C3 Metals Correlations
| CUAUF Stock | USD 0.56 0.00 0.00% |
The current 90-days correlation between C3 Metals and Gouverneur Bancorp is -0.24 (i.e., Very good diversification). The correlation of C3 Metals 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.
C3 Metals Correlation With Market
Good diversification
The correlation between C3 Metals and DJI is -0.03 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding C3 Metals and DJI in the same portfolio, assuming nothing else is changed.
CUAUF |
The ability to find closely correlated positions to C3 Metals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace C3 Metals 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 C3 Metals - 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 C3 Metals to buy it.
Moving together with CUAUF OTC Stock
| 0.65 | GLCNF | Glencore PLC Earnings Call Today | PairCorr |
| 0.63 | GLNCY | Glencore PLC ADR Earnings Call Today | PairCorr |
| 0.8 | SHG | Shinhan Financial | PairCorr |
| 0.79 | WF | Woori Financial Group | PairCorr |
| 0.8 | BAC-PL | Bank of America | PairCorr |
| 0.73 | WFC-PL | Wells Fargo | PairCorr |
| 0.74 | AIFE | Aifeex Nexus Acquisition Symbol Change | PairCorr |
| 0.74 | AMSYF | ArcelorMittal SA | PairCorr |
| 0.61 | FNLPF | Fresnillo PLC | PairCorr |
| 0.75 | APD | Air Products | PairCorr |
| 0.77 | DB | Deutsche Bank AG | PairCorr |
| 0.75 | MSFT | Microsoft Aggressive Push | PairCorr |
| 0.71 | MRK | Merck Company | PairCorr |
| 0.77 | CAT | Caterpillar | PairCorr |
| 0.76 | CVX | Chevron Corp | PairCorr |
| 0.69 | JPM | JPMorgan Chase | PairCorr |
| 0.66 | GE | GE Aerospace | PairCorr |
| 0.84 | JNJ | Johnson Johnson | PairCorr |
Moving against CUAUF OTC Stock
| 0.92 | BCH | Banco De Chile | PairCorr |
| 0.66 | PG | Procter Gamble | PairCorr |
| 0.61 | KO | Coca Cola | PairCorr |
| 0.6 | TRV | The Travelers Companies | PairCorr |
| 0.55 | HPQ | HP Inc | PairCorr |
Related Correlations Analysis
| 0.46 | 0.04 | -0.63 | 0.17 | 0.0 | AUMBF | ||
| 0.46 | 0.27 | -0.8 | 0.43 | 0.0 | GOVB | ||
| 0.04 | 0.27 | -0.47 | 0.09 | 0.0 | HRFEF | ||
| -0.63 | -0.8 | -0.47 | -0.35 | 0.0 | NKG | ||
| 0.17 | 0.43 | 0.09 | -0.35 | 0.0 | TELHF | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | YOURF | ||
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 CUAUF OTC Stock performing well and C3 Metals 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 C3 Metals' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| AUMBF | 4.43 | 0.33 | 0.04 | 0.40 | 4.61 | 13.33 | 36.67 | |||
| GOVB | 0.88 | 0.22 | 0.05 | (5.90) | 0.83 | 2.51 | 7.87 | |||
| HRFEF | 3.79 | 0.35 | 0.01 | (0.61) | 6.37 | 9.76 | 96.79 | |||
| NKG | 3.34 | (0.50) | 0.00 | (0.83) | 0.00 | 7.14 | 35.81 | |||
| TELHF | 26.20 | 8.48 | 0.24 | (1.10) | 20.66 | 69.06 | 286.11 | |||
| YOURF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in C3 Metals 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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C3 Metals Corporate Management
Elected by the shareholders, the C3 Metals' board of directors comprises two types of representatives: C3 Metals inside directors who are chosen from within the company, and outside directors, selected externally and held independent of CUAUF. The board's role is to monitor C3 Metals' management team and ensure that shareholders' interests are well served. C3 Metals' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, C3 Metals' outside directors are responsible for providing unbiased perspectives on the board's policies.
| BA LLB | Co Sec | Profile | |
| Stuart BSc | Chief Geologist | Profile | |
| Daniel Symons | CEO Pres | Profile | |
| Stephen Hughes | VP Director | Profile |