Real Matters Correlations

REAL Stock

CAD 5.80 0.10 1.69%

The current 90-days correlation between Real Matters and Blackline Safety Corp is 0.1 (i.e., Average diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Real Matters moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Real Matters moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Real Matters Correlation With Market

Modest diversification

The correlation between Real Matters and DJI is 0.21 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Real Matters and DJI in the same portfolio, assuming nothing else is changed.

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

Moving together with Real Stock

0.94	SOY	SunOpta	Pair Corr
0.67	FA	Fountain Asset Corp	Pair Corr

Moving against Real Stock

0.92	QBR-B	Quebecor	Pair Corr
0.91	SAP	Saputo Inc	Pair Corr
0.91	POW	Power	Pair Corr
0.88	NA	National Bank	Pair Corr
0.84	SOMA	Soma Gold Corp	Pair Corr
0.82	KEC	Kiwetinohk Energy Corp	Pair Corr
0.81	AX-UN	Artis Real Estate	Pair Corr
0.81	LGC	Lavras Gold Corp	Pair Corr
0.79	AOV	Amotiv Limited	Pair Corr
0.77	GMG	Graphene Manufacturing	Pair Corr
0.76	FFN	North American Financial	Pair Corr
0.74	GUD	Knight Therapeutics	Pair Corr
0.74	IMG	IAMGold	Pair Corr
0.71	PD	Precision Drilling	Pair Corr
0.71	BNE	Bonterra Energy Corp	Pair Corr
0.67	BLCO	Bausch Lomb Corp	Pair Corr
0.52	BRVO	Bravo Mining Corp	Pair Corr
0.49	DRT	DIRTT Environmental	Pair Corr
0.44	GRSL	GR Silver Mining	Pair Corr
0.39	PSI	Pason Systems	Pair Corr
0.32	NPR	North Peak Resources	Pair Corr
0.94	KBRA	Kubera Gold Corp	Pair Corr
0.9	QBR-A	Quebecor	Pair Corr
0.88	FRU	Freehold Royalties	Pair Corr
0.79	IAG	iA Financial	Pair Corr
0.77	TKO	Taseko Mines	Pair Corr
0.75	AVR	Avaron Mining Corp	Pair Corr
0.74	CBR	Cabral Gold	Pair Corr
0.73	STRR	Star Royalties	Pair Corr
0.6	CGG	China Gold International	Pair Corr
0.59	APGO	Apollo Silver Corp	Pair Corr
0.57	CCA	Cogeco Communications	Pair Corr
0.55	TPL	Tethys Petroleum	Pair Corr

Related Correlations Analysis

	BLN	TCS	CVO	CMG	TSAT	DND	QNC	XTRA	FLT	ONE
BLN		0.73	0.36	0.57	0.14	0.44	-0.76	0.21	0.55	-0.09	BLN
TCS	0.73		0.2	0.41	-0.13	0.28	-0.4	0.42	0.31	0.2	TCS
CVO	0.36	0.2		0.9	0.47	0.85	-0.35	0.42	0.69	0.08	CVO
CMG	0.57	0.41	0.9		0.35	0.88	-0.55	0.31	0.73	-0.01	CMG
TSAT	0.14	-0.13	0.47	0.35		0.41	0.02	0.27	0.75	0.37	TSAT
DND	0.44	0.28	0.85	0.88	0.41		-0.49	0.41	0.69	0.13	DND
QNC	-0.76	-0.4	-0.35	-0.55	0.02	-0.49		0.13	-0.31	0.44	QNC
XTRA	0.21	0.42	0.42	0.31	0.27	0.41	0.13		0.35	0.57	XTRA
FLT	0.55	0.31	0.69	0.73	0.75	0.69	-0.31	0.35		0.37	FLT
ONE	-0.09	0.2	0.08	-0.01	0.37	0.13	0.44	0.57	0.37		ONE
	BLN	TCS	CVO	CMG	TSAT	DND	QNC	XTRA	FLT	ONE

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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

CMG	+ 0.9	CVO
DND	+ 0.88	CMG
DND	+ 0.85	CVO
FLT	+ 0.75	TSAT
TCS	+ 0.73	BLN
FLT	+ 0.73	CMG

High negative correlations

QNC	- 0.76	BLN
QNC	- 0.55	CMG
QNC	- 0.49	DND
QNC	- 0.4	TCS
QNC	- 0.35	CVO
FLT	- 0.31	QNC

Risk-Adjusted Indicators

There is a big difference between Real Stock performing well and Real Matters 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 Real Matters' 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
BLN	1.11	(0.15)	0.00	(0.20)	0.00	0.00	2.14	(2.55)	8.29
TCS	1.49	(0.24)	0.00	(0.21)	0.00	0.00	2.83	(4.20)	9.69
CVO	2.32	(0.42)	0.00	(0.54)	0.00	0.00	4.22	(4.24)	32.61
CMG	1.32	(0.29)	0.00	(0.52)	0.00	0.00	2.33	(3.28)	7.68
TSAT	3.40	0.20	0.05	0.18	4.24	(3.32)	7.75	(8.06)	20.34
DND	5.03	(0.78)	0.00	(0.42)	0.00	0.00	8.23	(16.73)	54.37
QNC	7.37	2.21	0.29	0.62	6.87	(8.81)	21.71	(11.31)	48.16
XTRA	3.23	(0.10)	(0.01)	0.00	4.22	(4.27)	8.54	(5.97)	33.14
FLT	4.18	0.06	0.01	0.17	4.64	(5.03)	8.33	(8.20)	22.67
ONE	8.26	0.98	0.12	0.42	8.20	(10.55)	15.63	(16.09)	57.82

Be your own money manager

Our tools can tell you how much better you can do entering a position in Real Matters 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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Real Matters Corporate Management

Elected by the shareholders, the Real Matters' board of directors comprises two types of representatives: Real Matters inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Real. The board's role is to monitor Real Matters' management team and ensure that shareholders' interests are well served. Real Matters' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Real Matters' outside directors are responsible for providing unbiased perspectives on the board's policies.

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