Getchell Gold Correlations

GGLDF Stock

USD 0.25 0.01 3.85%

The current 90-days correlation between Getchell Gold Corp and Royal Road Minerals is -0.04 (i.e., Good diversification). The correlation of Getchell 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.

Getchell Gold Correlation With Market

Very weak diversification

The correlation between Getchell Gold Corp and DJI is 0.47 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Getchell Gold Corp and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to Getchell 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 Getchell 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 Getchell 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 Getchell Gold Corp to buy it.

Moving together with Getchell OTC Stock

0.64	AU	AngloGold Ashanti plc	Pair Corr
0.68	GOOG	Alphabet Class C Earnings Call This Week	Pair Corr
0.74	BMYMP	Bristol Myers Squibb Earnings Call This Week	Pair Corr
0.69	H	Hyatt Hotels	Pair Corr
0.65	CTKB	Cytek Biosciences	Pair Corr
0.73	MBGAF	Mercedes Benz Group	Pair Corr

Moving against Getchell OTC Stock

0.54	MSFT	Microsoft	Pair Corr
0.52	NVDA	NVIDIA Aggressive Push	Pair Corr

Related Correlations Analysis

	RRDMF	WTHVF	KAMRF	HWAUF	ALVLF	TSGZF	YGTFF	RGCCF	AMQFF	JGLDF
RRDMF		0.73	-0.68	0.39	0.69	0.64	0.59	0.21	0.77	-0.35	RRDMF
WTHVF	0.73		-0.79	0.66	0.81	0.8	0.59	0.23	0.58	-0.4	WTHVF
KAMRF	-0.68	-0.79		-0.43	-0.74	-0.62	-0.55	-0.35	-0.73	0.38	KAMRF
HWAUF	0.39	0.66	-0.43		0.69	0.78	0.64	-0.21	0.22	-0.48	HWAUF
ALVLF	0.69	0.81	-0.74	0.69		0.9	0.82	0.03	0.73	-0.55	ALVLF
TSGZF	0.64	0.8	-0.62	0.78	0.9		0.82	-0.12	0.58	-0.56	TSGZF
YGTFF	0.59	0.59	-0.55	0.64	0.82	0.82		-0.24	0.69	-0.51	YGTFF
RGCCF	0.21	0.23	-0.35	-0.21	0.03	-0.12	-0.24		0.2	0.3	RGCCF
AMQFF	0.77	0.58	-0.73	0.22	0.73	0.58	0.69	0.2		-0.32	AMQFF
JGLDF	-0.35	-0.4	0.38	-0.48	-0.55	-0.56	-0.51	0.3	-0.32		JGLDF
	RRDMF	WTHVF	KAMRF	HWAUF	ALVLF	TSGZF	YGTFF	RGCCF	AMQFF	JGLDF

Please upgrade your account to get full access to Macroaxis premium features

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

TSGZF	+ 0.9	ALVLF
YGTFF	+ 0.82	ALVLF
YGTFF	+ 0.82	TSGZF
ALVLF	+ 0.81	WTHVF
TSGZF	+ 0.8	WTHVF
TSGZF	+ 0.78	HWAUF

High negative correlations

KAMRF	- 0.79	WTHVF
ALVLF	- 0.74	KAMRF
AMQFF	- 0.73	KAMRF
KAMRF	- 0.68	RRDMF
TSGZF	- 0.62	KAMRF
JGLDF	- 0.56	TSGZF

Risk-Adjusted Indicators

There is a big difference between Getchell OTC Stock performing well and Getchell 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 Getchell 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
RRDMF	3.20	0.49	0.06	0.39	3.37	(11.09)	12.50	(7.14)	45.24
WTHVF	4.08	0.71	0.08	0.62	4.00	(10.38)	9.09	(8.33)	60.53
KAMRF	2.93	(0.81)	0.00	(0.69)	0.00	0.00	0.00	0.00	111.79
HWAUF	4.11	0.17	0.04	0.11	4.80	(5.90)	9.76	(6.12)	45.74
ALVLF	5.01	0.85	0.11	0.79	4.78	(8.41)	11.11	(9.09)	29.39
TSGZF	3.80	0.47	0.05	1.19	4.44	(7.88)	8.33	(8.33)	31.93
YGTFF	6.18	1.59	0.23	1.39	4.55	(11.33)	22.91	(9.78)	62.50
RGCCF	3.16	0.16	0.02	(0.23)	3.50	(5.64)	7.69	(6.90)	23.96
AMQFF	4.74	1.35	0.19	0.77	4.30	(7.68)	11.54	(7.69)	26.29
JGLDF	3.55	(0.15)	0.00	0.47	0.00	0.00	8.54	(8.16)	26.67

Be your own money manager

Our tools can tell you how much better you can do entering a position in Getchell 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.

Did you try this?

Run ETF Categories Now

ETF Categories

List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments

All Next

Launch Module

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2026 Macroaxis LLC