Anacortes Mining Correlations
| XYZFFDelisted Stock | USD 0.28 0.00 0.00% |
The correlation of Anacortes 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.
Anacortes Mining Correlation With Market
Significant diversification
The correlation between Anacortes Mining Corp and DJI is 0.09 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Anacortes Mining Corp and DJI in the same portfolio, assuming nothing else is changed.
Anacortes |
The ability to find closely correlated positions to Anacortes 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 Anacortes 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 Anacortes 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 Anacortes Mining Corp to buy it.
Moving against Anacortes OTC Stock
| 0.34 | DIS | Walt Disney Sell-off Trend | PairCorr |
| 0.32 | BAC | Bank of America Aggressive Push | 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
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Risk-Adjusted Indicators
There is a big difference between Anacortes OTC Stock performing well and Anacortes 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 Anacortes 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| MEAUF | 2.14 | (0.18) | 0.00 | (0.48) | 0.00 | 3.85 | 16.09 | |||
| LGDTF | 3.12 | (0.41) | 0.00 | 6.77 | 0.00 | 4.76 | 18.80 | |||
| MGDPF | 2.37 | (0.13) | 0.00 | (0.04) | 0.00 | 5.66 | 13.61 | |||
| LOMLF | 1.80 | (0.04) | 0.00 | (1.55) | 0.00 | 4.76 | 9.76 | |||
| GRXMF | 2.29 | (1.30) | 0.00 | (1.16) | 0.00 | 0.00 | 76.67 | |||
| GGXXF | 1.88 | (0.38) | 0.00 | (0.01) | 0.00 | 0.00 | 63.00 | |||
| HUMRF | 7.33 | (0.48) | 0.00 | 0.28 | 0.00 | 20.00 | 112.66 | |||
| TSRMF | 4.15 | 0.59 | 0.05 | (0.37) | 3.99 | 7.14 | 26.25 | |||
| OSIIF | 0.70 | 0.06 | (0.01) | 0.29 | 0.83 | 1.60 | 6.84 | |||
| AIRRF | 2.37 | 0.04 | 0.00 | 0.19 | 2.92 | 5.13 | 15.14 |
View Anacortes Mining Related Equities
| Risk & Return | Correlation |
Anacortes Mining Corporate Management
Elected by the shareholders, the Anacortes Mining's board of directors comprises two types of representatives: Anacortes Mining inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Anacortes. The board's role is to monitor Anacortes Mining's management team and ensure that shareholders' interests are well served. Anacortes 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, Anacortes Mining's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Steven Botts | Pres ATC | Profile | |
| PEng B | CEO Pres | Profile | |
| Christina McCarthy | VP Devel | Profile | |
| MBA CA | CFO Sec | Profile |
Still Interested in Anacortes 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.