Zimtu Capital Correlations
| ZCT1 Stock | EUR 0.08 0.00 0.00% |
The current 90-days correlation between Zimtu Capital Corp and Ameriprise Financial is -0.09 (i.e., Good diversification). The correlation of Zimtu Capital 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.
Zimtu Capital Correlation With Market
Good diversification
The correlation between Zimtu Capital Corp and DJI is -0.05 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Zimtu Capital Corp and DJI in the same portfolio, assuming nothing else is changed.
Zimtu |
The ability to find closely correlated positions to Zimtu Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Zimtu Capital 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 Zimtu Capital - 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 Zimtu Capital Corp to buy it.
Moving against Zimtu Stock
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| 0.38 | PKX | POSCO Holdings | PairCorr |
| 0.33 | C6TB | CHINA BANK ADR20 | PairCorr |
| 0.54 | JOT | ELEKTROBIT | PairCorr |
| 0.34 | ICK | Industrial and Commercial | PairCorr |
| 0.34 | ICKB | INDCOMMBK CHINA ADR20 | PairCorr |
| 0.31 | FA2 | FORWARD AIR P | PairCorr |
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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Zimtu Stock performing well and Zimtu Capital 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 Zimtu Capital'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| A4S | 1.10 | 0.16 | 0.02 | (13.83) | 1.12 | 2.95 | 8.58 | |||
| 0QN | 1.52 | 0.41 | 0.16 | 3.62 | 1.47 | 2.72 | 10.01 | |||
| 94P | 1.26 | 0.14 | 0.02 | 0.55 | 1.45 | 3.01 | 10.45 | |||
| 2DG | 3.52 | 0.36 | 0.08 | 0.51 | 3.07 | 9.68 | 20.87 | |||
| IUI1 | 1.24 | 0.01 | (0.05) | 0.16 | 1.67 | 2.92 | 9.48 | |||
| 6HW | 0.64 | 0.14 | 0.01 | 3.49 | 0.60 | 2.46 | 5.60 | |||
| CZX | 0.58 | 0.17 | 0.04 | (7.17) | 0.30 | 1.69 | 4.92 | |||
| RS6 | 1.12 | 0.23 | 0.08 | 3.17 | 1.03 | 2.81 | 7.01 | |||
| 3RKU | 1.73 | 0.55 | 0.19 | (16.29) | 1.62 | 4.11 | 11.00 | |||
| VUSA | 0.81 | 0.19 | 0.06 | (144.91) | 0.79 | 2.65 | 6.39 |
Zimtu Capital Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Zimtu Capital stock to make a market-neutral strategy. Peer analysis of Zimtu Capital could also be used in its relative valuation, which is a method of valuing Zimtu Capital by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Zimtu Capital Corporate Management
Elected by the shareholders, the Zimtu Capital's board of directors comprises two types of representatives: Zimtu Capital inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Zimtu. The board's role is to monitor Zimtu Capital's management team and ensure that shareholders' interests are well served. Zimtu Capital'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, Zimtu Capital's outside directors are responsible for providing unbiased perspectives on the board's policies.
| David Hodge | Pres CEO | Profile | |
| CPA CGA | Chief Officer | Profile | |
| Colton Griffith | Marketing Mang | Profile | |
| Gabriel Moreno | Investor Specialist | Profile |