Bon Natural Correlations

BON
 Stock
  

USD 2.53  0.21  7.66%   

The correlation of Bon Natural 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 Bon Natural moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bon Natural Life 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 Bon Natural could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bon Natural 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 Bon Natural - 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 Bon Natural Life to buy it.

Moving against Bon Natural

0.75CVGWCalavo Growers Fiscal Year End 19th of December 2022 PairCorr

Related Correlations

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Correlation Matchups

The Correlation Coefficient is a useful tool to identify correlated or non-correlated securities, which is essential in developing a diversified portfolio. It tells us the relationship between two positions you have in your portfolio or considering acquiring. Over a given time period, the two securities movetogether 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   
SGENMREO
DQSGEN
DQMREO
BRCNBGS
GGAAWBGS
GGAAWBRCN
  
High negative correlations   
DQBRCN
AVTBGS
GGAAWAVT
GGAAUBRCN
MREOAVT
BRBRBGS

Bon Natural Competition Risk-Adjusted Indicators

Nowadays, there is a big difference between Bon Natural stock performing well and Bon Natural company doing well compared to the competition. There are way too many exceptions to the normal that investors can tell for sure what's good or bad unless they analyze Bon Natural's multiple risk-adjusted performance indicators. 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
Information
Ratio
Expected
Shortfall
Potential
Upside
Value
At Risk
Maximum
Drawdown
ANFIF 0.00  0.00  0.00  0.00  0.00  0.00  0.00  0.00  0.00  0.00 
BGS 1.95 (0.01)  0.00 (0.21)  0.00  0.0217  0.00  3.91 (5.23)  14.38 
BRBR 2.30  0.33  0.11  0.12  2.51  0.09 (2.75)  5.86 (4.71)  21.91 
BRCN 3.40 (1.07)  0.00 (1.81)  0.00 (0.22)  0.00  7.32 (8.45)  27.81 
GGAAU 0.08  0.00  0.41 (0.03)  0.09  1.08 (0.30)  0.30 (0.20)  1.49 
AVT 1.78  0.23  0.10  0.02  2.03  0.09 (2.05)  3.05 (2.84)  18.71 
MREO 8.14  1.06  0.10  0.52  9.00  0.08 (11.11)  15.94 (17.04)  79.54 
SGEN 2.38  0.57  0.19  0.44  2.92  0.17 (2.70)  6.40 (4.21)  15.51 
DQ 4.20  1.08  0.21  0.46  4.19  0.18 (4.58)  10.05 (6.35)  21.00 
GGAAW 11.44  0.39  0.06 (0.34)  11.57  0.05 (21.62)  66.67 (22.22)  113.33 

Be your own money manager

Our tools can tell you how much better you can do entering a position in Bon Natural without increasing your portfolio risk or giving up 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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Bon Natural Corporate Directors

Bon Natural corporate directors refer to members of a Bon Natural board of directors. The board of directors generally takes responsibility for the Bon Natural'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 Bon Natural's board members must vote for the resolution. The Bon Natural board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Gregory Sanson - Financial Director and Member of the Executive CommitteeProfile
Victor Friberg - Director, Legal AffairsProfile
Miriam Fedida - DirectorProfile
Francois Bonduelle - DirectorProfile

Investing Bon Natural Life

You need to understand the risk of investing before taking a position in Bon Natural. The danger of trading Bon Natural Life 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 Bon Natural 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 Bon Natural. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Bon Natural Life 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.
Continue to Trending Equities. Note that the Bon Natural Life information on this page should be used as a complementary analysis to other Bon Natural'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 Piotroski F Score module to get Piotroski F Score based on binary analysis strategy of nine different fundamentals.

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When running Bon Natural Life price analysis, check to measure Bon Natural'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 Bon Natural is operating at the current time. Most of Bon Natural's value examination focuses on studying past and present price action to predict the probability of Bon Natural's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Bon Natural's price. Additionally, you may evaluate how the addition of Bon Natural to your portfolios can decrease your overall portfolio volatility.
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Is Bon Natural's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bon Natural. If investors know Bon Natural will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bon Natural listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.043
Market Capitalization
21.1 M
Quarterly Revenue Growth YOY
0.25
Return On Assets
0.11
Return On Equity
0.25
The market value of Bon Natural Life is measured differently than its book value, which is the value of Bon Natural that is recorded on the company's balance sheet. Investors also form their own opinion of Bon Natural's value that differs from its market value or its book value, called intrinsic value, which is Bon Natural's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bon Natural's market value can be influenced by many factors that don't directly affect Bon Natural's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bon Natural's value and its price as these two are different measures arrived at by different means. Investors typically determine Bon Natural value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bon Natural's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.