Aftermath Silver Correlations

AAGFF Stock  USD 0.67  0.01  1.52%   
The current 90-days correlation between Aftermath Silver and Talisker Resources is 0.63 (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

Poor diversification

The correlation between Aftermath Silver and DJI is 0.77 (i.e., Poor 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

  0.61BHP BHP Group LimitedPairCorr
  0.64RTPPF Rio Tinto GroupPairCorr
  0.71GLCNF Glencore PLCPairCorr
  0.71GLNCY Glencore PLC ADRPairCorr
  0.64VALE Vale SA ADRPairCorr
  0.83UMAC Unusual Machines Buyout TrendPairCorr
  0.61SLSR Solaris ResourcesPairCorr
  0.81GAYMF Galway MetalsPairCorr
  0.61INTC IntelPairCorr
  0.63NWTG Newton Golf Symbol ChangePairCorr
  0.68LRDC Laredo OilPairCorr
  0.68BLAGF Blue Lagoon ResourcesPairCorr

Moving against Aftermath OTC Stock

  0.56PBCRY Bank Central AsiaPairCorr
  0.33BKRKF PT Bank Rakyat Earnings Call This WeekPairCorr
  0.33PBCRF PT Bank CentralPairCorr
  0.44AFIIQ Armstrong FlooringPairCorr
  0.58WELL WelltowerPairCorr

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

GPPRFTSKFF
TSKFFCNIKF
BMOOFCTTZF
GPPRFCNIKF
TSKFFCTTZF
CNIKFCTTZF
  

High negative correlations

MDNGFRBWRF
BMOOFRBWRF
RBWRFCTTZF
RBWRFBTRYF
BTRYFTLGRF
MDNGFECGFF

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  3.67  0.88  0.16 (2.93) 3.50 
 10.71 
 28.11 
CNIKF  3.96  0.50  0.10  0.77  4.38 
 9.73 
 25.84 
TLGRF  5.48  0.04  0.01  0.08  6.55 
 14.81 
 37.65 
BTRYF  13.62  3.06  0.09 (0.55) 14.62 
 46.43 
 103.88 
TSKFF  4.27  0.73  0.15  0.41  4.82 
 9.57 
 24.26 
RBWRF  4.30  0.47  0.04  3.19  4.91 
 18.18 
 44.05 
BMOOF  2.94  0.48  0.10  0.49  4.39 
 6.47 
 29.29 
ECGFF  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
GPPRF  3.68  0.65  0.14  2.36  3.23 
 9.76 
 28.12 
MDNGF  3.68 (0.17) 0.00 (0.09) 0.00 
 6.98 
 24.14 

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.

Did you try this?

Run Pattern Recognition Now

   

Pattern Recognition

Use different Pattern Recognition models to time the market across multiple global exchanges
All  Next Launch Module

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.