NTG Clarity Correlations
| NCI Stock | CAD 1.57 0.02 1.29% |
The current 90-days correlation between NTG Clarity Networks and Current Water Technologies is -0.18 (i.e., Good diversification). The correlation of NTG Clarity 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. If the correlation is 0, the equities are not correlated; they are entirely random.
NTG Clarity Correlation With Market
Significant diversification
The correlation between NTG Clarity Networks and DJI is 0.03 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding NTG Clarity Networks and DJI in the same portfolio, assuming nothing else is changed.
NTG |
The ability to find closely correlated positions to NTG Clarity could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NTG Clarity 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 NTG Clarity - 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 NTG Clarity Networks to buy it.
Moving together with NTG Stock
| 0.72 | XX | Avante Logixx | PairCorr |
| 0.83 | BRY | Bri Chem Corp | PairCorr |
| 0.66 | VLE | Valeura Energy | PairCorr |
| 0.8 | NPTH | NeuPath Health | PairCorr |
| 0.82 | AAPL | Apple Inc CDR | PairCorr |
| 0.65 | FFH-PF | Fairfax Financial | PairCorr |
| 0.71 | QNC | Quantum Numbers | PairCorr |
Moving against NTG Stock
| 0.62 | GFR | Greenfire Resources | PairCorr |
| 0.59 | RCI-A | Rogers Communications | PairCorr |
| 0.58 | CCL-A | CCL Industries | PairCorr |
| 0.55 | QTWO | Q2 Metals Corp | PairCorr |
| 0.34 | MTH | Mammoth Resources Corp | PairCorr |
Related Correlations Analysis
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Be your own money manager
Our tools can tell you how much better you can do entering a position in NTG Clarity 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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NTG Clarity Corporate Management
Elected by the shareholders, the NTG Clarity's board of directors comprises two types of representatives: NTG Clarity inside directors who are chosen from within the company, and outside directors, selected externally and held independent of NTG. The board's role is to monitor NTG Clarity's management team and ensure that shareholders' interests are well served. NTG Clarity'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, NTG Clarity's outside directors are responsible for providing unbiased perspectives on the board's policies.
| May Youssef | Vice Sales | Profile | |
| Ashraf Fayed | Sr Operations | Profile | |
| Mohamed Gamal | Chief Architect | Profile | |
| Yaser Yousef | Chief Officer | Profile |