Liquid Avatar Correlations
The correlation of Liquid Avatar is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Liquid |
The ability to find closely correlated positions to Liquid Avatar could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Liquid Avatar when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Liquid Avatar - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Liquid Avatar Technologies to buy it.
Moving together with Liquid OTC Stock
| 0.74 | UBER | Uber Technologies Aggressive Push | PairCorr |
| 0.78 | PPERF | Bank Mandiri Persero | PairCorr |
| 0.79 | PPERY | Bank Mandiri Persero | PairCorr |
| 0.67 | BKRKF | PT Bank Rakyat | PairCorr |
| 0.64 | TLK | Telkom Indonesia Tbk | PairCorr |
| 0.72 | PBCRF | PT Bank Central | PairCorr |
| 0.76 | PBCRY | Bank Central Asia | PairCorr |
Moving against Liquid OTC Stock
| 0.88 | APP | Applovin Corp | PairCorr |
| 0.87 | SHOP | Shopify | PairCorr |
| 0.86 | MSTR | MicroStrategy Incorporated Buyout Trend | PairCorr |
| 0.83 | NOW | ServiceNow Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.81 | CRM | Salesforce | PairCorr |
| 0.76 | CDNS | Cadence Design Systems | PairCorr |
| 0.71 | SAPGF | SAP SE | PairCorr |
| 0.7 | SAP | SAP SE ADR Fiscal Year End 28th of January 2025 | PairCorr |
| 0.35 | INTU | Intuit Inc | PairCorr |
| 0.93 | NTRA | Natera Inc | PairCorr |
| 0.93 | YPF | YPF Sociedad Anonima | PairCorr |
| 0.89 | SMLR | Semler Scientific | PairCorr |
| 0.88 | RWAYL | MSCI ACWI exAUCONSUMER | PairCorr |
| 0.86 | OBYCF | Obayashi | PairCorr |
| 0.85 | WSM | Williams Sonoma | PairCorr |
| 0.79 | RELY | Remitly Global Tech Boost | PairCorr |
| 0.77 | DASH | DoorDash, Class A | PairCorr |
| 0.74 | BSIG | Brightsphere Investment | PairCorr |
| 0.72 | ZWS | Zurn Elkay Water | PairCorr |
| 0.66 | PETS | PetMed Express | PairCorr |
| 0.61 | THCP | Thunder Bridge Capital | PairCorr |
| 0.58 | M | Macys Inc | PairCorr |
| 0.31 | CRAI | CRA International | PairCorr |
| 0.86 | GLABF | Gemina Laboratories Earnings Call This Week | PairCorr |
| 0.86 | CNOBP | ConnectOne Bancorp | PairCorr |
| 0.78 | MAR | Marriott International | PairCorr |
| 0.76 | FRME | First Merchants Fiscal Year End 23rd of January 2025 | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Liquid OTC Stock performing well and Liquid Avatar OTC Stock doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Liquid Avatar's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CRM | 1.48 | 0.37 | 0.23 | 0.30 | 1.30 | 3.18 | 14.80 | |||
| SAP | 1.11 | 0.11 | 0.08 | 0.28 | 1.19 | 2.40 | 6.58 | |||
| NOW | 1.38 | 0.24 | 0.14 | 0.24 | 1.47 | 2.77 | 11.04 | |||
| INTU | 1.32 | (0.04) | 0.00 | (0.02) | 0.00 | 3.63 | 10.46 | |||
| SHOP | 2.06 | 0.51 | 0.22 | 0.42 | 2.01 | 4.43 | 29.23 | |||
| UBER | 1.71 | (0.32) | 0.00 | (0.34) | 0.00 | 2.67 | 20.41 | |||
| APP | 3.45 | 1.71 | 0.40 | 1.69 | 2.87 | 7.78 | 60.95 | |||
| MSTR | 5.57 | 1.58 | 0.30 | 0.57 | 4.84 | 12.96 | 41.89 | |||
| CDNS | 1.71 | 0.11 | 0.05 | 0.14 | 2.19 | 2.92 | 18.93 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Liquid Avatar without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Liquid Avatar Corporate Management
Elected by the shareholders, the Liquid Avatar's board of directors comprises two types of representatives: Liquid Avatar inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Liquid. The board's role is to monitor Liquid Avatar's management team and ensure that shareholders' interests are well served. Liquid Avatar's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Liquid Avatar's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Michael Konikoff | Chief Officer | Profile | |
| Ralph III | Chief Director | Profile | |
| Lynn Cumiskey | Chief Officer | Profile | |
| CA CA | Chief Officer | Profile | |
| David Lucatch | Chairman, CoFounder | Profile |