PICC Property Correlations
The correlation of PICC Property 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.
PICC |
The ability to find closely correlated positions to PICC Property could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PICC Property 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 PICC Property - 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 PICC Property And to buy it.
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between PICC Pink Sheet performing well and PICC Property 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 PICC Property'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ALL-PI | 0.75 | 0.01 | 0.02 | (0.01) | 1.12 | 1.59 | 6.07 | |||
| ALL-PB | 0.32 | (0.03) | 0.00 | (0.34) | 0.00 | 0.58 | 2.21 | |||
| AHL-PD | 0.77 | (0.12) | 0.00 | (0.65) | 0.00 | 1.38 | 5.49 | |||
| AHL-PE | 0.77 | (0.06) | 0.00 | (0.29) | 0.00 | 1.63 | 5.20 |
PICC Property Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with PICC Property pink sheet to make a market-neutral strategy. Peer analysis of PICC Property could also be used in its relative valuation, which is a method of valuing PICC Property by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
PICC Property Corporate Management
| Dong Shen | Chief Accountant, Responsible Financial Officer and General Manager of Fin. and Accounting Department | Profile | |
| Ze Yu | Pres Director | Profile | |
| Daoming Zhang | Ex Director | Profile | |
| Zhou Shuqun | Pres PICC | Profile | |
| Xiao Zhang | Company Sec | Profile |
Still Interested in PICC Property And?
Investing in delisted pink sheets can be risky, as the pink sheet is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.