Osisko Mining Correlations
| OBNNFDelisted Stock | USD 3.51 0.00 0.00% |
The current 90-days correlation between Osisko Mining and K92 Mining is 0.09 (i.e., Significant diversification). The correlation of Osisko Mining 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.
Osisko |
The ability to find closely correlated positions to Osisko 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 Osisko 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 Osisko 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 Osisko Mining to buy it.
Moving together with Osisko Pink Sheet
| 0.62 | ATCOL | Atlas Corp | PairCorr |
| 0.65 | PCTTW | PureCycle Technologies | PairCorr |
| 0.73 | NVDA | NVIDIA | PairCorr |
| 0.64 | META | Meta Platforms Aggressive Push | PairCorr |
| 0.66 | PYPL | PayPal Holdings | PairCorr |
| 0.83 | CAT | Caterpillar Fiscal Year End 3rd of February 2025 | PairCorr |
| 0.64 | HD | Home Depot | PairCorr |
| 0.76 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
Moving against Osisko Pink Sheet
| 0.53 | CHKEL | Chesapeake Energy Symbol Change | PairCorr |
| 0.52 | LGCY | Legacy Education | PairCorr |
| 0.48 | CHKEZ | Chesapeake Energy Symbol Change | PairCorr |
| 0.48 | GOEVW | Canoo Holdings | PairCorr |
| 0.36 | MAPSW | WM Technology | PairCorr |
| 0.67 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.53 | JNJ | Johnson Johnson Fiscal Year End 28th of January 2025 | PairCorr |
| 0.52 | KO | Coca Cola Aggressive Push | PairCorr |
| 0.45 | PFE | Pfizer Inc Fiscal Year End 4th of February 2025 | PairCorr |
| 0.34 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
| 0.31 | PG | Procter Gamble | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Osisko Pink Sheet performing well and Osisko 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 Osisko 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| KNTNF | 2.18 | 0.48 | 0.11 | (0.59) | 2.24 | 5.11 | 22.74 | |||
| IAUX | 4.77 | (0.30) | 0.00 | (0.22) | 0.00 | 10.28 | 66.32 | |||
| CGLCF | 3.11 | (0.29) | 0.00 | (0.28) | 0.00 | 6.67 | 18.01 | |||
| TORXF | 2.24 | 0.18 | 0.01 | (0.44) | 3.14 | 5.28 | 21.22 | |||
| SICNF | 7.09 | 0.47 | 0.00 | (0.06) | 8.43 | 14.94 | 41.40 | |||
| RSRBF | 1.28 | (0.31) | 0.00 | 2.67 | 0.00 | 2.08 | 21.38 | |||
| HSTXF | 4.23 | 1.15 | 0.21 | 2.87 | 3.88 | 9.76 | 28.41 | |||
| IEGCF | 4.16 | 0.35 | 0.03 | (2.76) | 4.20 | 11.11 | 23.86 | |||
| WGLIF | 7.57 | 1.35 | 0.10 | (0.32) | 7.94 | 25.19 | 62.48 | |||
| SNWGF | 1.92 | (0.05) | (0.05) | (0.02) | 2.12 | 4.79 | 11.54 |
View Osisko Mining Related Equities
| Risk & Return | Correlation |
Osisko Mining Corporate Management
| Stewart Redwood | Consultant | Profile | |
| Lillian Mance | VP Sec | Profile | |
| Donald BA | Chief Officer | Profile | |
| BAEcn CA | Chief Officer | Profile | |
| Eng BSc | VP Exploration | Profile |
Still Interested in Osisko Mining?
Investing in delisted pink sheets can be risky, as the pink sheet 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.