Aimia Pref Correlations
| AIM-PC Preferred Stock | CAD 20.00 0.00 0.00% |
The current 90-days correlation between Aimia Pref C and Aimia Inc is 0.12 (i.e., Average diversification). The correlation of Aimia Pref 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.
Aimia Pref Correlation With Market
Significant diversification
The correlation between Aimia Pref C and DJI is 0.05 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Aimia Pref C and DJI in the same portfolio, assuming nothing else is changed.
Aimia |
The ability to find closely correlated positions to Aimia Pref could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aimia Pref 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 Aimia Pref - 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 Aimia Pref C to buy it.
Moving together with Aimia Preferred Stock
| 0.95 | AIM-PA | Aimia Srs 1 | PairCorr |
| 0.82 | AMZN | Amazon CDR | PairCorr |
| 0.82 | AMZN | Amazon CDR | PairCorr |
| 0.73 | UPS | UPS CDR Earnings Call This Week | PairCorr |
| 0.88 | SBUX | Starbucks CDR Earnings Call This Week | PairCorr |
Moving against Aimia Preferred Stock
| 0.89 | BRK | Berkshire Hathaway CDR | PairCorr |
| 0.89 | BRK | Berkshire Hathaway CDR | PairCorr |
| 0.56 | UNH | UnitedHealth Group CDR | PairCorr |
Related Correlations Analysis
| 0.59 | 0.83 | 0.81 | 0.79 | AIMFF | ||
| 0.59 | 0.9 | 0.79 | 0.42 | AIM-PA | ||
| 0.83 | 0.9 | 0.89 | 0.63 | ALLFG | ||
| 0.81 | 0.79 | 0.89 | 0.74 | CF-PC | ||
| 0.79 | 0.42 | 0.63 | 0.74 | GEG | ||
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between Aimia Preferred Stock performing well and Aimia Pref 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 Aimia Pref'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| AIMFF | 1.26 | 0.26 | 0.07 | (5.78) | 1.23 | 3.85 | 9.80 | |||
| AIM-PA | 0.74 | 0.22 | 0.05 | 1.05 | 0.60 | 2.29 | 13.57 | |||
| ALLFG | 1.17 | 0.76 | 0.44 | (1.83) | 0.57 | 3.15 | 6.89 | |||
| CF-PC | 0.49 | 0.15 | 0.01 | (2.40) | 0.32 | 1.18 | 4.58 | |||
| GEG | 1.34 | 0.20 | 0.03 | 4.86 | 1.57 | 2.96 | 9.09 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Aimia Pref 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?
Run Piotroski F Score Now
Piotroski F ScoreGet Piotroski F Score based on the binary analysis strategy of nine different fundamentals |
| All Next | Launch Module |
Aimia Pref Corporate Management
Elected by the shareholders, the Aimia Pref's board of directors comprises two types of representatives: Aimia Pref inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Aimia. The board's role is to monitor Aimia Pref's management team and ensure that shareholders' interests are well served. Aimia Pref'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, Aimia Pref's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Philip Mittleman | CEO Director | Profile | |
| Eric Blondeau | Chief Sec | Profile | |
| Steven Leonard | Chief Officer | Profile | |
| Michael Lehmann | Pres Director | Profile | |
| Tom Tran | Director Relations | Profile | |
| Evan Newman | LLC Management | Profile |