Golden Agri-Resources Correlations

GARPF Stock

USD 0.20 0.01 5.26%

The current 90-days correlation between Golden Agri Resources and SLC Agricola SA is -0.09 (i.e., Good diversification). The correlation of Golden Agri-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.

Golden Agri-Resources Correlation With Market

Significant diversification

The correlation between Golden Agri Resources and DJI is 0.01 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Golden Agri Resources and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to Golden Agri-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 Golden Agri-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 Golden Agri-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 Golden Agri Resources to buy it.

Moving against Golden Pink Sheet

0.4	SPNT	Siriuspoint Normal Trading	Pair Corr
0.36	ISMAY	Indra Sistemas SA	Pair Corr
0.35	MENEF	Mene Inc	Pair Corr

Related Correlations Analysis

	WLMIY	SLCJY	LND	ALCO	GLGLF	EDBL	VITL	LOCL	GCEH	LMNR
WLMIY		0.78	0.24	0.2	0.0	-0.71	-0.76	0.26	-0.68	-0.76	WLMIY
SLCJY	0.78		0.34	0.11	0.0	-0.8	-0.69	0.1	-0.74	-0.67	SLCJY
LND	0.24	0.34		0.4	0.0	-0.25	0.12	-0.04	-0.39	-0.24	LND
ALCO	0.2	0.11	0.4		0.0	0.07	0.27	0.32	-0.29	-0.3	ALCO
GLGLF	0.0	0.0	0.0	0.0		0.0	0.0	0.0	0.0	0.0	GLGLF
EDBL	-0.71	-0.8	-0.25	0.07	0.0		0.69	-0.02	0.61	0.56	EDBL
VITL	-0.76	-0.69	0.12	0.27	0.0	0.69		-0.14	0.54	0.6	VITL
LOCL	0.26	0.1	-0.04	0.32	0.0	-0.02	-0.14		-0.27	-0.12	LOCL
GCEH	-0.68	-0.74	-0.39	-0.29	0.0	0.61	0.54	-0.27		0.67	GCEH
LMNR	-0.76	-0.67	-0.24	-0.3	0.0	0.56	0.6	-0.12	0.67		LMNR
	WLMIY	SLCJY	LND	ALCO	GLGLF	EDBL	VITL	LOCL	GCEH	LMNR

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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

SLCJY	+ 0.78	WLMIY
VITL	+ 0.69	EDBL
LMNR	+ 0.67	GCEH
GCEH	+ 0.61	EDBL
LMNR	+ 0.6	VITL
LMNR	+ 0.56	EDBL

High negative correlations

EDBL	- 0.8	SLCJY
LMNR	- 0.76	WLMIY
VITL	- 0.76	WLMIY
GCEH	- 0.74	SLCJY
EDBL	- 0.71	WLMIY
VITL	- 0.69	SLCJY

Risk-Adjusted Indicators

There is a big difference between Golden Pink Sheet performing well and Golden Agri-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 Golden Agri-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
WLMIY	1.07	0.17	0.15	1.43	1.26	(1.16)	2.61	(2.10)	8.24
SLCJY	1.63	0.08	0.03	0.22	2.66	(1.82)	3.54	(3.47)	19.41
LND	1.24	0.01	0.03	(0.20)	1.64	(1.26)	2.77	(3.23)	6.11
ALCO	1.66	0.24	0.16	0.45	1.43	(2.17)	3.50	(2.57)	23.20
GLGLF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EDBL	7.94	0.20	0.02	0.03	8.31	(12.02)	14.83	(16.67)	93.81
VITL	2.80	(0.21)	0.00	(0.16)	0.00	0.00	5.53	(7.36)	17.19
LOCL	4.14	0.82	0.22	(0.27)	3.82	(5.78)	6.54	(5.71)	88.92
GCEH	8.63	0.48	0.04	0.63	10.20	(11.85)	15.79	(18.78)	115.21
LMNR	1.71	(0.54)	0.00	(0.50)	0.00	0.00	2.61	(4.40)	16.69

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

Anita Neville	Chief Officer	Profile
Khoo Yeow	Chief Officer	Profile
Richard Fung	Director Relations	Profile
Paul Hickman	Head of Global Vegetable Oils and Oilseeds	Profile

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