CT Real Correlations
| CTRRF Stock | USD 12.16 0.07 0.58% |
The current 90-days correlation between CT Real Estate and First Capital Real is 0.18 (i.e., Average diversification). The correlation of CT Real 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.
CT Real Correlation With Market
Very poor diversification
The correlation between CT Real Estate and DJI is 0.8 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding CT Real Estate and DJI in the same portfolio, assuming nothing else is changed.
CTRRF |
The ability to find closely correlated positions to CT Real could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CT Real 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 CT Real - 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 CT Real Estate to buy it.
Moving together with CTRRF Pink Sheet
| 0.78 | EC | Ecopetrol SA ADR | PairCorr |
| 0.69 | TLOFF | Talon Metals Corp | PairCorr |
| 0.81 | CYD | China Yuchai Interna | PairCorr |
| 0.73 | JOE | St Joe Company | PairCorr |
| 0.67 | AES | AES Aggressive Push | PairCorr |
| 0.68 | TORO | Toro | PairCorr |
| 0.71 | NTZ | Natuzzi SpA | PairCorr |
| 0.62 | GAYMF | Galway Metals | PairCorr |
| 0.86 | YLLXF | Yellow Cake plc Downward Rally | PairCorr |
| 0.71 | ZDZT | Zhengduozhe Technology | PairCorr |
| 0.87 | TOGOF | TomaGold | PairCorr |
| 0.8 | FRSB | First Resource Bank | PairCorr |
| 0.63 | NNBR | NN Inc | PairCorr |
| 0.61 | BBDO | Banco Bradesco SA | PairCorr |
| 0.76 | UMAC | Unusual Machines | PairCorr |
| 0.77 | CAMZF | Camino Minerals | PairCorr |
Moving against CTRRF Pink Sheet
| 0.73 | OPINL | Office Properties Income | PairCorr |
| 0.49 | PTAIF | PT Astra International | PairCorr |
| 0.38 | WELL | Welltower Earnings Call This Week | PairCorr |
| 0.35 | 68233JBD5 | US68233JBD54 | PairCorr |
Related Correlations Analysis
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
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Risk-Adjusted Indicators
There is a big difference between CTRRF Pink Sheet performing well and CT Real Company 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 CT Real'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| FCXXF | 0.54 | 0.22 | 0.13 | (1.52) | 0.00 | 1.74 | 6.12 | |||
| CWYUF | 0.76 | 0.07 | 0.02 | 0.33 | 0.97 | 1.73 | 4.48 | |||
| FRZCF | 0.03 | (0.03) | 0.00 | 1.66 | 0.00 | 0.00 | 1.14 | |||
| BYLOF | 1.39 | (0.07) | 0.00 | (0.16) | 0.00 | 2.95 | 13.02 | |||
| DWVYF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| CTRGF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| ATTRF | 1.21 | 0.33 | 0.00 | (42.58) | 0.00 | 6.35 | 15.87 | |||
| ADZZF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| HNLGF | 0.23 | 0.10 | 0.00 | 1.09 | 0.00 | 0.00 | 7.87 | |||
| VGPBF | 0.54 | 0.07 | 0.00 | 0.54 | 0.00 | 1.77 | 11.77 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in CT Real 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?
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CT Real Corporate Management
| Kimberley Graham | Gen VP | Profile | |
| Kanistan Emmanuvel | Associate Investments | Profile | |
| Jane Shaw | VicePres Communications | Profile | |
| RPP MCIP | VicePres Estate | Profile | |
| Andrea Orzech | Associate Relations | Profile | |
| Marina Davies | Associate Relations | Profile |