Santa Cruz Correlations
| SCZC Stock | USD 41.50 0.05 0.12% |
The current 90-days correlation between Santa Cruz County and North Dallas Bank is 0.06 (i.e., Significant diversification). The correlation of Santa Cruz 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.
Santa Cruz Correlation With Market
Weak diversification
The correlation between Santa Cruz County and DJI is 0.35 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Santa Cruz County and DJI in the same portfolio, assuming nothing else is changed.
Santa |
The ability to find closely correlated positions to Santa Cruz could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Santa Cruz 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 Santa Cruz - 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 Santa Cruz County to buy it.
Moving together with Santa OTC Stock
| 0.77 | BAC | Bank of America Aggressive Push | PairCorr |
| 0.83 | DIS | Walt Disney Sell-off Trend | PairCorr |
| 0.65 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.76 | JPM | JPMorgan Chase Sell-off Trend | PairCorr |
Moving against Santa OTC Stock
| 0.75 | PBCRY | Bank Central Asia | PairCorr |
| 0.68 | PPERY | Bank Mandiri Persero | PairCorr |
| 0.68 | JNJ | Johnson Johnson Sell-off Trend | PairCorr |
| 0.62 | BKRKY | Bank Rakyat | PairCorr |
| 0.62 | TLK | Telkom Indonesia Tbk | PairCorr |
| 0.62 | KO | Coca Cola Aggressive Push | PairCorr |
| 0.59 | PPERF | Bank Mandiri Persero | PairCorr |
| 0.54 | PBCRF | PT Bank Central | PairCorr |
| 0.52 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.47 | BKRKF | PT Bank Rakyat | PairCorr |
| 0.35 | MCD | McDonalds Fiscal Year End 3rd of February 2025 | 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
|
Risk-Adjusted Indicators
There is a big difference between Santa OTC Stock performing well and Santa Cruz OTC Stock 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 Santa Cruz'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| HRBK | 0.93 | 0.16 | 0.00 | (0.43) | 1.24 | 3.45 | 13.83 | |||
| LBNW | 0.39 | 0.05 | 0.00 | 2.42 | 0.00 | 1.74 | 6.62 | |||
| PBKC | 0.30 | 0.14 | 0.00 | (1.50) | 0.00 | 1.13 | 5.76 | |||
| SMAL | 0.84 | 0.10 | (0.04) | (0.17) | 1.12 | 1.69 | 5.34 | |||
| NODB | 0.35 | 0.14 | (0.01) | (0.65) | 0.41 | 0.96 | 7.28 | |||
| FISB | 0.58 | 0.22 | 0.05 | (3.93) | 0.43 | 1.78 | 8.81 | |||
| CTUY | 0.46 | 0.21 | 0.07 | (1.34) | 0.00 | 1.63 | 4.43 | |||
| ARBV | 0.47 | 0.13 | 0.04 | 0.78 | 0.00 | 1.49 | 3.70 | |||
| BCAL | 0.96 | 0.10 | 0.17 | 0.19 | 0.52 | 2.47 | 11.39 | |||
| AMBZ | 0.66 | 0.26 | 0.20 | 0.82 | 0.00 | 1.88 | 4.78 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Santa Cruz 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?
Run Stock Tickers Now
Stock TickersUse high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites |
| All Next | Launch Module |
Santa Cruz Corporate Management
Elected by the shareholders, the Santa Cruz's board of directors comprises two types of representatives: Santa Cruz inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Santa. The board's role is to monitor Santa Cruz's management team and ensure that shareholders' interests are well served. Santa Cruz'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, Santa Cruz's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Kenneth CPA | Founder Director | Profile | |
| William Hansen | Founder Chairman | Profile | |
| Anthony Campos | Founder | Profile | |
| Richard Alderson | Founder | Profile | |
| Rebecca Campos | Founder | Profile | |
| Kate Chen | Founder | Profile | |
| Krista CPA | CEO Pres | Profile |