Solution Financial Correlations

SLNFF Stock

USD 0.20 0.00 0.00%

The current 90-days correlation between Solution Financial and Multi Ways Holdings is -0.09 (i.e., Good diversification). The correlation of Solution Financial 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.

Solution Financial Correlation With Market

Significant diversification

The correlation between Solution Financial and DJI is 0.06 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Solution Financial and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to Solution Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Solution Financial 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 Solution Financial - 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 Solution Financial to buy it.

Moving against Solution Pink Sheet

0.83	BYD	Boyd Gaming	Pair Corr
0.8	FTAI	Fortress Transp Infra	Pair Corr
0.8	AAL	American Airlines Fiscal Year End 23rd of January 2025	Pair Corr
0.79	ASHTY	Ashtead Gro	Pair Corr
0.78	AMZN	Amazon Inc Aggressive Push	Pair Corr
0.77	URI	United Rentals Fiscal Year End 22nd of January 2025	Pair Corr
0.77	KRKNF	Kraken Robotics Tech Boost	Pair Corr
0.76	NVDA	NVIDIA Aggressive Push	Pair Corr
0.76	APP	Applovin Corp Buyout Trend	Pair Corr
0.76	SYM	Symbotic	Pair Corr
0.75	ASHTF	Ashtead Group plc	Pair Corr
0.74	GOOG	Alphabet Class C Aggressive Push	Pair Corr
0.73	R	Ryder System	Pair Corr
0.68	PRO	PROS Holdings Downward Rally	Pair Corr
0.67	INBKZ	First Internet Bancorp	Pair Corr
0.66	META	Meta Platforms Aggressive Push	Pair Corr
0.66	ODFL	Old Dominion Freight	Pair Corr
0.63	DKNG	DraftKings	Pair Corr
0.61	RGTI	Rigetti Computing Aggressive Push	Pair Corr
0.6	BMYMP	Bristol Myers Squibb	Pair Corr
0.59	EBON	Ebang International	Pair Corr
0.58	ABCL	Abcellera Biologics	Pair Corr
0.54	AER	AerCap Holdings NV	Pair Corr
0.53	PL	Planet Labs PBC Earnings Call This Week	Pair Corr
0.52	MNDY	MondayCom	Pair Corr
0.41	AAPL	Apple Inc Aggressive Push	Pair Corr
0.41	SDIG	Stronghold Digital Mining Potential Growth	Pair Corr
0.84	ORCL	Oracle Earnings Call This Week	Pair Corr
0.84	VRT	Vertiv Holdings	Pair Corr
0.82	TXRH	Texas Roadhouse	Pair Corr
0.82	VST	Vistra Energy Corp	Pair Corr
0.79	PYPL	PayPal Holdings	Pair Corr
0.78	S	SentinelOne	Pair Corr
0.77	KTB	Kontoor Brands	Pair Corr
0.77	SNAP	Snap Inc Buyout Trend	Pair Corr
0.76	PCOR	Procore Technologies	Pair Corr

Related Correlations Analysis

	ASHTF	AFDG	EOHDF	BCVVF	MWG	PRG	AAN	FTAIN	ASHTY	BRDS
ASHTF		-0.63	0.0	-0.79	-0.7	0.32	0.75	0.63	0.91	-0.75	ASHTF
AFDG	-0.63		0.0	0.6	0.66	0.1	-0.67	-0.47	-0.64	0.52	AFDG
EOHDF	0.0	0.0		0.0	0.0	0.0	0.0	0.0	0.0	0.0	EOHDF
BCVVF	-0.79	0.6	0.0		0.78	-0.11	-0.66	-0.6	-0.8	0.86	BCVVF
MWG	-0.7	0.66	0.0	0.78		0.04	-0.76	-0.41	-0.69	0.83	MWG
PRG	0.32	0.1	0.0	-0.11	0.04		0.13	0.26	0.35	-0.05	PRG
AAN	0.75	-0.67	0.0	-0.66	-0.76	0.13		0.33	0.74	-0.67	AAN
FTAIN	0.63	-0.47	0.0	-0.6	-0.41	0.26	0.33		0.7	-0.53	FTAIN
ASHTY	0.91	-0.64	0.0	-0.8	-0.69	0.35	0.74	0.7		-0.73	ASHTY
BRDS	-0.75	0.52	0.0	0.86	0.83	-0.05	-0.67	-0.53	-0.73		BRDS
	ASHTF	AFDG	EOHDF	BCVVF	MWG	PRG	AAN	FTAIN	ASHTY	BRDS

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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

ASHTY	+ 0.91	ASHTF
BRDS	+ 0.86	BCVVF
BRDS	+ 0.83	MWG
MWG	+ 0.78	BCVVF
AAN	+ 0.75	ASHTF
ASHTY	+ 0.74	AAN

High negative correlations

ASHTY	- 0.8	BCVVF
BCVVF	- 0.79	ASHTF
AAN	- 0.76	MWG
BRDS	- 0.75	ASHTF
BRDS	- 0.73	ASHTY
MWG	- 0.7	ASHTF

Risk-Adjusted Indicators

There is a big difference between Solution Pink Sheet performing well and Solution Financial 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 Solution Financial'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
ASHTF	1.54	0.22	0.10	0.56	1.29	(1.97)	3.97	(2.31)	9.37
AFDG	1.40	(0.70)	0.00	2.97	0.00	0.00	0.00	0.00	33.33
EOHDF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
BCVVF	1.07	(0.09)	0.00	0.26	0.00	0.00	2.90	(5.23)	12.84
MWG	4.20	(0.59)	0.00	(1.64)	0.00	0.00	7.69	(7.69)	54.11
PRG	1.67	(0.16)	(0.02)	0.03	2.36	(1.69)	2.85	(2.60)	13.25
AAN	0.25	0.03	(0.22)	20.44	0.24	(0.32)	0.61	(0.40)	1.81
FTAIN	0.48	0.03	(0.10)	0.34	0.61	(0.53)	1.07	(1.02)	4.21
ASHTY	1.34	0.08	0.07	0.18	1.27	(1.52)	2.96	(2.14)	7.88
BRDS	5.45	(0.92)	0.00	(0.37)	0.00	0.00	12.68	(11.52)	31.28

Be your own money manager

Our tools can tell you how much better you can do entering a position in Solution Financial 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.

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Solution Financial Corporate Management

Hodgins CA	Corp CFO	Profile
Bryan Pang	Pres CEO	Profile
Cary Lau	Director Marketing	Profile
Johnny Lau	Financial Controller	Profile
Winnie Louie	HR Mang	Profile
Michael Chan	Director Sales	Profile
Vincent Lau	VP Director	Profile

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