Thinkpath Correlations

THPHF Stock  USD 0.0001  0.00  0.00%   
The correlation of Thinkpath 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.
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Moving together with Thinkpath Stock

  1.0WAXS World AccessPairCorr

Related Correlations Analysis


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

MPMLCFCC
ALCNCFCC
ALCNMPML
ATTOFAXPWQ
AXPWQMENI
CFCCMENI
  

High negative correlations

ATTOFBWOWF
BWOWFAXPWQ
PRGNFALCN
PRGNFATTOF
ALCNATTOF
PRGNFSYVN

Risk-Adjusted Indicators

There is a big difference between Thinkpath Stock performing well and Thinkpath 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 Thinkpath'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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
MENI  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
AXPWQ  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
CFCC  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
MPML  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
RAGL  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
BWOWF  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
SYVN  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
ATTOF  2.98  1.67  0.00 (0.66) 0.00 
 0.00 
 100.00 
ALCN  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
PRGNF  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 

Thinkpath Corporate Executives

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