Aftermath Silver Correlations

AAGFF Stock  USD 0.86  0.01  1.15%   
The current 90-days correlation between Aftermath Silver and Talisker Resources is 0.67 (i.e., Poor diversification). The correlation of Aftermath Silver 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.

Aftermath Silver Correlation With Market

Modest diversification

The correlation between Aftermath Silver and DJI is 0.28 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Aftermath Silver and DJI in the same portfolio, assuming nothing else is changed.
  
The ability to find closely correlated positions to Aftermath Silver could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aftermath Silver 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 Aftermath Silver - 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 Aftermath Silver to buy it.

Moving together with Aftermath OTC Stock

  0.73BHPLF BHP Group LimitedPairCorr
  0.9BHP BHP Group LimitedPairCorr
  0.92RIO Rio Tinto ADRPairCorr
  0.86RTNTF Rio Tinto GroupPairCorr
  0.91RTPPF Rio Tinto GroupPairCorr
  0.87GLCNF Glencore PLCPairCorr
  0.87GLNCY Glencore PLC ADRPairCorr
  0.89VALE Vale SA ADR Aggressive PushPairCorr
  0.82WF Woori Financial GroupPairCorr
  0.77BCH Banco De ChilePairCorr
  0.89SMEGF Siemens Energy AGPairCorr
  0.89FOSL Fossil GroupPairCorr
  0.94BNPQY BNP Paribas SAPairCorr
  0.72FSBW FS Bancorp Earnings Call TodayPairCorr
  0.65ZETA Zeta Global HoldingsPairCorr
  0.8NKRKY Nokian Tyres PlcPairCorr
  0.94GVA Granite ConstructionPairCorr
  0.88DTSQU DT Cloud StarPairCorr
  0.73WEGZY WEG SA ADRPairCorr
  0.82SITM SitimePairCorr
  0.62ROL RollinsPairCorr
  0.81PILBF Pilbara MineralsPairCorr
  0.94EDVMF Endeavour Mining CorpPairCorr
  0.73CHRW CH Robinson Worldwide Earnings Call This WeekPairCorr

Moving against Aftermath OTC Stock

  0.8FNMFO Federal National MortgagePairCorr
  0.67CNTRF Centr Brands CorpPairCorr
  0.36TRRGF Transatlantic Mining CorpPairCorr
  0.32CNNA Cann American CorpPairCorr

Related Correlations Analysis


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

BMOOFCNIKF
BMOOFCTTZF
TSKFFCTTZF
GPPRFTSKFF
BMOOFTSKFF
GPPRFCNIKF
  

High negative correlations

RBWRFCTTZF
MDNGFRBWRF
BMOOFTLGRF
BMOOFBTRYF
BMOOFRBWRF
MDNGFTLGRF

Risk-Adjusted Indicators

There is a big difference between Aftermath OTC Stock performing well and Aftermath Silver OTC Stock 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 Aftermath Silver'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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
CTTZF  3.75  0.61  0.11  2.13  3.56 
 10.71 
 22.12 
CNIKF  4.43  1.11  0.21  0.82  4.20 
 10.42 
 38.74 
TLGRF  4.07 (0.17) 0.00 (0.08) 0.00 
 11.11 
 29.79 
BTRYF  12.02  2.33  0.05 (0.30) 14.58 
 37.04 
 103.88 
TSKFF  3.95  0.15  0.04  0.14  4.69 
 8.08 
 15.77 
RBWRF  3.72  0.00  0.00  0.07  0.00 
 13.64 
 33.28 
BMOOF  2.63  0.64  0.20  0.76  2.70 
 6.47 
 14.90 
ECGFF  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
GPPRF  3.31  0.56  0.12  0.89  3.18 
 7.89 
 16.72 
MDNGF  3.79  0.26  0.04  1.39  4.65 
 8.49 
 28.01 

Be your own money manager

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

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