Vista Gold Correlations

VGZ Stock

USD 2.23 0.53 19.20%

The current 90-days correlation between Vista Gold and US Gold Corp is 0.55 (i.e., Very weak diversification). The correlation of Vista Gold 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.

Vista Gold Correlation With Market

Poor diversification

The correlation between Vista Gold and DJI is 0.71 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Vista Gold and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Vista Stock

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

For more information on how to buy Vista Stock please use our How to Invest in Vista Gold guide.

Moving together with Vista Stock

0.84	NG	NovaGold Resources	Pair Corr
0.87	SA	Seabridge Gold	Pair Corr
0.76	ATI	Allegheny Technologies Earnings Call This Week	Pair Corr
0.78	ZEUS	Olympic Steel	Pair Corr
0.86	HYMC	Hycroft Mining Holding	Pair Corr
0.9	AUGO	Aura Minerals Common	Pair Corr
0.74	ATCOL	Atlas Corp	Pair Corr
0.63	AXIA	AXIA Energia Symbol Change	Pair Corr
0.78	ARRJF	Arjo AB	Pair Corr
0.72	FNCHF	FINEOSHoldings Plc	Pair Corr
0.9	KGC	Kinross Gold	Pair Corr
0.72	ACN	Accenture plc	Pair Corr

Moving against Vista Stock

0.77	ADVWW	Advantage Solutions	Pair Corr
0.76	GCMGW	GCM Grosvenor	Pair Corr
0.67	MAPSW	WM Technology	Pair Corr
0.55	GOEVW	Canoo Holdings	Pair Corr
0.41	PCTTW	PureCycle Technologies	Pair Corr
0.59	ATMV	ATMV Old Symbol Change	Pair Corr
0.42	GBHPF	Global Hemp Group	Pair Corr

Related Correlations Analysis

	USAU	BGL	TRX	DC	GLDG	SMID	VOXR	FF	PLG	CTGO
USAU		-0.69	0.64	0.9	0.5	-0.07	0.71	-0.38	0.83	0.88	USAU
BGL	-0.69		-0.41	-0.73	-0.12	0.42	-0.61	0.75	-0.48	-0.69	BGL
TRX	0.64	-0.41		0.76	0.75	-0.06	0.72	-0.29	0.83	0.78	TRX
DC	0.9	-0.73	0.76		0.58	-0.1	0.89	-0.42	0.9	0.98	DC
GLDG	0.5	-0.12	0.75	0.58		0.05	0.56	-0.11	0.76	0.65	GLDG
SMID	-0.07	0.42	-0.06	-0.1	0.05		-0.32	0.69	-0.03	-0.08	SMID
VOXR	0.71	-0.61	0.72	0.89	0.56	-0.32		-0.45	0.87	0.88	VOXR
FF	-0.38	0.75	-0.29	-0.42	-0.11	0.69	-0.45		-0.24	-0.42	FF
PLG	0.83	-0.48	0.83	0.9	0.76	-0.03	0.87	-0.24		0.92	PLG
CTGO	0.88	-0.69	0.78	0.98	0.65	-0.08	0.88	-0.42	0.92		CTGO
	USAU	BGL	TRX	DC	GLDG	SMID	VOXR	FF	PLG	CTGO

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

CTGO	+ 0.98	DC
CTGO	+ 0.92	PLG
DC	+ 0.9	USAU
PLG	+ 0.9	DC
VOXR	+ 0.89	DC
CTGO	+ 0.88	USAU

High negative correlations

DC	- 0.73	BGL
CTGO	- 0.69	BGL
BGL	- 0.69	USAU
VOXR	- 0.61	BGL
PLG	- 0.48	BGL
FF	- 0.45	VOXR

Risk-Adjusted Indicators

There is a big difference between Vista Stock performing well and Vista Gold 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 Vista Gold'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
USAU	3.19	0.18	0.04	0.21	3.90	(3.73)	7.02	(6.01)	22.04
BGL	8.47	(0.48)	0.00	(0.88)	0.00	0.00	13.74	(16.33)	113.54
TRX	4.95	1.54	0.24	0.73	5.43	(6.27)	12.87	(8.00)	20.25
DC	2.89	0.62	0.18	0.36	2.94	(3.29)	5.90	(5.30)	26.64
GLDG	3.28	0.30	0.06	0.21	4.28	(3.97)	6.92	(7.25)	19.07
SMID	2.25	(0.18)	0.00	(0.08)	0.00	0.00	4.54	(5.17)	13.48
VOXR	2.45	0.37	0.14	0.35	2.50	(2.87)	5.36	(4.72)	12.04
FF	1.75	(0.32)	0.00	(2.09)	0.00	0.00	2.71	(3.98)	14.81
PLG	4.35	0.33	0.07	0.15	5.10	(5.07)	8.91	(6.73)	24.10
CTGO	2.69	0.46	0.11	0.49	3.48	(2.69)	6.50	(5.58)	14.02

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