Seeing Machines Correlations

SEE Stock   2.88  0.08  2.86%   
The current 90-days correlation between Seeing Machines and Iron Mountain is -0.07 (i.e., Good diversification). The correlation of Seeing Machines 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.

Seeing Machines Correlation With Market

Good diversification

The correlation between Seeing Machines Limited and DJI is -0.11 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Seeing Machines Limited and DJI in the same portfolio, assuming nothing else is changed.
  
The ability to find closely correlated positions to Seeing Machines could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Seeing Machines 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 Seeing Machines - 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 Seeing Machines Limited to buy it.

Moving together with Seeing Stock

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Related Correlations Analysis

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Risk-Adjusted Indicators

There is a big difference between Seeing Stock performing well and Seeing Machines 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 Seeing Machines' 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 Seeing Machines 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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Seeing Machines Corporate Management

Elected by the shareholders, the Seeing Machines' board of directors comprises two types of representatives: Seeing Machines inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Seeing. The board's role is to monitor Seeing Machines' management team and ensure that shareholders' interests are well served. Seeing Machines' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Seeing Machines' outside directors are responsible for providing unbiased perspectives on the board's policies.
Gopal KrishnaHead OperationsProfile
Nicholas DiFioreSenior AutomotiveProfile
Michael GolembiewskiChief OfficerProfile
Susan DallistonGeneral SecretaryProfile
Kimberly FarrandSr OperationsProfile
Anthony BorgoSenior OperationsProfile