Venture Minerals Correlations

VTMLF Stock

USD 0.0008 0.03 97.33%

The current 90-days correlation between Venture Minerals and Frontier Energy Limited is -0.01 (i.e., Good diversification). The correlation of Venture Minerals 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.

Venture Minerals Correlation With Market

Significant diversification

The correlation between Venture Minerals Limited and DJI is 0.04 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Venture Minerals Limited and DJI in the same portfolio, assuming nothing else is changed.

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

Moving against Venture Pink Sheet

0.37	BKRKY	Bank Rakyat	Pair Corr
0.34	PPERY	Bank Mandiri Persero	Pair Corr
0.5	VZ	Verizon Communications Aggressive Push	Pair Corr
0.38	T	ATT Inc Aggressive Push	Pair Corr

Related Correlations Analysis

	ANSNF	FRHYF	NCFFF	HSRMF	LTHCF	TMRC	BCEKF	FPRGF	AGXPF	HANNF
ANSNF		-0.34	-0.48	-0.05	0.38	0.34	-0.07	-0.21	-0.3	0.01	ANSNF
FRHYF	-0.34		0.23	0.36	0.03	0.17	0.81	0.34	0.66	-0.15	FRHYF
NCFFF	-0.48	0.23		0.27	-0.38	-0.08	0.01	0.24	0.29	-0.19	NCFFF
HSRMF	-0.05	0.36	0.27		-0.2	0.58	0.54	0.38	0.51	-0.34	HSRMF
LTHCF	0.38	0.03	-0.38	-0.2		0.42	0.25	-0.1	0.13	-0.03	LTHCF
TMRC	0.34	0.17	-0.08	0.58	0.42		0.37	0.06	0.31	-0.18	TMRC
BCEKF	-0.07	0.81	0.01	0.54	0.25	0.37		0.39	0.73	-0.29	BCEKF
FPRGF	-0.21	0.34	0.24	0.38	-0.1	0.06	0.39		0.33	-0.32	FPRGF
AGXPF	-0.3	0.66	0.29	0.51	0.13	0.31	0.73	0.33		-0.27	AGXPF
HANNF	0.01	-0.15	-0.19	-0.34	-0.03	-0.18	-0.29	-0.32	-0.27		HANNF
	ANSNF	FRHYF	NCFFF	HSRMF	LTHCF	TMRC	BCEKF	FPRGF	AGXPF	HANNF

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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

BCEKF	+ 0.81	FRHYF
AGXPF	+ 0.73	BCEKF
AGXPF	+ 0.66	FRHYF
TMRC	+ 0.58	HSRMF
BCEKF	+ 0.54	HSRMF
AGXPF	+ 0.51	HSRMF

High negative correlations

NCFFF	- 0.48	ANSNF
LTHCF	- 0.38	NCFFF
HANNF	- 0.34	HSRMF
FRHYF	- 0.34	ANSNF
HANNF	- 0.32	FPRGF
AGXPF	- 0.3	ANSNF

Risk-Adjusted Indicators

There is a big difference between Venture Pink Sheet performing well and Venture Minerals 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 Venture Minerals' 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
ANSNF	3.69	(0.42)	0.00	(0.50)	0.00	0.00	14.19	(12.86)	47.46
FRHYF	2.59	0.77	0.00	10.24	0.00	0.00	9.09	0.00	61.11
NCFFF	8.99	3.10	0.29	0.51	5.20	(26.39)	13.09	(7.69)	210.19
HSRMF	6.46	1.22	0.12	1.25	6.07	(14.61)	20.00	(14.29)	68.93
LTHCF	2.49	(0.19)	0.00	0.34	0.00	0.00	5.45	(7.14)	27.96
TMRC	8.08	(0.21)	0.00	(0.02)	0.00	0.00	14.13	(16.94)	83.51
BCEKF	7.72	1.41	0.11	(0.64)	8.92	(11.09)	21.43	(11.11)	69.17
FPRGF	10.97	2.12	0.09	(0.24)	13.04	(15.60)	42.86	(23.08)	96.13
AGXPF	5.74	0.93	0.12	(1.54)	5.17	(8.79)	17.65	(8.51)	41.91
HANNF	4.43	(0.24)	0.00	(0.14)	0.00	0.00	8.70	(8.96)	27.72

Be your own money manager

Our tools can tell you how much better you can do entering a position in Venture Minerals 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.

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Venture Minerals Corporate Management

Andrew MSc	MD Director	Profile
Stuart Owen	Exploration Mang	Profile
BCom BCom	Company CFO	Profile
BSc MAICD	Consultant Engineer	Profile

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