Clean Coal Correlations
| CCTC Stock | USD 0.65 0.00 0.00% |
The correlation of Clean Coal 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.
Clean Coal Correlation With Market
Good diversification
The correlation between Clean Coal Technologies and DJI is -0.02 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Clean Coal Technologies and DJI in the same portfolio, assuming nothing else is changed.
Clean |
The ability to find closely correlated positions to Clean Coal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Clean Coal 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 Clean Coal - 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 Clean Coal Technologies to buy it.
Moving against Clean Pink Sheet
| 0.92 | HMDCF | HUTCHMED Limited | PairCorr |
| 0.72 | STAG | STAG Industrial | PairCorr |
| 0.69 | KYOCF | Kyocera | PairCorr |
| 0.68 | SMGKF | Smiths Group plc | PairCorr |
| 0.66 | PII | Polaris Industries | PairCorr |
| 0.64 | EGP | EastGroup Properties | PairCorr |
| 0.47 | CYPS | Cyclo3pss | PairCorr |
| 0.41 | AAL | American Airlines | PairCorr |
| 0.41 | CLRI | Cleartronic | PairCorr |
| 0.37 | PBCRY | Bank Central Asia | PairCorr |
| 0.35 | TLK | Telkom Indonesia Tbk | PairCorr |
| 0.31 | PPERY | Bank Mandiri Persero | PairCorr |
| 0.71 | AMD | Advanced Micro Devices Aggressive Push | PairCorr |
| 0.57 | APGE | Apogee Therapeutics, | PairCorr |
| 0.51 | ARRXF | Archer Materials | PairCorr |
| 0.49 | CHACR | Crane Harbor Acquisition | PairCorr |
| 0.49 | ADC | Agree Realty | PairCorr |
| 0.48 | WOLF | Wolfspeed, | PairCorr |
| 0.46 | CX | Cemex SAB de Sell-off Trend | PairCorr |
| 0.43 | RLMD | Relmada Therapeutics | PairCorr |
| 0.41 | REGN | Regeneron Pharmaceuticals | PairCorr |
| 0.4 | HL | Hecla Mining | PairCorr |
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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Clean Pink Sheet performing well and Clean Coal 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 Clean Coal'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| LGLOF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| LTCH | 8.04 | 0.51 | 0.04 | 0.34 | 9.04 | 18.18 | 85.00 | |||
| BBRDF | 0.44 | (0.22) | 0.00 | (17.37) | 0.00 | 0.00 | 14.37 | |||
| XNDA | 29.55 | 10.63 | 0.31 | (1.47) | 21.06 | 90.00 | 368.73 | |||
| ARHLF | 0.95 | (0.04) | 0.00 | 0.11 | 0.00 | 0.00 | 28.36 | |||
| MFON | 2.91 | (0.20) | 0.00 | 4.89 | 0.00 | 8.70 | 48.48 | |||
| TEKCF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| RSASF | 2.46 | (0.04) | (0.01) | 0.01 | 3.15 | 7.69 | 18.80 | |||
| BGRDF | 10.46 | 2.76 | 0.20 | 10.11 | 8.24 | 14.63 | 276.75 | |||
| AITX | 4.53 | (0.28) | 0.00 | 0.25 | 0.00 | 12.50 | 25.00 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Clean Coal 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 Bollinger Bands Now
Bollinger BandsUse Bollinger Bands indicator to analyze target price for a given investing horizon |
| All Next | Launch Module |
Clean Coal Corporate Executives
Elected by the shareholders, the Clean Coal's board of directors comprises two types of representatives: Clean Coal inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Clean. The board's role is to monitor Clean Coal's management team and ensure that shareholders' interests are well served. Clean Coal'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, Clean Coal's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Aiden Neary | CFO, COO and Secretary | Profile |