Atacama Resources Correlations
| ACRL Stock | USD 0 0.0001 6.25% |
The current 90-days correlation between Atacama Resources and ATT Inc is 0.11 (i.e., Average diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Atacama Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Atacama Resources International moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Atacama Resources Correlation With Market
Average diversification
The correlation between Atacama Resources Internationa and DJI is 0.16 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Atacama Resources Internationa and DJI in the same portfolio, assuming nothing else is changed.
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The ability to find closely correlated positions to Atacama 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 Atacama 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 Atacama 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 Atacama Resources International to buy it.
Moving together with Atacama Pink Sheet
| 0.75 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
Moving against Atacama Pink Sheet
| 0.68 | T | ATT Inc Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.57 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
| 0.55 | INTC | Intel Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.47 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.44 | XOM | Exxon Mobil Corp Fiscal Year End 7th of February 2025 | PairCorr |
| 0.43 | HPQ | HP Inc | PairCorr |
| 0.43 | WMT | Walmart Aggressive Push | PairCorr |
| 0.42 | IBM | International Business Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.41 | CVX | Chevron Corp Sell-off Trend | PairCorr |
| 0.37 | BHPLF | BHP Group Limited | PairCorr |
| 0.35 | BAC | Bank of America Aggressive Push | PairCorr |
Related Correlations Analysis
| -0.79 | 0.81 | 0.65 | 0.03 | 0.64 | T | ||
| -0.79 | -0.77 | -0.64 | 0.35 | -0.83 | MRK | ||
| 0.81 | -0.77 | 0.58 | 0.2 | 0.86 | DIS | ||
| 0.65 | -0.64 | 0.58 | -0.31 | 0.52 | CAT | ||
| 0.03 | 0.35 | 0.2 | -0.31 | -0.03 | PG | ||
| 0.64 | -0.83 | 0.86 | 0.52 | -0.03 | JPM | ||
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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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Atacama Pink Sheet performing well and Atacama 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 Atacama 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| T | 0.92 | 0.26 | 0.12 | (7.83) | 0.86 | 2.56 | 6.47 | |||
| MRK | 0.91 | (0.24) | 0.00 | (0.86) | 0.00 | 2.00 | 4.89 | |||
| DIS | 0.97 | 0.34 | 0.28 | 0.73 | 0.48 | 2.34 | 7.57 | |||
| CAT | 1.32 | 0.01 | 0.07 | 0.13 | 1.35 | 3.36 | 12.38 | |||
| PG | 0.72 | 0.10 | (0.04) | (1.05) | 0.77 | 1.74 | 4.66 | |||
| JPM | 1.12 | (0.04) | 0.05 | 0.11 | 1.38 | 2.05 | 15.87 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Atacama 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.Did you try this?
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Atacama Resources Corporate Management
| Joshua Dion | Pres Director | Profile | |
| BMath CA | Chief Officer | Profile | |
| Allan Flasch | Director CommunicationsDOM | Profile | |
| Joseph Dion | CEO Chairman | Profile | |
| Daniel Finch | Consultant | Profile | |
| William McKay | VP Relations | Profile |