UGE International Correlations
| UGEIFDelisted Stock | USD 1.46 0.00 0.00% |
The current 90-days correlation between UGE International and Spark Power Group is 0.03 (i.e., Significant diversification). The correlation of UGE International 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.
UGE International Correlation With Market
Significant diversification
The correlation between UGE International and DJI is 0.03 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding UGE International and DJI in the same portfolio, assuming nothing else is changed.
UGE |
The ability to find closely correlated positions to UGE International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace UGE International 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 UGE International - 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 UGE International to buy it.
Moving together with UGE OTC Stock
| 0.65 | CSCO | Cisco Systems Sell-off Trend | PairCorr |
| 0.64 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.75 | HD | Home Depot | PairCorr |
| 0.72 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
| 0.62 | GE | GE Aerospace Fiscal Year End 28th of January 2025 | PairCorr |
| 0.74 | CAT | Caterpillar Fiscal Year End 3rd of February 2025 | PairCorr |
| 0.73 | T | ATT Inc Fiscal Year End 22nd of January 2025 | PairCorr |
Moving against UGE OTC Stock
| 0.66 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
| 0.53 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.5 | JNJ | Johnson Johnson 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 UGE OTC Stock performing well and UGE International 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 UGE International'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| FOJCY | 1.81 | (0.03) | 0.00 | 0.28 | 0.00 | 3.94 | 13.94 | |||
| ASRE | 4.15 | 0.00 | 0.00 | 0.13 | 0.00 | 10.00 | 29.00 | |||
| MOTNF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| BNRG | 7.41 | 0.92 | 0.20 | 0.36 | 5.54 | 12.16 | 159.11 | |||
| FOJCF | 0.54 | (0.04) | 0.00 | 0.24 | 0.00 | 0.65 | 9.72 | |||
| CEZYY | 0.88 | (0.21) | 0.00 | 0.00 | 0.00 | 0.00 | 22.00 | |||
| TPII | 2.45 | (1.28) | 0.00 | (15.77) | 0.00 | 0.00 | 50.00 | |||
| SKPGF | 0.78 | (0.46) | 0.00 | (1.09) | 0.00 | 0.00 | 16.67 | |||
| HTOOW | 12.15 | 0.03 | 0.01 | 0.14 | 15.47 | 40.00 | 94.67 | |||
| HLGN | 3.40 | (0.06) | (0.01) | 0.06 | 3.92 | 7.69 | 27.05 |
View UGE International Related Equities
| Risk & Return | Correlation |
UGE International Corporate Management
Elected by the shareholders, the UGE International's board of directors comprises two types of representatives: UGE International inside directors who are chosen from within the company, and outside directors, selected externally and held independent of UGE. The board's role is to monitor UGE International's management team and ensure that shareholders' interests are well served. UGE International'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, UGE International's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Andrew Hines | Chief Officer | Profile | |
| David Matthews | VP Management | Profile | |
| Tyler Adkins | Chief Officer | Profile | |
| Edgar Lim | Managing Director | Profile | |
| Mateo Chaskel | Managing USA | Profile | |
| Anthony Dipietro | Controller USA | Profile |
Still Interested in UGE International?
Investing in delisted otcs can be risky, as the otc stock 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.