Tinka Resources Correlations
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The current 90-days correlation between Tinka Resources and Reyna Silver Corp is -0.01 (i.e., Good diversification). The correlation of Tinka 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.
Tinka Resources Correlation With Market
Average diversification
The correlation between Tinka Resources Limited and DJI is 0.12 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Tinka Resources Limited and DJI in the same portfolio, assuming nothing else is changed.
Tinka |
The ability to find closely correlated positions to Tinka 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 Tinka 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 Tinka 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 Tinka Resources Limited to buy it.
Moving together with Tinka OTC Stock
| 0.71 | GOEVW | Canoo Holdings | PairCorr |
| 0.71 | QLGN | Qualigen Therapeutics | PairCorr |
| 0.65 | SGD | Safe and Green | PairCorr |
| 0.7 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.7 | KO | Coca Cola Sell-off Trend | PairCorr |
Moving against Tinka OTC Stock
| 0.69 | ATCOL | Atlas Corp | PairCorr |
| 0.69 | PCTTW | PureCycle Technologies | PairCorr |
| 0.47 | ASTSW | AST SpaceMobile | PairCorr |
| 0.46 | GCMGW | GCM Grosvenor | PairCorr |
| 0.32 | MCHB | Mechanics Bank | PairCorr |
| 0.69 | BAC | Bank of America Aggressive Push | PairCorr |
| 0.69 | WMT | Walmart Aggressive Push | PairCorr |
| 0.66 | INTC | Intel Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.64 | JPM | JPMorgan Chase Sell-off Trend | PairCorr |
| 0.64 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
| 0.64 | T | ATT Inc Aggressive Push | PairCorr |
| 0.64 | CVX | Chevron Corp Fiscal Year End 7th of February 2025 | PairCorr |
| 0.61 | HPQ | HP Inc | PairCorr |
| 0.51 | CAT | Caterpillar Fiscal Year End 3rd of February 2025 | PairCorr |
| 0.46 | HD | Home Depot Sell-off Trend | PairCorr |
Related Correlations Analysis
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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 Tinka OTC Stock performing well and Tinka 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 Tinka 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| HAMRF | 12.24 | 1.28 | 0.07 | 0.77 | 15.59 | 31.58 | 148.02 | |||
| RSNVF | 4.30 | 0.10 | 0.00 | 0.06 | 0.00 | 9.09 | 29.09 | |||
| GSVRF | 4.23 | (0.30) | 0.00 | (0.43) | 0.00 | 9.52 | 25.10 | |||
| SLVRF | 3.82 | 0.04 | 0.00 | 0.07 | 0.00 | 10.00 | 19.52 | |||
| ISVLF | 4.70 | 0.28 | 0.01 | (0.38) | 4.71 | 13.33 | 35.86 | |||
| BADEF | 3.78 | (0.43) | 0.00 | (11.29) | 0.00 | 7.89 | 26.61 | |||
| DSVSF | 4.57 | 0.63 | 0.10 | 26.19 | 4.10 | 8.77 | 34.35 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Tinka Resources 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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Tinka Resources Corporate Management
Elected by the shareholders, the Tinka Resources' board of directors comprises two types of representatives: Tinka Resources inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Tinka. The board's role is to monitor Tinka Resources' management team and ensure that shareholders' interests are well served. Tinka 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, Tinka Resources' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Mariana Bermudez | Corporate Secretary | Profile | |
| Luis Giraldo | Exploration Mang | Profile | |
| Alvaro PGeo | VP Exploration | Profile | |
| FAUSIMM B | CEO Pres | Profile |