Aluminumof China Correlations
| ALMMF Stock | USD 0.71 0.05 7.58% |
The current 90-days correlation between Aluminumof China and Air China Limited is 0.03 (i.e., Significant diversification). The correlation of Aluminumof China 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.
Aluminumof China Correlation With Market
Significant diversification
The correlation between Aluminum of and DJI is 0.03 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Aluminum of and DJI in the same portfolio, assuming nothing else is changed.
Aluminumof |
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Moving together with Aluminumof Pink Sheet
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Moving against Aluminumof Pink Sheet
Related Correlations Analysis
| 0.44 | 0.52 | 0.41 | 0.35 | AICAF | ||
| 0.44 | 0.74 | 0.73 | 0.49 | CCOZF | ||
| 0.52 | 0.74 | 0.71 | 0.46 | CICOF | ||
| 0.41 | 0.73 | 0.71 | 0.59 | ZIJMF | ||
| 0.35 | 0.49 | 0.46 | 0.59 | BACHF | ||
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Risk-Adjusted Indicators
There is a big difference between Aluminumof Pink Sheet performing well and Aluminumof China 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 Aluminumof China'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| AICAF | 0.72 | 0.17 | 0.00 | (0.08) | 0.00 | 0.00 | 26.51 | |||
| CCOZF | 2.60 | 0.76 | 0.08 | (108.60) | 2.43 | 8.45 | 42.56 | |||
| CICOF | 4.05 | 0.78 | 0.06 | (1.57) | 4.99 | 10.64 | 39.76 | |||
| ZIJMF | 2.08 | 0.18 | 0.00 | (0.97) | 2.81 | 5.58 | 21.80 | |||
| BACHF | 1.71 | 0.32 | (0.01) | (0.16) | 2.08 | 8.33 | 23.90 |
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Aluminumof China Corporate Management
| Hangfang Gao | Head Department | Profile | |
| Jianping Liu | Ex Chairman | Profile | |
| Shan Shulan | GM Supervisor | Profile | |
| Xiaowu Ou | Ex Director | Profile | |
| Tao Jiang | Ex VP | Profile | |
| Maosen Wu | VP | Profile | |
| Xiaolei Ge | CFO Sec | Profile |