Marathon Gold Correlations

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

Related Correlations Analysis

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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   
EQXKNTNF
ORLAWDOFF
EQXWDOFF
KNTNFWDOFF
ORLAEQX
JGLDFIAUX
  
High negative correlations   
ORLACTGO
CTGOWDOFF
RSRBFCTGO
CTGOEQX
JGLDFCTGO
RSRBFKNTNF

Risk-Adjusted Indicators

There is a big difference between Marathon OTC Stock performing well and Marathon Gold 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 Marathon Gold'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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
IAUX  4.41  0.98  0.21 (3.57) 3.53 
 9.38 
 30.56 
KRRGF  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
WDOFF  1.73  0.26  0.10  0.67  2.21 
 3.34 
 9.13 
OSIIF  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
KNTNF  1.96  0.12  0.05  0.21  2.13 
 3.90 
 20.52 
EQX  2.74  0.32  0.10 (6.97) 2.85 
 5.98 
 17.72 
CTGO  3.00 (0.85) 0.00 (1.77) 0.00 
 5.72 
 26.55 
ORLA  2.22  0.77  0.26  1.09  2.34 
 5.75 
 13.05 
JGLDF  4.64  0.83  0.10  0.61  4.79 
 12.50 
 57.36 
RSRBF  1.86  0.00  0.00  0.00  2.78 
 5.95 
 19.55 

View Marathon Gold Related Equities

 Risk & Return  Correlation

Marathon Gold Corporate Management

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

Still Interested in Marathon Gold?

Investing in delisted otcs can be risky, as the otc stock is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.