General European Correlations
| GESI Stock | USD 0 0.00 0.00% |
The current 90-days correlation between General European Str and Scorpio Gold Corp is -0.11 (i.e., Good diversification). The correlation of General European 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.
General European Correlation With Market
Good diversification
The correlation between General European Strategic and DJI is -0.13 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding General European Strategic and DJI in the same portfolio, assuming nothing else is changed.
General |
The ability to find closely correlated positions to General European could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace General European 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 General European - 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 General European Strategic to buy it.
Moving together with General Pink Sheet
Moving against General Pink Sheet
| 0.75 | AVAL | Grupo Aval | PairCorr |
| 0.72 | BCH | Banco De Chile | PairCorr |
| 0.58 | SHG | Shinhan Financial | PairCorr |
| 0.51 | MTLS | Materialise NV | PairCorr |
| 0.45 | ATCOL | Atlas Corp | PairCorr |
| 0.71 | ACR-PC | ACRES Commercial Realty | PairCorr |
| 0.71 | DLTTF | Dalata Hotel Group | PairCorr |
| 0.59 | WMWWF | West Wits Mining | PairCorr |
| 0.58 | STAEY | Stanley Electric | PairCorr |
| 0.56 | IREN | IREN Earnings Call This Week | PairCorr |
| 0.46 | CDIOW | Cardio Diagnostics | PairCorr |
| 0.45 | CDNMF | Gambier Gold Corp Earnings Call This Week | PairCorr |
| 0.44 | PANW | Palo Alto Networks | PairCorr |
| 0.36 | MTSUY | Mitsubishi | PairCorr |
| 0.7 | VSAT | ViaSat Inc Sell-off Trend | PairCorr |
| 0.67 | SNOW | Snowflake | PairCorr |
| 0.65 | BKOR | Oak Ridge Financial | PairCorr |
| 0.63 | EXC | Exelon | PairCorr |
| 0.55 | CLNN | Clene Inc | PairCorr |
| 0.49 | WTBFA | WTB Financial | PairCorr |
| 0.45 | AC | Associated Capital | PairCorr |
| 0.4 | CORZ | Core Scientific, Common | PairCorr |
Related Correlations Analysis
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
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Risk-Adjusted Indicators
There is a big difference between General Pink Sheet performing well and General European 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 General European'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| AUXXF | 3.15 | 0.16 | 0.04 | 0.31 | 3.44 | 7.14 | 29.65 | |||
| SRCRF | 4.92 | 0.61 | 0.11 | 0.56 | 4.25 | 14.29 | 31.11 | |||
| ABMBF | 8.67 | 0.70 | 0.04 | (0.73) | 9.25 | 25.00 | 45.00 | |||
| SICNF | 9.06 | 3.83 | 0.45 | 3.50 | 5.78 | 20.00 | 113.07 | |||
| NRRSF | 4.42 | 0.51 | 0.08 | (9.08) | 5.43 | 11.48 | 33.07 | |||
| UGDIF | 5.54 | 0.68 | 0.07 | 0.27 | 5.75 | 16.67 | 52.08 | |||
| BGUUF | 3.82 | 0.64 | 0.00 | (0.18) | 0.00 | 14.29 | 64.29 | |||
| EFRGF | 3.03 | 0.46 | 0.07 | 0.71 | 3.34 | 8.11 | 35.03 | |||
| CPNFF | 3.75 | 0.45 | 0.05 | 2.51 | 3.85 | 13.33 | 30.00 | |||
| GAYMF | 6.40 | 0.87 | 0.13 | 0.91 | 5.63 | 18.92 | 35.34 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in General European 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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General European Corporate Executives
Elected by the shareholders, the General European's board of directors comprises two types of representatives: General European inside directors who are chosen from within the company, and outside directors, selected externally and held independent of General. The board's role is to monitor General European's management team and ensure that shareholders' interests are well served. General European'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, General European's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Christopher CMA | CFO Secretary | Profile |