Network Media Correlations
| NETWF Stock | USD 0.08 0.01 19.58% |
The correlation of Network Media 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.
Network Media Correlation With Market
Excellent diversification
The correlation between Network Media Group and DJI is -0.56 (i.e., Excellent diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Network Media Group and DJI in the same portfolio, assuming nothing else is changed.
Network |
The ability to find closely correlated positions to Network Media could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Network Media 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 Network Media - 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 Network Media Group to buy it.
Moving together with Network OTC Stock
Moving against Network OTC Stock
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| 0.65 | PPERY | Bank Mandiri Persero Earnings Call Next Week | PairCorr |
| 0.62 | FOX | Fox Corp Class Earnings Call This Week | PairCorr |
| 0.53 | DIS | Walt Disney Earnings Call This Week | PairCorr |
| 0.44 | TLKMF | Telkom Indonesia Tbk | PairCorr |
| 0.42 | PTAIY | Astra International Tbk Downward Rally | PairCorr |
| 0.73 | EGTIF | eGuarantee | PairCorr |
| 0.63 | SAIC | Science Applications | PairCorr |
| 0.62 | JCAP | Jefferson Capital Common | PairCorr |
| 0.62 | VASO | Vaso Corp | PairCorr |
| 0.51 | BIOA | BioAge Labs | PairCorr |
| 0.47 | HL | Hecla Mining | PairCorr |
| 0.38 | HYMC | Hycroft Mining Holding Trending | PairCorr |
| 0.37 | F | Ford Motor Earnings Call This Week | PairCorr |
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
There is a big difference between Network OTC Stock performing well and Network Media OTC Stock 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 Network Media'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| HDUP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| BSEG | 9.28 | 1.70 | 0.00 | 0.25 | 0.00 | 0.00 | 150.00 | |||
| FMHS | 14.50 | 2.85 | 0.08 | (22.49) | 14.69 | 80.00 | 196.15 | |||
| LEBGF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| UMGP | 9.76 | (0.31) | 0.00 | (0.01) | 0.00 | 38.24 | 95.47 | |||
| MRPT | 1.41 | (0.71) | 0.00 | (2.32) | 0.00 | 0.00 | 45.66 | |||
| SEGI | 11.34 | 1.10 | 0.04 | (0.41) | 11.72 | 33.33 | 58.33 | |||
| SEEK | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| AFOM | 3.22 | (1.38) | 0.00 | 0.39 | 0.00 | 0.00 | 0.00 | |||
| CMGR | 63.64 | 27.31 | 0.00 | 0.87 | 0.00 | 0.00 | 1,100 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Network Media 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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Network Media Corporate Management
Elected by the shareholders, the Network Media's board of directors comprises two types of representatives: Network Media inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Network. The board's role is to monitor Network Media's management team and ensure that shareholders' interests are well served. Network Media's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Network Media's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Michael Wills | Dev Mang | Profile | |
| Brian Gersh | Pres Producer | Profile | |
| Gemma Strongman | Head Exec | Profile | |
| Bianca Cervantes | Head Archival | Profile | |
| Kent Wingerak | Sr Affairs | Profile | |
| Trevor Treweeke | Director Markets | Profile | |
| Julie Nunes | Head Production | Profile |