Athene Holding Correlations

Pink Sheets USA . 
Stock . Athene Holding
The correlation of Athene Holding 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.
  
The ability to find closely correlated positions to Athene Holding could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Athene Holding 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 Athene Holding - 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 Athene Holding to buy it.

Moving together with Athene Pink Sheet

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Moving against Athene Pink Sheet

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  0.56SBFFY SBM Offshore NVPairCorr
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  0.58V6703DAC8 BHARTI 75PairCorr
  0.43207597DV4 CONNECTICUT LT PWRPairCorr

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   
SYPR
+ 0.86
INVZ
WPRT
+ 0.64
SYPR
WPRT
+ 0.58
INVZ
WPRT
+ 0.39
KNDI
  
High negative correlations   
AEVA
- 0.74
WPRT
AEVA
- 0.55
KNDI
KNDI
- 0.32
SYPR
AEVA
- 0.32
INVZ
AEVA
- 0.31
SYPR
KNDI
- 0.3
INVZ

Risk-Adjusted Indicators

There is a big difference between Athene Pink Sheet performing well and Athene Holding 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 Athene Holding'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.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Athene Holding 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.

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Athene Holding Corporate Management

Franklin LewS CFOProfile
Steve PEngChief VentureProfile
Paul WoodwardCEO PresProfile
Taylor ProcykChief OfficerProfile
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