VALORA HLDG Correlations
The correlation of VALORA HLDG 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.
VALORA |
The ability to find closely correlated positions to VALORA HLDG could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace VALORA HLDG 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 VALORA HLDG - 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 VALORA HLDG OPEN to buy it.
Related Correlations Analysis
| 0.63 | 0.43 | 0.76 | 0.74 | 0.24 | SREA | ||
| 0.63 | 0.39 | 0.64 | 0.4 | 0.49 | PSCF | ||
| 0.43 | 0.39 | 0.47 | 0.1 | 0.57 | SFPF | ||
| 0.76 | 0.64 | 0.47 | 0.74 | 0.48 | BALSP | ||
| 0.74 | 0.4 | 0.1 | 0.74 | 0.01 | HOSP | ||
| 0.24 | 0.49 | 0.57 | 0.48 | 0.01 | SREF | ||
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Risk-Adjusted Indicators
There is a big difference between VALORA Fund performing well and VALORA HLDG Fund 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 VALORA HLDG'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SREA | 0.86 | 0.12 | 0.06 | (0.28) | 0.85 | 2.13 | 6.28 | |||
| PSCF | 0.71 | 0.08 | 0.04 | (1.31) | 0.70 | 1.61 | 3.87 | |||
| SFPF | 0.67 | 0.07 | 0.03 | (0.39) | 0.65 | 1.21 | 3.55 | |||
| BALSP | 0.51 | 0.16 | 0.13 | (0.64) | 0.39 | 1.20 | 4.04 | |||
| HOSP | 0.94 | 0.40 | 0.36 | 2.94 | 0.21 | 2.43 | 13.14 | |||
| SREF | 0.67 | 0.10 | 0.04 | 1.53 | 0.99 | 1.27 | 5.18 |
VALORA HLDG 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 VALORA HLDG fund to make a market-neutral strategy. Peer analysis of VALORA HLDG could also be used in its relative valuation, which is a method of valuing VALORA HLDG by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Still Interested in VALORA HLDG OPEN?
Investing in delisted delisted funds can be risky, as the fund 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.