K92 Mining Correlations
| KNTNF Stock | USD 6.45 0.02 0.31% |
The current 90-days correlation between K92 Mining and Karora Resources is 0.11 (i.e., Average diversification). The correlation of K92 Mining 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.
K92 Mining Correlation With Market
Good diversification
The correlation between K92 Mining and DJI is -0.06 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding K92 Mining and DJI in the same portfolio, assuming nothing else is changed.
K92 |
The ability to find closely correlated positions to K92 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 K92 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 K92 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 K92 Mining to buy it.
Moving together with K92 OTC Stock
| 0.78 | PCTTW | PureCycle Technologies | PairCorr |
| 0.81 | ASTSW | AST SpaceMobile | PairCorr |
| 0.77 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
| 0.69 | CAT | Caterpillar Fiscal Year End 3rd of February 2025 | PairCorr |
| 0.65 | T | ATT Inc Sell-off Trend | PairCorr |
| 0.66 | HPQ | HP Inc | PairCorr |
| 0.67 | HD | Home Depot | PairCorr |
Moving against K92 OTC Stock
| 0.81 | CHKEZ | Chesapeake Energy Symbol Change | PairCorr |
| 0.75 | MULN | Mullen Automotive | PairCorr |
| 0.75 | SGD | Safe and Green | PairCorr |
| 0.73 | CHKEL | Chesapeake Energy Symbol Change | PairCorr |
| 0.62 | GOEVW | Canoo Holdings | PairCorr |
| 0.6 | AHT | Ashford Hospitality Trust | PairCorr |
| 0.55 | MAPSW | WM Technology | PairCorr |
| 0.45 | QLGN | Qualigen Therapeutics | PairCorr |
| 0.32 | HMTLF | Hitachi Metals | PairCorr |
| 0.6 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.5 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
| 0.49 | KO | Coca Cola Aggressive Push | PairCorr |
Related Correlations Analysis
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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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between K92 OTC Stock performing well and K92 Mining 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 K92 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| IAUX | 4.63 | (0.17) | 0.00 | (0.02) | 0.00 | 10.28 | 66.32 | |||
| TSRMF | 4.15 | 0.40 | 0.05 | 1.33 | 3.99 | 7.14 | 26.25 | |||
| MEAUF | 2.14 | (0.21) | 0.00 | (0.28) | 0.00 | 3.85 | 16.09 | |||
| KRRGF | 1.69 | 0.33 | 0.09 | 2.45 | 2.00 | 3.44 | 11.18 | |||
| MGDPF | 2.37 | (0.03) | 0.00 | 0.80 | 0.00 | 5.66 | 13.61 | |||
| EQX | 2.46 | (0.13) | 0.00 | (0.13) | 0.00 | 5.70 | 18.48 | |||
| CTGO | 2.40 | (0.31) | 0.00 | (0.26) | 0.00 | 5.95 | 18.75 | |||
| ORLA | 2.31 | 0.08 | (0.01) | (1.55) | 2.95 | 5.58 | 18.89 | |||
| TORXF | 2.03 | 0.08 | (0.02) | (1.72) | 2.65 | 5.14 | 16.53 | |||
| DNGDF | 1.28 | 0.12 | 0.01 | 0.95 | 1.65 | 3.69 | 9.36 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in K92 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?
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K92 Mining Corporate Management
Elected by the shareholders, the K92 Mining's board of directors comprises two types of representatives: K92 Mining inside directors who are chosen from within the company, and outside directors, selected externally and held independent of K92. The board's role is to monitor K92 Mining's management team and ensure that shareholders' interests are well served. K92 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, K92 Mining's outside directors are responsible for providing unbiased perspectives on the board's policies.
| PEng CFA | VP Relations | Profile | |
| Christopher PGeo | VP Exploration | Profile | |
| Blanchet CA | Chief Officer | Profile | |
| Nancy Couvee | Co Sec | Profile | |
| Peter Plessis | Projects Affairs | Profile | |
| Warren Uyen | VP Operations | Profile |