North Peak Correlations

BTLLF Stock

USD 0.45 0.01 2.17%

The current 90-days correlation between North Peak Resources and Lavras Gold Corp is -0.01 (i.e., Good diversification). The correlation of North Peak 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.

North Peak Correlation With Market

Good diversification

The correlation between North Peak Resources and DJI is -0.14 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding North Peak Resources and DJI in the same portfolio, assuming nothing else is changed.

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

Moving together with North Pink Sheet

0.76	VLCN	Volcon Inc	Pair Corr
0.85	AULT	Ault Alliance Symbol Change	Pair Corr
0.69	NVR	NVR Inc	Pair Corr
0.75	BPTS	Biophytis	Pair Corr
0.8	PFE	Pfizer Inc Fiscal Year End 4th of February 2025	Pair Corr
0.91	KO	Coca Cola Fiscal Year End 11th of February 2025	Pair Corr
0.84	MRK	Merck Company Fiscal Year End 6th of February 2025	Pair Corr
0.79	JNJ	Johnson Johnson Fiscal Year End 28th of January 2025	Pair Corr

Moving against North Pink Sheet

0.88	BAC	Bank of America Fiscal Year End 10th of January 2025	Pair Corr
0.8	AXP	American Express Fiscal Year End 24th of January 2025	Pair Corr
0.79	WMT	Walmart Aggressive Push	Pair Corr
0.79	T	ATT Inc Fiscal Year End 22nd of January 2025	Pair Corr
0.78	CVX	Chevron Corp Sell-off Trend	Pair Corr
0.74	DIS	Walt Disney	Pair Corr
0.71	AA	Alcoa Corp Fiscal Year End 15th of January 2025	Pair Corr
0.58	BRK-A	Berkshire Hathaway	Pair Corr
0.51	AMKBY	AP Moeller Maersk	Pair Corr
0.49	HD	Home Depot	Pair Corr
0.48	ITCL	Banco Ita Chile	Pair Corr
0.47	HPQ	HP Inc	Pair Corr
0.37	INTC	Intel Fiscal Year End 23rd of January 2025	Pair Corr
0.36	KAKZF	Kaspi Bank Joint	Pair Corr

Related Correlations Analysis

	LGCFF	TRUIF	ORFDF	VMSXF	RMETF	AUGG	BRYYF	RFHRF	LONCF	JNCCF
LGCFF		0.52	-0.69	0.37	-0.44	-0.58	0.0	-0.05	0.31	-0.39	LGCFF
TRUIF	0.52		-0.6	0.05	-0.42	-0.29	0.0	0.02	-0.08	-0.19	TRUIF
ORFDF	-0.69	-0.6		-0.24	0.55	0.68	0.0	-0.15	-0.23	0.53	ORFDF
VMSXF	0.37	0.05	-0.24		0.25	-0.48	0.0	0.04	0.53	-0.5	VMSXF
RMETF	-0.44	-0.42	0.55	0.25		0.37	0.0	-0.14	0.16	0.18	RMETF
AUGG	-0.58	-0.29	0.68	-0.48	0.37		0.0	-0.4	-0.37	0.65	AUGG
BRYYF	0.0	0.0	0.0	0.0	0.0	0.0		0.0	0.0	0.0	BRYYF
RFHRF	-0.05	0.02	-0.15	0.04	-0.14	-0.4	0.0		0.06	-0.31	RFHRF
LONCF	0.31	-0.08	-0.23	0.53	0.16	-0.37	0.0	0.06		-0.32	LONCF
JNCCF	-0.39	-0.19	0.53	-0.5	0.18	0.65	0.0	-0.31	-0.32		JNCCF
	LGCFF	TRUIF	ORFDF	VMSXF	RMETF	AUGG	BRYYF	RFHRF	LONCF	JNCCF

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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

AUGG	+ 0.68	ORFDF
JNCCF	+ 0.65	AUGG
RMETF	+ 0.55	ORFDF
JNCCF	+ 0.53	ORFDF
LONCF	+ 0.53	VMSXF
TRUIF	+ 0.52	LGCFF

High negative correlations

ORFDF	- 0.69	LGCFF
ORFDF	- 0.6	TRUIF
AUGG	- 0.58	LGCFF
JNCCF	- 0.5	VMSXF
AUGG	- 0.48	VMSXF
RMETF	- 0.44	LGCFF

Risk-Adjusted Indicators

There is a big difference between North Pink Sheet performing well and North Peak 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 North Peak'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
LGCFF	2.64	(0.22)	0.00	(0.12)	0.00	0.00	6.04	(6.52)	20.68
TRUIF	5.98	0.34	0.01	(0.28)	9.47	(14.36)	18.33	(18.75)	91.65
ORFDF	3.18	0.42	0.05	(2.50)	3.74	(4.14)	7.51	(7.80)	25.64
VMSXF	6.93	0.14	0.01	0.39	7.73	(16.55)	32.40	(17.32)	61.90
RMETF	6.94	2.45	0.00	(0.63)	0.00	0.00	42.86	(16.67)	80.95
AUGG	3.87	1.21	0.21	(5.81)	3.52	(5.16)	10.17	(6.67)	22.94
BRYYF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
RFHRF	14.19	1.75	0.09	0.50	13.41	(33.40)	55.17	(34.81)	168.14
LONCF	2.59	0.13	(0.01)	(0.08)	3.90	(10.75)	10.00	(10.00)	45.83
JNCCF	8.16	2.46	0.00	1.41	0.00	0.00	0.00	(5.56)	178.00

Be your own money manager

Our tools can tell you how much better you can do entering a position in North Peak 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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