Rjd Green Correlations

RJDG Stock

USD 0.01 0.0009 12.00%

The current 90-days correlation between Rjd Green and Epazz Inc is 0.09 (i.e., Significant diversification). The correlation of Rjd Green 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.

Rjd Green Correlation With Market

Good diversification

The correlation between Rjd Green and DJI is -0.13 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Rjd Green and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to Rjd Green could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Rjd Green 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 Rjd Green - 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 Rjd Green to buy it.

Moving against Rjd Pink Sheet

0.46	PKX	POSCO Holdings	Pair Corr
0.44	CTPCY	Citic Ltd ADR	Pair Corr
0.43	BRK-A	Berkshire Hathaway	Pair Corr
0.43	BRK-B	Berkshire Hathaway	Pair Corr
0.37	MSBHF	Mitsubishi Corp	Pair Corr
0.34	U4R90AAB4	HLF 4875 01	Pair Corr
0.37	KOREF	KORE Mining	Pair Corr
0.37	IPIX	Innovation Pharmaceuticals	Pair Corr
0.33	YUM	Yum Brands	Pair Corr

Related Correlations Analysis

	APTL	WRLC	MMM	EPAZ	ITOX	CGRA	ADHC	AXXA
APTL		-0.05	0.55	0.6	0.71	0.06	-0.21	-0.63	APTL
WRLC	-0.05		-0.3	-0.31	-0.25	0.06	0.47	0.05	WRLC
MMM	0.55	-0.3		0.44	0.76	0.04	-0.6	-0.59	MMM
EPAZ	0.6	-0.31	0.44		0.59	0.1	-0.47	-0.51	EPAZ
ITOX	0.71	-0.25	0.76	0.59		0.04	-0.41	-0.62	ITOX
CGRA	0.06	0.06	0.04	0.1	0.04		-0.31	0.18	CGRA
ADHC	-0.21	0.47	-0.6	-0.47	-0.41	-0.31		0.32	ADHC
AXXA	-0.63	0.05	-0.59	-0.51	-0.62	0.18	0.32		AXXA
	APTL	WRLC	MMM	EPAZ	ITOX	CGRA	ADHC	AXXA

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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

ITOX	+ 0.76	MMM
ITOX	+ 0.71	APTL
EPAZ	+ 0.6	APTL
ITOX	+ 0.59	EPAZ
MMM	+ 0.55	APTL
ADHC	+ 0.47	WRLC

High negative correlations

AXXA	- 0.63	APTL
AXXA	- 0.62	ITOX
ADHC	- 0.6	MMM
AXXA	- 0.59	MMM
AXXA	- 0.51	EPAZ
ADHC	- 0.47	EPAZ

Risk-Adjusted Indicators

There is a big difference between Rjd Pink Sheet performing well and Rjd Green 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 Rjd Green'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
APTL	0.42	0.00	0.02	(0.07)	0.77	(1.55)	1.27	(1.11)	10.44
WRLC	1.57	0.06	0.02	1.21	2.53	(2.79)	4.38	(6.20)	18.34
MMM	0.98	0.33	0.29	0.31	0.84	(1.17)	2.21	(1.61)	6.90
EPAZ	7,458	3,787	121.70	39.84	0.00	(15,644)	25.00	(20.00)	249,957
ITOX	9.49	1.41	0.08	(3.32)	9.38	(21.00)	28.57	(20.00)	75.00
CGRA	17.29	3.73	0.12	2.29	15.05	(41.74)	50.00	(33.33)	133.33
ADHC	10.16	(0.23)	0.00	(0.45)	0.00	0.00	25.00	(18.75)	63.53
AXXA	8.09	0.14	0.01	6.63	8.14	(15.85)	20.00	(14.29)	45.24

Be your own money manager

Our tools can tell you how much better you can do entering a position in Rjd Green 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.

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