Capstone Copper Correlations
| CSCCF Stock | USD 6.75 0.29 4.12% |
The current 90-days correlation between Capstone Copper Corp and Hudbay Minerals is 0.8 (i.e., Very poor diversification). The correlation of Capstone Copper 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.
Capstone Copper Correlation With Market
Modest diversification
The correlation between Capstone Copper Corp and DJI is 0.25 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Capstone Copper Corp and DJI in the same portfolio, assuming nothing else is changed.
Capstone |
The ability to find closely correlated positions to Capstone Copper could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Capstone Copper 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 Capstone Copper - 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 Capstone Copper Corp to buy it.
Moving together with Capstone OTC Stock
| 0.91 | FCX | Freeport McMoran Copper Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.84 | FQVLF | First Quantum Minerals | PairCorr |
| 0.72 | META | Meta Platforms Aggressive Push | PairCorr |
| 0.62 | PEG | Public Service Enterprise | PairCorr |
| 0.65 | WYNN | Wynn Resorts Limited | PairCorr |
Moving against Capstone OTC Stock
Related Correlations Analysis
| 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
|
Risk-Adjusted Indicators
There is a big difference between Capstone OTC Stock performing well and Capstone Copper 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 Capstone Copper'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| HBM | 2.26 | 0.08 | 0.02 | 0.21 | 2.92 | 4.23 | 15.90 | |||
| ERO | 2.31 | (0.51) | 0.00 | (0.62) | 0.00 | 5.24 | 15.44 | |||
| TGB | 2.69 | (0.23) | 0.00 | (0.08) | 0.00 | 5.66 | 22.48 | |||
| CPCPF | 10.65 | 3.34 | 0.33 | 135.77 | 7.32 | 30.00 | 106.20 | |||
| FQVLF | 2.52 | (0.01) | 0.01 | 0.11 | 3.44 | 5.99 | 17.44 | |||
| ARREF | 1.75 | (0.12) | 0.00 | (0.02) | 0.00 | 3.94 | 11.29 | |||
| ANFGF | 1.98 | (0.13) | 0.00 | 2.47 | 0.00 | 5.36 | 19.40 | |||
| CPPMF | 6.29 | 0.28 | 0.04 | 0.29 | 6.77 | 16.67 | 57.50 | |||
| SCCO | 1.81 | (0.08) | (0.05) | 0.00 | 2.46 | 3.54 | 13.86 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Capstone Copper 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 Sign In To Macroaxis Now
Sign In To MacroaxisSign in to explore Macroaxis' wealth optimization platform and fintech modules |
| All Next | Launch Module |
Capstone Copper Corporate Management
Elected by the shareholders, the Capstone Copper's board of directors comprises two types of representatives: Capstone Copper inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Capstone. The board's role is to monitor Capstone Copper's management team and ensure that shareholders' interests are well served. Capstone Copper'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, Capstone Copper's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Kettina Cordero | Director Communications | Profile | |
| PGeo Eng | Pres COO | Profile | |
| Peter Amelunxen | VP Services | Profile | |
| Ramanpreet Randhawa | CFO VP | Profile | |
| Wendy King | Gen ESG | Profile | |
| Jerrold Annett | VP Markets | Profile | |
| Darren Pylot | Ex Chair | Profile |