SSC Security Correlations

SECUF Stock  USD 1.81  0.02  1.09%   
The current 90-days correlation between SSC Security Services and Bridger Aerospace Group is -0.04 (i.e., Good diversification). The correlation of SSC Security 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.

SSC Security Correlation With Market

Good diversification

The correlation between SSC Security Services and DJI is -0.02 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding SSC Security Services and DJI in the same portfolio, assuming nothing else is changed.
  
The ability to find closely correlated positions to SSC Security could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SSC Security 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 SSC Security - 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 SSC Security Services to buy it.

Moving together with SSC OTC Stock

  0.66SCTBY Securitas ABPairCorr
  0.74BRK-A Berkshire HathawayPairCorr
  0.66CBSH Commerce Bancshares Fiscal Year End 16th of January 2025 PairCorr
  0.62C Citigroup Fiscal Year End 10th of January 2025 PairCorr
  0.79GLABF Gemina Laboratories Earnings Call This WeekPairCorr
  0.72RWAYL MSCI ACWI exAUCONSUMERPairCorr
  0.72CEROW CERo Therapeutics Symbol ChangePairCorr

Moving against SSC OTC Stock

  0.39RNAZ Transcode TherapeuticsPairCorr
  0.33QLGN Qualigen TherapeuticsPairCorr
  0.65SIDU Sidus Space TrendingPairCorr
  0.58TEVA Teva Pharma Industries TrendingPairCorr

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   
CRFQFGDSI
KSCPBAERW
CRFQFKSCP
SECUFGFAI
KSCPGDSI
SECUFCRFQF
  
High negative correlations   
CRFQFAGSS
GDSIAGSS
KSCPAGSS
SECUFATWT
SPCBGDSI
SECUFAGSS

Risk-Adjusted Indicators

There is a big difference between SSC OTC Stock performing well and SSC Security 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 SSC Security'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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
BAERW  12.28  1.06  0.06  1.33  12.77 
 22.22 
 136.55 
AGSS  11.69  1.33  0.06 (0.34) 12.22 
 27.27 
 186.60 
GDSI  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
ATWT  12.89  1.33  0.06 (0.37) 14.03 
 27.78 
 97.50 
BKYI  5.58  0.17  0.02 (2.21) 5.52 
 18.31 
 87.16 
KSCP  7.57  1.90  0.18  0.75  9.13 
 17.97 
 52.99 
GFAI  3.86  0.02  0.01  0.03  4.52 
 8.91 
 36.09 
SPCB  3.71  0.08  0.01 (0.41) 4.37 
 9.12 
 19.42 
CRFQF  2.03  0.86  0.28 (1.37) 0.00 
 6.96 
 34.00 
SECUF  0.52 (0.04) 0.00  1.70  0.00 
 2.17 
 6.89 

Be your own money manager

Our tools can tell you how much better you can do entering a position in SSC Security 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 Alpha Finder Now

   

Alpha Finder

Use alpha and beta coefficients to find investment opportunities after accounting for the risk
All  Next Launch Module

SSC Security Corporate Management

Elected by the shareholders, the SSC Security's board of directors comprises two types of representatives: SSC Security inside directors who are chosen from within the company, and outside directors, selected externally and held independent of SSC. The board's role is to monitor SSC Security's management team and ensure that shareholders' interests are well served. SSC Security'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, SSC Security's outside directors are responsible for providing unbiased perspectives on the board's policies.
Jamie BurgessDirector FinProfile
Blair CDIRChief OfficerProfile
Patricia WarsabaCo SecProfile
Brennan CraigDirector LogisticsProfile
Gary WilsonDirector SalesProfile
MBA MBAChairman, CoFounderProfile
Bradley FarquharEx CoFounderProfile