Creative Edge Correlations
FITX Stock | USD 0.00001 0.00 0.00% |
The correlation of Creative Edge 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.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Creative Edge Nutrit. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. 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
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Risk-Adjusted Indicators
There is a big difference between Creative Stock performing well and Creative Edge 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 Creative Edge'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 | ||
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SPBBF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
BHHKF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
CVGRF | 65.57 | 35.51 | 0.69 | (0.72) | 21.04 | 115.94 | 1,004 | |||
CRFTF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
EDXC | 7.91 | 0.03 | 0.00 | 0.16 | 9.89 | 20.37 | 87.91 | |||
EAPH | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
ERBB | 8.31 | 1.58 | 0.04 | (0.33) | 9.75 | 33.33 | 75.00 | |||
PHOT | 4.51 | 0.58 | 0.00 | 1.92 | 0.00 | 0.00 | 175.00 |
Creative Edge Corporate Management
Michael Thomas | VP | Profile | |
Joel Stohlman | Consultant Advisor | Profile | |
Dr MSM | Chief Research | Profile | |
Sam Alawieh | Chairman Officer | Profile |