Trimax Corp Correlations
| TMXN Stock | USD 0.0009 0.0004 30.77% |
The current 90-days correlation between Trimax Corp and Indo Global Exchange is -0.08 (i.e., Good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Trimax Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Trimax Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Trimax Corp Correlation With Market
Very good diversification
The correlation between Trimax Corp and DJI is -0.34 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Trimax Corp and DJI in the same portfolio, assuming nothing else is changed.
Trimax |
The ability to find closely correlated positions to Trimax Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Trimax Corp 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 Trimax Corp - 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 Trimax Corp to buy it.
Moving against Trimax Pink Sheet
| 0.58 | TD | Toronto Dominion Bank | PairCorr |
| 0.57 | CWPS | Conwest Assoc Part | PairCorr |
| 0.55 | BJCHY | Beijing Capital Inte Earnings Call This Week | PairCorr |
| 0.52 | DVRNF | Deveron Corp | PairCorr |
| 0.51 | BRK-A | Berkshire Hathaway | PairCorr |
| 0.51 | BRK-B | Berkshire Hathaway | PairCorr |
| 0.51 | CMSQF | Computershare Limited | PairCorr |
| 0.5 | BACQU | Bleichroeder Acquisition | PairCorr |
| 0.5 | SGAPY | Singapore Telecommunicatio | PairCorr |
| 0.41 | CHT | Chunghwa Telecom | PairCorr |
| 0.39 | BLTH | American Battery Mat | PairCorr |
| 0.38 | FREKF | freee KK | PairCorr |
| 0.34 | NHNCF | NAVER Corp | PairCorr |
| 0.33 | MDLZ | Mondelez International | PairCorr |
| 0.32 | FANUF | Fanuc | PairCorr |
| 0.6 | CIMO | Chimera Investment | PairCorr |
| 0.58 | STJPF | St Jamess Place | PairCorr |
| 0.57 | SR | Spire Inc | PairCorr |
| 0.56 | TECTP | Tectonic Financial | PairCorr |
| 0.5 | WZZAF | Wizz Air Holdings | PairCorr |
| 0.5 | GLBXF | Globex Mining Enterprises | PairCorr |
| 0.49 | BTT | Blackrock Municipal | PairCorr |
| 0.48 | SPND | Spindletop OG | PairCorr |
| 0.48 | GOTRF | Goliath Resources | PairCorr |
| 0.47 | SKSUF | Sekisui Chemical | PairCorr |
| 0.46 | BSET | Bassett Furniture | PairCorr |
| 0.46 | BABA | Alibaba Group Holding Aggressive Push | PairCorr |
Related Correlations Analysis
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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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Trimax Pink Sheet performing well and Trimax Corp 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 Trimax Corp'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| AFOM | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| APTY | 9.72 | 1.12 | 0.05 | 5.45 | 10.57 | 33.33 | 61.90 | |||
| IGEX | 4.29 | 0.53 | 0.05 | 0.82 | 4.97 | 16.67 | 30.95 | |||
| RMRK | 6.80 | 1.23 | 0.05 | (5.09) | 7.96 | 33.33 | 58.33 | |||
| SUTI | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Trimax Corp 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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Alpha FinderUse alpha and beta coefficients to find investment opportunities after accounting for the risk |
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Trimax Corp Corporate Management
| Jarrod Sr | Director Marketing | Profile | |
| Reginald Olson | S Treasurer | Profile | |
| Robert Stewart | CEO Chairman | Profile | |
| Justin Miloro | Chief Division | Profile | |
| Debra Saavedra | Chief Officer | Profile | |
| Hugo Saavedra | Chief Officer | Profile | |
| Alan Breslaw | Chief Officer | Profile |