AiXin Life Correlations

AIXN Stock

USD 0.02 0.00 0.00%

The current 90-days correlation between AiXin Life International and Arhaus Inc is -0.11 (i.e., Good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as AiXin Life moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AiXin Life International moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

AiXin Life Correlation With Market

Good diversification

The correlation between AiXin Life International and DJI is -0.09 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding AiXin Life International and DJI in the same portfolio, assuming nothing else is changed.

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

Moving against AiXin OTC Stock

0.49	KO	Coca Cola Fiscal Year End 11th of February 2025	Pair Corr
0.47	PG	Procter Gamble	Pair Corr
0.36	JNJ	Johnson Johnson Fiscal Year End 28th of January 2025	Pair Corr
0.33	VZ	Verizon Communications Sell-off Trend	Pair Corr

Related Correlations Analysis

	ARHS	FND	LIVE	CSCO	JNJ	JPM	WMT	TRV	KO
ARHS		0.76	0.78	-0.65	0.45	-0.56	-0.4	-0.58	0.68	ARHS
FND	0.76		0.46	-0.36	0.31	-0.47	-0.15	-0.43	0.6	FND
LIVE	0.78	0.46		-0.95	0.72	-0.79	-0.75	-0.83	0.83	LIVE
CSCO	-0.65	-0.36	-0.95		-0.8	0.87	0.84	0.86	-0.84	CSCO
JNJ	0.45	0.31	0.72	-0.8		-0.77	-0.76	-0.6	0.89	JNJ
JPM	-0.56	-0.47	-0.79	0.87	-0.77		0.84	0.83	-0.87	JPM
WMT	-0.4	-0.15	-0.75	0.84	-0.76	0.84		0.8	-0.77	WMT
TRV	-0.58	-0.43	-0.83	0.86	-0.6	0.83	0.8		-0.76	TRV
KO	0.68	0.6	0.83	-0.84	0.89	-0.87	-0.77	-0.76		KO
	ARHS	FND	LIVE	CSCO	JNJ	JPM	WMT	TRV	KO

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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

KO	+ 0.89	JNJ
JPM	+ 0.87	CSCO
TRV	+ 0.86	CSCO
WMT	+ 0.84	CSCO
WMT	+ 0.84	JPM
KO	+ 0.83	LIVE

High negative correlations

CSCO	- 0.95	LIVE
KO	- 0.87	JPM
KO	- 0.84	CSCO
TRV	- 0.83	LIVE
JNJ	- 0.8	CSCO
JPM	- 0.79	LIVE

Risk-Adjusted Indicators

There is a big difference between AiXin OTC Stock performing well and AiXin Life OTC Stock 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 AiXin Life'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
ARHS	2.46	(0.32)	0.00	(0.10)	0.00	0.00	6.36	(5.79)	19.97
FND	1.74	(0.02)	(0.04)	0.02	2.38	(1.81)	4.11	(3.94)	12.54
LIVE	2.60	(1.00)	0.00	(1.23)	0.00	0.00	5.98	(5.86)	16.34
CSCO	0.72	0.16	0.18	0.28	0.46	(0.83)	1.72	(1.14)	6.38
JNJ	0.61	(0.15)	0.00	(0.59)	0.00	0.00	1.40	(1.53)	3.25
JPM	1.13	(0.05)	0.03	0.08	1.42	(1.25)	2.05	(2.00)	15.87
WMT	0.82	0.28	0.18	3.60	0.71	(0.96)	1.90	(1.27)	4.33
TRV	1.12	0.11	0.08	0.21	1.18	(1.34)	1.93	(2.17)	11.31
KO	0.66	(0.20)	0.00	(1.68)	0.00	0.00	1.10	(1.66)	4.00

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Our tools can tell you how much better you can do entering a position in AiXin Life 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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