St Augustine Correlations
| SAU Stock | CAD 0.09 0.01 6.25% |
The current 90-days correlation between St Augustine Gold and Northcliff Resources is 0.01 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as St Augustine moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if St Augustine Gold moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
St Augustine Correlation With Market
Modest diversification
The correlation between St Augustine Gold and DJI is 0.22 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding St Augustine Gold and DJI in the same portfolio, assuming nothing else is changed.
SAU |
The ability to find closely correlated positions to St Augustine could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace St Augustine 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 St Augustine - 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 St Augustine Gold to buy it.
Moving together with SAU Stock
| 0.71 | IE | Ivanhoe Energy | PairCorr |
| 0.64 | FDY | Faraday Copper Corp | PairCorr |
| 0.78 | RBA | Ritchie Bros Auctioneers | PairCorr |
Moving against SAU Stock
| 0.44 | INFM | Infinico Metals Corp | PairCorr |
| 0.38 | PNC-B | Postmedia Network Canada | PairCorr |
| 0.37 | CG | Centerra Gold | PairCorr |
| 0.33 | ORE | Orezone Gold Corp | PairCorr |
Related Correlations Analysis
| 0.53 | -0.63 | -0.28 | 0.57 | NCF | ||
| 0.53 | -0.47 | -0.22 | 0.65 | LPK | ||
| -0.63 | -0.47 | 0.15 | -0.58 | ANK | ||
| -0.28 | -0.22 | 0.15 | -0.23 | MMM | ||
| 0.57 | 0.65 | -0.58 | -0.23 | MGI | ||
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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 SAU Stock performing well and St Augustine 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 St Augustine'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| NCF | 10.43 | 1.70 | 0.08 | 2.83 | 10.16 | 25.00 | 78.57 | |||
| LPK | 2.68 | 0.43 | 0.00 | 1.04 | 0.00 | 16.67 | 45.00 | |||
| ANK | 4.26 | (0.36) | 0.00 | (0.05) | 0.00 | 11.11 | 36.67 | |||
| MMM | 1.21 | 0.10 | 0.00 | (1.21) | 0.00 | 0.00 | 36.67 | |||
| MGI | 13.80 | 4.08 | 0.12 | (5.39) | 10.69 | 66.67 | 150.00 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in St Augustine 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?
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St Augustine Corporate Management
Elected by the shareholders, the St Augustine's board of directors comprises two types of representatives: St Augustine inside directors who are chosen from within the company, and outside directors, selected externally and held independent of SAU. The board's role is to monitor St Augustine's management team and ensure that shareholders' interests are well served. St Augustine'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, St Augustine's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Cynthia Delfin | Chief Officer | Profile | |
| BA BAJD | Co Sec | Profile | |
| Michael Regino | Chief Officer | Profile | |
| Jess Yu | General Counsel | Profile |