Seeing Machines Correlations
| SEEMF Stock | USD 0.06 0 2.30% |
The current 90-days correlation between Seeing Machines and Tenet Fintech Group is 0.02 (i.e., Significant diversification). The correlation of Seeing Machines 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.
Seeing Machines Correlation With Market
Good diversification
The correlation between Seeing Machines Limited and DJI is -0.03 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Seeing Machines Limited and DJI in the same portfolio, assuming nothing else is changed.
Seeing |
The ability to find closely correlated positions to Seeing Machines could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Seeing Machines 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 Seeing Machines - 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 Seeing Machines Limited to buy it.
Moving against Seeing Pink Sheet
| 0.78 | ORCL | Oracle | PairCorr |
| 0.64 | SNPS | Synopsys | PairCorr |
| 0.61 | SQ | Block Inc | PairCorr |
| 0.55 | CRWD | Crowdstrike Holdings | PairCorr |
| 0.46 | PLTR | Palantir Technologies Aggressive Push | PairCorr |
| 0.44 | ADBE | Adobe Systems | PairCorr |
| 0.39 | PTAIF | PT Astra International | PairCorr |
| 0.79 | BSIG | Brightsphere Investment | PairCorr |
| 0.76 | BAC | Bank of America Aggressive Push | PairCorr |
| 0.75 | KKR | KKR Co LP Normal Trading | PairCorr |
| 0.71 | BMY | Bristol Myers Squibb Aggressive Push | PairCorr |
| 0.69 | RCMT | RCM Technologies | PairCorr |
| 0.67 | VULNF | Vulcan Energy Resources | PairCorr |
| 0.65 | MAR | Marriott International | PairCorr |
| 0.6 | SAPMF | Saipem SpA | PairCorr |
| 0.47 | BKV | BKV Corporation | PairCorr |
| 0.46 | YPF | YPF Sociedad Anonima | PairCorr |
| 0.42 | OBYCF | Obayashi | PairCorr |
| 0.31 | NBIX | Neurocrine Biosciences | PairCorr |
| 0.79 | FBMS | First Bancshares, Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.72 | TRDA | Entrada Therapeutics | PairCorr |
| 0.65 | GIFI | Gulf Island Fabrication | PairCorr |
| 0.54 | GLABF | Gemina Laboratories | 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 Seeing Pink Sheet performing well and Seeing Machines 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 Seeing Machines' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| AMPDF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| PKKFF | 7.67 | 0.37 | 0.04 | (0.30) | 7.80 | 19.05 | 79.19 | |||
| FOBIF | 14.18 | 1.98 | 0.09 | (0.73) | 14.53 | 50.00 | 109.17 | |||
| VRAR | 9.12 | 3.24 | 0.43 | (1.48) | 5.43 | 31.58 | 118.45 | |||
| RPAY | 1.80 | (0.03) | 0.00 | (0.50) | 0.00 | 4.33 | 15.69 | |||
| NTCT | 1.49 | 0.06 | 0.02 | 0.19 | 1.65 | 3.29 | 11.69 | |||
| SPSC | 1.45 | (0.02) | 0.00 | (0.15) | 0.00 | 3.01 | 13.74 | |||
| IMXI | 1.29 | 0.17 | 0.10 | 0.49 | 1.42 | 2.74 | 15.73 | |||
| OSPN | 2.00 | 0.25 | 0.09 | 0.52 | 2.52 | 3.99 | 21.05 | |||
| EVCM | 1.47 | 0.10 | 0.04 | 0.66 | 2.08 | 3.22 | 13.03 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Seeing Machines 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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Seeing Machines Corporate Management
| Susan Dalliston | G Sec | Profile | |
| Anthony Borgo | Chief Officer | Profile | |
| Mike Lenne | Chief Officer | Profile | |
| Sebastian Rougeaux | Chief Scientific Officer and Principal Research Scientist | Profile | |
| Nicolas Difiore | VP Automotive | Profile | |
| Martin Ive | Chief Officer | Profile |