Pulse Seismic Correlations

PSD Stock

CAD 3.80 0.03 0.78%

The current 90-days correlation between Pulse Seismic and Source Energy Services is 0.08 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Pulse Seismic moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pulse Seismic moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Pulse Seismic Correlation With Market

Very poor diversification

The correlation between Pulse Seismic and DJI is 0.85 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Pulse Seismic and DJI in the same portfolio, assuming nothing else is changed.

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

Moving together with Pulse Stock

0.85	ENB-PFV	Enbridge Pref 5	Pair Corr
0.77	ENB-PFC	Enbridge Pref 11	Pair Corr
0.88	ENB-PFU	Enbridge Pref L	Pair Corr
0.61	GOOG	Alphabet CDR	Pair Corr
0.61	GOOG	Alphabet CDR	Pair Corr
0.91	PGDC	Patagonia Gold Corp	Pair Corr
0.88	BCE	BCE Inc	Pair Corr
0.66	DAN	Arianne Phosphate	Pair Corr
0.75	BGI-UN	Brookfield Global	Pair Corr
0.8	AIM	Aimia Inc	Pair Corr
0.79	WAST	Waste Management CDR	Pair Corr
0.71	VCI	Vitreous Glass	Pair Corr
0.8	BTO	B2Gold Corp Earnings Call Today	Pair Corr
0.79	IPO	InPlay Oil Corp	Pair Corr
0.66	TRU	Trius Investments	Pair Corr
0.93	BPF-UN	Boston Pizza Royalties	Pair Corr
0.74	TUF	Honey Badger Silver	Pair Corr
0.94	MKO	Mako Mining Corp	Pair Corr
0.7	LOVE	Cannara Biotech	Pair Corr
0.84	TI	Titan Mining Corp	Pair Corr
0.78	NICU	Magna Mining	Pair Corr
0.83	EXE	Extendicare	Pair Corr
0.92	FTT	Finning International	Pair Corr
0.74	ETG	Entree Resources	Pair Corr

Moving against Pulse Stock

0.81	SAGE	Sage Potash Corp	Pair Corr
0.8	ENS-PA	E Split Corp	Pair Corr
0.79	MSFT	Microsoft CDR	Pair Corr
0.79	MSFT	Microsoft Corp CDR	Pair Corr
0.7	BRK	Berkshire Hathaway CDR	Pair Corr
0.58	AAPL	Apple CDR	Pair Corr
0.58	AAPL	Apple Inc CDR	Pair Corr
0.33	EBM	Eastwood Bio Medical	Pair Corr

Related Correlations Analysis

	SHLE	RECO	ACX	TPL	GTE	MGA	HME	QEC	BNE	MCB
SHLE		0.75	0.62	0.48	0.47	0.83	-0.13	-0.51	0.89	0.62	SHLE
RECO	0.75		0.1	0.18	-0.09	0.54	-0.53	-0.06	0.49	0.13	RECO
ACX	0.62	0.1		0.6	0.75	0.51	0.5	-0.77	0.74	0.64	ACX
TPL	0.48	0.18	0.6		0.61	0.5	0.18	-0.47	0.62	0.4	TPL
GTE	0.47	-0.09	0.75	0.61		0.64	0.56	-0.63	0.72	0.83	GTE
MGA	0.83	0.54	0.51	0.5	0.64		-0.07	-0.45	0.86	0.79	MGA
HME	-0.13	-0.53	0.5	0.18	0.56	-0.07		-0.37	0.11	0.36	HME
QEC	-0.51	-0.06	-0.77	-0.47	-0.63	-0.45	-0.37		-0.67	-0.64	QEC
BNE	0.89	0.49	0.74	0.62	0.72	0.86	0.11	-0.67		0.79	BNE
MCB	0.62	0.13	0.64	0.4	0.83	0.79	0.36	-0.64	0.79		MCB
	SHLE	RECO	ACX	TPL	GTE	MGA	HME	QEC	BNE	MCB

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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

BNE	+ 0.89	SHLE
BNE	+ 0.86	MGA
MGA	+ 0.83	SHLE
MCB	+ 0.83	GTE
MCB	+ 0.79	MGA
MCB	+ 0.79	BNE

High negative correlations

QEC	- 0.77	ACX
BNE	- 0.67	QEC
MCB	- 0.64	QEC
QEC	- 0.63	GTE
HME	- 0.53	RECO
QEC	- 0.51	SHLE

Risk-Adjusted Indicators

There is a big difference between Pulse Stock performing well and Pulse Seismic 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 Pulse Seismic'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
SHLE	2.36	0.65	0.23	0.82	2.30	(2.63)	5.56	(4.86)	16.97
RECO	4.85	0.96	0.17	0.73	4.91	(6.37)	13.79	(7.53)	51.23
ACX	2.17	0.29	0.08	(14.10)	2.68	(2.34)	4.46	(5.00)	12.63
TPL	5.20	0.84	0.08	(45.21)	6.27	(7.97)	16.15	(12.50)	60.16
GTE	3.24	0.37	0.06	(1.65)	4.55	(3.32)	5.96	(7.01)	22.05
MGA	4.66	0.79	0.13	1.19	4.91	(5.80)	10.53	(7.69)	36.67
HME	1.32	0.08	0.01	(0.15)	2.01	(1.62)	3.08	(2.09)	12.33
QEC	3.40	(0.01)	0.00	0.05	0.00	0.00	9.68	(6.90)	21.83
BNE	2.27	0.42	0.11	(6.66)	2.70	(2.55)	4.34	(3.97)	11.67
MCB	1.93	0.07	0.02	0.22	2.43	(2.03)	3.98	(3.66)	10.94

Be your own money manager

Our tools can tell you how much better you can do entering a position in Pulse Seismic 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.

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Pulse Seismic Corporate Management

Elected by the shareholders, the Pulse Seismic's board of directors comprises two types of representatives: Pulse Seismic inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Pulse. The board's role is to monitor Pulse Seismic's management team and ensure that shareholders' interests are well served. Pulse Seismic'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, Pulse Seismic's outside directors are responsible for providing unbiased perspectives on the board's policies.

Trevor Meier	VP of Sales and Marketing	Profile
James Ferguson	Pres Inc	Profile
Pierre Maurais	Controller	Profile
Catherine Samuel	Corporate Secretary	Profile

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