Tinybuild Correlations

Stocks . UK . 
Stock . Tinybuild
TBLD Stock   5.88  0.12  2.00%   
The current 90-days correlation between Tinybuild and Fiinu PLC is -0.03 (i.e., Good diversification). The correlation of Tinybuild 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.

Tinybuild Correlation With Market

Good diversification

The correlation between Tinybuild and DJI is -0.18 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Tinybuild and DJI in the same portfolio, assuming nothing else is changed.
  
The ability to find closely correlated positions to Tinybuild could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tinybuild 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 Tinybuild - 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 Tinybuild to buy it.

Moving together with Tinybuild Stock

  0.63BANK Fiinu PLCPairCorr
  0.8HDD Hardide PLCPairCorr
  0.790O2B Gruppo MutuiOnline SpAPairCorr
  0.84THX Thor ExplorationsPairCorr
  0.610RH1 Kinnevik InvestmentPairCorr
  0.82SMSD Samsung Electronics Earnings Call Next WeekPairCorr
  0.78EEE Empire Metals LimitedPairCorr
  0.850RP8 LiechtensteinischePairCorr
  0.8ANG Angling Direct PLCPairCorr
  0.78BIRG Bank of Ireland Earnings Call Next WeekPairCorr
  0.74JDG Judges Scientific PlcPairCorr
  0.81SCP Schroder UK MidPairCorr
  0.76S247 Smarttech247 Group PLCPairCorr
  0.7TFG Tetragon Financial Earnings Call Next WeekPairCorr
  0.640I9F Digital Realty Trust Earnings Call This WeekPairCorr
  0.780K7F Aurubis AGPairCorr
  0.83INSE Inspired PlcPairCorr
  0.8HSX HiscoxPairCorr
  0.840IKZ Freddie MacPairCorr
  0.86KAP National AtomicPairCorr

Moving against Tinybuild Stock

  0.57GSC GS Chain PLCPairCorr
  0.5680M 80 Mile PlcPairCorr
  0.42VRS Versarien PLCPairCorr
  0.550A0C Stadler Rail AGPairCorr

Related Correlations Analysis

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   
QBT
+ 0.71
BANK
HDD
+ 0.5
BANK
QBT
+ 0.44
HDD
VRS
+ 0.39
80M
VRS
+ 0.34
MLVN
MLVN
+ 0.24
80M
  
High negative correlations   
QBT
- 0.72
VRS
VRS
- 0.64
BANK
QBT
- 0.55
80M
QBT
- 0.4
MLVN
HDD
- 0.35
80M
MLVN
- 0.29
BANK

Risk-Adjusted Indicators

There is a big difference between Tinybuild Stock performing well and Tinybuild 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 Tinybuild'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.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Tinybuild 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 Aroon Oscillator Now

   

Aroon Oscillator

Analyze current equity momentum using Aroon Oscillator and other momentum ratios
All  Next Launch Module

Tinybuild Corporate Executives

Elected by the shareholders, the Tinybuild's board of directors comprises two types of representatives: Tinybuild inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Tinybuild. The board's role is to monitor Tinybuild's management team and ensure that shareholders' interests are well served. Tinybuild'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, Tinybuild's outside directors are responsible for providing unbiased perspectives on the board's policies.
Giasone SalatiHead CFOProfile
Luke BurtisCOO CoFounderProfile
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
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY