Thunderbird Entertainment Correlations
| THBRF Stock | USD 1.27 0.02 1.55% |
The current 90-days correlation between Thunderbird Entertainment and Jackson Financial is -0.1 (i.e., Good diversification). The correlation of Thunderbird Entertainment 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.
Thunderbird Entertainment Correlation With Market
Significant diversification
The correlation between Thunderbird Entertainment Grou 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 Thunderbird Entertainment Grou and DJI in the same portfolio, assuming nothing else is changed.
Thunderbird |
The ability to find closely correlated positions to Thunderbird Entertainment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Thunderbird Entertainment 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 Thunderbird Entertainment - 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 Thunderbird Entertainment Group to buy it.
Moving together with Thunderbird OTC Stock
| 0.8 | KO | Coca Cola Fiscal Year End 11th of February 2025 | PairCorr |
Moving against Thunderbird OTC Stock
| 0.72 | LYV | Live Nation Entertainment | PairCorr |
| 0.71 | FWONA | Liberty Media | PairCorr |
| 0.69 | FWONK | Liberty Media | PairCorr |
| 0.69 | HNRC | Houston Natural Resources | PairCorr |
| 0.66 | NFLX | Netflix Fiscal Year End 28th of January 2025 | PairCorr |
| 0.63 | FOX | Fox Corp Class | PairCorr |
| 0.6 | JXN-PA | Jackson Financial | PairCorr |
| 0.59 | FTNT | Fortinet Sell-off Trend | PairCorr |
| 0.58 | DIS | Walt Disney | PairCorr |
| 0.45 | MET | MetLife | PairCorr |
| 0.44 | SLF | Sun Life Financial | PairCorr |
| 0.43 | WBD | Warner Bros Discovery Sell-off Trend | PairCorr |
| 0.41 | ROCL | Roth CH Acquisition | PairCorr |
| 0.76 | JPM | JPMorgan Chase Fiscal Year End 10th of January 2025 | PairCorr |
| 0.75 | BAC | Bank of America Fiscal Year End 10th of January 2025 | PairCorr |
| 0.72 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
| 0.67 | CVX | Chevron Corp Fiscal Year End 7th of February 2025 | PairCorr |
| 0.62 | ESLAW | Estrella Immunopharma | PairCorr |
| 0.62 | HPQ | HP Inc | PairCorr |
| 0.61 | AXP | American Express Sell-off Trend | PairCorr |
| 0.58 | WMT | Walmart Aggressive Push | PairCorr |
| 0.54 | INTC | Intel Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.48 | CAT | Caterpillar Fiscal Year End 3rd of February 2025 | PairCorr |
| 0.37 | XOM | Exxon Mobil Corp Sell-off Trend | 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
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Risk-Adjusted Indicators
There is a big difference between Thunderbird OTC Stock performing well and Thunderbird Entertainment OTC Stock 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 Thunderbird Entertainment'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| JXN-PA | 0.40 | 0.06 | (0.06) | 0.77 | 0.35 | 1.03 | 2.56 | |||
| MET | 1.03 | 0.01 | 0.04 | 0.11 | 1.39 | 2.31 | 9.20 | |||
| MCD | 0.73 | (0.01) | (0.04) | 0.09 | 1.30 | 1.46 | 6.70 | |||
| AA | 2.39 | 0.38 | 0.17 | 0.30 | 2.42 | 6.10 | 14.99 | |||
| MMM | 1.02 | (0.16) | 0.00 | (0.03) | 0.00 | 2.02 | 7.84 | |||
| CAT | 1.32 | (0.01) | 0.05 | 0.10 | 1.38 | 3.36 | 12.38 | |||
| BA | 1.73 | (0.20) | 0.00 | (0.39) | 0.00 | 3.11 | 7.32 | |||
| PFE | 1.07 | (0.21) | 0.00 | (0.40) | 0.00 | 2.17 | 8.17 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Thunderbird Entertainment 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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Thunderbird Entertainment Corporate Management
Elected by the shareholders, the Thunderbird Entertainment's board of directors comprises two types of representatives: Thunderbird Entertainment inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Thunderbird. The board's role is to monitor Thunderbird Entertainment's management team and ensure that shareholders' interests are well served. Thunderbird Entertainment's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Thunderbird Entertainment's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Barb Harwood | Chief Officer | Profile | |
| Matthew Berkowitz | Pres Officer | Profile | |
| Sarah Nathanson | Gen COO | Profile | |
| Lindsay MacAdam | Head Devel | Profile | |
| Lori Massini | Sr Affairs | Profile | |
| Lana Castleman | Director Communications | Profile | |
| Richard Goldsmith | Pres Products | Profile |