PV Nano Correlations
| PVNNF Stock | USD 0 0.00 0.00% |
The current 90-days correlation between PV Nano Cell and Church Dwight is -0.05 (i.e., Good diversification). The correlation of PV Nano 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.
PV Nano Correlation With Market
Good diversification
The correlation between PV Nano Cell and DJI is -0.08 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding PV Nano Cell and DJI in the same portfolio, assuming nothing else is changed.
PVNNF |
The ability to find closely correlated positions to PV Nano could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PV Nano 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 PV Nano - 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 PV Nano Cell to buy it.
Moving together with PVNNF Pink Sheet
| 0.76 | FNMFO | Federal National Mortgage Trending | PairCorr |
| 0.68 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
| 0.76 | CSCO | Cisco Systems Aggressive Push | PairCorr |
| 0.73 | AXP | American Express Sell-off Trend | PairCorr |
| 0.75 | DIS | Walt Disney | PairCorr |
| 0.74 | T | ATT Inc Aggressive Push | PairCorr |
| 0.67 | TRV | The Travelers Companies Fiscal Year End 17th of January 2025 | PairCorr |
| 0.75 | WMT | Walmart Aggressive Push | PairCorr |
Moving against PVNNF Pink Sheet
| 0.91 | BCH | Banco De Chile | PairCorr |
| 0.89 | GVDNY | Givaudan SA ADR | PairCorr |
| 0.86 | SKFOF | Sika AG | PairCorr |
| 0.85 | AIQUY | Air Liquide SA | PairCorr |
| 0.85 | SXYAY | Sika AG ADR | PairCorr |
| 0.84 | AIQUF | LAir Liquide SA | PairCorr |
| 0.8 | SHG | Shinhan Financial | PairCorr |
| 0.66 | PPG | PPG Industries Fiscal Year End 16th of January 2025 | PairCorr |
| 0.63 | ECL | Ecolab Inc | PairCorr |
| 0.57 | WF | Woori Financial Group | PairCorr |
| 0.39 | BAC-PL | Bank of America | PairCorr |
| 0.93 | KO | Coca Cola Fiscal Year End 11th of February 2025 | PairCorr |
| 0.84 | JNJ | Johnson Johnson Fiscal Year End 28th of January 2025 | PairCorr |
| 0.43 | MMM | 3M Company Fiscal Year End 28th of January 2025 | PairCorr |
| 0.38 | VZ | Verizon Communications Sell-off Trend | PairCorr |
Related Correlations Analysis
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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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between PVNNF Pink Sheet performing well and PV Nano 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 PV Nano'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CHD | 0.89 | 0.10 | 0.01 | 0.99 | 0.92 | 1.80 | 6.54 | |||
| UFCS | 1.90 | 0.33 | 0.34 | 0.20 | 1.11 | 4.67 | 28.11 | |||
| EML | 1.69 | (0.06) | (0.05) | (0.01) | 2.24 | 3.52 | 11.83 | |||
| MTEX | 2.46 | 0.24 | 0.06 | 0.49 | 2.61 | 7.29 | 18.57 | |||
| CIA | 3.39 | 0.77 | 0.14 | 13.35 | 4.32 | 8.63 | 34.37 | |||
| PKIN | 0.07 | 0.02 | 0.00 | 0.49 | 0.00 | 0.09 | 2.00 | |||
| WHWRF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| QBEIF | 0.86 | 0.22 | 0.00 | (0.49) | 0.00 | 4.48 | 15.68 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in PV Nano 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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PV Nano Corporate Management
| Dov Farkash | Active Chairman | Profile | |
| Evyatar Cohen | Chief Officer | Profile | |
| Hanan Markovich | Chief Officer | Profile | |
| Moran Cohen | Controller | Profile | |
| Avi Magid | Chief Officer | Profile |