Rogers Sugar Correlations
| RSI Stock | CAD 5.51 0.04 0.73% |
The current 90-days correlation between Rogers Sugar and Extendicare is 0.19 (i.e., Average diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Rogers Sugar moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Rogers Sugar moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Rogers Sugar Correlation With Market
Average diversification
The correlation between Rogers Sugar and DJI is 0.18 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Rogers Sugar and DJI in the same portfolio, assuming nothing else is changed.
Rogers |
The ability to find closely correlated positions to Rogers Sugar could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Rogers Sugar 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 Rogers Sugar - 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 Rogers Sugar to buy it.
Moving against Rogers Stock
Related Correlations Analysis
| 0.91 | -0.38 | 0.71 | 0.6 | EXE | ||
| 0.91 | -0.22 | 0.73 | 0.51 | PZA | ||
| -0.38 | -0.22 | -0.18 | -0.77 | CHE-UN | ||
| 0.71 | 0.73 | -0.18 | 0.49 | SIA | ||
| 0.6 | 0.51 | -0.77 | 0.49 | NWH-UN | ||
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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
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Risk-Adjusted Indicators
There is a big difference between Rogers Stock performing well and Rogers Sugar 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 Rogers Sugar'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| EXE | 1.23 | 0.46 | 0.42 | 0.98 | 0.72 | 2.59 | 10.22 | |||
| PZA | 0.55 | 0.14 | 0.20 | 0.28 | 0.66 | 1.49 | 4.32 | |||
| CHE-UN | 1.13 | (0.10) | 0.00 | (0.25) | 0.00 | 2.07 | 9.41 | |||
| SIA | 0.97 | 0.08 | 0.08 | 0.24 | 1.54 | 1.84 | 8.65 | |||
| NWH-UN | 1.21 | 0.19 | 0.15 | 0.30 | 1.32 | 3.05 | 7.54 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Rogers Sugar 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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Rogers Sugar Corporate Executives
Elected by the shareholders, the Rogers Sugar's board of directors comprises two types of representatives: Rogers Sugar inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Rogers. The board's role is to monitor Rogers Sugar's management team and ensure that shareholders' interests are well served. Rogers Sugar'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, Rogers Sugar's outside directors are responsible for providing unbiased perspectives on the board's policies.
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