Carbon Streaming Correlations
| OFSTF Stock | USD 0.33 0.02 5.71% |
The current 90-days correlation between Carbon Streaming Corp and New America High is -0.05 (i.e., Good diversification). The correlation of Carbon Streaming 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.
Carbon Streaming Correlation With Market
Good diversification
The correlation between Carbon Streaming Corp and DJI is -0.04 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Carbon Streaming Corp and DJI in the same portfolio, assuming nothing else is changed.
Carbon |
The ability to find closely correlated positions to Carbon Streaming could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Carbon Streaming 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 Carbon Streaming - 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 Carbon Streaming Corp to buy it.
Moving together with Carbon OTC Stock
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| 0.79 | BAMGF | Brookfield Asset Man | PairCorr |
| 0.68 | PFE | Pfizer Inc Aggressive Push | PairCorr |
| 0.88 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.61 | MMM | 3M Company Fiscal Year End 28th of January 2025 | PairCorr |
| 0.83 | KO | Coca Cola Fiscal Year End 11th of February 2025 | PairCorr |
Moving against Carbon OTC Stock
| 0.81 | AMP | Ameriprise Financial Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.76 | KNTK | Kinetik Holdings | PairCorr |
| 0.76 | AVTE | Aerovate Therapeutics | PairCorr |
| 0.76 | BAC | Bank of America Fiscal Year End 10th of January 2025 | PairCorr |
| 0.75 | BLK | BlackRock Fiscal Year End 10th of January 2025 | PairCorr |
| 0.73 | BX | Blackstone Group Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.73 | BK | Bank of New York Fiscal Year End 10th of January 2025 | PairCorr |
| 0.72 | APO | Apollo Global Management | PairCorr |
| 0.63 | ARES | Ares Management LP | PairCorr |
| 0.57 | GOOD | Gladstone Commercial | PairCorr |
| 0.48 | MMSI | Merit Medical Systems | PairCorr |
| 0.47 | GOOG | Alphabet Class C | PairCorr |
| 0.78 | JPM | JPMorgan Chase Fiscal Year End 10th of January 2025 | PairCorr |
| 0.77 | CSCO | Cisco Systems | PairCorr |
| 0.66 | CVX | Chevron Corp Fiscal Year End 7th of February 2025 | PairCorr |
| 0.66 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
| 0.65 | TRV | The Travelers Companies Fiscal Year End 17th of January 2025 | PairCorr |
| 0.6 | PYPL | PayPal Holdings | PairCorr |
| 0.57 | DIS | Walt Disney | PairCorr |
| 0.57 | T | ATT Inc Earnings Call This Week | PairCorr |
| 0.55 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.43 | HPQ | HP Inc | PairCorr |
| 0.31 | INTC | Intel Fiscal Year End 23rd of January 2025 | PairCorr |
Related Correlations Analysis
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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 Carbon OTC Stock performing well and Carbon Streaming 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 Carbon Streaming'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| JGH | 0.41 | 0.01 | (0.01) | 0.09 | 0.53 | 0.79 | 3.15 | |||
| HYB | 0.37 | (0.01) | (0.05) | (0.17) | 0.49 | 0.73 | 2.44 | |||
| BBUC | 1.57 | 0.05 | 0.02 | 0.10 | 1.82 | 3.15 | 9.74 | |||
| KTF | 0.45 | (0.03) | 0.00 | (0.12) | 0.00 | 1.13 | 3.32 | |||
| MVT | 0.48 | (0.12) | 0.00 | (1.22) | 0.00 | 1.02 | 2.57 | |||
| ETJ | 0.50 | 0.01 | 0.00 | 0.06 | 0.59 | 0.88 | 3.67 | |||
| HIO | 0.44 | (0.02) | 0.00 | (0.05) | 0.00 | 1.27 | 2.81 | |||
| ETW | 0.55 | 0.00 | (0.02) | 0.02 | 0.72 | 1.19 | 3.43 | |||
| MVF | 0.53 | (0.10) | 0.00 | (1.34) | 0.00 | 0.96 | 2.81 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Carbon Streaming 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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Carbon Streaming Corporate Management
Elected by the shareholders, the Carbon Streaming's board of directors comprises two types of representatives: Carbon Streaming inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Carbon. The board's role is to monitor Carbon Streaming's management team and ensure that shareholders' interests are well served. Carbon Streaming'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, Carbon Streaming's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Naazia Ebrahim | Director Projects | Profile | |
| Geoff Smith | Pres COO | Profile | |
| Amy Chambers | Communications Marketing | Profile | |
| Conor Kearns | Chief Officer | Profile | |
| Anne Walters | Gen Sec | Profile | |
| Justin CFA | CEO Director | Profile | |
| Michael Psihogios | Chief Officer | Profile |