532457CG1 Correlations
| 532457CG1 | 102.26 11.03 12.09% |
The current 90-days correlation between LLY 4875 27 and AmTrust Financial Services is 0.13 (i.e., Average diversification). The correlation of 532457CG1 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.
532457CG1 Correlation With Market
Good diversification
The correlation between LLY 4875 27 FEB 53 and DJI is -0.19 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding LLY 4875 27 FEB 53 and DJI in the same portfolio, assuming nothing else is changed.
532457CG1 |
The ability to find closely correlated positions to 532457CG1 could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace 532457CG1 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 532457CG1 - 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 LLY 4875 27 FEB 53 to buy it.
Moving against 532457CG1 Bond
| 0.82 | HAFC | Hanmi Financial Fiscal Year End 28th of January 2025 | PairCorr |
| 0.78 | BAC | Bank of America Fiscal Year End 10th of January 2025 | PairCorr |
| 0.77 | FNCL | Fidelity MSCI Financials | PairCorr |
| 0.76 | DASH | DoorDash, Class A | PairCorr |
| 0.73 | GLPPRB | Global Partners LP | PairCorr |
| 0.7 | IBLC | iShares Blockchain and | PairCorr |
| 0.68 | RCMT | RCM Technologies | PairCorr |
| 0.66 | FRME | First Merchants Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.65 | TRT | Trio Tech International | PairCorr |
| 0.65 | HUT | Hut 8 Corp | PairCorr |
| 0.61 | FFTY | Innovator IBD 50 | PairCorr |
| 0.56 | SOFR | SOFR Symbol Change | PairCorr |
| 0.52 | EVGR | Evergreen Corp | PairCorr |
| 0.52 | SHYL | Xtrackers Short Duration | PairCorr |
| 0.49 | PETS | PetMed Express | PairCorr |
| 0.46 | NERD | Roundhill Video Games | PairCorr |
| 0.42 | NBIX | Neurocrine Biosciences | PairCorr |
| 0.4 | CNOBP | ConnectOne Bancorp | PairCorr |
| 0.37 | OBYCF | Obayashi | PairCorr |
| 0.33 | AXTG | Axis Technologies | PairCorr |
| 0.78 | LMOFX | Miller Opportunity Trust | PairCorr |
| 0.72 | NVDX | T Rex 2X | PairCorr |
| 0.68 | FCSKX | Franklin Vertible | PairCorr |
| 0.68 | HAGAX | Eagle Mid Cap | PairCorr |
| 0.66 | LOUP | Innovator Loup Frontier | PairCorr |
| 0.66 | FRSGX | Franklin Small Mid | PairCorr |
| 0.64 | ISJBX | Voya Stock Index | PairCorr |
| 0.63 | ASG | Liberty All Star | PairCorr |
| 0.63 | ASIUX | Multi Asset Real | PairCorr |
| 0.62 | TRFK | Pacer Funds Trust | PairCorr |
| 0.61 | SFEPX | Guggenheim Styleplus Potential Growth | PairCorr |
| 0.61 | AFOZX | Alger Funds Mid | PairCorr |
| 0.58 | VSLU | ETF Opportunities Trust | PairCorr |
| 0.58 | PHSKX | Virtus Kar Mid | PairCorr |
| 0.57 | CFSIX | Touchstone Sands Capital | 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 532457CG1 Bond performing well and 532457CG1 Corporate Bond 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 532457CG1'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| AFSIP | 1.48 | 0.05 | 0.01 | 0.66 | 2.13 | 3.14 | 11.76 | |||
| NCMI | 1.59 | (0.03) | 0.00 | 0.10 | 0.00 | 3.50 | 14.85 | |||
| ECPG | 1.27 | (0.09) | 0.00 | (0.05) | 0.00 | 2.48 | 7.90 | |||
| AROW | 1.58 | (0.08) | 0.00 | (0.01) | 0.00 | 3.64 | 19.42 | |||
| PFLT | 0.64 | (0.09) | 0.00 | (0.42) | 0.00 | 0.91 | 4.93 | |||
| MCVT | 3.08 | (0.77) | 0.00 | (1.54) | 0.00 | 5.29 | 16.67 | |||
| RZSMF | 0.62 | 0.07 | 0.02 | (6.53) | 0.88 | 2.33 | 11.12 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in 532457CG1 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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