NNRF Correlations

NNRI Stock

USD 0 0.0003 7.32%

The current 90-days correlation between NNRF Inc and Belgravia Hartford Capital is -0.05 (i.e., Good diversification). The correlation of NNRF 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.

NNRF Correlation With Market

Average diversification

The correlation between NNRF Inc and DJI is 0.1 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding NNRF Inc and DJI in the same portfolio, assuming nothing else is changed.

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

Moving together with NNRF Pink Sheet

0.66	IVSXF	Investor AB	Pair Corr
0.69	SRGZ	Star Gold Corp	Pair Corr
0.64	CPCAY	Cathay Pacific Airways	Pair Corr
0.77	MAXQF	Maritime Launch Services	Pair Corr
0.66	DLTTF	Dalata Hotel Group	Pair Corr
0.74	PTNDY	Vale Indonesia Tbk	Pair Corr

Moving against NNRF Pink Sheet

0.77	CHHE	China Health Industries	Pair Corr
0.76	BX	Blackstone Group	Pair Corr
0.67	AMP	Ameriprise Financial	Pair Corr
0.6	BAM	Brookfield Asset Man	Pair Corr
0.59	EEGI	Eline Entertainment	Pair Corr
0.56	SHOTW	SHOTW Old Symbol Change	Pair Corr
0.52	ARES	Ares Management LP	Pair Corr
0.5	BLK	BlackRock	Pair Corr
0.41	APO	Apollo Global Management	Pair Corr
0.41	STRG	Starguide Group	Pair Corr
0.31	TKCM	Token Communities	Pair Corr

Related Correlations Analysis

	IBRC	SFIO	MGHCF	KYNC	PLPL	BLGVF	BLQC	ARAT	CBTC	ADHI
IBRC		0.0	0.0	0.0	0.0	0.0	0.0	1.0	0.0	0.0	IBRC
SFIO	0.0		-0.35	0.06	0.03	0.03	0.07	0.0	-0.05	0.1	SFIO
MGHCF	0.0	-0.35		-0.39	-0.13	-0.15	-0.23	0.0	-0.22	0.04	MGHCF
KYNC	0.0	0.06	-0.39		-0.15	0.51	-0.1	0.0	-0.04	0.25	KYNC
PLPL	0.0	0.03	-0.13	-0.15		-0.44	-0.11	0.0	0.18	-0.04	PLPL
BLGVF	0.0	0.03	-0.15	0.51	-0.44		-0.29	0.0	-0.26	0.69	BLGVF
BLQC	0.0	0.07	-0.23	-0.1	-0.11	-0.29		0.0	0.68	-0.57	BLQC
ARAT	1.0	0.0	0.0	0.0	0.0	0.0	0.0		0.0	0.0	ARAT
CBTC	0.0	-0.05	-0.22	-0.04	0.18	-0.26	0.68	0.0		-0.49	CBTC
ADHI	0.0	0.1	0.04	0.25	-0.04	0.69	-0.57	0.0	-0.49		ADHI
	IBRC	SFIO	MGHCF	KYNC	PLPL	BLGVF	BLQC	ARAT	CBTC	ADHI

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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

ARAT	+ 1.0	IBRC
ADHI	+ 0.69	BLGVF
CBTC	+ 0.68	BLQC
BLGVF	+ 0.51	KYNC
ADHI	+ 0.25	KYNC
CBTC	+ 0.18	PLPL

High negative correlations

ADHI	- 0.57	BLQC
ADHI	- 0.49	CBTC
BLGVF	- 0.44	PLPL
KYNC	- 0.39	MGHCF
MGHCF	- 0.35	SFIO
BLQC	- 0.29	BLGVF

Risk-Adjusted Indicators

There is a big difference between NNRF Pink Sheet performing well and NNRF 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 NNRF'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
IBRC	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
SFIO	7.35	0.49	0.04	0.54	7.88	(12.30)	20.00	(15.79)	57.03
MGHCF	6.26	0.72	0.03	(0.18)	7.59	(18.81)	25.00	(20.00)	45.00
KYNC	13.01	1.43	0.06	0.68	12.40	(39.39)	33.33	(25.00)	91.67
PLPL	89.79	41.43	0.00	2.30	0.00	0.00	0.00	0.00	1,100
BLGVF	8.57	(1.61)	0.00	1.42	0.00	0.00	14.68	(22.22)	50.66
BLQC	10.00	0.39	0.04	0.46	9.56	(13.24)	19.51	(15.15)	58.50
ARAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
CBTC	9.35	0.92	0.06	(3.85)	9.52	(14.52)	23.08	(16.67)	53.33
ADHI	12.50	1.54	0.05	1.10	13.99	(46.07)	61.54	(33.33)	133.86

Be your own money manager

Our tools can tell you how much better you can do entering a position in NNRF 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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NNRF Corporate Management

Peter Goerke	Executive VP	Profile
Alexander Stepanenko	Chief Officer	Profile
Prof Lebedev	Chief Officer	Profile
Lawrence Adams	Corporate Secretary	Profile
John Esq	Principal Officer	Profile

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