Picc Prop Correlations

PPCCF
 Stock
  

USD 1.06  0.00  0.00%   

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

Moving against Picc Prop

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0.77MBFJFMitsubishi Ufj FinanPairCorr
0.69BKRKFBank Rakyat IndonesPairCorr
0.68CBChubbPairCorr
0.56BKRKYPt Bank RakyatPairCorr
0.55TRVThe Travelers CompaniesPairCorr

Related Correlations

CB
PGR
TRV
SCHW
CB
0.310.940.28
CB
PGR
0.310.510.75
PGR
TRV
0.940.510.39
TRV
SCHW
0.280.750.39
SCHW
CB
PGR
TRV
SCHW
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

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   
TRVCB
SCHWPGR
TRVPGR
SCHWTRV
PGRCB
SCHWCB
  

Picc Prop Competition Risk-Adjusted Indicators

Nowadays, there is a big difference between PPCCF OTC Stock performing well and Picc Prop 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 Picc Prop'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.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Picc Prop 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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Picc Prop Corporate Directors

Picc Prop corporate directors refer to members of a Picc Prop board of directors. The board of directors generally takes responsibility for the Picc Prop'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 Picc Prop's board members must vote for the resolution. The Picc Prop board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
He Wang - Executive VP, Executive Director, Member of Risk Management and Investment Decision-Making Committee and Member of Strategic Planning CommitteeProfile
Chung Lo - Independent Non-Executive DirectorProfile
Zhigang Tang - Non-Executive DirectorProfile
Guoyi Na - Independent Non-Executive DirectorProfile

Invested in Picc Prop Casualty?

You need to understand the risk of investing before taking a position in Picc Prop. The danger of trading Picc Prop Casualty 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 Picc Prop 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 Picc Prop. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Picc Prop Casualty 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 Your Equity Center. Note that the Picc Prop Casualty information on this page should be used as a complementary analysis to other Picc Prop'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 Stock Screener module to find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

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When running Picc Prop Casualty price analysis, check to measure Picc Prop'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 Picc Prop is operating at the current time. Most of Picc Prop's value examination focuses on studying past and present price action to predict the probability of Picc Prop's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Picc Prop's price. Additionally, you may evaluate how the addition of Picc Prop to your portfolios can decrease your overall portfolio volatility.
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Is Picc Prop'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 Picc Prop. If investors know PPCCF 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 Picc Prop 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
-0.24
Market Capitalization
21.9 B
Quarterly Revenue Growth YOY
0.033
Return On Assets
0.0213
Return On Equity
0.11
The market value of Picc Prop Casualty is measured differently than its book value, which is the value of PPCCF that is recorded on the company's balance sheet. Investors also form their own opinion of Picc Prop's value that differs from its market value or its book value, called intrinsic value, which is Picc Prop'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 Picc Prop's market value can be influenced by many factors that don't directly affect Picc Prop'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 Picc Prop's value and its price as these two are different measures arrived at by different means. Investors typically determine Picc Prop value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Picc Prop'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.