C2C Gold Correlations

CTCGF Stock

USD 0.08 0.01 10.50%

The current 90-days correlation between C2C Gold Corp and Vertiv Holdings Co is -0.03 (i.e., Good diversification). The correlation of C2C Gold 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.

The ability to find closely correlated positions to C2C Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace C2C Gold 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 C2C Gold - 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 C2C Gold Corp to buy it.

Moving together with C2C OTC Stock

0.73	ZIJMY	Zijin Mining Group	Pair Corr
0.72	ZIJMF	Zijin Mining Group	Pair Corr

Moving against C2C OTC Stock

0.73	NCMGY	Newcrest Mining	Pair Corr
0.72	NCMGF	Newcrest Mining	Pair Corr
0.53	NFPDF	Nissin Foods Holdings	Pair Corr
0.43	FUWAF	Furukawa Electric	Pair Corr

Related Correlations Analysis

	VRT	NDAQ	MCD	WMT	CAT	HPQ	VZ	INTC	BAC
VRT		0.84	0.29	0.9	0.83	0.85	0.0	0.88	0.86	VRT
NDAQ	0.84		-0.06	0.92	0.52	0.68	-0.17	0.71	0.93	NDAQ
MCD	0.29	-0.06		0.11	0.57	0.33	0.52	0.34	-0.02	MCD
WMT	0.9	0.92	0.11		0.65	0.73	0.05	0.75	0.86	WMT
CAT	0.83	0.52	0.57	0.65		0.83	0.2	0.88	0.57	CAT
HPQ	0.85	0.68	0.33	0.73	0.83		-0.03	0.81	0.78	HPQ
VZ	0.0	-0.17	0.52	0.05	0.2	-0.03		0.01	-0.27	VZ
INTC	0.88	0.71	0.34	0.75	0.88	0.81	0.01		0.72	INTC
BAC	0.86	0.93	-0.02	0.86	0.57	0.78	-0.27	0.72		BAC
	VRT	NDAQ	MCD	WMT	CAT	HPQ	VZ	INTC	BAC

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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

BAC	+ 0.93	NDAQ
WMT	+ 0.92	NDAQ
WMT	+ 0.9	VRT
INTC	+ 0.88	VRT
INTC	+ 0.88	CAT
BAC	+ 0.86	VRT

High negative correlations

BAC	- 0.27	VZ
VZ	- 0.17	NDAQ
MCD	- 0.06	NDAQ
VZ	- 0.03	HPQ
BAC	- 0.02	MCD
VZ	- 0.0	VRT

Risk-Adjusted Indicators

There is a big difference between C2C OTC Stock performing well and C2C Gold 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 C2C Gold'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
VRT	2.39	0.61	0.23	0.43	2.36	(2.65)	5.87	(4.39)	20.36
NDAQ	0.79	0.16	0.12	0.37	0.74	(0.90)	1.86	(1.73)	5.20
MCD	0.72	(0.02)	(0.05)	0.09	1.30	(0.65)	1.46	(1.18)	6.70
WMT	0.82	0.26	0.15	2.75	0.73	(0.96)	1.90	(1.27)	4.33
CAT	1.32	0.01	0.07	0.13	1.35	(1.39)	3.36	(2.13)	12.38
HPQ	1.31	0.03	0.02	0.15	1.62	(1.30)	2.22	(2.63)	6.13
VZ	0.98	0.12	0.00	1.61	1.30	(1.06)	2.16	(2.05)	8.86
INTC	2.36	0.04	0.07	0.14	2.58	(2.68)	6.36	(3.50)	18.29
BAC	1.08	0.10	0.17	0.19	0.66	(1.36)	2.19	(1.41)	9.84

Be your own money manager

Our tools can tell you how much better you can do entering a position in C2C Gold 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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C2C Gold Corporate Management

Elected by the shareholders, the C2C Gold's board of directors comprises two types of representatives: C2C Gold inside directors who are chosen from within the company, and outside directors, selected externally and held independent of C2C. The board's role is to monitor C2C Gold's management team and ensure that shareholders' interests are well served. C2C Gold'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, C2C Gold's outside directors are responsible for providing unbiased perspectives on the board's policies.

Chris PGeo	Chief Geologist	Profile
Doris Tam	Chief Officer	Profile
William MSc	Ex Chairman	Profile
Peter Bures	CEO Director	Profile

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