Careview Comm Correlations

CRVW Stock

USD 0.02 0 17.65%

The current 90-days correlation between Careview Comm and Cavitation Techs is 0.07 (i.e., Significant diversification). The correlation of Careview Comm 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. If the correlation is 0, the equities are not correlated; they are entirely random.

Careview Comm Correlation With Market

Good diversification

The correlation between Careview Comm and DJI is -0.04 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Careview Comm and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to Careview Comm could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Careview Comm 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 Careview Comm - 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 Careview Comm to buy it.

Moving against Careview OTC Stock

0.72	TLK	Telkom Indonesia Tbk	Pair Corr
0.7	CWCO	Consolidated Water	Pair Corr
0.68	JPM	JPMorgan Chase	Pair Corr
0.66	BA	Boeing	Pair Corr
0.65	EML	Eastern	Pair Corr
0.56	PTAIY	Astra International Tbk	Pair Corr
0.5	PTAIF	PT Astra International	Pair Corr
0.48	BKRKF	PT Bank Rakyat Earnings Call This Week	Pair Corr
0.44	LTRY	Lottery, Common Stock	Pair Corr
0.37	BKRKY	Bank Rakyat Earnings Call This Week	Pair Corr
0.32	PPERY	Bank Mandiri Persero	Pair Corr
0.32	GITS	Global Interactive Symbol Change	Pair Corr
0.31	PPERF	Bank Mandiri Persero	Pair Corr
0.8	DIS	Walt Disney	Pair Corr
0.74	BAC	Bank of America	Pair Corr
0.73	MSFT	Microsoft	Pair Corr
0.72	CSCO	Cisco Systems	Pair Corr
0.72	AXP	American Express	Pair Corr
0.71	IBM	International Business Earnings Call This Week	Pair Corr
0.64	MMM	3M Company	Pair Corr
0.44	INTC	Intel Earnings Call This Week	Pair Corr
0.43	XOM	Exxon Mobil Corp	Pair Corr
0.4	T	ATT Inc Earnings Call This Week	Pair Corr

Related Correlations Analysis

	CCLD	PRVA	NUTX	SDGR	CVAT	CDXI	INIS	PBSV	GTHP
CCLD		-0.59	-0.3	-0.77	-0.33	0.0	0.0	0.54	0.82	CCLD
PRVA	-0.59		0.5	0.53	0.3	0.0	0.0	-0.73	-0.79	PRVA
NUTX	-0.3	0.5		-0.02	-0.04	0.0	0.0	-0.48	-0.45	NUTX
SDGR	-0.77	0.53	-0.02		0.31	0.0	0.0	-0.43	-0.71	SDGR
CVAT	-0.33	0.3	-0.04	0.31		0.0	0.0	-0.31	-0.39	CVAT
CDXI	0.0	0.0	0.0	0.0	0.0		0.0	0.0	0.0	CDXI
INIS	0.0	0.0	0.0	0.0	0.0	0.0		0.0	0.0	INIS
PBSV	0.54	-0.73	-0.48	-0.43	-0.31	0.0	0.0		0.75	PBSV
GTHP	0.82	-0.79	-0.45	-0.71	-0.39	0.0	0.0	0.75		GTHP
	CCLD	PRVA	NUTX	SDGR	CVAT	CDXI	INIS	PBSV	GTHP

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

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

GTHP	+ 0.82	CCLD
GTHP	+ 0.75	PBSV
PBSV	+ 0.54	CCLD
SDGR	+ 0.53	PRVA
NUTX	+ 0.5	PRVA
CVAT	+ 0.31	SDGR

High negative correlations

GTHP	- 0.79	PRVA
SDGR	- 0.77	CCLD
PBSV	- 0.73	PRVA
GTHP	- 0.71	SDGR
PRVA	- 0.59	CCLD
PBSV	- 0.48	NUTX

Risk-Adjusted Indicators

There is a big difference between Careview OTC Stock performing well and Careview Comm 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 Careview Comm'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
CCLD	3.73	0.86	0.20	0.96	3.45	(4.56)	8.51	(4.72)	34.44
PRVA	1.49	(0.44)	0.00	(0.27)	0.00	0.00	2.47	(3.03)	10.94
NUTX	4.78	0.02	(0.02)	(1.16)	6.90	(4.54)	9.42	(11.96)	42.16
SDGR	2.24	(0.39)	0.00	(0.32)	0.00	0.00	3.62	(6.17)	20.00
CVAT	13.02	2.46	0.06	(1.50)	13.28	(50.00)	50.00	(33.33)	83.33
CDXI	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
INIS	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
PBSV	4.81	0.72	0.05	(1.33)	5.17	(13.90)	17.65	(14.00)	52.46
GTHP	5.75	1.48	0.15	1.57	4.58	(13.47)	21.05	(10.00)	55.16

Be your own money manager

Our tools can tell you how much better you can do entering a position in Careview Comm 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 Fundamental Analysis Now

Fundamental Analysis

View fundamental data based on most recent published financial statements

All Next

Launch Module

Careview Comm Corporate Management

Elected by the shareholders, the Careview Comm's board of directors comprises two types of representatives: Careview Comm inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Careview. The board's role is to monitor Careview Comm's management team and ensure that shareholders' interests are well served. Careview Comm'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, Careview Comm's outside directors are responsible for providing unbiased perspectives on the board's policies.

Jason Thompson	Chief Officer	Profile
Kyle Johnson	Director Engineering	Profile
Brennan Howes	VP Devel	Profile
Sandra McRee	Chief Officer	Profile
Matthew Jackson	G Counsel	Profile

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2025 Macroaxis LLC