FBR ASSET Correlations

FB
 Stock
  

USD 169.58  6.99  4.30%   

The correlation of FBR ASSET is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as FBR ASSET moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if FBR ASSET INVESTMENT moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
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The ability to find closely correlated positions to FBR ASSET could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace FBR ASSET 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 FBR ASSET - 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 FBR ASSET INVESTMENT to buy it.

Moving together with FBR ASSET

0.86KSHTYKuaishou TechnologyPairCorr
0.67BRYBerry Pete CorpPairCorr

Moving against FBR ASSET

0.82PROSFProsus NV ClPairCorr
0.81PROSYProsus NV ADRPairCorr
0.75MCDMcDonalds CorpPairCorr
0.53DEERDeer Consumer ProductsPairCorr
0.51AAPLApple Inc TrendingPairCorr

Related Correlations

Please specify at least 3 valid symbols having historical data to build a meaningful correlation cloud. You can use symbol search above to locate your securities.

Delisting Warning - FB

FBR ASSET INVESTMENT was delisted

  The entity FBR ASSET INVESTMENT with a symbol FB was delisted from NYSEMKT Exchange. Please use Meta Platforms with a symbol META from now on.

FBR ASSET Corporate Directors

FBR ASSET corporate directors refer to members of a FBR ASSET board of directors. The board of directors generally takes responsibility for the FBR ASSET's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of FBR ASSET's board members must vote for the resolution. The FBR ASSET board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Kenneth Chenault - DirectorProfile
Jeffrey Zients - Independent DirectorProfile
Erskine Bowles - Independent DirectorProfile
Sheryl Sandberg - COO and DirectorProfile

Invested in FBR ASSET INVESTMENT?

You need to understand the risk of investing before taking a position in FBR ASSET. The danger of trading FBR ASSET INVESTMENT is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of FBR ASSET is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than FBR ASSET. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile FBR ASSET INVESTMENT is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please check Investing Opportunities. Note that the FBR ASSET INVESTMENT information on this page should be used as a complementary analysis to other FBR ASSET's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

Other Tools for FBR ASSET Stock

When running FBR ASSET INVESTMENT price analysis, check to measure FBR ASSET's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy FBR ASSET is operating at the current time. Most of FBR ASSET's value examination focuses on studying past and present price action to predict the probability of FBR ASSET's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move FBR ASSET's price. Additionally, you may evaluate how the addition of FBR ASSET to your portfolios can decrease your overall portfolio volatility.
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