Banka BioLoo Correlations
| BANKA Stock | 101.35 1.44 1.40% |
The current 90-days correlation between Banka BioLoo Limited and The State Trading is 0.38 (i.e., Weak diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Banka BioLoo moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Banka BioLoo Limited moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Banka BioLoo Correlation With Market
Average diversification
The correlation between Banka BioLoo Limited and DJI is 0.17 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Banka BioLoo Limited and DJI in the same portfolio, assuming nothing else is changed.
Banka |
The ability to find closely correlated positions to Banka BioLoo could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Banka BioLoo 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 Banka BioLoo - 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 Banka BioLoo Limited to buy it.
Moving against Banka Stock
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| 0.48 | COSMOFIRST | COSMO FIRST LIMITED | PairCorr |
| 0.48 | MANGCHEFER | Mangalore Chemicals | PairCorr |
| 0.48 | DELTAMAGNT | Delta Manufacturing | PairCorr |
| 0.38 | INFY | Infosys Limited | PairCorr |
| 0.38 | WIPRO | Wipro Limited Split | PairCorr |
| 0.38 | ICICIBANK | ICICI Bank Limited | PairCorr |
| 0.38 | STEELCAS | Steelcast Limited | PairCorr |
| 0.35 | AGARIND | Agarwal Industrial | PairCorr |
| 0.35 | INDRAMEDCO | Indraprastha Medical | PairCorr |
| 0.65 | FORTIS | Fortis Healthcare | PairCorr |
| 0.6 | SASKEN | Sasken Technologies | PairCorr |
| 0.58 | SUMMITSEC | Summit Securities | PairCorr |
| 0.56 | MCLEODRUSS | Mcleod Russel India | PairCorr |
| 0.52 | BAJAJHCARE | Bajaj Healthcare | PairCorr |
| 0.5 | CAPACITE | Capacite Infraprojects | PairCorr |
| 0.5 | KREBSBIO | Krebs Biochemicals and | PairCorr |
| 0.47 | KSL | Kalyani Steels | PairCorr |
| 0.46 | GANESHHOUC | Ganesh Housing | PairCorr |
| 0.44 | RAINBOW | Rainbow Childrens | PairCorr |
| 0.43 | ASALCBR | Associated Alcohols | PairCorr |
Related Correlations Analysis
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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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Banka Stock performing well and Banka BioLoo 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 Banka BioLoo'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| STCINDIA | 2.35 | (0.20) | 0.00 | (0.52) | 0.00 | 6.61 | 24.80 | |||
| WELINV | 2.01 | (0.10) | 0.00 | (0.11) | 0.00 | 5.06 | 16.90 | |||
| SAIL | 1.65 | (0.18) | 0.00 | (1.44) | 0.00 | 3.24 | 8.70 | |||
| CLEAN | 1.49 | (0.10) | 0.00 | (4.81) | 0.00 | 2.95 | 10.48 | |||
| VSSL | 1.28 | (0.25) | 0.00 | (1.75) | 0.00 | 2.23 | 11.05 | |||
| RAMASTEEL | 2.09 | (0.39) | 0.00 | (0.63) | 0.00 | 4.30 | 15.81 | |||
| PILANIINVS | 2.61 | 0.13 | 0.04 | (0.61) | 2.59 | 6.91 | 28.15 | |||
| MANAKSTEEL | 1.72 | (0.14) | 0.00 | (0.24) | 0.00 | 3.97 | 14.50 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Banka BioLoo 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?
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Banka BioLoo Corporate Management
Elected by the shareholders, the Banka BioLoo's board of directors comprises two types of representatives: Banka BioLoo inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Banka. The board's role is to monitor Banka BioLoo's management team and ensure that shareholders' interests are well served. Banka BioLoo'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, Banka BioLoo's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Yanamandra Aditya | Company Officer | Profile | |
| Vineet Murarka | Assistant Operations | Profile | |
| Lakkimsetty Padmanabham | Chief Officer | Profile | |
| Archana Arigela | Company Officer | Profile | |
| Sravan Danagoni | Chief Accounts | Profile | |
| Nitika Lakhotia | Company Officer | Profile |