Pritish Nandy Correlations
| PNC Stock | 25.62 1.22 5.00% |
The current 90-days correlation between Pritish Nandy Commun and Jindal Poly Investment is 0.61 (i.e., Poor diversification). The correlation of Pritish Nandy 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.
Pritish Nandy Correlation With Market
Significant diversification
The correlation between Pritish Nandy Communications and DJI is 0.02 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Pritish Nandy Communications and DJI in the same portfolio, assuming nothing else is changed.
Pritish |
The ability to find closely correlated positions to Pritish Nandy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pritish Nandy 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 Pritish Nandy - 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 Pritish Nandy Communications to buy it.
Moving together with Pritish Stock
| 0.82 | TCS | Tata Consultancy Services | PairCorr |
| 0.84 | INFY | Infosys Limited | PairCorr |
| 0.84 | SIS | SIS LIMITED | PairCorr |
| 0.74 | SBIN | State Bank | PairCorr |
Moving against Pritish Stock
Related Correlations Analysis
| 0.81 | 0.7 | 0.88 | 0.7 | 0.74 | 0.88 | 0.39 | GARUDA | ||
| 0.81 | 0.89 | 0.81 | 0.78 | 0.88 | 0.92 | 0.44 | AARTIDRUGS | ||
| 0.7 | 0.89 | 0.73 | 0.63 | 0.72 | 0.8 | 0.12 | MANGALAM | ||
| 0.88 | 0.81 | 0.73 | 0.74 | 0.76 | 0.88 | 0.31 | AIIL | ||
| 0.7 | 0.78 | 0.63 | 0.74 | 0.86 | 0.81 | 0.55 | BETA | ||
| 0.74 | 0.88 | 0.72 | 0.76 | 0.86 | 0.92 | 0.65 | JPOLYINVST | ||
| 0.88 | 0.92 | 0.8 | 0.88 | 0.81 | 0.92 | 0.5 | KNRCON | ||
| 0.39 | 0.44 | 0.12 | 0.31 | 0.55 | 0.65 | 0.5 | TATAINVEST | ||
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Risk-Adjusted Indicators
There is a big difference between Pritish Stock performing well and Pritish Nandy 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 Pritish Nandy'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| GARUDA | 3.23 | (0.09) | 0.00 | 0.36 | 0.00 | 7.24 | 21.08 | |||
| AARTIDRUGS | 2.10 | (0.24) | 0.00 | (0.41) | 0.00 | 5.83 | 18.38 | |||
| MANGALAM | 2.43 | (0.56) | 0.00 | (0.60) | 0.00 | 3.97 | 21.24 | |||
| AIIL | 2.67 | 0.01 | 0.01 | (0.06) | 3.02 | 7.52 | 17.85 | |||
| BETA | 3.09 | (0.05) | 0.00 | (0.10) | 0.00 | 9.30 | 16.49 | |||
| JPOLYINVST | 1.85 | (0.41) | 0.00 | (7.18) | 0.00 | 3.78 | 9.10 | |||
| KNRCON | 1.87 | (0.50) | 0.00 | (4.85) | 0.00 | 2.35 | 21.36 | |||
| TATAINVEST | 1.86 | (0.04) | 0.00 | 0.03 | 0.00 | 3.71 | 16.73 |
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Pritish Nandy Corporate Management
Elected by the shareholders, the Pritish Nandy's board of directors comprises two types of representatives: Pritish Nandy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Pritish. The board's role is to monitor Pritish Nandy's management team and ensure that shareholders' interests are well served. Pritish Nandy'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, Pritish Nandy's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Imtiaz Chougle | Manager Accounts | Profile | |
| Harshawardhan Sabale | Chief Television | Profile | |
| Hemant Auti | Company Officer | Profile | |
| Kishor Palkar | Chief Officer | Profile | |
| Yatender Verma | Compliances Fin | Profile |