International Stem Correlations

ISCO Stock

USD 0.10 0.01 9.09%

The current 90-days correlation between International Stem Cell and Mesabi Trust is -0.26 (i.e., Very good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as International Stem moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if International Stem Cell moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

International Stem Correlation With Market

Average diversification

The correlation between International Stem Cell and DJI is 0.18 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding International Stem Cell and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to International Stem 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 Stem 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 Stem - 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 Stem Cell to buy it.

Moving against International OTC Stock

0.45	PPERF	Bank Mandiri Persero	Pair Corr
0.45	PBCRY	Bank Central Asia	Pair Corr
0.44	BKRKY	Bank Rakyat	Pair Corr
0.42	PPERY	Bank Mandiri Persero	Pair Corr
0.4	MEDS	Trxade Group Symbol Change	Pair Corr
0.38	PTBRY	Bank Negara Indonesia	Pair Corr
0.35	PBCRF	PT Bank Central	Pair Corr
0.35	SHG	Shinhan Financial	Pair Corr
0.32	251566AA3	DT 3625 21	Pair Corr

Related Correlations Analysis

	MSB	NTNX	GTOR	AQUI	MSTSX	LBHIX	VIASP	RRTLX	OSHDF	70082LAB3
MSB		0.54	0.55	-0.3	-0.38	0.1	0.87	-0.16	0.71	0.78	MSB
NTNX	0.54		0.08	0.05	-0.01	0.27	0.48	0.12	0.2	0.71	NTNX
GTOR	0.55	0.08		-0.15	-0.27	0.07	0.6	-0.11	0.59	0.29	GTOR
AQUI	-0.3	0.05	-0.15		0.79	0.37	-0.37	0.63	-0.55	-0.11	AQUI
MSTSX	-0.38	-0.01	-0.27	0.79		0.59	-0.57	0.88	-0.74	-0.23	MSTSX
LBHIX	0.1	0.27	0.07	0.37	0.59		0.05	0.76	-0.2	0.22	LBHIX
VIASP	0.87	0.48	0.6	-0.37	-0.57	0.05		-0.32	0.86	0.72	VIASP
RRTLX	-0.16	0.12	-0.11	0.63	0.88	0.76	-0.32		-0.57	-0.04	RRTLX
OSHDF	0.71	0.2	0.59	-0.55	-0.74	-0.2	0.86	-0.57		0.45	OSHDF
70082LAB3	0.78	0.71	0.29	-0.11	-0.23	0.22	0.72	-0.04	0.45		70082LAB3
	MSB	NTNX	GTOR	AQUI	MSTSX	LBHIX	VIASP	RRTLX	OSHDF	70082LAB3

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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

RRTLX	+ 0.88	MSTSX
VIASP	+ 0.87	MSB
OSHDF	+ 0.86	VIASP
MSTSX	+ 0.79	AQUI
70082LAB3	+ 0.78	MSB
RRTLX	+ 0.76	LBHIX

High negative correlations

OSHDF	- 0.74	MSTSX
OSHDF	- 0.57	RRTLX
VIASP	- 0.57	MSTSX
OSHDF	- 0.55	AQUI
MSTSX	- 0.38	MSB
VIASP	- 0.37	AQUI

Risk-Adjusted Indicators

There is a big difference between International OTC Stock performing well and International Stem 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 International Stem'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
MSB	1.71	0.35	0.14	24.29	1.89	(1.92)	3.94	(3.17)	15.70
NTNX	1.79	0.08	0.02	0.25	2.15	(2.21)	3.95	(3.94)	13.29
GTOR	5.97	1.59	0.00	(0.79)	0.00	0.00	0.00	0.00	150.00
AQUI	2.79	(1.43)	0.00	(11.74)	0.00	0.00	0.00	0.00	93.33
MSTSX	0.55	(0.13)	0.00	(0.85)	0.00	0.00	1.03	(1.02)	7.08
LBHIX	0.11	(0.02)	0.00	(1.10)	0.00	0.00	0.24	(0.24)	0.94
VIASP	0.76	0.15	0.08	(0.97)	1.03	(0.87)	2.00	(1.20)	4.90
RRTLX	0.28	(0.07)	0.00	4.18	0.00	0.00	0.40	(0.56)	3.47
OSHDF	46.68	24.81	0.00	(1.39)	0.00	0.00	0.00	0.00	1,329
70082LAB3	0.67	0.10	0.06	0.80	0.81	(0.84)	1.78	(0.78)	6.86

Be your own money manager

Our tools can tell you how much better you can do entering a position in International Stem 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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