Champion Iron Correlations
| CIA Stock | CAD 5.05 0.04 0.79% |
The current 90-days correlation between Champion Iron and First Majestic Silver is 0.26 (i.e., Modest diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Champion Iron moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Champion Iron moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Champion Iron Correlation With Market
Average diversification
The correlation between Champion Iron and DJI is 0.13 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Champion Iron and DJI in the same portfolio, assuming nothing else is changed.
Champion |
The ability to find closely correlated positions to Champion Iron could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Champion Iron 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 Champion Iron - 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 Champion Iron to buy it.
Moving together with Champion Stock
Related Correlations Analysis
Please specify at least 3 valid symbols having historical data to build a meaningful correlation cloud. You can use symbol search above to locate your securities.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Champion Iron 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 Commodity Directory Now
Commodity DirectoryFind actively traded commodities issued by global exchanges |
| All Next | Launch Module |
Champion Iron Corporate Management
Elected by the shareholders, the Champion Iron's board of directors comprises two types of representatives: Champion Iron inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Champion. The board's role is to monitor Champion Iron's management team and ensure that shareholders' interests are well served. Champion Iron'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, Champion Iron's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Donald CPA | Chief Officer | Profile | |
| Philip Mackey | Company Sec | Profile | |
| Franois Lavoie | Technical Sales | Profile | |
| Alexandre Eng | Chief Officer | Profile | |
| Donald Tremblay | Chief Officer | Profile | |
| Nabil PGeo | Senior Geologist | Profile | |
| David Eng | CEO Director | Profile |