Fobi AI Correlations
| FOBIF Stock | USD 0.01 0 50.00% |
The current 90-days correlation between Fobi AI and Skkynet Cloud Systems is -0.02 (i.e., Good diversification). The correlation of Fobi AI 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.
Fobi AI Correlation With Market
Average diversification
The correlation between Fobi AI and DJI is 0.11 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Fobi AI and DJI in the same portfolio, assuming nothing else is changed.
Fobi |
The ability to find closely correlated positions to Fobi AI could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fobi AI 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 Fobi AI - 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 Fobi AI to buy it.
Moving together with Fobi OTC Stock
| 0.69 | BKRKF | PT Bank Rakyat | PairCorr |
| 0.92 | BKRKY | Bank Rakyat | PairCorr |
| 0.89 | TLK | Telkom Indonesia Tbk | PairCorr |
| 0.72 | PTAIY | Astra International Tbk | PairCorr |
| 0.89 | PPERF | Bank Mandiri Persero | PairCorr |
| 0.91 | PPERY | Bank Mandiri Persero | PairCorr |
| 0.86 | PBCRY | Bank Central Asia | PairCorr |
Moving against Fobi OTC Stock
| 0.92 | PLTR | Palantir Technologies Aggressive Push | PairCorr |
| 0.92 | SQ | Block Inc | PairCorr |
| 0.91 | CRWD | Crowdstrike Holdings | PairCorr |
| 0.82 | VMW | VMware Inc | PairCorr |
| 0.67 | ORCL | Oracle | PairCorr |
| 0.55 | PTAIF | PT Astra International | PairCorr |
| 0.5 | SSNLF | Samsung Electronics | PairCorr |
| 0.46 | SNPS | Synopsys | PairCorr |
| 0.33 | MSFT | Microsoft Sell-off Trend | PairCorr |
| 0.94 | MAR | Marriott International | PairCorr |
| 0.92 | BAC | Bank of America Fiscal Year End 10th of January 2025 | PairCorr |
| 0.91 | KKR | KKR Co LP | PairCorr |
| 0.9 | BSIG | Brightsphere Investment | PairCorr |
| 0.9 | YPF | YPF Sociedad Anonima | PairCorr |
| 0.9 | BMY | Bristol Myers Squibb Aggressive Push | PairCorr |
| 0.87 | SAPMF | Saipem SpA | PairCorr |
| 0.82 | NBIX | Neurocrine Biosciences | PairCorr |
| 0.82 | VULNF | Vulcan Energy Resources | PairCorr |
| 0.77 | RCMT | RCM Technologies | PairCorr |
| 0.71 | OBYCF | Obayashi | PairCorr |
| 0.67 | BKV | BKV Corporation | PairCorr |
| 0.48 | M | Macys Inc | PairCorr |
| 0.92 | GIFI | Gulf Island Fabrication | PairCorr |
| 0.91 | SMLR | Semler Scientific | PairCorr |
| 0.88 | FBMS | First Bancshares, Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.82 | CNOBP | ConnectOne Bancorp | 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 Fobi OTC Stock performing well and Fobi AI 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 Fobi AI'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SKKY | 8.12 | 1.44 | 0.09 | 6.78 | 8.86 | 28.21 | 103.78 | |||
| TONR | 8.91 | 1.03 | 0.03 | (0.75) | 11.44 | 50.00 | 83.33 | |||
| ZENV | 3.46 | 0.31 | 0.07 | 0.27 | 3.78 | 8.94 | 22.26 | |||
| STTTF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| BCAN | 0.79 | (0.03) | 0.00 | (0.33) | 0.00 | 2.37 | 6.48 | |||
| PLYZ | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| DTSS | 3.80 | 0.16 | 0.02 | (0.27) | 5.07 | 8.48 | 35.05 | |||
| AUID | 4.55 | 0.08 | 0.02 | 0.07 | 5.06 | 9.98 | 30.54 | |||
| TGCB | 10.17 | 1.40 | 0.07 | (0.61) | 11.05 | 37.50 | 132.92 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Fobi AI 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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Fobi AI Corporate Management
Elected by the shareholders, the Fobi AI's board of directors comprises two types of representatives: Fobi AI inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Fobi. The board's role is to monitor Fobi AI's management team and ensure that shareholders' interests are well served. Fobi AI'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, Fobi AI's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Casey MatsonDeKay | Chief Officer | Profile | |
| BHK MBA | Co Sec | Profile | |
| Gavin Lee | Chief Officer | Profile | |
| Soy Garipoglu | Investor Mang | Profile | |
| Jon Haydock | Chief Officer | Profile | |
| Robert Anson | President, Founder | Profile | |
| CA CA | Chief Officer | Profile |