Critical Elements Correlations

CRECF Stock

USD 0.30 0.01 3.45%

The current 90-days correlation between Critical Elements and Group Ten Metals is 0.13 (i.e., Average diversification). The correlation of Critical Elements 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.

Critical Elements Correlation With Market

Significant diversification

The correlation between Critical Elements and DJI is 0.01 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Critical Elements and DJI in the same portfolio, assuming nothing else is changed.

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

Moving together with Critical OTC Stock

0.67	ADVWW	Advantage Solutions	Pair Corr
0.9	PCTTW	PureCycle Technologies	Pair Corr
0.69	MAPSW	WM Technology	Pair Corr
0.88	GCMGW	GCM Grosvenor	Pair Corr
0.62	PTAIF	PT Astra International	Pair Corr

Moving against Critical OTC Stock

0.87	TLK	Telkom Indonesia Tbk	Pair Corr
0.84	KEP	Korea Electric Power	Pair Corr
0.83	ATCOL	Atlas Corp	Pair Corr
0.76	PTAIY	Astra International Tbk	Pair Corr
0.75	PTITF	PT Indosat Tbk	Pair Corr
0.56	TLKMF	Telkom Indonesia Tbk	Pair Corr
0.55	EC	Ecopetrol SA ADR	Pair Corr
0.85	GM	General Motors	Pair Corr
0.84	APGE	Apogee Therapeutics,	Pair Corr
0.79	TEO	Telecom Argentina	Pair Corr
0.74	IDN	Intellicheck Mobilisa	Pair Corr
0.74	EGP	EastGroup Properties	Pair Corr
0.71	DDS	Dillards,	Pair Corr
0.69	NOEM	CO2 Energy Transition	Pair Corr
0.44	HE	Hawaiian Electric	Pair Corr
0.91	DNLMY	Dunelm Group PLC	Pair Corr
0.88	REGN	Regeneron Pharmaceuticals	Pair Corr
0.81	CX	Cemex SAB de	Pair Corr
0.76	AKAM	Akamai Technologies	Pair Corr
0.74	CHACR	Crane Harbor Acquisition	Pair Corr
0.64	AA	Alcoa Corp	Pair Corr

Related Correlations Analysis

	PGEZF	PMMCF	CUAUF	DFMTF	POROF	WLBMF	SRGMF	RCKTF	ARSMF	AGXPF
PGEZF		0.55	0.28	-0.1	0.25	0.53	-0.7	-0.43	0.41	0.58	PGEZF
PMMCF	0.55		0.29	0.13	-0.4	-0.13	-0.51	-0.78	0.45	0.83	PMMCF
CUAUF	0.28	0.29		-0.17	-0.17	-0.11	-0.41	-0.4	0.2	0.22	CUAUF
DFMTF	-0.1	0.13	-0.17		-0.08	-0.21	0.48	0.13	0.57	0.01	DFMTF
POROF	0.25	-0.4	-0.17	-0.08		0.77	-0.08	0.41	-0.01	-0.3	POROF
WLBMF	0.53	-0.13	-0.11	-0.21	0.77		-0.4	0.17	0.02	0.03	WLBMF
SRGMF	-0.7	-0.51	-0.41	0.48	-0.08	-0.4		0.52	-0.12	-0.49	SRGMF
RCKTF	-0.43	-0.78	-0.4	0.13	0.41	0.17	0.52		-0.18	-0.83	RCKTF
ARSMF	0.41	0.45	0.2	0.57	-0.01	0.02	-0.12	-0.18		0.23	ARSMF
AGXPF	0.58	0.83	0.22	0.01	-0.3	0.03	-0.49	-0.83	0.23		AGXPF
	PGEZF	PMMCF	CUAUF	DFMTF	POROF	WLBMF	SRGMF	RCKTF	ARSMF	AGXPF

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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

AGXPF	+ 0.83	PMMCF
WLBMF	+ 0.77	POROF
AGXPF	+ 0.58	PGEZF
ARSMF	+ 0.57	DFMTF
PMMCF	+ 0.55	PGEZF
WLBMF	+ 0.53	PGEZF

High negative correlations

AGXPF	- 0.83	RCKTF
RCKTF	- 0.78	PMMCF
SRGMF	- 0.7	PGEZF
SRGMF	- 0.51	PMMCF
AGXPF	- 0.49	SRGMF
RCKTF	- 0.43	PGEZF

Risk-Adjusted Indicators

There is a big difference between Critical OTC Stock performing well and Critical Elements 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 Critical Elements' 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
PGEZF	5.96	0.28	0.03	0.30	6.50	(9.32)	12.90	(13.51)	45.52
PMMCF	4.83	1.09	0.17	(2.31)	3.99	(7.99)	12.12	(7.14)	29.17
CUAUF	2.54	0.00	(0.01)	0.06	4.62	(5.25)	6.76	(5.38)	39.60
DFMTF	6.44	1.10	0.10	(7.26)	6.70	(10.76)	15.38	(12.50)	59.82
POROF	3.59	(0.30)	0.00	(0.86)	0.00	0.00	11.43	(12.50)	27.01
WLBMF	4.58	(0.20)	0.00	(0.04)	0.00	0.00	16.67	(14.29)	36.67
SRGMF	4.75	1.63	0.00	(0.23)	0.00	0.00	0.00	0.00	205.43
RCKTF	2.33	(0.37)	0.00	(1.33)	0.00	0.00	6.12	(5.00)	22.47
ARSMF	6.10	1.62	0.16	(0.50)	5.99	(10.18)	12.50	(11.43)	76.23
AGXPF	5.21	1.10	0.17	1.68	5.25	(6.53)	12.50	(7.69)	32.28

Be your own money manager

Our tools can tell you how much better you can do entering a position in Critical Elements 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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Critical Elements Corporate Executives

Elected by the shareholders, the Critical Elements' board of directors comprises two types of representatives: Critical Elements inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Critical. The board's role is to monitor Critical Elements' management team and ensure that shareholders' interests are well served. Critical Elements' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Critical Elements' outside directors are responsible for providing unbiased perspectives on the board's policies.

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