Gratomic Correlations

CBULF Stock

USD 0.02 0.00 0.00%

The current 90-days correlation between Gratomic and PepinNini Minerals Limited is -0.02 (i.e., Good diversification). The correlation of Gratomic 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.

Gratomic Correlation With Market

Excellent diversification

The correlation between Gratomic and DJI is -0.63 (i.e., Excellent diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Gratomic and DJI in the same portfolio, assuming nothing else is changed.

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

Moving against Gratomic Pink Sheet

0.69	ICAGY	International Consolidated Downward Rally	Pair Corr
0.68	RTNTF	Rio Tinto Group	Pair Corr
0.66	RTPPF	Rio Tinto Group	Pair Corr
0.66	WZZZY	Wizz Air Holdings Downward Rally	Pair Corr
0.65	RIO	Rio Tinto ADR	Pair Corr
0.64	GLCNF	Glencore PLC	Pair Corr
0.64	MOG-A	Moog Inc	Pair Corr
0.64	ENBP	ENB Financial Corp	Pair Corr
0.63	GLNCY	Glencore PLC ADR	Pair Corr
0.63	VALE	Vale SA ADR	Pair Corr
0.62	BHP	BHP Group Limited	Pair Corr
0.6	TFC	Truist Financial Corp	Pair Corr
0.6	ESCA	Escalade Incorporated	Pair Corr
0.59	BHPLF	BHP Group Limited	Pair Corr
0.54	GEL	Genesis Energy LP	Pair Corr
0.53	FMFP	First Community Financial	Pair Corr
0.52	DFKCY	Daifuku Co	Pair Corr
0.49	TKO	TKO Group Holdings Earnings Call This Week	Pair Corr
0.48	GRBK	Green Brick Partners	Pair Corr
0.47	ALL-PB	Allstate	Pair Corr
0.46	CGON	CG Oncology Common	Pair Corr
0.45	PRTS	CarPartsCom Earnings Call This Week	Pair Corr
0.43	RDNW	RideNow Group Symbol Change	Pair Corr
0.39	CAPL	Crossamerica Partners	Pair Corr
0.36	BLE	BlackRock MIT II	Pair Corr
0.31	AIQUF	LAir Liquide SA	Pair Corr
0.71	ARNI	Arno Therapeutics	Pair Corr
0.68	DREUF	Dream Industrial Real Potential Growth	Pair Corr
0.67	GL-PD	Globe Life 425	Pair Corr
0.67	BCO	Brinks Company	Pair Corr
0.65	ALEEF	Alerio Gold Corp	Pair Corr
0.65	AOZOY	Aozora Bank	Pair Corr
0.63	TWODF	Taylor Wimpey plc Earnings Call This Week	Pair Corr
0.63	PDER	Pardee Resources	Pair Corr
0.62	CMTV	Community Bancorp Common	Pair Corr
0.59	CMI	Cummins	Pair Corr
0.59	BHB	Bar Harbor Bankshares	Pair Corr

Related Correlations Analysis

	MYRLF	PEIMF	MSTSX	LBHIX	VIASP	RRTLX	WQTM	OSHDF	SITKF	RWAYL
MYRLF		0.35	0.96	0.74	0.84	0.91	0.4	0.0	-0.21	0.68	MYRLF
PEIMF	0.35		0.42	0.61	0.53	0.49	0.13	0.0	-0.31	0.51	PEIMF
MSTSX	0.96	0.42		0.8	0.9	0.98	0.38	0.0	-0.21	0.76	MSTSX
LBHIX	0.74	0.61	0.8		0.82	0.83	0.49	0.0	-0.28	0.72	LBHIX
VIASP	0.84	0.53	0.9	0.82		0.94	0.37	0.0	-0.32	0.85	VIASP
RRTLX	0.91	0.49	0.98	0.83	0.94		0.35	0.0	-0.22	0.86	RRTLX
WQTM	0.4	0.13	0.38	0.49	0.37	0.35		0.0	-0.1	0.11	WQTM
OSHDF	0.0	0.0	0.0	0.0	0.0	0.0	0.0		0.0	0.0	OSHDF
SITKF	-0.21	-0.31	-0.21	-0.28	-0.32	-0.22	-0.1	0.0		-0.13	SITKF
RWAYL	0.68	0.51	0.76	0.72	0.85	0.86	0.11	0.0	-0.13		RWAYL
	MYRLF	PEIMF	MSTSX	LBHIX	VIASP	RRTLX	WQTM	OSHDF	SITKF	RWAYL

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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

RRTLX	+ 0.98	MSTSX
MSTSX	+ 0.96	MYRLF
RRTLX	+ 0.94	VIASP
RRTLX	+ 0.91	MYRLF
VIASP	+ 0.9	MSTSX
RWAYL	+ 0.86	RRTLX

High negative correlations

SITKF	- 0.32	VIASP
SITKF	- 0.31	PEIMF
SITKF	- 0.28	LBHIX
SITKF	- 0.22	RRTLX
SITKF	- 0.21	MSTSX
SITKF	- 0.21	MYRLF

Risk-Adjusted Indicators

There is a big difference between Gratomic Pink Sheet performing well and Gratomic 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 Gratomic'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 Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
MYRLF	90.72	44.00	0.00	1.48	0.00	0.00	0.00	0.00	3,040
PEIMF	2.81	0.72	0.00	2.54	0.00	0.00	5.78	(3.38)	83.88
MSTSX	0.60	0.19	0.25	0.34	0.00	(0.75)	0.93	(0.88)	12.34
LBHIX	0.12	0.05	(0.26)	(1.21)	0.00	(0.22)	0.24	(0.12)	2.15
VIASP	0.28	0.05	(0.06)	2.90	0.17	(0.33)	0.64	(0.59)	1.72
RRTLX	0.25	0.06	0.05	0.28	0.00	(0.34)	0.57	(0.40)	3.30
WQTM	1.68	0.18	0.06	8.19	1.88	(1.73)	3.48	(3.22)	9.00
OSHDF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
SITKF	2.67	0.33	0.06	(0.38)	2.79	(3.55)	7.81	(5.71)	16.83
RWAYL	0.12	0.02	(0.34)	(0.56)	0.00	(0.15)	0.24	(0.20)	0.88

Be your own money manager

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

Rodger CA	Chief Officer	Profile
Karl Trudeau	Head Director	Profile
Lynne Brand	Head GM	Profile
Ib Camara	Head Brazil	Profile
CA Com	VP FinNamibia	Profile
Arnoldus Brand	CEO Pres	Profile
Jacques Merwe	Head Namibia	Profile

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