Brookside Energy Correlations

RDFEF Stock

USD 0.28 0.00 0.00%

The current 90-days correlation between Brookside Energy and ENEOS Holdings is -0.02 (i.e., Good diversification). The correlation of Brookside Energy 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.

Brookside Energy Correlation With Market

Very good diversification

The correlation between Brookside Energy and DJI is -0.25 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Brookside Energy and DJI in the same portfolio, assuming nothing else is changed.

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

Moving against Brookside Pink Sheet

0.65	MBINN	Merchants Bancorp	Pair Corr
0.6	BHFAP	Brighthouse Financial	Pair Corr
0.54	HES	Hess	Pair Corr
0.5	ASX	ASE Industrial Holding	Pair Corr
0.48	OXY	Occidental Petroleum Earnings Call Today	Pair Corr
0.47	DAR	Darling Ingredients	Pair Corr
0.46	UEC	Uranium Energy Corp Aggressive Push	Pair Corr
0.45	CNQ	Canadian Natural Res Earnings Call Tomorrow	Pair Corr
0.44	CMWCF	Cromwell Property Earnings Call Tomorrow	Pair Corr
0.43	GAM	General American Inv	Pair Corr
0.43	MOG-A	Moog Inc	Pair Corr
0.41	ALEEF	Alerio Gold Corp	Pair Corr
0.35	COP	ConocoPhillips	Pair Corr
0.34	EQMEF	Equity Metals	Pair Corr
0.33	PDER	Pardee Resources	Pair Corr
0.63	HBANM	Huntington Bancshares	Pair Corr
0.58	CASY	Caseys General Stores	Pair Corr
0.58	DREUF	Dream Industrial Real	Pair Corr
0.57	AOZOY	Aozora Bank	Pair Corr
0.56	AWCA	Awaysis Capital	Pair Corr
0.54	PPCLY	PPC Ltd ADR	Pair Corr
0.51	CMTV	Community Bancorp Common	Pair Corr
0.51	RCIT	Reelcause	Pair Corr
0.51	ALL-PB	Allstate	Pair Corr

Related Correlations Analysis

	TRMLF	IPXHY	OMVJF	YZCAY	TNRSF	SSLZY	STOSF	JXHGF
TRMLF		0.48	0.34	0.28	0.61	0.6	0.48	0.44	TRMLF
IPXHY	0.48		0.86	0.85	0.78	0.91	0.78	0.95	IPXHY
OMVJF	0.34	0.86		0.77	0.7	0.8	0.8	0.88	OMVJF
YZCAY	0.28	0.85	0.77		0.76	0.83	0.68	0.91	YZCAY
TNRSF	0.61	0.78	0.7	0.76		0.88	0.67	0.83	TNRSF
SSLZY	0.6	0.91	0.8	0.83	0.88		0.8	0.9	SSLZY
STOSF	0.48	0.78	0.8	0.68	0.67	0.8		0.74	STOSF
JXHGF	0.44	0.95	0.88	0.91	0.83	0.9	0.74		JXHGF
	TRMLF	IPXHY	OMVJF	YZCAY	TNRSF	SSLZY	STOSF	JXHGF

Risk-Adjusted Indicators

There is a big difference between Brookside Pink Sheet performing well and Brookside Energy 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 Brookside Energy'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
TRMLF	1.20	0.09	0.00	(16.60)	1.38	(1.38)	2.74	(2.22)	8.46
IPXHY	1.52	0.24	0.09	0.38	2.01	(1.58)	3.48	(2.64)	11.66
OMVJF	0.38	0.17	0.00	(2.13)	0.00	0.00	0.49	0.00	8.09
YZCAY	1.79	0.33	0.08	(1.02)	1.97	(2.41)	4.93	(3.77)	10.04
TNRSF	0.52	0.06	0.00	0.18	0.00	0.00	0.00	0.00	12.23
SSLZY	1.54	0.17	0.06	0.51	1.76	(1.71)	3.45	(3.04)	10.20
STOSF	3.30	0.15	0.01	1.33	4.52	(3.69)	7.51	(8.54)	37.09
JXHGF	0.85	0.37	0.00	0.53	0.00	0.00	0.89	0.00	14.37

Be your own money manager

Our tools can tell you how much better you can do entering a position in Brookside Energy 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 Stocks Directory Now

Stocks Directory

Find actively traded stocks across global markets

All Next

Launch Module

Brookside Energy Corporate Management

Perry Gilstrap	Ex Operations	Profile
Grad BA	MD CEO	Profile
Katherine Garvey	Company Sec	Profile
Christopher Girouard	VP Land	Profile
CPA BBA	Chief Officer	Profile

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