Spectra7 Microsystems Correlations
| SEV Stock | 0.03 0.01 16.67% |
The current 90-days correlation between Spectra7 Microsystems and Current Water Technologies is -0.09 (i.e., Good diversification). The correlation of Spectra7 Microsystems 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. If the correlation is 0, the equities are not correlated; they are entirely random.
Spectra7 Microsystems Correlation With Market
Good diversification
The correlation between Spectra7 Microsystems and DJI is -0.11 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Spectra7 Microsystems and DJI in the same portfolio, assuming nothing else is changed.
Spectra7 |
The ability to find closely correlated positions to Spectra7 Microsystems could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Spectra7 Microsystems 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 Spectra7 Microsystems - 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 Spectra7 Microsystems to buy it.
Moving together with Spectra7 Stock
Moving against Spectra7 Stock
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Spectra7 Microsystems Corporate Management
Elected by the shareholders, the Spectra7 Microsystems' board of directors comprises two types of representatives: Spectra7 Microsystems inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Spectra7. The board's role is to monitor Spectra7 Microsystems' management team and ensure that shareholders' interests are well served. Spectra7 Microsystems' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Spectra7 Microsystems' outside directors are responsible for providing unbiased perspectives on the board's policies.
| David Mier | Interim Officer | Profile | |
| Bonnie Tomei | Chief Officer | Profile | |
| Andrew Kim | VP CTO | Profile | |
| John Mitchell | Chief Officer | Profile | |
| Marc Correa | Vice Operations | Profile | |
| Ronald Pasek | Interim Board | Profile |