First Energy Correlations

FEMFFDelisted Stock

USD 0.01 0 29.09%

The current 90-days correlation between First Energy Metals and Kraken Energy Corp is -0.05 (i.e., Good diversification). The correlation of First Energy 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.

First Energy Correlation With Market

Excellent diversification

The correlation between First Energy Metals and DJI is -0.65 (i.e., Excellent diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding First Energy Metals and DJI in the same portfolio, assuming nothing else is changed.

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

Moving together with First OTC Stock

0.82	MSFT	Microsoft	Pair Corr
0.82	HPQ	HP Inc Aggressive Push	Pair Corr

Moving against First OTC Stock

0.89	SMFG	Sumitomo Mitsui Financial	Pair Corr
0.88	SMFNF	Sumitomo Mitsui Financial	Pair Corr
0.8	RTNTF	Rio Tinto Group	Pair Corr
0.8	MFG	Mizuho Financial	Pair Corr
0.78	VALE	Vale SA ADR Aggressive Push	Pair Corr
0.77	RIO	Rio Tinto ADR	Pair Corr
0.76	RTPPF	Rio Tinto Group	Pair Corr
0.76	MBFJF	Mitsubishi UFJ Financial Earnings Call This Week	Pair Corr
0.76	MUFG	Mitsubishi UFJ Financial Earnings Call Next Week	Pair Corr
0.76	MZHOF	Mizuho Financial Normal Trading	Pair Corr
0.73	GLCNF	Glencore PLC	Pair Corr
0.73	GLNCY	Glencore PLC ADR	Pair Corr
0.7	BHP	BHP Group Limited	Pair Corr
0.65	BHPLF	BHP Group Limited	Pair Corr
0.62	KB	KB Financial Group Earnings Call Next Week	Pair Corr
0.51	SHG	Shinhan Financial	Pair Corr
0.88	MRK	Merck Company Earnings Call Tomorrow	Pair Corr
0.87	JNJ	Johnson Johnson	Pair Corr
0.8	AA	Alcoa Corp	Pair Corr
0.68	CAT	Caterpillar	Pair Corr
0.68	XOM	Exxon Mobil Corp Aggressive Push	Pair Corr
0.53	MCD	McDonalds	Pair Corr
0.5	CSCO	Cisco Systems Earnings Call Next Week	Pair Corr
0.46	KO	Coca Cola Aggressive Push	Pair Corr
0.45	INTC	Intel Aggressive Push	Pair Corr
0.31	TRV	The Travelers Companies	Pair Corr

Related Correlations Analysis

	GGTHF	BRYGF	PSDNF	HZLIF	RRRLF	AMMCF	ACLHF	UUSAF	HZMMF	TTLXF
GGTHF		0.05	-0.21	0.19	-0.05	0.1	0.43	-0.11	0.0	-0.14	GGTHF
BRYGF	0.05		-0.22	0.32	-0.03	0.49	0.16	0.1	0.0	0.01	BRYGF
PSDNF	-0.21	-0.22		-0.69	0.39	-0.45	-0.68	-0.53	0.0	-0.52	PSDNF
HZLIF	0.19	0.32	-0.69		-0.22	0.63	0.54	0.66	0.0	0.69	HZLIF
RRRLF	-0.05	-0.03	0.39	-0.22		-0.07	-0.4	-0.09	0.0	-0.06	RRRLF
AMMCF	0.1	0.49	-0.45	0.63	-0.07		0.21	0.26	0.0	0.15	AMMCF
ACLHF	0.43	0.16	-0.68	0.54	-0.4	0.21		0.44	0.0	0.4	ACLHF
UUSAF	-0.11	0.1	-0.53	0.66	-0.09	0.26	0.44		0.0	0.85	UUSAF
HZMMF	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0		0.0	HZMMF
TTLXF	-0.14	0.01	-0.52	0.69	-0.06	0.15	0.4	0.85	0.0		TTLXF
	GGTHF	BRYGF	PSDNF	HZLIF	RRRLF	AMMCF	ACLHF	UUSAF	HZMMF	TTLXF

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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

TTLXF	+ 0.85	UUSAF
TTLXF	+ 0.69	HZLIF
UUSAF	+ 0.66	HZLIF
AMMCF	+ 0.63	HZLIF
ACLHF	+ 0.54	HZLIF
AMMCF	+ 0.49	BRYGF

High negative correlations

HZLIF	- 0.69	PSDNF
ACLHF	- 0.68	PSDNF
UUSAF	- 0.53	PSDNF
TTLXF	- 0.52	PSDNF
AMMCF	- 0.45	PSDNF
ACLHF	- 0.4	RRRLF

Risk-Adjusted Indicators

There is a big difference between First OTC Stock performing well and First Energy 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 First Energy'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
GGTHF	73.54	38.29	0.70	(0.39)	19.75	(269.81)	41.56	(44.59)	1,923
BRYGF	39.05	20.37	0.00	(1.26)	0.00	0.00	0.00	0.00	0.00
PSDNF	5.71	(0.72)	0.00	0.31	0.00	0.00	0.00	(24.14)	199.51
HZLIF	12.16	3.21	0.15	(2.17)	11.86	(21.34)	46.73	(23.73)	122.10
RRRLF	6.36	0.19	0.02	0.11	8.28	(16.44)	19.61	(15.60)	66.83
AMMCF	474.66	255.24	0.00	(0.59)	0.00	0.00	0.00	0.00	15,905
ACLHF	15.81	4.86	0.29	17.77	12.31	(21.02)	31.06	(23.08)	235.00
UUSAF	10.92	1.91	0.16	(2.16)	9.78	(15.14)	30.17	(17.19)	79.19
HZMMF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
TTLXF	48.31	21.81	0.00	0.56	0.00	0.00	1.00	0.00	1,551

First Energy 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 First Energy otc stock to make a market-neutral strategy. Peer analysis of First Energy could also be used in its relative valuation, which is a method of valuing First Energy by comparing valuation metrics with similar companies.

Golden Goliath Resources Baroyeca Gold Silver Poseidon Nickel Limited Hertz Lithium Rockridge Resources Amur Minerals ACME Lithium Kraken Energy Corp Horizonte Minerals Plc Tantalex Resources American Airlines Group Alcoa Corp Apple Inc Best Buy Co Citigroup

Risk & Return

Correlation

First Energy Corporate Management

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

Alexander PGeo	Consultant	Profile
Gurminder BComm	CEO Pres	Profile
Darryl Drummond	Advisor	Profile
Darryl PEng	Advisor	Profile
Ronald Lang	Advisor	Profile
Jurgen Wolf	Corp CFO	Profile

Still Interested in First Energy Metals?

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.

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