SITO Mobile Correlations
| SITOQDelisted Stock | USD 0 0.00 0.00% |
The current 90-days correlation between SITO Mobile and Crexendo is -0.07 (i.e., Good diversification). The correlation of SITO Mobile 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.
SITO Mobile Correlation With Market
Significant diversification
The correlation between SITO Mobile and DJI is 0.01 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding SITO Mobile and DJI in the same portfolio, assuming nothing else is changed.
SITO |
The ability to find closely correlated positions to SITO Mobile could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SITO Mobile 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 SITO Mobile - 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 SITO Mobile to buy it.
Moving together with SITO Pink Sheet
Moving against SITO Pink Sheet
| 0.5 | PKX | POSCO Holdings | PairCorr |
| 0.39 | VZ | Verizon Communications Fiscal Year End 28th of January 2025 | PairCorr |
| 0.77 | MCD | McDonalds Sell-off Trend | PairCorr |
| 0.61 | GE | GE Aerospace Fiscal Year End 28th of January 2025 | PairCorr |
| 0.48 | KO | Coca Cola Fiscal Year End 11th of February 2025 | PairCorr |
| 0.47 | PFE | Pfizer Inc Fiscal Year End 4th of February 2025 | PairCorr |
| 0.47 | XOM | Exxon Mobil Corp Fiscal Year End 7th of February 2025 | PairCorr |
| 0.32 | JNJ | Johnson Johnson Sell-off Trend | PairCorr |
| 0.31 | CAT | Caterpillar Fiscal Year End 3rd of February 2025 | 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
|
Risk-Adjusted Indicators
There is a big difference between SITO Pink Sheet performing well and SITO Mobile 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 SITO Mobile'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ATGN | 4.13 | (0.74) | 0.00 | 1.09 | 0.00 | 11.43 | 33.98 | |||
| TLTZY | 1.74 | (0.05) | 0.00 | 0.28 | 0.00 | 3.41 | 17.50 | |||
| SMNUF | 2.96 | (0.53) | 0.00 | 0.81 | 0.00 | 7.74 | 69.48 | |||
| CXDO | 2.82 | (0.02) | 0.03 | 0.12 | 3.38 | 5.99 | 27.30 | |||
| VIV | 1.25 | (0.15) | 0.00 | 1.00 | 0.00 | 2.43 | 7.84 | |||
| ORAN | 0.89 | (0.21) | 0.00 | (1.01) | 0.00 | 1.57 | 4.81 | |||
| VOD | 1.05 | (0.10) | 0.00 | 5.74 | 0.00 | 2.09 | 11.18 | |||
| TV | 2.68 | 0.29 | 0.03 | (0.81) | 3.77 | 5.38 | 20.33 | |||
| AMX | 1.13 | (0.20) | 0.00 | (0.19) | 0.00 | 2.26 | 7.18 | |||
| T | 0.99 | 0.23 | 0.10 | 7.18 | 0.92 | 2.56 | 6.59 |
View SITO Mobile Related Equities
| Risk & Return | Correlation |
SITO Mobile Corporate Management
| Lisa Patrick | Chief Officer | Profile | |
| Gabriel Sandoval | Chief Officer | Profile | |
| Matt Murphy | VP Partnerships | Profile | |
| Thomas Candelaria | CEO Director | Profile | |
| Ed Silhan | Ex Sales | Profile | |
| Gregg Saunders | Acting Officer | Profile |
Still Interested in SITO Mobile?
Investing in delisted pink sheets can be risky, as the pink sheet is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.