K92 Mining Correlations
| KNT Stock | CAD 12.06 0.07 0.58% |
The current 90-days correlation between K92 Mining and Calibre Mining Corp is 0.7 (i.e., Poor diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as K92 Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if K92 Mining moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
K92 Mining Correlation With Market
Modest diversification
The correlation between K92 Mining and DJI is 0.25 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding K92 Mining and DJI in the same portfolio, assuming nothing else is changed.
K92 |
The ability to find closely correlated positions to K92 Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace K92 Mining 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 K92 Mining - 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 K92 Mining to buy it.
Moving together with K92 Stock
| 0.61 | FDR | Flinders Resources | PairCorr |
| 0.84 | ORE | Orezone Gold Corp Earnings Call This Week | PairCorr |
| 0.73 | TD | Toronto Dominion Bank | PairCorr |
| 0.65 | BRK | Berkshire Hathaway CDR | PairCorr |
Moving against K92 Stock
| 0.74 | AAPL | Apple Inc CDR | PairCorr |
| 0.59 | IE | Ivanhoe Energy | PairCorr |
| 0.59 | MSFT | Microsoft Corp CDR | PairCorr |
| 0.42 | NVDA | NVIDIA CDR | PairCorr |
| 0.38 | GOOG | Alphabet CDR | PairCorr |
| 0.32 | AMZN | Amazon CDR | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between K92 Stock performing well and K92 Mining 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 K92 Mining'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CXB | 2.48 | 0.52 | 0.17 | 0.40 | 2.69 | 4.88 | 15.56 | |||
| WDO | 1.79 | 0.28 | 0.13 | 0.40 | 2.12 | 3.34 | 9.93 | |||
| EQX | 2.59 | 0.37 | 0.15 | 0.60 | 2.44 | 5.56 | 15.57 | |||
| OLA | 2.46 | 0.81 | 0.28 | 1.27 | 2.45 | 6.22 | 13.99 | |||
| SSRM | 2.31 | 0.71 | 0.28 | 0.56 | 2.07 | 4.98 | 16.59 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in K92 Mining 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.Did you try this?
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K92 Mining Corporate Management
Elected by the shareholders, the K92 Mining's board of directors comprises two types of representatives: K92 Mining inside directors who are chosen from within the company, and outside directors, selected externally and held independent of K92. The board's role is to monitor K92 Mining's management team and ensure that shareholders' interests are well served. K92 Mining'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, K92 Mining's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Christopher PGeo | Executive Exploration | Profile | |
| Mark Schubert | General Development | Profile | |
| John Lewins | CEO Director | Profile | |
| Blanchet CA | Chief Officer | Profile | |
| Nancy Couvee | Corporate Secretary | Profile | |
| Andrew Kohler | Interim Exploration | Profile |