Real Luck Correlations
| LUKEF Stock | USD 0 0.00 0.00% |
The correlation of Real Luck 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.
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The ability to find closely correlated positions to Real Luck could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Real Luck 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 Real Luck - 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 Real Luck Group to buy it.
Moving together with Real Pink Sheet
| 0.63 | EVGGF | Evolution AB | PairCorr |
| 0.76 | BKRKY | Bank Rakyat | PairCorr |
| 0.61 | BKRKF | PT Bank Rakyat | PairCorr |
| 0.8 | PPERY | Bank Mandiri Persero | PairCorr |
| 0.72 | PPERF | Bank Mandiri Persero | PairCorr |
| 0.8 | TLK | Telkom Indonesia Tbk | PairCorr |
| 0.61 | EC | Ecopetrol SA ADR | PairCorr |
| 0.71 | PBCRY | Bank Central Asia | PairCorr |
Moving against Real Pink Sheet
| 0.74 | ARLUF | Aristocrat Leisure | PairCorr |
| 0.68 | DKNG | DraftKings | PairCorr |
| 0.46 | CHDN | Churchill Downs | PairCorr |
| 0.43 | SSNLF | Samsung Electronics | PairCorr |
| 0.82 | HA | Hawaiian Holdings | PairCorr |
| 0.82 | FTNT | Fortinet | PairCorr |
| 0.78 | OPFI | OppFi Inc Downward Rally | PairCorr |
| 0.75 | OMIC | Singular Genomics Systems | PairCorr |
| 0.74 | DECK | Deckers Outdoor | PairCorr |
| 0.72 | FTI | TechnipFMC PLC Sell-off Trend | PairCorr |
| 0.61 | AGFY | Agrify Corp | PairCorr |
| 0.4 | MET | MetLife | PairCorr |
| 0.38 | JXN-PA | Jackson Financial | 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 Real Pink Sheet performing well and Real Luck 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 Real Luck'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| EVRI | 0.15 | 0.03 | (0.44) | 0.64 | 0.00 | 0.37 | 0.83 | |||
| ITMZF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| EIHDF | 1.35 | (0.39) | 0.00 | (2.96) | 0.00 | 0.00 | 24.59 | |||
| LNW | 1.64 | (0.20) | 0.00 | (0.14) | 0.00 | 2.65 | 22.15 | |||
| IGT | 1.06 | (0.27) | 0.00 | (0.14) | 0.00 | 2.02 | 8.44 | |||
| AGS | 0.17 | 0.04 | (0.35) | (0.62) | 0.00 | 0.44 | 1.04 | |||
| ACEL | 1.00 | (0.11) | (0.09) | 0.00 | 1.23 | 2.04 | 6.38 | |||
| CDRO | 1.45 | 0.04 | (0.03) | 0.35 | 1.76 | 3.69 | 15.12 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Real Luck 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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Real Luck Corporate Management
| Thomas Rosander | CEO Director | Profile | |
| William Moore | Chief Officer | Profile | |
| Metodi Zaburtov | Director Sportsbook | Profile | |
| Daniel Sanders | Director Marketing | Profile | |
| James McMath | Head Communications | Profile | |
| Benn Timbury | Chief Officer | Profile | |
| Nevzat Ucar | Head Content | Profile |