VR Resources Correlations

5VR Stock

EUR 0.20 0.03 13.04%

The correlation of VR Resources 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.

VR Resources Correlation With Market

Very weak diversification

The correlation between VR Resources and DJI is 0.43 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding VR Resources and DJI in the same portfolio, assuming nothing else is changed.

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

Moving together with 5VR Stock

0.67	SSU	Samsung Electronics	Pair Corr
0.67	SSUN	Samsung Electronics	Pair Corr
0.67	SSU	Samsung Electronics	Pair Corr
0.66	SSUN	Samsung Electronics	Pair Corr
0.62	ISHA	INTERSHOP Communications	Pair Corr
0.66	ASME	ASML Holding NV	Pair Corr
0.62	74G	DIVIDEND GROWTH SPLIT	Pair Corr
0.61	HLH	Hongkong Land Holdings	Pair Corr
0.66	GJ9	SLC Agricola SA Split	Pair Corr
0.66	8DA	InPlay Oil Corp	Pair Corr

Moving against 5VR Stock

0.32	3HB	Hybrigenics Societe	Pair Corr
0.36	3D0A	Telo Genomics Corp	Pair Corr

Related Correlations Analysis

	UE1	4T0	SGM	NNJ	SGM	7QG	CZ2	T2E
UE1		-0.28	0.54	0.0	0.51	-0.56	0.37	0.0	UE1
4T0	-0.28		-0.58	0.0	-0.42	0.58	0.13	0.0	4T0
SGM	0.54	-0.58		0.0	0.76	-0.53	0.03	0.0	SGM
NNJ	0.0	0.0	0.0		0.0	0.0	0.0	-1.0	NNJ
SGM	0.51	-0.42	0.76	0.0		-0.28	-0.2	0.0	SGM
7QG	-0.56	0.58	-0.53	0.0	-0.28		-0.28	0.0	7QG
CZ2	0.37	0.13	0.03	0.0	-0.2	-0.28		0.0	CZ2
T2E	0.0	0.0	0.0	-1.0	0.0	0.0	0.0		T2E
	UE1	4T0	SGM	NNJ	SGM	7QG	CZ2	T2E

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

SGM	+ 0.76	SGM
7QG	+ 0.58	4T0
SGM	+ 0.54	UE1
SGM	+ 0.51	UE1
CZ2	+ 0.37	UE1
CZ2	+ 0.13	4T0

High negative correlations

T2E	- 1.0	NNJ
SGM	- 0.58	4T0
7QG	- 0.56	UE1
7QG	- 0.53	SGM
SGM	- 0.42	4T0
CZ2	- 0.28	7QG

Risk-Adjusted Indicators

There is a big difference between 5VR Stock performing well and VR Resources 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 VR Resources' 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
UE1	2.93	(0.06)	0.00	(0.40)	0.00	0.00	5.06	(6.20)	21.38
4T0	1.04	(0.15)	0.00	1.32	0.00	0.00	2.12	(2.78)	6.72
SGM	1.65	0.17	0.06	(2.58)	2.09	(1.64)	5.82	(3.61)	13.11
NNJ	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
SGM	1.17	(0.14)	0.00	0.92	0.00	0.00	3.42	(2.49)	11.87
7QG	1.87	(0.74)	0.00	(3.92)	0.00	0.00	2.95	(5.45)	11.12
CZ2	0.76	(0.04)	0.00	15.00	0.00	0.00	1.59	(1.79)	4.32
T2E	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

Be your own money manager

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

Elected by the shareholders, the VR Resources' board of directors comprises two types of representatives: VR Resources inside directors who are chosen from within the company, and outside directors, selected externally and held independent of 5VR. The board's role is to monitor VR Resources' management team and ensure that shareholders' interests are well served. VR Resources' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, VR Resources' outside directors are responsible for providing unbiased perspectives on the board's policies.

BCom CGA	Chief Officer	Profile
Justin Daley	Exploration Geologist	Profile
FCIS AccDir	Co Compliance	Profile
Cyndi LLB	Corporate Secretary	Profile

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