Graystone Correlations

GYST Stock

USD 0 0.0002 10.00%

The current 90-days correlation between Graystone and American Helium is -0.01 (i.e., Good diversification). The correlation of Graystone 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. If the correlation is 0, the equities are not correlated; they are entirely random.

Graystone Correlation With Market

Good diversification

The correlation between Graystone and DJI is -0.07 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Graystone and DJI in the same portfolio, assuming nothing else is changed.

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

Moving together with Graystone Pink Sheet

0.68

GCMGW

GCM Grosvenor

Pair Corr

Moving against Graystone Pink Sheet

0.66	ATCOL	Atlas Corp	Pair Corr
0.61	EDVMF	Endeavour Mining Corp	Pair Corr
0.6	MFA	MFA Financial	Pair Corr
0.6	NXTC	NextCure	Pair Corr
0.59	SMEGF	Siemens Energy AG	Pair Corr
0.58	SITM	Sitime	Pair Corr
0.56	GM	General Motors Sell-off Trend	Pair Corr
0.56	GVA	Granite Construction	Pair Corr
0.56	PILBF	Pilbara Minerals	Pair Corr
0.55	CRH	CRH PLC ADR	Pair Corr
0.55	MATX	Matson Inc	Pair Corr
0.49	AXP	American Express	Pair Corr
0.37	PLAY	Dave Busters Enterta	Pair Corr
0.34	NKRKY	Nokian Tyres Plc	Pair Corr
0.67	PITAF	Poste Italiane SpA	Pair Corr
0.61	FOSL	Fossil Group	Pair Corr
0.6	VLY	Valley National Bancorp Earnings Call This Week	Pair Corr
0.6	BIIB	Biogen Inc	Pair Corr
0.59	FSBW	FS Bancorp Earnings Call This Week	Pair Corr
0.58	MH	McGraw Hill	Pair Corr
0.57	DVNHF	Frontier Services	Pair Corr
0.57	BNPQY	BNP Paribas SA	Pair Corr

Related Correlations Analysis

	SJRNF	GCRCF	MANVF	IGFFF	AHELF	SSYRF	MEDAF	ESXMF	WESMF	AUMC
SJRNF		0.0	-0.24	0.0	-0.18	-0.26	0.07	0.16	0.23	0.26	SJRNF
GCRCF	0.0		0.0	1.0	0.0	0.0	0.0	0.0	0.0	0.0	GCRCF
MANVF	-0.24	0.0		0.0	0.21	0.23	-0.12	-0.44	-0.63	-0.48	MANVF
IGFFF	0.0	1.0	0.0		0.0	0.0	0.0	0.0	0.0	0.0	IGFFF
AHELF	-0.18	0.0	0.21	0.0		0.34	0.44	0.37	0.12	0.21	AHELF
SSYRF	-0.26	0.0	0.23	0.0	0.34		-0.29	0.04	-0.28	-0.17	SSYRF
MEDAF	0.07	0.0	-0.12	0.0	0.44	-0.29		0.51	0.55	0.58	MEDAF
ESXMF	0.16	0.0	-0.44	0.0	0.37	0.04	0.51		0.72	0.87	ESXMF
WESMF	0.23	0.0	-0.63	0.0	0.12	-0.28	0.55	0.72		0.83	WESMF
AUMC	0.26	0.0	-0.48	0.0	0.21	-0.17	0.58	0.87	0.83		AUMC
	SJRNF	GCRCF	MANVF	IGFFF	AHELF	SSYRF	MEDAF	ESXMF	WESMF	AUMC

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

IGFFF	+ 1.0	GCRCF
AUMC	+ 0.87	ESXMF
AUMC	+ 0.83	WESMF
WESMF	+ 0.72	ESXMF
AUMC	+ 0.58	MEDAF
WESMF	+ 0.55	MEDAF

High negative correlations

WESMF	- 0.63	MANVF
AUMC	- 0.48	MANVF
ESXMF	- 0.44	MANVF
MEDAF	- 0.29	SSYRF
WESMF	- 0.28	SSYRF
SSYRF	- 0.26	SJRNF

Risk-Adjusted Indicators

There is a big difference between Graystone Pink Sheet performing well and Graystone 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 Graystone'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
SJRNF	63.42	34.64	0.52	(0.55)	15.49	(443.06)	24.10	(28.37)	1,898
GCRCF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
MANVF	1.19	(0.12)	0.00	(0.79)	0.00	0.00	2.73	0.00	39.23
IGFFF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
AHELF	50.82	25.61	0.00	(2.44)	0.00	0.00	5.00	0.00	1,702
SSYRF	22.51	4.75	0.14	(101.57)	19.76	(66.35)	53.50	(59.29)	402.77
MEDAF	10.82	2.85	0.24	1.19	8.09	(19.32)	30.00	(15.79)	92.26
ESXMF	10.76	4.03	0.00	1.19	0.00	0.00	0.00	0.00	300.00
WESMF	9.30	2.86	0.22	(2.40)	6.26	(24.60)	45.41	(13.62)	100.14
AUMC	4.99	1.41	0.13	(0.30)	4.68	(9.29)	19.75	(8.33)	42.11

Be your own money manager

Our tools can tell you how much better you can do entering a position in Graystone 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 Aroon Oscillator Now

Aroon Oscillator

Analyze current equity momentum using Aroon Oscillator and other momentum ratios

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