LQwD FinTech Correlations

LQWD Stock   1.50  0.03  2.04%   
The current 90-days correlation between LQwD FinTech Corp and Cathedra Bitcoin is 0.23 (i.e., Modest diversification). The correlation of LQwD FinTech 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. If the correlation is 0, the equities are not correlated; they are entirely random.

LQwD FinTech Correlation With Market

Good diversification

The correlation between LQwD FinTech Corp and DJI is -0.17 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding LQwD FinTech Corp and DJI in the same portfolio, assuming nothing else is changed.
  
The ability to find closely correlated positions to LQwD FinTech could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace LQwD FinTech 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 LQwD FinTech - 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 LQwD FinTech Corp to buy it.

Moving together with LQwD Stock

  0.75WMT Walmart Inc CDRPairCorr
  0.83AMZN Amazon CDRPairCorr
  0.82GOOG Alphabet CDRPairCorr

Moving against LQwD Stock

  0.38CVS CVS HEALTH CDRPairCorr

Related Correlations Analysis

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Be your own money manager

Our tools can tell you how much better you can do entering a position in LQwD FinTech 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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LQwD FinTech Corporate Management

Elected by the shareholders, the LQwD FinTech's board of directors comprises two types of representatives: LQwD FinTech inside directors who are chosen from within the company, and outside directors, selected externally and held independent of LQwD. The board's role is to monitor LQwD FinTech's management team and ensure that shareholders' interests are well served. LQwD FinTech'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, LQwD FinTech's outside directors are responsible for providing unbiased perspectives on the board's policies.
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Aziz PulatovChief OfficerProfile
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Shone AnsteyCEO ChairmanProfile
Stephanie YonedaControllerProfile