Fission Uranium Correlations

FCUUF Stock

USD 0.61 0.01 1.67%

The current 90-days correlation between Fission Uranium Corp and enCore Energy Corp is 0.35 (i.e., Weak diversification). The correlation of Fission Uranium 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.

Fission Uranium Correlation With Market

Average diversification

The correlation between Fission Uranium Corp and DJI is 0.19 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Fission Uranium Corp and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to Fission Uranium could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fission Uranium 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 Fission Uranium - 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 Fission Uranium Corp to buy it.

Moving together with Fission OTC Stock

0.73

MCD

McDonalds Fiscal Year End 3rd of February 2025

Pair Corr

Moving against Fission OTC Stock

0.35	JPM	JPMorgan Chase Sell-off Trend	Pair Corr
0.34	BAC	Bank of America Aggressive Push	Pair Corr

Related Correlations Analysis

	PTUUF	GVXXF	BSENF	EU	ELVUF	ISENF	ANLDF	LMRXF
PTUUF		0.17	-0.06	0.21	0.13	0.32	0.52	0.55	PTUUF
GVXXF	0.17		0.12	0.73	0.79	0.66	0.37	0.51	GVXXF
BSENF	-0.06	0.12		0.11	0.31	0.12	-0.24	-0.39	BSENF
EU	0.21	0.73	0.11		0.78	0.89	0.53	0.64	EU
ELVUF	0.13	0.79	0.31	0.78		0.69	0.34	0.41	ELVUF
ISENF	0.32	0.66	0.12	0.89	0.69		0.68	0.66	ISENF
ANLDF	0.52	0.37	-0.24	0.53	0.34	0.68		0.86	ANLDF
LMRXF	0.55	0.51	-0.39	0.64	0.41	0.66	0.86		LMRXF
	PTUUF	GVXXF	BSENF	EU	ELVUF	ISENF	ANLDF	LMRXF

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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

ISENF	+ 0.89	EU
LMRXF	+ 0.86	ANLDF
ELVUF	+ 0.79	GVXXF
ELVUF	+ 0.78	EU
EU	+ 0.73	GVXXF
ISENF	+ 0.69	ELVUF

High negative correlations

LMRXF	- 0.39	BSENF
ANLDF	- 0.24	BSENF
BSENF	- 0.06	PTUUF

Risk-Adjusted Indicators

There is a big difference between Fission OTC Stock performing well and Fission Uranium 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 Fission Uranium'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
PTUUF	5.79	0.09	(0.01)	(0.03)	6.28	(8.71)	11.76	(11.11)	26.97
GVXXF	7.23	0.60	0.04	(5.75)	9.04	(9.12)	16.00	(12.00)	114.51
BSENF	4.81	(0.56)	0.00	(0.61)	0.00	0.00	11.11	(11.22)	36.36
EU	2.82	(0.07)	0.01	0.09	3.18	(3.48)	5.29	(4.62)	17.29
ELVUF	5.37	0.02	0.01	0.14	6.36	(9.53)	11.54	(14.29)	52.86
ISENF	3.05	0.02	0.01	0.15	3.30	(3.54)	7.48	(4.25)	18.52
ANLDF	5.72	1.04	0.07	1.36	5.77	(18.32)	20.00	(12.50)	52.50
LMRXF	3.54	0.55	0.10	4.93	3.15	(5.65)	8.82	(5.56)	22.22

Be your own money manager

Our tools can tell you how much better you can do entering a position in Fission Uranium 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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Fission Uranium Corporate Management

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

BSc PGeo	Technical CEO	Profile
Gary Haywood	VP Devel	Profile
CGA CPA	Chief Officer	Profile
Bob Hemmerling	Sr Relations	Profile

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