National Graphite Correlations

NGRC Stock

USD 0.02 0.00 0.00%

The current 90-days correlation between National Graphite Corp and Ameriguard Security Services is -0.07 (i.e., Good diversification). The correlation of National Graphite 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.

National Graphite Correlation With Market

Average diversification

The correlation between National Graphite Corp 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 National Graphite Corp and DJI in the same portfolio, assuming nothing else is changed.

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

Moving against National Pink Sheet

0.53	CAT	Caterpillar	Pair Corr
0.5	AXP	American Express	Pair Corr
0.48	KO	Coca Cola	Pair Corr
0.45	BAC	Bank of America	Pair Corr
0.45	DD	Dupont De Nemours	Pair Corr
0.41	XOM	Exxon Mobil Corp Aggressive Push	Pair Corr
0.41	CSCO	Cisco Systems	Pair Corr
0.37	IRNRF	Iron Road Limited	Pair Corr
0.37	MCD	McDonalds	Pair Corr
0.36	MMM	3M Company	Pair Corr
0.35	IBM	International Business	Pair Corr

Related Correlations Analysis

	ADHI	AGSS	FORW	ARAT	AVVH	WNFT	LZGI	PLPL	MVCO	BDCM
ADHI		-0.54	-0.35	0.0	0.03	0.41	-0.4	-0.07	0.63	0.3	ADHI
AGSS	-0.54		0.52	0.0	-0.04	-0.23	0.29	0.04	-0.52	-0.34	AGSS
FORW	-0.35	0.52		0.0	-0.09	0.02	0.06	0.11	-0.5	0.26	FORW
ARAT	0.0	0.0	0.0		0.0	0.0	0.0	0.0	0.0	0.0	ARAT
AVVH	0.03	-0.04	-0.09	0.0		0.06	-0.01	0.19	0.12	-0.05	AVVH
WNFT	0.41	-0.23	0.02	0.0	0.06		-0.32	0.09	0.09	0.35	WNFT
LZGI	-0.4	0.29	0.06	0.0	-0.01	-0.32		0.21	-0.19	-0.48	LZGI
PLPL	-0.07	0.04	0.11	0.0	0.19	0.09	0.21		-0.04	-0.03	PLPL
MVCO	0.63	-0.52	-0.5	0.0	0.12	0.09	-0.19	-0.04		0.04	MVCO
BDCM	0.3	-0.34	0.26	0.0	-0.05	0.35	-0.48	-0.03	0.04		BDCM
	ADHI	AGSS	FORW	ARAT	AVVH	WNFT	LZGI	PLPL	MVCO	BDCM

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

MVCO	+ 0.63	ADHI
FORW	+ 0.52	AGSS
WNFT	+ 0.41	ADHI
BDCM	+ 0.35	WNFT
BDCM	+ 0.3	ADHI
LZGI	+ 0.29	AGSS

High negative correlations

AGSS	- 0.54	ADHI
MVCO	- 0.52	AGSS
MVCO	- 0.5	FORW
BDCM	- 0.48	LZGI
LZGI	- 0.4	ADHI
FORW	- 0.35	ADHI

Risk-Adjusted Indicators

There is a big difference between National Pink Sheet performing well and National Graphite 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 National Graphite'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
ADHI	20.70	6.83	0.22	0.65	13.42	(75.44)	85.71	(25.00)	349.47
AGSS	10.76	1.20	0.07	0.46	10.82	(25.16)	38.89	(26.78)	92.13
FORW	5.93	(0.36)	0.00	(0.13)	0.00	0.00	16.00	(13.46)	59.11
ARAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
AVVH	10.48	0.87	0.06	0.56	10.92	(15.42)	25.64	(20.41)	74.24
WNFT	5.41	0.87	0.08	(0.31)	5.27	(11.21)	17.07	(11.11)	55.32
LZGI	5.92	2.12	0.00	1.14	0.00	0.00	0.00	0.00	150.00
PLPL	92.56	41.81	0.00	1.84	0.00	0.00	0.00	0.00	1,100
MVCO	9.30	1.44	0.11	0.96	8.74	(14.89)	16.67	(15.38)	81.25
BDCM	5.79	0.65	0.00	0.72	0.00	0.00	0.00	(11.49)	163.93

Be your own money manager

Our tools can tell you how much better you can do entering a position in National Graphite 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 Pair Correlation Now

Pair Correlation

Compare performance and examine fundamental relationship between any two equity instruments

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