Matador Mining Correlations
| MZZMFDelisted Stock | USD 0.06 0.00 0.00% |
The current 90-days correlation between Matador Mining and Rio2 Limited is 0.21 (i.e., Modest diversification). The correlation of Matador 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.
Matador Mining Correlation With Market
Good diversification
The correlation between Matador Mining Limited and DJI is -0.09 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Matador Mining Limited and DJI in the same portfolio, assuming nothing else is changed.
Matador |
The ability to find closely correlated positions to Matador 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 Matador 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 Matador 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 Matador Mining Limited to buy it.
Moving together with Matador OTC Stock
Moving against Matador OTC Stock
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
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Risk-Adjusted Indicators
There is a big difference between Matador OTC Stock performing well and Matador 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 Matador 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| RIOFF | 2.42 | 0.32 | 0.06 | 16.98 | 2.24 | 5.77 | 16.67 | |||
| AIRRF | 2.30 | (0.05) | (0.03) | 0.01 | 2.93 | 5.13 | 15.14 | |||
| NRRSF | 6.39 | 1.97 | 0.19 | (0.87) | 4.64 | 18.16 | 59.70 | |||
| MMRGF | 4.52 | (0.24) | 0.00 | (0.11) | 0.00 | 7.14 | 26.90 | |||
| AGDXF | 2.99 | 1.56 | 0.00 | (0.88) | 0.00 | 0.00 | 100.00 | |||
| RDEXF | 3.72 | 0.32 | 0.04 | 1.51 | 4.20 | 10.00 | 44.63 | |||
| CRDOF | 4.98 | 0.95 | 0.12 | (4.36) | 4.33 | 13.33 | 38.50 | |||
| OSIIF | 0.70 | 0.10 | (0.01) | 2.72 | 0.83 | 1.60 | 6.84 | |||
| MEAUF | 2.14 | (0.06) | 0.00 | 0.21 | 0.00 | 3.85 | 16.09 | |||
| MAIFF | 3.59 | 0.35 | 0.01 | (0.14) | 3.85 | 8.70 | 32.05 |
Matador Mining Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Matador Mining otc stock to make a market-neutral strategy. Peer analysis of Matador Mining could also be used in its relative valuation, which is a method of valuing Matador Mining by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Matador Mining Corporate Management
Elected by the shareholders, the Matador Mining's board of directors comprises two types of representatives: Matador Mining inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Matador. The board's role is to monitor Matador Mining's management team and ensure that shareholders' interests are well served. Matador 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, Matador Mining's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Carol AGIA | Joint Sec | Profile | |
| Warren Potma | Chief Mang | Profile | |
| LLB AGIA | Joint Sec | Profile | |
| Sam PEng | CEO MD | Profile | |
| BSc CMA | Chief Officer | Profile | |
| BCom MAICD | Ex Chairman | Profile | |
| ACIS LLB | Joint Sec | Profile |
Still Interested in Matador Mining Limited?
Investing in delisted otcs can be risky, as the otc stock is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.