Big Screen Correlations
| BSEG Stock | USD 0.02 0 6.95% |
The current 90-days correlation between Big Screen Entertainment and Sycamore Entmt Grp is 0.12 (i.e., Average diversification). The correlation of Big Screen 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.
Big Screen Correlation With Market
Significant diversification
The correlation between Big Screen Entertainment and DJI is 0.06 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Big Screen Entertainment and DJI in the same portfolio, assuming nothing else is changed.
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The ability to find closely correlated positions to Big Screen could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Big Screen 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 Big Screen - 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 Big Screen Entertainment to buy it.
Moving against Big Pink Sheet
| 0.4 | WBD | Warner Bros Discovery | PairCorr |
| 0.35 | FOX | Fox Corp Class | PairCorr |
| 0.34 | BFLY | Butterfly Network | PairCorr |
| 0.32 | LUNR | Intuitive Machines Aggressive Push | PairCorr |
| 0.31 | NFLX | Netflix Fiscal Year End 28th of January 2025 | PairCorr |
| 0.31 | DIS | Walt Disney | PairCorr |
| 0.31 | PLTR | Palantir Technologies Aggressive Push | 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
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Risk-Adjusted Indicators
There is a big difference between Big Pink Sheet performing well and Big Screen 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 Big Screen'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SNMN | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| MLFB | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| SEGI | 10.94 | 1.87 | 0.11 | 31.63 | 11.75 | 28.57 | 70.63 | |||
| AMC | 2.30 | (0.24) | 0.00 | (0.14) | 0.00 | 4.68 | 15.85 | |||
| DIS | 0.97 | 0.26 | 0.24 | 0.48 | 0.68 | 2.34 | 8.05 | |||
| ROKU | 2.41 | 0.05 | 0.01 | 0.06 | 3.99 | 4.47 | 21.38 | |||
| PARA | 1.44 | 0.00 | 0.00 | 0.03 | 1.95 | 2.64 | 9.18 | |||
| WBD | 2.21 | 0.36 | 0.14 | 0.43 | 2.18 | 5.26 | 21.78 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Big Screen 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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Big Screen Corporate Management
| Stephen Eckelberry | CoChairperson | Profile | |
| Michael Manasseri | Consultant CoFounder | Profile | |
| Catherine Taylor | Pres Devel | Profile | |
| Kimberley Kates | CoChairperson Founder | Profile | |
| Sandro Monetti | Chief Officer | Profile | |
| Michael Gardiner | Pres Affairs | Profile |