Xalles Holdings Correlations

XALL Stock

USD 0.0005 0.0001 25.00%

The current 90-days correlation between Xalles Holdings and The Travelers Companies is 0.1 (i.e., Average diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Xalles Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Xalles Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

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

Moving together with Xalles Pink Sheet

0.76	CGEMY	Capgemini SE ADR	Pair Corr
0.81	PPERF	Bank Mandiri Persero	Pair Corr
0.8	PPERY	Bank Mandiri Persero	Pair Corr
0.74	BKRKF	PT Bank Rakyat	Pair Corr
0.79	BKRKY	Bank Rakyat	Pair Corr
0.64	PTBRY	Bank Negara Indonesia	Pair Corr
0.68	BA	Boeing Fiscal Year End 29th of January 2025	Pair Corr
0.81	PFE	Pfizer Inc Aggressive Push	Pair Corr

Moving against Xalles Pink Sheet

0.87	PLTR	Palantir Technologies Aggressive Push	Pair Corr
0.8	WIT	Wipro Limited ADR	Pair Corr
0.58	IT	Gartner	Pair Corr
0.57	CTSH	Cognizant Technology Sell-off Trend	Pair Corr
0.43	KB	KB Financial Group	Pair Corr
0.36	ACN	Accenture plc	Pair Corr
0.86	CVX	Chevron Corp Sell-off Trend	Pair Corr
0.85	NFLX	Netflix Fiscal Year End 28th of January 2025	Pair Corr
0.85	AXP	American Express Fiscal Year End 24th of January 2025	Pair Corr
0.82	WMT	Walmart Aggressive Push	Pair Corr
0.81	BAC	Bank of America Aggressive Push	Pair Corr
0.8	INTC	Intel Fiscal Year End 23rd of January 2025	Pair Corr
0.8	DIS	Walt Disney Sell-off Trend	Pair Corr
0.77	JPM	JPMorgan Chase Sell-off Trend	Pair Corr
0.76	FDS	FactSet Research Systems	Pair Corr
0.69	T	ATT Inc Fiscal Year End 22nd of January 2025	Pair Corr
0.68	CAT	Caterpillar Fiscal Year End 3rd of February 2025	Pair Corr
0.63	HPQ	HP Inc	Pair Corr
0.59	TRV	The Travelers Companies Fiscal Year End 17th of January 2025	Pair Corr
0.56	CIADY	China Mengniu Dairy	Pair Corr
0.35	GARPF	Golden Agri Resources	Pair Corr

Related Correlations Analysis

	TRV	DIS	HD	PG	BA	WMT	AXP	MRK	JNJ
TRV		0.78	0.58	0.04	-0.55	0.82	0.77	-0.77	-0.58	TRV
DIS	0.78		0.67	0.2	-0.61	0.92	0.88	-0.77	-0.8	DIS
HD	0.58	0.67		-0.01	-0.62	0.72	0.82	-0.59	-0.6	HD
PG	0.04	0.2	-0.01		0.24	0.16	-0.05	0.35	0.29	PG
BA	-0.55	-0.61	-0.62	0.24		-0.59	-0.64	0.7	0.75	BA
WMT	0.82	0.92	0.72	0.16	-0.59		0.89	-0.79	-0.76	WMT
AXP	0.77	0.88	0.82	-0.05	-0.64	0.89		-0.78	-0.8	AXP
MRK	-0.77	-0.77	-0.59	0.35	0.7	-0.79	-0.78		0.87	MRK
JNJ	-0.58	-0.8	-0.6	0.29	0.75	-0.76	-0.8	0.87		JNJ
	TRV	DIS	HD	PG	BA	WMT	AXP	MRK	JNJ

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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

WMT	+ 0.92	DIS
AXP	+ 0.89	WMT
AXP	+ 0.88	DIS
JNJ	+ 0.87	MRK
WMT	+ 0.82	TRV
AXP	+ 0.82	HD

High negative correlations

JNJ	- 0.8	AXP
JNJ	- 0.8	DIS
MRK	- 0.79	WMT
MRK	- 0.78	AXP
MRK	- 0.77	DIS
MRK	- 0.77	TRV

Risk-Adjusted Indicators

There is a big difference between Xalles Pink Sheet performing well and Xalles Holdings 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 Xalles Holdings' 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
TRV	1.10	0.14	0.10	0.27	1.15	(1.31)	1.93	(2.17)	11.31
DIS	0.97	0.34	0.28	0.73	0.48	(1.12)	2.34	(1.34)	7.57
HD	0.91	0.19	0.09	0.74	0.90	(1.02)	2.22	(1.67)	5.15
PG	0.72	0.10	(0.04)	(1.05)	0.77	(0.77)	1.74	(1.26)	4.66
BA	1.74	(0.18)	0.00	(0.29)	0.00	0.00	3.11	(3.41)	8.23
WMT	0.82	0.28	0.16	3.14	0.72	(0.97)	1.90	(1.27)	4.33
AXP	1.23	0.05	0.10	0.16	1.11	(1.34)	2.83	(2.19)	9.79
MRK	0.91	(0.24)	0.00	(0.86)	0.00	0.00	2.00	(2.13)	4.89
JNJ	0.61	(0.11)	0.00	(0.37)	0.00	0.00	1.40	(1.42)	3.25

Be your own money manager

Our tools can tell you how much better you can do entering a position in Xalles Holdings 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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