GCM Mining Correlations
| TPRFFDelisted Stock | USD 2.59 0.04 1.52% |
The current 90-days correlation between GCM Mining Corp and Lucara Diamond Corp is -0.01 (i.e., Good diversification). The correlation of GCM Mining 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.
GCM Mining Correlation With Market
Good diversification
The correlation between GCM Mining Corp and DJI is -0.13 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding GCM Mining Corp and DJI in the same portfolio, assuming nothing else is changed.
GCM |
The ability to find closely correlated positions to GCM Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace GCM Mining 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 GCM Mining - 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 GCM Mining Corp to buy it.
Moving together with GCM OTC Stock
| 0.79 | CHKEL | Chesapeake Energy Symbol Change | PairCorr |
| 0.66 | CHKEZ | Chesapeake Energy Symbol Change | PairCorr |
| 0.76 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.64 | KO | Coca Cola Aggressive Push | PairCorr |
Moving against GCM OTC Stock
| 0.84 | NVDA | NVIDIA | PairCorr |
| 0.7 | ASTSW | AST SpaceMobile | PairCorr |
| 0.66 | PCTTW | PureCycle Technologies | PairCorr |
| 0.65 | BMYMP | Bristol Myers Squibb | PairCorr |
| 0.63 | ATCOL | Atlas Corp | PairCorr |
| 0.54 | GOOG | Alphabet Class C Aggressive Push | PairCorr |
| 0.46 | GCMGW | GCM Grosvenor | PairCorr |
| 0.42 | META | Meta Platforms Aggressive Push | PairCorr |
| 0.31 | AMZN | Amazon Inc Aggressive Push | PairCorr |
| 0.76 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
| 0.65 | CAT | Caterpillar Fiscal Year End 3rd of February 2025 | PairCorr |
| 0.65 | JPM | JPMorgan Chase Fiscal Year End 10th of January 2025 | PairCorr |
| 0.63 | BAC | Bank of America Fiscal Year End 10th of January 2025 | PairCorr |
| 0.61 | PYPL | PayPal Holdings | PairCorr |
| 0.59 | TRV | The Travelers Companies Fiscal Year End 17th of January 2025 | PairCorr |
| 0.47 | HD | Home Depot | PairCorr |
| 0.41 | DIS | Walt Disney | PairCorr |
| 0.37 | T | ATT Inc Fiscal Year End 22nd of January 2025 | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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
|
Risk-Adjusted Indicators
There is a big difference between GCM OTC Stock performing well and GCM Mining 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 GCM Mining'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SLVTF | 3.83 | 0.36 | 0.06 | 0.37 | 3.96 | 5.88 | 32.97 | |||
| DNCVF | 4.79 | 0.13 | 0.01 | 0.33 | 4.69 | 13.33 | 30.15 | |||
| SSVRF | 3.19 | (0.34) | 0.00 | 0.52 | 0.00 | 6.67 | 16.90 | |||
| ABBRF | 2.76 | 0.44 | 0.06 | (0.33) | 3.05 | 6.31 | 16.09 | |||
| BBBXF | 2.74 | (0.49) | 0.00 | 0.46 | 0.00 | 4.52 | 14.44 | |||
| THMG | 10.15 | 2.34 | 0.13 | (0.79) | 10.56 | 26.67 | 72.28 | |||
| LUCRF | 2.64 | 0.35 | 0.07 | 0.48 | 2.93 | 6.67 | 21.44 | |||
| GATO | 3.06 | 0.66 | 0.17 | (0.85) | 2.32 | 7.11 | 20.65 | |||
| TFPM | 1.38 | 0.11 | 0.00 | (15.72) | 1.66 | 3.53 | 10.26 |
GCM Mining Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with GCM Mining otc stock to make a market-neutral strategy. Peer analysis of GCM Mining could also be used in its relative valuation, which is a method of valuing GCM Mining by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
GCM Mining Corporate Management
Elected by the shareholders, the GCM Mining's board of directors comprises two types of representatives: GCM Mining inside directors who are chosen from within the company, and outside directors, selected externally and held independent of GCM. The board's role is to monitor GCM Mining's management team and ensure that shareholders' interests are well served. GCM Mining'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, GCM Mining's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Neil FCA | CEO Director | Profile | |
| CFA CFA | Ex CFO | Profile | |
| BA MBA | VP Relations | Profile | |
| Pamela Mark | VP Services | Profile | |
| Tyron PGeo | VP Markets | Profile | |
| MBA LLB | VP Sustainability | Profile | |
| Ashley LLB | Gen Sec | Profile |
Still Interested in GCM Mining Corp?
Investing in delisted otcs can be risky, as the otc stock is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.