Tax-loss harvesting using correlated positions
Related Correlations Analysis
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
A stock can outperform for short periods even when underlying business quality is not improving. Risk-adjusted indicators help separate headline returns from durable competitive strength. These indicators are quantitative in nature and help investors evaluate volatility and risk-adjusted expected returns across different positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| META | 1.51 | -0.05 | 0.00 | -0.12 | 0.00 | 2.33 | 14.24 | |||
| MSFT | 1.27 | -0.28 | 0.00 | -0.62 | 0.00 | 2.19 | 13.28 | |||
| UBER | 1.52 | -0.06 | 0.00 | -0.18 | 0.00 | 3.18 | 11.09 | |||
| F | 1.37 | -0.13 | 0.00 | -0.18 | 0.00 | 3.61 | 10.01 | |||
| T | 1.13 | 0.28 | 0.24 | -1.68 | 1.12 | 3.87 | 8.53 | |||
| A | 1.22 | -0.26 | 0.00 | -0.33 | 0.00 | 2.48 | 7.20 | |||
| CRM | 1.78 | -0.34 | 0.00 | -0.63 | 0.00 | 3.41 | 9.78 | |||
| JPM | 1.11 | -0.03 | 0.00 | -0.09 | 0.00 | 2.02 | 8.17 | |||
| MRK | 1.11 | 0.29 | 0.24 | 0.54 | 1.15 | 2.54 | 7.29 | |||
| XOM | 1.27 | 0.53 | 0.40 | 18.70 | 1.04 | 2.90 | 6.83 |
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Balance Of PowerCheck stock momentum by analyzing Balance Of Power indicator and other technical ratios |
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