G Mining Correlations
| GMIN Stock | 16.12 0.37 2.35% |
The current 90-days correlation between G Mining Ventures and CI Financial Corp is 0.13 (i.e., Average diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as G Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if G Mining Ventures moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
G Mining Correlation With Market
Average diversification
The correlation between G Mining Ventures and DJI is 0.12 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding G Mining Ventures and DJI in the same portfolio, assuming nothing else is changed.
GMIN |
The ability to find closely correlated positions to G Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace G Mining 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 G Mining - 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 G Mining Ventures to buy it.
Moving together with GMIN Stock
| 0.72 | TFPM | Triple Flag Precious | PairCorr |
| 0.9 | CGG | China Gold International | PairCorr |
| 0.66 | ARIS | Aris Gold Corp | PairCorr |
| 0.65 | SLS | Solaris Resources | PairCorr |
| 0.7 | ABX | Barrick Gold Corp | PairCorr |
| 0.68 | PGDC | Patagonia Gold Corp | PairCorr |
| 0.71 | WN-PD | George Weston 520 | PairCorr |
| 0.76 | NTR | Nutrien | PairCorr |
| 0.76 | PTFY | Plantify Foods | PairCorr |
| 0.91 | KIDZ | Kidoz Inc | PairCorr |
Moving against GMIN 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 GMIN Stock performing well and G Mining 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 G Mining'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BDT | 1.84 | (0.49) | 0.00 | (0.63) | 0.00 | 2.73 | 12.09 | |||
| CIX | 0.16 | 0.01 | 0.36 | 0.13 | 0.18 | 0.39 | 1.14 | |||
| TI | 3.42 | 0.04 | 0.03 | (0.12) | 3.84 | 7.69 | 23.61 | |||
| PEAK | 3.03 | 0.19 | 0.04 | 0.29 | 3.24 | 10.71 | 27.53 | |||
| FFH-PK | 0.47 | 0.08 | 0.24 | 0.99 | 0.42 | 1.17 | 2.71 | |||
| CM-PS | 0.24 | 0.00 | 0.21 | (0.01) | 0.31 | 0.56 | 1.69 | |||
| SLF-PC | 0.70 | 0.06 | 0.12 | 0.31 | 0.89 | 1.82 | 5.38 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in G Mining 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 Stock Screener Now
Stock ScreenerFind equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. |
| All Next | Launch Module |
G Mining Corporate Management
Elected by the shareholders, the G Mining's board of directors comprises two types of representatives: G Mining inside directors who are chosen from within the company, and outside directors, selected externally and held independent of GMIN. The board's role is to monitor G Mining's management team and ensure that shareholders' interests are well served. G Mining'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, G Mining's outside directors are responsible for providing unbiased perspectives on the board's policies.
| LLB LLB | VP Secretary | Profile | |
| Jessie MBA | Vice Communications | Profile | |
| Jessie Ernsting | Vice Relations | Profile | |
| Eduardo Leo | Vice Sustainability | Profile | |
| JulieAnais Debreil | Vice Resources | Profile |