Rokmaster Resources Correlations
| RKMSF Stock | USD 0.02 0 5.88% |
The current 90-days correlation between Rokmaster Resources Corp and Hudson Resources is -0.03 (i.e., Good diversification). The correlation of Rokmaster Resources 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.
Rokmaster Resources Correlation With Market
Good diversification
The correlation between Rokmaster Resources Corp and DJI is -0.02 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Rokmaster Resources Corp and DJI in the same portfolio, assuming nothing else is changed.
Rokmaster |
The ability to find closely correlated positions to Rokmaster Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Rokmaster Resources 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 Rokmaster Resources - 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 Rokmaster Resources Corp to buy it.
Moving together with Rokmaster OTC Stock
| 0.66 | CHKEZ | Chesapeake Energy Symbol Change | PairCorr |
Moving against Rokmaster OTC Stock
| 0.67 | KB | KB Financial Group | PairCorr |
| 0.6 | ASTSW | AST SpaceMobile | PairCorr |
| 0.58 | SSNLF | Samsung Electronics | PairCorr |
| 0.51 | SMFNF | Sumitomo Mitsui Financial Normal Trading | PairCorr |
| 0.44 | MZHOF | Mizuho Financial Normal Trading | PairCorr |
| 0.43 | ATCOL | Atlas Corp | PairCorr |
| 0.42 | MUFG | Mitsubishi UFJ Financial | PairCorr |
| 0.4 | MFG | Mizuho Financial | PairCorr |
| 0.38 | ADVWW | Advantage Solutions | PairCorr |
| 0.38 | PCTTW | PureCycle Technologies | PairCorr |
| 0.54 | BAC | Bank of America Fiscal Year End 10th of January 2025 | PairCorr |
| 0.51 | HPQ | HP Inc | PairCorr |
| 0.46 | TRV | The Travelers Companies Fiscal Year End 17th of January 2025 | PairCorr |
| 0.46 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
| 0.46 | XOM | Exxon Mobil Corp Sell-off Trend | PairCorr |
| 0.4 | HD | Home Depot | PairCorr |
| 0.37 | WMT | Walmart Aggressive Push | PairCorr |
| 0.35 | DIS | Walt Disney | PairCorr |
| 0.32 | IBM | International Business Fiscal Year End 22nd of January 2025 | PairCorr |
Related Correlations Analysis
| 0.36 | 0.12 | -0.14 | -0.55 | BSRUF | ||
| 0.36 | 0.08 | 0.32 | -0.18 | MCHHF | ||
| 0.12 | 0.08 | -0.03 | -0.2 | HUDRF | ||
| -0.14 | 0.32 | -0.03 | 0.06 | TGOLF | ||
| -0.55 | -0.18 | -0.2 | 0.06 | PMDRF | ||
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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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Rokmaster OTC Stock performing well and Rokmaster Resources 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 Rokmaster Resources' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BSRUF | 1.41 | 0.52 | 0.00 | 0.44 | 0.00 | 0.00 | 25.00 | |||
| MCHHF | 1.39 | 0.39 | 0.00 | (0.39) | 0.00 | 4.55 | 31.58 | |||
| HUDRF | 10.09 | 2.35 | 0.00 | 3.26 | 0.00 | 28.00 | 150.00 | |||
| TGOLF | 8.74 | 1.94 | 0.08 | (0.51) | 9.27 | 31.80 | 144.33 | |||
| PMDRF | 1.20 | (0.35) | 0.00 | (0.69) | 0.00 | 0.00 | 40.00 |
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Rokmaster Resources Corporate Management
Elected by the shareholders, the Rokmaster Resources' board of directors comprises two types of representatives: Rokmaster Resources inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Rokmaster. The board's role is to monitor Rokmaster Resources' management team and ensure that shareholders' interests are well served. Rokmaster Resources' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Rokmaster Resources' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Dennis CA | Corp CFO | Profile | |
| Michael Kordysz | Bus VP | Profile | |
| PEng Msc | Advisor Consultant | Profile | |
| Malek Connor | VP Exploration | Profile | |
| Richard Marquez | Consultant | Profile | |
| Mark PEng | Chief Consultant | Profile |