PHI Correlations
| PHIL Stock | USD 0.0002 0.0001 100.00% |
The current 90-days correlation between PHI Group and Morningstar Unconstrained Allocation is -0.1 (i.e., Good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as PHI moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PHI Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
PHI Correlation With Market
Average diversification
The correlation between PHI Group and DJI is 0.16 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding PHI Group and DJI in the same portfolio, assuming nothing else is changed.
PHI |
The ability to find closely correlated positions to PHI could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PHI 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 PHI - 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 PHI Group to buy it.
Moving together with PHI Pink Sheet
| 0.64 | PPERF | Bank Mandiri Persero | PairCorr |
| 0.64 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
Moving against PHI Pink Sheet
| 0.66 | MS | Morgan Stanley Fiscal Year End 21st of January 2025 | PairCorr |
| 0.64 | CGXYY | China Galaxy Securities | PairCorr |
| 0.63 | GS | Goldman Sachs Group Fiscal Year End 21st of January 2025 | PairCorr |
| 0.63 | IBKR | Interactive Brokers Fiscal Year End 21st of January 2025 | PairCorr |
| 0.62 | SCHW | Charles Schwab Corp Fiscal Year End 15th of January 2025 | PairCorr |
| 0.58 | MS-PA | Morgan Stanley | PairCorr |
| 0.5 | GS-PA | Goldman Sachs | PairCorr |
| 0.43 | GS-PD | Goldman Sachs | PairCorr |
| 0.37 | KB | KB Financial Group | PairCorr |
| 0.63 | CSCO | Cisco Systems Sell-off Trend | PairCorr |
| 0.61 | BAC | Bank of America Aggressive Push | PairCorr |
| 0.58 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.57 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
| 0.56 | INTC | Intel Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.56 | DIS | Walt Disney Sell-off Trend | PairCorr |
| 0.56 | CVX | Chevron Corp Sell-off Trend | PairCorr |
| 0.55 | TRV | The Travelers Companies Fiscal Year End 17th of January 2025 | PairCorr |
| 0.44 | CAT | Caterpillar Fiscal Year End 3rd of February 2025 | PairCorr |
| 0.42 | HD | Home Depot | 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 PHI Pink Sheet performing well and PHI Company 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 PHI'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| MS | 1.31 | 0.14 | 0.21 | 0.19 | 0.95 | 3.08 | 13.93 | |||
| GS | 1.29 | 0.00 | 0.11 | 0.13 | 1.30 | 2.50 | 15.41 | |||
| 444859BR2 | 1.36 | (0.01) | 0.00 | 0.16 | 0.00 | 5.93 | 16.62 | |||
| SCRYY | 2.06 | 0.26 | 0.07 | 1.64 | 2.00 | 5.61 | 12.99 | |||
| AQUI | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| APAAX | 0.14 | 0.02 | (0.38) | (0.13) | 0.14 | 0.31 | 1.13 | |||
| LBHIX | 0.12 | 0.01 | (0.44) | 0.51 | 0.00 | 0.24 | 0.96 | |||
| MSTSX | 0.49 | (0.03) | (0.12) | 0.08 | 0.50 | 1.21 | 2.80 | |||
| ID | 3.84 | 0.90 | 0.16 | 1.45 | 3.99 | 7.89 | 20.54 | |||
| VIASP | 0.75 | 0.08 | (0.04) | (1.44) | 1.13 | 2.28 | 7.18 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in PHI 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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PHI Corporate Management
| Hoang Anh | Director Asia | Profile | |
| Tina Phan | Treasurer, Secretary | Profile | |
| Venkateswar Gopisetti | Inc Healthcare | Profile | |
| Frank Stankunas | S Pres | Profile | |
| Horace Horumba | Pres Europe | Profile |