Creek Road Correlations
| CRKRDelisted Stock | USD 0.23 0.03 15.00% |
The current 90-days correlation between Creek Road Miners and Cryomass Technologies is 0.06 (i.e., Significant diversification). The correlation of Creek Road 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. If the correlation is 0, the equities are not correlated; they are entirely random.
Creek Road Correlation With Market
Significant diversification
The correlation between Creek Road Miners and DJI is 0.07 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Creek Road Miners and DJI in the same portfolio, assuming nothing else is changed.
Creek |
The ability to find closely correlated positions to Creek Road could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Creek Road 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 Creek Road - 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 Creek Road Miners to buy it.
Moving together with Creek OTC Stock
| 0.9 | CGXYY | China Galaxy Securities | PairCorr |
| 0.79 | FRSX | Foresight Autonomous | PairCorr |
| 0.77 | EXCH | Exchange Bankshares | PairCorr |
| 0.73 | DAVA | Endava | PairCorr |
| 0.78 | GILT | Gilat Satellite Networks | PairCorr |
Moving against Creek OTC Stock
| 0.75 | GS-PA | Goldman Sachs | PairCorr |
| 0.71 | MS-PK | Morgan Stanley | PairCorr |
| 0.49 | GLUC | Glucose Health | PairCorr |
| 0.38 | NIHK | Video River Networks | PairCorr |
| 0.31 | SUNFF | Sun Life Financial | PairCorr |
| 0.63 | ORCL | Oracle Tech Boost | PairCorr |
| 0.32 | BTCM | BIT Mining | PairCorr |
Related Correlations Analysis
| 0.4 | 0.09 | -0.46 | -0.17 | CRYM | ||
| 0.4 | 0.25 | -0.36 | -0.19 | HECOF | ||
| 0.09 | 0.25 | 0.1 | 0.02 | OPTHF | ||
| -0.46 | -0.36 | 0.1 | 0.22 | DPRO | ||
| -0.17 | -0.19 | 0.02 | 0.22 | ALCUF | ||
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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 Creek OTC Stock performing well and Creek Road 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 Creek Road'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CRYM | 8.91 | 1.23 | 0.09 | (3.02) | 10.14 | 19.91 | 87.29 | |||
| HECOF | 9.60 | 0.41 | 0.03 | 0.98 | 10.71 | 18.87 | 77.50 | |||
| OPTHF | 4.92 | 0.21 | 0.01 | (0.17) | 5.57 | 14.29 | 39.08 | |||
| DPRO | 6.45 | 0.39 | 0.05 | 9.63 | 6.86 | 17.05 | 64.26 | |||
| ALCUF | 7.30 | 1.22 | 0.14 | 0.64 | 6.28 | 25.00 | 40.18 |
Creek Road Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Creek Road otc stock to make a market-neutral strategy. Peer analysis of Creek Road could also be used in its relative valuation, which is a method of valuing Creek Road by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Creek Road Corporate Management
Elected by the shareholders, the Creek Road's board of directors comprises two types of representatives: Creek Road inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Creek. The board's role is to monitor Creek Road's management team and ensure that shareholders' interests are well served. Creek Road'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, Creek Road's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Paul Kessler | Ex Chairman | Profile | |
| Joseph Avino | LLC Events | Profile | |
| Michael Rees | LLC Holdings | Profile | |
| Scott Sheikh | COO Counsel | Profile | |
| John Maatta | CEO Director | Profile | |
| Alan CPA | Chief Officer | Profile | |
| Peter Katz | LLC Events | Profile |
Still Interested in Creek Road Miners?
Investing in delisted otcs can be risky, as the otc stock is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.