Trilogy Metals Correlations

TMQ Stock

USD 5.14 0.58 10.14%

The current 90-days correlation between Trilogy Metals and Lithium Argentina AG is 0.07 (i.e., Significant diversification). The correlation of Trilogy Metals 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. If the correlation is 0, the equities are not correlated; they are entirely random.

Trilogy Metals Correlation With Market

Poor diversification

The correlation between Trilogy Metals and DJI is 0.74 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Trilogy Metals and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Trilogy Stock

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Trilogy Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.

To learn how to invest in Trilogy Stock, please use our How to Invest in Trilogy Metals guide.

Moving together with Trilogy Stock

0.76	AACA	AALBERTS IND	Pair Corr
0.66	LQK2	BLACK MAMMOTH METALS	Pair Corr
0.64	RSO	Ross Stores	Pair Corr
0.71	PZX	Ping An Insurance	Pair Corr
0.69	MSI	Mitsui Chemicals	Pair Corr
0.73	ASM	Australian Strategic	Pair Corr
0.73	MKA	Mkango Resources	Pair Corr
0.69	PEX	Peel Mining	Pair Corr
0.69	XCA	CREDIT AGRICOLE	Pair Corr
0.81	BRC	Blackrock Silver Corp	Pair Corr
0.72	LGLD	LG ELECTRONICS INC	Pair Corr
0.82	ECVT	Ecovyst	Pair Corr
0.67	SEH	SHIN ETSU CHEMICAL	Pair Corr
0.83	BAG	Blende Silver Corp	Pair Corr

Moving against Trilogy Stock

0.73	GEO	Empire Metals Limited	Pair Corr
0.62	YT2A	ATRESMEDIA	Pair Corr
0.58	T2G	TRADEGATE	Pair Corr
0.57	EMO	Emerita Resources Corp	Pair Corr
0.52	3TY	TITAN MACHINERY	Pair Corr
0.46	IMI	Infinity Mining	Pair Corr
0.36	ADC	Acdc Metals	Pair Corr
0.75	W9C	Constellation Software	Pair Corr
0.71	EM7A	EMPEROR ENT HOTEL	Pair Corr
0.62	E6Z	AECOM TECHNOLOGY Earnings Call This Week	Pair Corr
0.6	FEAM	5E Advanced Materials	Pair Corr
0.56	T6W	THAI BEVERAGE	Pair Corr
0.53	DY6	DY6 Metals	Pair Corr
0.33	GEL	Tangelo Games Corp	Pair Corr

Related Correlations Analysis

	LAR	NEXA	CMP	SLI	GTI	SGML	CPAC	TMC	GPRE	NB
LAR		0.92	0.9	0.77	-0.76	0.78	0.75	0.65	0.7	0.57	LAR
NEXA	0.92		0.95	0.78	-0.7	0.7	0.84	0.62	0.77	0.51	NEXA
CMP	0.9	0.95		0.72	-0.71	0.65	0.81	0.64	0.77	0.57	CMP
SLI	0.77	0.78	0.72		-0.36	0.85	0.76	0.8	0.35	0.37	SLI
GTI	-0.76	-0.7	-0.71	-0.36		-0.36	-0.56	-0.25	-0.77	-0.47	GTI
SGML	0.78	0.7	0.65	0.85	-0.36		0.75	0.63	0.26	0.24	SGML
CPAC	0.75	0.84	0.81	0.76	-0.56	0.75		0.55	0.52	0.23	CPAC
TMC	0.65	0.62	0.64	0.8	-0.25	0.63	0.55		0.34	0.67	TMC
GPRE	0.7	0.77	0.77	0.35	-0.77	0.26	0.52	0.34		0.55	GPRE
NB	0.57	0.51	0.57	0.37	-0.47	0.24	0.23	0.67	0.55		NB
	LAR	NEXA	CMP	SLI	GTI	SGML	CPAC	TMC	GPRE	NB

Please upgrade your account to get full access to Macroaxis premium features

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

CMP	+ 0.95	NEXA
NEXA	+ 0.92	LAR
CMP	+ 0.9	LAR
SGML	+ 0.85	SLI
CPAC	+ 0.84	NEXA
CPAC	+ 0.81	CMP

High negative correlations

GPRE	- 0.77	GTI
GTI	- 0.76	LAR
GTI	- 0.71	CMP
GTI	- 0.7	NEXA
CPAC	- 0.56	GTI
NB	- 0.47	GTI

Risk-Adjusted Indicators

There is a big difference between Trilogy Stock performing well and Trilogy Metals 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 Trilogy Metals' 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
LAR	3.93	0.72	0.15	1.07	4.18	(4.44)	9.25	(7.46)	23.79
NEXA	3.38	1.10	0.33	0.83	2.72	(4.15)	7.80	(5.00)	18.87
CMP	2.62	0.33	0.08	0.18	4.28	(2.69)	4.98	(3.43)	19.48
SLI	3.86	0.31	0.05	(3.58)	5.42	(3.67)	6.98	(9.50)	24.43
GTI	8.61	0.48	0.03	0.87	14.30	(9.66)	19.74	(10.95)	128.11
SGML	7.04	1.31	0.16	(3.08)	7.36	(8.06)	15.91	(14.10)	48.52
CPAC	2.70	0.95	0.35	(0.63)	1.88	(3.65)	4.20	(3.42)	57.41
TMC	5.78	(0.15)	0.00	(0.03)	0.00	0.00	13.46	(11.50)	37.07
GPRE	2.88	0.35	0.09	0.36	3.66	(3.10)	5.84	(5.05)	27.29
NB	5.65	(0.21)	0.00	(0.06)	0.00	0.00	12.26	(11.56)	32.82

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2026 Macroaxis LLC