Los Andes Correlations
| LSANF Stock | USD 5.54 0.53 10.58% |
The current 90-days correlation between Los Andes Copper and World Copper is -0.09 (i.e., Good diversification). The correlation of Los Andes 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.
Los Andes Correlation With Market
Average diversification
The correlation between Los Andes Copper and DJI is 0.13 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Los Andes Copper and DJI in the same portfolio, assuming nothing else is changed.
Los |
The ability to find closely correlated positions to Los Andes could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Los Andes 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 Los Andes - 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 Los Andes Copper to buy it.
Moving together with Los OTC Stock
| 0.75 | GOEVW | Canoo Holdings | PairCorr |
| 0.64 | BKRKF | PT Bank Rakyat | PairCorr |
| 0.62 | BKRKY | Bank Rakyat | PairCorr |
| 0.72 | PPERF | Bank Mandiri Persero | PairCorr |
| 0.7 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.64 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
Moving against Los OTC Stock
| 0.8 | PCTTW | PureCycle Technologies | PairCorr |
| 0.7 | PTAIF | PT Astra International | PairCorr |
| 0.64 | ATCOL | Atlas Corp | PairCorr |
| 0.57 | GCMGW | GCM Grosvenor | PairCorr |
| 0.55 | ASTSW | AST SpaceMobile | PairCorr |
| 0.52 | SSNLF | Samsung Electronics | PairCorr |
| 0.84 | WMT | Walmart Aggressive Push | PairCorr |
| 0.78 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.77 | CSCO | Cisco Systems Sell-off Trend | PairCorr |
| 0.76 | TRV | The Travelers Companies Fiscal Year End 17th of January 2025 | PairCorr |
| 0.72 | BAC | Bank of America Aggressive Push | PairCorr |
| 0.69 | CVX | Chevron Corp Sell-off Trend | PairCorr |
| 0.64 | HD | Home Depot | PairCorr |
| 0.62 | JPM | JPMorgan Chase Sell-off Trend | PairCorr |
| 0.62 | INTC | Intel Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.53 | HPQ | HP Inc | PairCorr |
| 0.37 | MSFT | Microsoft Aggressive Push | PairCorr |
| 0.31 | IBM | International Business Fiscal Year End 22nd of January 2025 | PairCorr |
Related Correlations Analysis
| 0.0 | -0.19 | -0.09 | 0.11 | WCUFF | ||
| 0.0 | 0.0 | 0.0 | 0.0 | CPORF | ||
| -0.19 | 0.0 | 0.27 | -0.06 | QCCUF | ||
| -0.09 | 0.0 | 0.27 | 0.13 | HHLKF | ||
| 0.11 | 0.0 | -0.06 | 0.13 | TVCCF | ||
| 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 Los OTC Stock performing well and Los Andes 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 Los Andes' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| WCUFF | 5.59 | 0.62 | 0.07 | (1.28) | 5.72 | 11.98 | 39.57 | |||
| CPORF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| QCCUF | 2.99 | (0.11) | 0.00 | 0.60 | 0.00 | 6.98 | 25.26 | |||
| HHLKF | 2.08 | (0.01) | 0.00 | 0.15 | 0.00 | 5.77 | 14.08 | |||
| TVCCF | 395.91 | 194.83 | 2.51 | 2.18 | 23.30 | 2,000 | 7,598 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Los Andes 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 Global Markets Map Now
Global Markets MapGet a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes |
| All Next | Launch Module |
Los Andes Corporate Management
Elected by the shareholders, the Los Andes' board of directors comprises two types of representatives: Los Andes inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Los. The board's role is to monitor Los Andes' management team and ensure that shareholders' interests are well served. Los Andes' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Los Andes' outside directors are responsible for providing unbiased perspectives on the board's policies.
| CPA CMA | Chief Officer | Profile | |
| Alejandro Cassi | Ma Affairs | Profile | |
| Antony Amberg | Chief Geologist | Profile | |
| Santiago Montt | Interim CEO | Profile | |
| Juan Benabarre | Head Devel | Profile | |
| Pedro Loch | Controller | Profile |