Graphex Group Correlations

GRFX Stock

USD 0.28 0.04 12.50%

The current 90-days correlation between Graphex Group Limited and Leading Edge Materials is 0.03 (i.e., Significant diversification). The correlation of Graphex Group 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. If the correlation is 0, the equities are not correlated; they are entirely random.

Graphex Group Correlation With Market

Significant diversification

The correlation between Graphex Group Limited and DJI is 0.07 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Graphex Group Limited and DJI in the same portfolio, assuming nothing else is changed.

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Graphex Group Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

Moving together with Graphex Stock

0.69	NVA	Nova Minerals Limited	Pair Corr
0.63	NVAWW	Nova Minerals Limited	Pair Corr
0.65	LITM	Snow Lake Resources	Pair Corr
0.65	ABAT	American Battery Tec Buyout Trend	Pair Corr

Moving against Graphex Stock

0.49	RIO	Rio Tinto ADR	Pair Corr
0.46	VALE	Vale SA ADR	Pair Corr
0.46	BHP	BHP Group Limited	Pair Corr
0.36	MP	MP Materials Corp	Pair Corr
0.55	MT	ArcelorMittal SA ADR	Pair Corr
0.47	NIOBW	NioCorp Developments	Pair Corr
0.43	DC	Dakota Gold Corp	Pair Corr
0.42	USARW	USARW Symbol Change	Pair Corr
0.39	DD	Dupont De Nemours	Pair Corr
0.38	AU	AngloGold Ashanti plc	Pair Corr
0.37	CX	Cemex SAB de Buyout Trend	Pair Corr

Related Correlations Analysis

	LEMIF	LMMFF	ARRRF	BLSTF	CYLYF	BSRUF	MCHHF	RKMSF	HUDRF
LEMIF		-0.83	0.76	0.62	0.41	0.0	-0.73	0.1	0.21	LEMIF
LMMFF	-0.83		-0.63	-0.61	-0.51	0.0	0.68	0.04	-0.34	LMMFF
ARRRF	0.76	-0.63		0.6	0.25	0.0	-0.74	-0.26	-0.06	ARRRF
BLSTF	0.62	-0.61	0.6		0.05	0.0	-0.57	0.13	0.24	BLSTF
CYLYF	0.41	-0.51	0.25	0.05		0.0	-0.29	-0.09	0.12	CYLYF
BSRUF	0.0	0.0	0.0	0.0	0.0		0.0	0.0	0.0	BSRUF
MCHHF	-0.73	0.68	-0.74	-0.57	-0.29	0.0		0.27	0.01	MCHHF
RKMSF	0.1	0.04	-0.26	0.13	-0.09	0.0	0.27		0.14	RKMSF
HUDRF	0.21	-0.34	-0.06	0.24	0.12	0.0	0.01	0.14		HUDRF
	LEMIF	LMMFF	ARRRF	BLSTF	CYLYF	BSRUF	MCHHF	RKMSF	HUDRF

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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

ARRRF	+ 0.76	LEMIF
MCHHF	+ 0.68	LMMFF
BLSTF	+ 0.62	LEMIF
BLSTF	+ 0.6	ARRRF
CYLYF	+ 0.41	LEMIF
RKMSF	+ 0.27	MCHHF

High negative correlations

LMMFF	- 0.83	LEMIF
MCHHF	- 0.74	ARRRF
MCHHF	- 0.73	LEMIF
ARRRF	- 0.63	LMMFF
BLSTF	- 0.61	LMMFF
MCHHF	- 0.57	BLSTF

Risk-Adjusted Indicators

There is a big difference between Graphex Stock performing well and Graphex Group 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 Graphex Group'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
LEMIF	8.83	2.57	0.25	1.09	8.01	(10.89)	27.91	(14.29)	67.21
LMMFF	2.98	(0.77)	0.00	0.58	0.00	0.00	6.14	(5.94)	66.54
ARRRF	3.92	0.53	0.06	0.72	4.22	(9.14)	12.50	(10.00)	35.07
BLSTF	8.81	2.88	0.00	(0.43)	0.00	0.00	16.13	0.00	235.12
CYLYF	14.27	2.88	0.09	(2.22)	16.45	(34.20)	56.25	(30.00)	156.24
BSRUF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
MCHHF	0.62	(0.34)	0.00	2.18	0.00	0.00	0.00	0.00	12.00
RKMSF	2.97	0.33	0.00	(25.02)	0.00	0.00	7.69	(6.25)	66.88
HUDRF	5.60	0.76	0.04	(0.87)	8.10	(17.60)	12.83	(10.97)	74.52

Graphex Group Corporate Executives

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

	Ka Kwok	CFO Secretary	Profile
	Raphael CA	CFO Technologies	Profile

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