St-Georges Eco-Mining Correlations
| SXOOF Stock | USD 0.03 0 6.06% |
The current 90-days correlation between St-Georges Eco-Mining and BCM Resources is 0.09 (i.e., Significant diversification). The correlation of St-Georges Eco-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.
St-Georges Eco-Mining Correlation With Market
Good diversification
The correlation between St Georges Eco Mining Corp and DJI is -0.08 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding St Georges Eco Mining Corp and DJI in the same portfolio, assuming nothing else is changed.
St-Georges |
The ability to find closely correlated positions to St-Georges Eco-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 St-Georges Eco-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 St-Georges Eco-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 St Georges Eco Mining Corp to buy it.
Moving against St-Georges OTC Stock
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| 0.44 | BHPLF | BHP Group Limited | PairCorr |
| 0.32 | RIO | Rio Tinto ADR | PairCorr |
| 0.31 | BHP | BHP Group Limited | PairCorr |
| 0.77 | CAT | Caterpillar Fiscal Year End 3rd of February 2025 | PairCorr |
| 0.74 | CSCO | Cisco Systems Sell-off Trend | PairCorr |
| 0.71 | T | ATT Inc Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.7 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.63 | TRV | The Travelers Companies Fiscal Year End 17th of January 2025 | PairCorr |
| 0.63 | WMT | Walmart Aggressive Push | PairCorr |
| 0.61 | HPQ | HP Inc | PairCorr |
| 0.55 | DIS | Walt Disney Sell-off Trend | PairCorr |
| 0.53 | IBM | International Business Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.49 | GE | GE Aerospace Fiscal Year End 28th of January 2025 | PairCorr |
| 0.39 | MCD | McDonalds Fiscal Year End 3rd of February 2025 | PairCorr |
| 0.33 | DD | Dupont De Nemours Fiscal Year End 4th of February 2025 | PairCorr |
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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between St-Georges OTC Stock performing well and St-Georges Eco-Mining 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 St-Georges Eco-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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| QNICF | 2.95 | (0.39) | 0.00 | (0.05) | 0.00 | 3.50 | 133.99 | |||
| IIDDY | 0.92 | 0.18 | 0.00 | 0.63 | 0.00 | 0.00 | 20.69 | |||
| AVRTF | 2.53 | (1.33) | 0.00 | (10.69) | 0.00 | 0.00 | 84.29 | |||
| ADTLF | 1.81 | 0.45 | 0.06 | 3.02 | 1.90 | 5.20 | 25.51 | |||
| BBBMF | 18.16 | 7.44 | 0.00 | 1.24 | 0.00 | 0.00 | 667.47 | |||
| ECORF | 5.38 | (0.23) | 0.00 | (0.05) | 0.00 | 21.48 | 57.11 | |||
| TORVF | 7.72 | 1.08 | 0.04 | (0.98) | 10.38 | 24.53 | 97.99 | |||
| BCMRF | 4.58 | 0.45 | 0.00 | 3.57 | 0.00 | 20.00 | 78.09 |
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Our tools can tell you how much better you can do entering a position in St-Georges Eco-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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St-Georges Eco-Mining Corporate Management
Elected by the shareholders, the St-Georges Eco-Mining's board of directors comprises two types of representatives: St-Georges Eco-Mining inside directors who are chosen from within the company, and outside directors, selected externally and held independent of St-Georges. The board's role is to monitor St-Georges Eco-Mining's management team and ensure that shareholders' interests are well served. St-Georges Eco-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, St-Georges Eco-Mining's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Francois Dumas | COO Director | Profile | |
| Thordis Sigurbjornsdottir | Pres Resources | Profile | |
| Herbert PGeo | CEO Pres | Profile | |
| Joel Geo | VP Exploration | Profile | |
| Paul Pelosi | EVSX Pres | Profile | |
| Vilhjalmur Vilhjalmsson | Consultant | Profile |