Mongolian Mining Correlations
| MOGLF Stock | USD 0.92 0.08 8.00% |
The current 90-days correlation between Mongolian Mining and Ramaco Resources is 0.1 (i.e., Average diversification). The correlation of Mongolian 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.
Mongolian Mining Correlation With Market
Significant diversification
The correlation between Mongolian Mining and DJI is 0.07 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Mongolian Mining and DJI in the same portfolio, assuming nothing else is changed.
Mongolian |
The ability to find closely correlated positions to Mongolian 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 Mongolian 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 Mongolian 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 Mongolian Mining to buy it.
Moving together with Mongolian OTC Stock
| 0.71 | HCC | Warrior Met Coal | PairCorr |
| 0.75 | CODQL | Coronado Global Resources | PairCorr |
| 0.65 | METCB | Ramaco Resources | PairCorr |
| 0.85 | CCARF | Colonial Coal Intern | PairCorr |
| 0.88 | HNHPF | Hon Hai Precision | PairCorr |
| 0.72 | DPSTF | Deutsche Post AG | PairCorr |
| 0.8 | 56585ABE1 | US56585ABE10 | PairCorr |
Moving against Mongolian OTC Stock
| 0.74 | WMT | Walmart Aggressive Push | PairCorr |
| 0.73 | AMZN | Amazon Inc Earnings Call This Week | PairCorr |
| 0.72 | CNVS | Cineverse Corp | PairCorr |
| 0.7 | CIEN | Ciena Corp | PairCorr |
| 0.7 | PDYN | Palladyne AI Corp Symbol Change | PairCorr |
| 0.67 | LRN | Stride Inc | PairCorr |
| 0.6 | NFLX | Netflix | PairCorr |
| 0.57 | DNA | Ginkgo Bioworks Holdings | PairCorr |
| 0.55 | TEAM | Atlassian Corp Plc Upward Rally | PairCorr |
| 0.53 | VFC | VF Corporation Earnings Call This Week | PairCorr |
| 0.52 | DUOL | Duolingo Tech Boost | PairCorr |
| 0.8 | TNRSF | Tenaris SA | PairCorr |
| 0.79 | RCAT | Red Cat Holdings | PairCorr |
| 0.75 | QBTS | D Wave Quantum Buyout Trend | PairCorr |
| 0.7 | SATX | SatixFy Communications | PairCorr |
Related Correlations Analysis
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Risk-Adjusted Indicators
There is a big difference between Mongolian OTC Stock performing well and Mongolian 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 Mongolian 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| AMR | 1.95 | (0.24) | 0.00 | (0.12) | 0.00 | 4.48 | 14.25 | |||
| HCC | 2.00 | (0.26) | 0.00 | (0.16) | 0.00 | 3.77 | 14.58 | |||
| METC | 2.99 | (0.11) | 0.00 | (0.05) | 0.00 | 7.56 | 19.55 | |||
| SXC | 1.74 | 0.11 | 0.08 | 0.15 | 1.55 | 4.91 | 24.26 | |||
| AREC | 4.87 | (0.52) | 0.00 | (0.22) | 0.00 | 10.92 | 51.15 |
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Our tools can tell you how much better you can do entering a position in Mongolian 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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Mongolian Mining Corporate Management
Elected by the shareholders, the Mongolian Mining's board of directors comprises two types of representatives: Mongolian Mining inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Mongolian. The board's role is to monitor Mongolian Mining's management team and ensure that shareholders' interests are well served. Mongolian 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, Mongolian Mining's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Uurtsaikh Dorjgotov | Chief Legal Officer and Executive VP | Profile | |
| Baasandorj Tsogoo | VP COO | Profile | |
| Tuvshinbayar Tagarvaa | VP Officer | Profile | |
| Bayarmaa Bazar | VP Exec | Profile |