Numinus Wellness Correlations
NUMI Stock | 0.05 0.00 0.00% |
A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Numinus Wellness moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Numinus Wellness moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
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The ability to find closely correlated positions to Numinus Wellness could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Numinus Wellness 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 Numinus Wellness - 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 Numinus Wellness to buy it.
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Our tools can tell you how much better you can do entering a position in Numinus Wellness 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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Numinus Wellness Corporate Management
Elected by the shareholders, the Numinus Wellness' board of directors comprises two types of representatives: Numinus Wellness inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Numinus. The board's role is to monitor Numinus Wellness' management team and ensure that shareholders' interests are well served. Numinus Wellness' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Numinus Wellness' outside directors are responsible for providing unbiased perspectives on the board's policies.
Payton Nyquvest | CEO CoFounder | Profile | |
Nikhil Handa | Chief Officer | Profile | |
Evan MD | Chief Officer | Profile | |
Julie Saunders | Chief Officer | Profile | |
Kelvin Yang | Interim Officer | Profile | |
Ian Noble | Chief Officer | Profile |