ProConcept Marketing Correlations

LNTO Stock

USD 0.01 0 29.03%

The current 90-days correlation between ProConcept Marketing and Zhong Yang Financial is -0.14 (i.e., Good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ProConcept Marketing moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ProConcept Marketing Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

ProConcept Marketing Correlation With Market

Good diversification

The correlation between ProConcept Marketing Group and DJI is -0.16 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding ProConcept Marketing Group and DJI in the same portfolio, assuming nothing else is changed.

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

Moving together with ProConcept Pink Sheet

0.79	PPERY	Bank Mandiri Persero	Pair Corr
0.7	PBCRY	Bank Central Asia	Pair Corr

Moving against ProConcept Pink Sheet

0.56	MS-PK	Morgan Stanley	Pair Corr
0.53	MS-PA	Morgan Stanley	Pair Corr
0.48	GS-PA	Goldman Sachs	Pair Corr
0.41	PTC	PTC Inc Earnings Call This Week	Pair Corr
0.4	CGXYY	China Galaxy Securities	Pair Corr
0.36	GS	Goldman Sachs Group	Pair Corr
0.33	IBKR	Interactive Brokers	Pair Corr
0.63	JNJ	Johnson Johnson	Pair Corr
0.53	MRK	Merck Company Earnings Call This Week	Pair Corr
0.49	MHO	MI Homes Earnings Call This Week	Pair Corr
0.47	DD	Dupont De Nemours Earnings Call This Week	Pair Corr
0.39	CAT	Caterpillar	Pair Corr
0.39	INTC	Intel	Pair Corr
0.37	PFE	Pfizer Inc Aggressive Push	Pair Corr
0.34	JPM	JPMorgan Chase	Pair Corr

Related Correlations Analysis

	TOP	CBTTF	GRSLF	OROXF	CBGZF	FNLIF	AUMBF
TOP		0.35	0.11	-0.02	0.25	-0.51	-0.33	TOP
CBTTF	0.35		0.74	-0.56	-0.06	-0.28	0.12	CBTTF
GRSLF	0.11	0.74		-0.54	-0.24	-0.05	0.48	GRSLF
OROXF	-0.02	-0.56	-0.54		0.07	-0.17	-0.37	OROXF
CBGZF	0.25	-0.06	-0.24	0.07		0.05	-0.24	CBGZF
FNLIF	-0.51	-0.28	-0.05	-0.17	0.05		0.32	FNLIF
AUMBF	-0.33	0.12	0.48	-0.37	-0.24	0.32		AUMBF
	TOP	CBTTF	GRSLF	OROXF	CBGZF	FNLIF	AUMBF

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

GRSLF	+ 0.74	CBTTF
AUMBF	+ 0.48	GRSLF
CBTTF	+ 0.35	TOP
AUMBF	+ 0.32	FNLIF
CBGZF	+ 0.25	TOP
AUMBF	+ 0.12	CBTTF

High negative correlations

OROXF	- 0.56	CBTTF
OROXF	- 0.54	GRSLF
FNLIF	- 0.51	TOP
AUMBF	- 0.37	OROXF
AUMBF	- 0.33	TOP
FNLIF	- 0.28	CBTTF

Risk-Adjusted Indicators

There is a big difference between ProConcept Pink Sheet performing well and ProConcept Marketing 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 ProConcept Marketing'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
TOP	2.16	(0.07)	0.00	0.15	2.48	(2.84)	6.40	(4.65)	18.01
CBTTF	8.59	2.22	0.18	(0.99)	8.23	(9.63)	18.60	(13.68)	56.07
GRSLF	5.72	1.17	0.08	(1.95)	6.65	(9.65)	13.33	(8.42)	43.22
OROXF	4.63	0.50	0.01	(0.85)	7.67	(14.31)	16.67	(14.29)	58.73
CBGZF	4.55	0.25	(0.03)	(0.01)	4.94	(6.84)	11.54	(9.68)	27.38
FNLIF	0.19	(0.03)	0.00	0.96	0.00	0.00	0.56	0.00	5.74
AUMBF	4.29	(0.11)	(0.02)	0.06	5.13	(8.90)	13.33	(11.11)	36.67

Be your own money manager

Our tools can tell you how much better you can do entering a position in ProConcept Marketing 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?

Run Bond Analysis Now

Bond Analysis

Evaluate and analyze corporate bonds as a potential investment for your portfolios.

All Next

Launch Module

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2025 Macroaxis LLC