SDI Group Correlations

SDIIF Stock

USD 1.21 0.00 0.00%

The current 90-days correlation between SDI Group plc and Inter Action is 0.01 (i.e., Significant diversification). The correlation of SDI Group 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.

SDI Group Correlation With Market

Significant diversification

The correlation between SDI Group plc and DJI is 0.03 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding SDI Group plc and DJI in the same portfolio, assuming nothing else is changed.

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

Moving together with SDI Pink Sheet

0.63	GRMN	Garmin Earnings Call Tomorrow	Pair Corr
0.79	HXGBY	Hexagon AB ADR	Pair Corr
0.78	HXGBF	Hexagon AB	Pair Corr
0.67	KEYS	Keysight Technologies	Pair Corr
0.8	MRLWF	Marlowe Plc	Pair Corr
0.72	RYM	RYTHM, Inc Symbol Change	Pair Corr
0.82	NBIS	Nebius Group NV Aggressive Push	Pair Corr
0.77	SAXJY	Sa Sa International	Pair Corr
0.62	SFES	Safeguard Scientifics	Pair Corr
0.95	IVFZF	Invictus Financial	Pair Corr
0.78	DBX	Dropbox	Pair Corr
0.69	WAY	Waystar Holding Corp	Pair Corr
0.74	NGS	Natural Gas Services	Pair Corr

Moving against SDI Pink Sheet

0.59	GOOD	Gladstone Commercial Earnings Call This Week	Pair Corr
0.5	TRMB	Trimble	Pair Corr
0.45	MMSI	Merit Medical Systems	Pair Corr
0.32	SNBH	Sentient Brands Holdings	Pair Corr
0.31	IKTO	Itokk Inc	Pair Corr
0.67	SNVFF	Sonoro Energy	Pair Corr
0.49	WECFF	White Energy	Pair Corr

Related Correlations Analysis

	IACYF	ENMPF	ENMPY	ULPRF	ITMSF	APPEF	ADPXY	TDMMF	XTRAF	BGOPF
IACYF		0.0	-0.28	0.09	-0.28	-0.69	0.0	0.75	0.79	0.43	IACYF
ENMPF	0.0		0.0	0.0	0.0	0.0	1.0	0.0	0.0	0.0	ENMPF
ENMPY	-0.28	0.0		0.07	0.25	0.34	0.0	-0.41	-0.25	-0.65	ENMPY
ULPRF	0.09	0.0	0.07		0.07	0.12	0.0	-0.13	-0.05	-0.09	ULPRF
ITMSF	-0.28	0.0	0.25	0.07		0.26	0.0	-0.33	-0.45	-0.7	ITMSF
APPEF	-0.69	0.0	0.34	0.12	0.26		0.0	-0.92	-0.83	-0.53	APPEF
ADPXY	0.0	1.0	0.0	0.0	0.0	0.0		0.0	0.0	0.0	ADPXY
TDMMF	0.75	0.0	-0.41	-0.13	-0.33	-0.92	0.0		0.84	0.61	TDMMF
XTRAF	0.79	0.0	-0.25	-0.05	-0.45	-0.83	0.0	0.84		0.54	XTRAF
BGOPF	0.43	0.0	-0.65	-0.09	-0.7	-0.53	0.0	0.61	0.54		BGOPF
	IACYF	ENMPF	ENMPY	ULPRF	ITMSF	APPEF	ADPXY	TDMMF	XTRAF	BGOPF

Please upgrade your account to get full access to Macroaxis premium features

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

ADPXY	+ 1.0	ENMPF
XTRAF	+ 0.84	TDMMF
XTRAF	+ 0.79	IACYF
TDMMF	+ 0.75	IACYF
BGOPF	+ 0.61	TDMMF
BGOPF	+ 0.54	XTRAF

High negative correlations

TDMMF	- 0.92	APPEF
XTRAF	- 0.83	APPEF
BGOPF	- 0.7	ITMSF
APPEF	- 0.69	IACYF
BGOPF	- 0.65	ENMPY
BGOPF	- 0.53	APPEF

Risk-Adjusted Indicators

There is a big difference between SDI Pink Sheet performing well and SDI Group 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 SDI Group'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
IACYF	5.18	(2.39)	0.00	1.88	0.00	0.00	0.00	0.00	165.34
ENMPF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
ENMPY	2.29	(0.18)	0.00	(1.20)	0.00	0.00	6.52	(8.06)	40.36
ULPRF	26.90	13.90	0.00	(0.59)	0.00	0.00	0.00	0.00	990.00
ITMSF	2.37	(0.04)	0.00	(0.83)	0.00	0.00	5.48	(5.13)	16.73
APPEF	1.37	(0.33)	0.00	0.31	0.00	0.00	0.00	0.00	38.67
ADPXY	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
TDMMF	3.23	1.52	0.00	1.18	0.00	0.00	0.00	0.00	108.33
XTRAF	4.45	1.35	0.26	1.05	3.70	(6.72)	13.95	(6.12)	40.56
BGOPF	1.16	0.41	0.00	0.90	0.00	0.00	0.00	0.00	38.89

Be your own money manager

Our tools can tell you how much better you can do entering a position in SDI Group 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 Correlation Analysis Now

Correlation Analysis

Reduce portfolio risk simply by holding instruments which are not perfectly correlated

All Next

Launch Module

SDI Group Corporate Management

Peter Astle	Managing Systems	Profile
Jonathan Abell	Company Director	Profile
FCA BSc	CFO Director	Profile
MBA FCCA	CEO Director	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