Contextlogic Correlations

LOGCDelisted Stock  USD 7.39  0.14  1.93%   
The current 90-days correlation between Contextlogic and Nextplat Corp is -0.04 (i.e., Good diversification). The correlation of Contextlogic 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.

Contextlogic Correlation With Market

Significant diversification

The correlation between Contextlogic and DJI is 0.02 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Contextlogic and DJI in the same portfolio, assuming nothing else is changed.
  
The ability to find closely correlated positions to Contextlogic could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Contextlogic 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 Contextlogic - 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 Contextlogic to buy it.

Moving together with Contextlogic OTC Stock

  0.68ZKH ZKH Group LimitedPairCorr

Moving against Contextlogic OTC Stock

  0.56JFBR Jeffs BrandsPairCorr
  0.48GLBE Global E OnlinePairCorr
  0.42WNW Meiwu TechnologyPairCorr
  0.31PDD PDD HoldingsPairCorr
  0.58QVCGA QVC Group Symbol ChangePairCorr
  0.57QVCGP QVC Group Symbol ChangePairCorr
  0.53BABA Alibaba Group Holding Aggressive PushPairCorr
  0.48LQDT Liquidity ServicesPairCorr
  0.32PRTS CarPartsComPairCorr

Related Correlations Analysis

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Risk-Adjusted Indicators

There is a big difference between Contextlogic OTC Stock performing well and Contextlogic 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 Contextlogic'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.

Contextlogic Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Contextlogic otc stock to make a market-neutral strategy. Peer analysis of Contextlogic could also be used in its relative valuation, which is a method of valuing Contextlogic by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Contextlogic Corporate Management

Elected by the shareholders, the Contextlogic's board of directors comprises two types of representatives: Contextlogic inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Contextlogic. The board's role is to monitor Contextlogic's management team and ensure that shareholders' interests are well served. Contextlogic'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, Contextlogic's outside directors are responsible for providing unbiased perspectives on the board's policies.
Joanna ForsterGeneral OfficerProfile
Daniel MDChief OfficerProfile
Ralph FongHead RelationsProfile
Mariana NachtChief OfficerProfile
Leszek MBACoFounder BoardProfile

Still Interested in Contextlogic?

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.