Keurig Correlations
| 49271VAF7 | 98.51 0.54 0.55% |
The current 90-days correlation between Keurig Dr Pepper and AEP TEX INC is -0.23 (i.e., Very good diversification). The correlation of Keurig 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.
Keurig |
The ability to find closely correlated positions to Keurig could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Keurig 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 Keurig - 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 Keurig Dr Pepper to buy it.
Moving against Keurig Bond
| 0.67 | SOFR | SOFR Symbol Change | PairCorr |
| 0.63 | LULU | Lululemon Athletica | PairCorr |
| 0.62 | VBFC | Village Bank | PairCorr |
| 0.6 | DOCU | DocuSign | PairCorr |
| 0.58 | BMYMP | Bristol Myers Squibb | PairCorr |
| 0.58 | JAJL | Innovator Equity Defined | PairCorr |
| 0.54 | VIRS | Pacer Financial | PairCorr |
| 0.51 | BTC | Grayscale Bitcoin Mini | PairCorr |
| 0.49 | C | Citigroup Aggressive Push | PairCorr |
| 0.49 | VSLU | ETF Opportunities Trust | PairCorr |
| 0.46 | KKR | KKR Co LP Normal Trading | PairCorr |
| 0.46 | SCHB | Schwab Broad Market | PairCorr |
| 0.44 | GBXI | GBX International | PairCorr |
| 0.44 | AMCX | AMC Networks | PairCorr |
| 0.43 | AAPL | Apple Inc Aggressive Push | PairCorr |
| 0.38 | YMM | Full Truck Alliance | PairCorr |
| 0.38 | ENFR | Alerian Energy Infra | PairCorr |
| 0.62 | JANW | AIM ETF Products | PairCorr |
| 0.58 | BST | BlackRock Science Tech | PairCorr |
| 0.57 | HGORX | Hartford Growth | PairCorr |
| 0.56 | FEDL | UBS AG London | PairCorr |
| 0.54 | ITRGX | Vy T Rowe | PairCorr |
| 0.54 | LGLUX | L Abbett Growth | PairCorr |
| 0.52 | TWMTX | Transamerica Growth | PairCorr |
| 0.52 | URUSX | Ultra Short Term | PairCorr |
| 0.5 | CFSIX | Touchstone Sands Capital | PairCorr |
| 0.49 | CADVX | Calamos Dividend Growth | PairCorr |
| 0.46 | SNPE | Xtrackers SP 500 | PairCorr |
| 0.46 | RFXIX | Rational Special Sit | PairCorr |
| 0.46 | DREQX | Dreyfus Research Growth | PairCorr |
| 0.42 | NERD | Roundhill Video Games | PairCorr |
| 0.42 | FETH | Fidelity Advantage Ether Downward Rally | PairCorr |
| 0.42 | WIAEX | Wasatch Small Cap | 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 Keurig Bond performing well and Keurig Corporate Bond 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 Keurig'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| 00108WAF7 | 1.45 | 0.11 | 0.04 | 0.43 | 1.90 | 5.71 | 13.40 | |||
| 90331HPL1 | 0.37 | (0.02) | 0.00 | (0.31) | 0.00 | 1.39 | 7.18 | |||
| GBXI | 5.92 | 2.49 | 0.00 | (0.34) | 0.00 | 0.00 | 150.00 | |||
| BAC | 1.03 | 0.12 | 0.13 | 0.12 | 0.80 | 2.12 | 11.87 | |||
| PSQH | 9.80 | 3.12 | 0.39 | (2.56) | 6.36 | 11.94 | 308.13 | |||
| CMGR | 21.49 | 4.70 | 0.09 | (0.95) | 19.17 | 100.00 | 150.00 | |||
| M | 1.70 | 0.14 | 0.08 | 0.14 | 1.76 | 4.01 | 13.44 | |||
| AGLDF | 15.04 | 2.43 | 0.07 | 0.44 | 16.11 | 54.35 | 165.63 | |||
| FRCOF | 0.93 | 0.18 | 0.00 | (0.96) | 0.00 | 2.65 | 23.45 | |||
| GIFI | 2.17 | 0.33 | 0.16 | 0.28 | 1.89 | 7.10 | 21.05 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Keurig 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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