International Consolidated Correlations
| INCC Stock | USD 0.02 0.01 51.25% |
The current 90-days correlation between International Consolidated and Cintas is -0.02 (i.e., Good diversification). The correlation of International Consolidated 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.
International Consolidated Correlation With Market
Good diversification
The correlation between International Consolidated Com and DJI is -0.07 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding International Consolidated Com and DJI in the same portfolio, assuming nothing else is changed.
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The ability to find closely correlated positions to International Consolidated could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace International Consolidated 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 International Consolidated - 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 International Consolidated Companies to buy it.
Moving against International Pink Sheet
| 0.61 | RBA | RB Global | PairCorr |
| 0.54 | GPN | Global Payments | PairCorr |
| 0.52 | RKLIF | Rentokil Initial plc | PairCorr |
| 0.32 | CTAS | Cintas | PairCorr |
| 0.66 | RELY | Remitly Global Tech Boost | PairCorr |
| 0.65 | SAPMF | Saipem SpA | PairCorr |
| 0.64 | DASH | DoorDash, Class A | PairCorr |
| 0.63 | SMLR | Semler Scientific | PairCorr |
| 0.61 | SUM | Summit Materials | PairCorr |
| 0.61 | ZWS | Zurn Elkay Water | PairCorr |
| 0.58 | YPF | YPF Sociedad Anonima | PairCorr |
| 0.58 | BAC | Bank of America Fiscal Year End 10th of January 2025 | PairCorr |
| 0.56 | ESGLW | ESGL Holdings Limited | PairCorr |
| 0.55 | FBMS | First Bancshares, Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.49 | CNOBP | ConnectOne Bancorp | PairCorr |
| 0.6 | MAR | Marriott International | PairCorr |
| 0.59 | NTRA | Natera Inc | PairCorr |
| 0.53 | BSIG | Brightsphere Investment | PairCorr |
| 0.53 | VULNF | Vulcan Energy Resources | PairCorr |
| 0.51 | RCMT | RCM Technologies | PairCorr |
| 0.46 | DYAI | Dyadic International | 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 International Pink Sheet performing well and International Consolidated 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 International Consolidated'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CTAS | 1.10 | (0.14) | 0.00 | (0.12) | 0.00 | 1.74 | 14.41 | |||
| TRI | 0.73 | (0.07) | 0.00 | (1.11) | 0.00 | 1.34 | 6.56 | |||
| GPN | 1.43 | (0.03) | (0.01) | 0.00 | 2.16 | 3.43 | 10.39 | |||
| WTKWY | 1.03 | (0.07) | 0.00 | (0.17) | 0.00 | 2.05 | 7.72 | |||
| TLPFF | 1.68 | (0.42) | 0.00 | (0.91) | 0.00 | 2.63 | 19.74 | |||
| RBA | 1.04 | 0.07 | 0.06 | 0.12 | 1.08 | 2.59 | 9.37 | |||
| TLPFY | 1.88 | (0.41) | 0.00 | (29.11) | 0.00 | 2.91 | 16.09 | |||
| RKLIF | 1.46 | 0.09 | 0.01 | (0.12) | 2.46 | 6.67 | 17.87 | |||
| SDXAY | 1.14 | (0.13) | 0.00 | (0.76) | 0.00 | 2.13 | 10.65 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in International Consolidated 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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International Consolidated Corporate Management
| Lisa Weiss | Director | Profile | |
| Stuart Discount | President of 121 Direct Response | Profile | |
| Mrs Silva | VP Opearations | Profile | |
| Nelson Martin | Vice-President of Investor Relations | Profile |