Atacama Resources Correlations

ACRL Stock

USD 0 0.0001 6.67%

The current 90-days correlation between Atacama Resources and Edison Cobalt Corp is 0.04 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Atacama Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Atacama Resources International moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Atacama Resources Correlation With Market

Average diversification

The correlation between Atacama Resources Internationa and DJI is 0.11 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Atacama Resources Internationa and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to Atacama 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 Atacama 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 Atacama 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 Atacama Resources International to buy it.

Moving together with Atacama Pink Sheet

0.61	HPQ	HP Inc Sell-off Trend	Pair Corr
0.66	MSFT	Microsoft	Pair Corr

Moving against Atacama Pink Sheet

0.65	TRV	The Travelers Companies	Pair Corr
0.6	JNJ	Johnson Johnson	Pair Corr
0.56	RIO	Rio Tinto ADR Earnings Call This Week	Pair Corr
0.51	XOM	Exxon Mobil Corp Earnings Call This Week	Pair Corr
0.49	MCD	McDonalds	Pair Corr
0.47	HROWM	Harrow Health, 11875	Pair Corr
0.46	WM	Waste Management	Pair Corr
0.44	INTC	Intel	Pair Corr
0.42	MMM	3M Company	Pair Corr

Related Correlations Analysis

	BBBMF	AUMTF	ADTLF	AHELF	ASHXF	EDDYF	CBRSF	AVRTF	APCDF	ALMTF
BBBMF		0.57	0.73	0.64	-0.66	-0.32	-0.66	0.0	0.0	0.72	BBBMF
AUMTF	0.57		0.73	0.81	-0.57	0.33	-0.63	0.0	0.0	0.65	AUMTF
ADTLF	0.73	0.73		0.76	-0.69	-0.13	-0.67	0.0	0.0	0.78	ADTLF
AHELF	0.64	0.81	0.76		-0.55	0.03	-0.62	0.0	0.0	0.79	AHELF
ASHXF	-0.66	-0.57	-0.69	-0.55		0.36	0.8	0.0	0.0	-0.73	ASHXF
EDDYF	-0.32	0.33	-0.13	0.03	0.36		0.28	0.0	0.0	-0.25	EDDYF
CBRSF	-0.66	-0.63	-0.67	-0.62	0.8	0.28		0.0	0.0	-0.78	CBRSF
AVRTF	0.0	0.0	0.0	0.0	0.0	0.0	0.0		0.0	0.0	AVRTF
APCDF	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0		0.0	APCDF
ALMTF	0.72	0.65	0.78	0.79	-0.73	-0.25	-0.78	0.0	0.0		ALMTF
	BBBMF	AUMTF	ADTLF	AHELF	ASHXF	EDDYF	CBRSF	AVRTF	APCDF	ALMTF

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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

AHELF	+ 0.81	AUMTF
CBRSF	+ 0.8	ASHXF
ALMTF	+ 0.79	AHELF
ALMTF	+ 0.78	ADTLF
AHELF	+ 0.76	ADTLF
ADTLF	+ 0.73	BBBMF

High negative correlations

ALMTF	- 0.78	CBRSF
ALMTF	- 0.73	ASHXF
ASHXF	- 0.69	ADTLF
CBRSF	- 0.67	ADTLF
CBRSF	- 0.66	BBBMF
ASHXF	- 0.66	BBBMF

Risk-Adjusted Indicators

There is a big difference between Atacama Pink Sheet performing well and Atacama 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 Atacama 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
BBBMF	7.01	2.08	0.09	3.81	6.71	(35.14)	18.75	(12.73)	141.87
AUMTF	0.25	0.11	0.00	(0.38)	0.00	0.00	0.00	0.00	8.33
ADTLF	1.69	0.18	0.05	0.34	1.90	(4.15)	5.56	(4.53)	15.47
AHELF	0.84	0.27	0.00	(0.73)	0.00	0.00	0.00	0.00	20.00
ASHXF	1.26	(0.21)	0.00	3.01	0.00	0.00	0.00	(8.33)	19.44
EDDYF	2.64	0.12	0.01	(0.17)	4.33	(12.62)	8.23	(10.46)	52.58
CBRSF	7.44	1.50	0.00	(4.29)	0.00	0.00	0.00	0.00	150.00
AVRTF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
APCDF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
ALMTF	5.18	1.73	0.29	0.88	4.40	(7.01)	12.99	(8.02)	51.49

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Our tools can tell you how much better you can do entering a position in Atacama 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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Atacama Resources Corporate Management

Joshua Dion	Pres Director	Profile
BMath CA	Chief Officer	Profile
Allan Flasch	Director CommunicationsDOM	Profile
Joseph Dion	CEO Chairman	Profile
Daniel Finch	Consultant	Profile
William McKay	VP Relations	Profile

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