Arch Resources Correlations

ACCA Stock

EUR 138.05 0.75 0.54%

The current 90-days correlation between Arch Resources and Jacquet Metal Service is -0.06 (i.e., Good diversification). The correlation of Arch 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.

Arch Resources Correlation With Market

Average diversification

The correlation between Arch Resources and DJI is 0.13 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Arch Resources and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to Arch 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 Arch 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 Arch 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 Arch Resources to buy it.

Moving together with Arch Stock

0.62

DTE

Deutsche Telekom

Pair Corr

Moving against Arch Stock

0.31	9Y2	LABOCANNA SA ZY	Pair Corr
0.59	A2P	COPLAND ROAD CAPITAL	Pair Corr
0.36	1NN	Neinor Homes SA	Pair Corr

Related Correlations Analysis

	F2T	TF7A	XSFA	US8	I43	AZU	A9U	M8Z
F2T		0.14	0.2	0.23	-0.3	-0.03	0.1	0.0	F2T
TF7A	0.14		0.56	-0.58	-0.35	-0.55	0.51	0.0	TF7A
XSFA	0.2	0.56		-0.65	0.32	-0.66	0.77	0.0	XSFA
US8	0.23	-0.58	-0.65		-0.02	0.57	-0.45	0.0	US8
I43	-0.3	-0.35	0.32	-0.02		-0.1	0.32	0.0	I43
AZU	-0.03	-0.55	-0.66	0.57	-0.1		-0.54	0.0	AZU
A9U	0.1	0.51	0.77	-0.45	0.32	-0.54		0.0	A9U
M8Z	0.0	0.0	0.0	0.0	0.0	0.0	0.0		M8Z
	F2T	TF7A	XSFA	US8	I43	AZU	A9U	M8Z

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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

A9U	+ 0.77	XSFA
AZU	+ 0.57	US8
XSFA	+ 0.56	TF7A
A9U	+ 0.51	TF7A
I43	+ 0.32	XSFA
A9U	+ 0.32	I43

High negative correlations

AZU	- 0.66	XSFA
US8	- 0.65	XSFA
US8	- 0.58	TF7A
AZU	- 0.55	TF7A
A9U	- 0.54	AZU
A9U	- 0.45	US8

Risk-Adjusted Indicators

There is a big difference between Arch Stock performing well and Arch Resources 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 Arch 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
F2T	3.49	0.00	0.00	0.02	3.65	(4.81)	6.98	(7.14)	17.95
TF7A	1.04	0.12	0.08	1.23	1.04	(1.17)	2.40	(2.02)	9.02
XSFA	1.56	0.52	0.23	4.31	1.48	(2.18)	4.13	(2.65)	13.83
US8	2.54	(0.14)	0.00	0.36	0.00	0.00	5.30	(5.52)	20.89
I43	1.13	0.11	0.07	(1.28)	1.27	(1.29)	2.53	(2.33)	7.95
AZU	0.59	(0.01)	(0.03)	(0.03)	0.72	(0.75)	1.75	(1.37)	4.06
A9U	1.01	0.04	0.02	0.38	1.07	(1.71)	3.03	(2.07)	10.80
M8Z	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

Be your own money manager

Our tools can tell you how much better you can do entering a position in Arch 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.

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Arch Resources Corporate Management

Elected by the shareholders, the Arch Resources' board of directors comprises two types of representatives: Arch Resources inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Arch. The board's role is to monitor Arch Resources' management team and ensure that shareholders' interests are well served. Arch 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, Arch Resources' outside directors are responsible for providing unbiased perspectives on the board's policies.

John Eaves	Ex Chairman	Profile
John Ziegler	Sr Officer	Profile
Robert Jones	Advisor	Profile
Matthew Ferguson	VP Sales	Profile
John Lorson	VP Officer	Profile
Matthew Giljum	VP CFO	Profile
Paul Lang	Pres CEO	Profile

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