Rolling Optics Correlations
The correlation of Rolling Optics 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.
Rolling |
The ability to find closely correlated positions to Rolling Optics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Rolling Optics 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 Rolling Optics - 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 Rolling Optics Holding to buy it.
Related Correlations Analysis
| 0.74 | 0.74 | 0.71 | 0.36 | ZWIPE | ||
| 0.74 | 0.57 | 0.74 | 0.3 | ZAPLOX | ||
| 0.74 | 0.57 | 0.73 | 0.45 | XMR | ||
| 0.71 | 0.74 | 0.73 | 0.4 | RATO-B | ||
| 0.36 | 0.3 | 0.45 | 0.4 | QLIFE | ||
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between Rolling Stock performing well and Rolling Optics 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 Rolling Optics' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ZWIPE | 8.48 | (0.54) | 0.00 | 1.09 | 0.00 | 25.00 | 98.67 | |||
| ZAPLOX | 3.30 | (0.19) | 0.00 | 1.32 | 0.00 | 6.48 | 25.47 | |||
| XMR | 6.15 | (0.38) | 0.00 | (0.21) | 0.00 | 10.53 | 77.50 | |||
| RATO-B | 1.08 | (0.10) | 0.00 | (0.37) | 0.00 | 1.86 | 5.48 | |||
| QLIFE | 3.82 | (0.56) | 0.00 | (13.80) | 0.00 | 9.01 | 35.68 |
Rolling Optics Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Rolling Optics stock to make a market-neutral strategy. Peer analysis of Rolling Optics could also be used in its relative valuation, which is a method of valuing Rolling Optics by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Rolling Optics Corporate Management
Elected by the shareholders, the Rolling Optics' board of directors comprises two types of representatives: Rolling Optics inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Rolling. The board's role is to monitor Rolling Optics' management team and ensure that shareholders' interests are well served. Rolling Optics' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Rolling Optics' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Barbara Rentler | Vice CEO | Profile | |
| Adam Orvos | Ex CFO | Profile | |
| Michael Kobayashi | Pres Officer | Profile | |
| Michael Balmuth | Advisor | Profile | |
| Ken Caruana | Marketing Strategy | Profile | |
| Norman Ferber | Advisor | Profile | |
| Brian Morrow | Pres DISCOUNTS | Profile |