Stephan Correlations
| SPCODelisted Stock | USD 1.64 0.06 3.53% |
The current 90-days correlation between The Stephan and LOreal Co ADR is 0.08 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Stephan moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if The Stephan Co moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Stephan Correlation With Market
Significant diversification
The correlation between The Stephan Co and DJI is 0.09 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding The Stephan Co and DJI in the same portfolio, assuming nothing else is changed.
Stephan |
The ability to find closely correlated positions to Stephan could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Stephan 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 Stephan - 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 The Stephan Co to buy it.
Moving together with Stephan Pink Sheet
| 0.69 | CVX | Chevron Corp Fiscal Year End 7th of February 2025 | PairCorr |
| 0.69 | JPM | JPMorgan Chase Fiscal Year End 10th of January 2025 | PairCorr |
| 0.64 | WMT | Walmart | PairCorr |
| 0.64 | T | ATT Inc Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.62 | TRV | The Travelers Companies Fiscal Year End 17th of January 2025 | PairCorr |
| 0.7 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
Moving against Stephan Pink Sheet
| 0.62 | KO | Coca Cola Fiscal Year End 11th of February 2025 | PairCorr |
| 0.56 | JNJ | Johnson Johnson Fiscal Year End 28th of January 2025 | PairCorr |
| 0.43 | AFFL | Affiliated Resources Corp | PairCorr |
| 0.32 | VNTN | VentureNet Capital | PairCorr |
| 0.31 | MCD | McDonalds Sell-off Trend | 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
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Risk-Adjusted Indicators
There is a big difference between Stephan Pink Sheet performing well and Stephan 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 Stephan'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| LRLCY | 1.35 | (0.21) | 0.00 | (0.42) | 0.00 | 2.94 | 12.61 | |||
| UNLYF | 1.76 | (0.10) | 0.00 | (0.28) | 0.00 | 4.91 | 13.31 | |||
| EL | 2.07 | (0.08) | 0.00 | (0.02) | 0.00 | 4.80 | 30.90 | |||
| CHD | 0.85 | 0.00 | (0.06) | 0.09 | 0.95 | 1.53 | 6.62 | |||
| KMB | 0.71 | (0.12) | 0.00 | (1.55) | 0.00 | 1.03 | 5.67 | |||
| CL | 0.87 | (0.18) | 0.00 | 1.14 | 0.00 | 1.30 | 6.33 | |||
| UL | 0.66 | (0.13) | 0.00 | 2.00 | 0.00 | 1.08 | 6.60 | |||
| PG | 0.72 | (0.02) | 0.00 | (0.59) | 0.00 | 1.56 | 5.01 |
Stephan Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Stephan pink sheet to make a market-neutral strategy. Peer analysis of Stephan could also be used in its relative valuation, which is a method of valuing Stephan by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Still Interested in The Stephan Co?
Investing in delisted pink sheets can be risky, as the pink sheet is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.