Troilus Gold Correlations
| CHXMF Stock | USD 0.24 0.01 4.00% |
The current 90-days correlation between Troilus Gold Corp and Advantage Solutions is 0.07 (i.e., Significant diversification). The correlation of Troilus Gold 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.
Troilus Gold Correlation With Market
Significant diversification
The correlation between Troilus Gold Corp and DJI is 0.06 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Troilus Gold Corp and DJI in the same portfolio, assuming nothing else is changed.
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The ability to find closely correlated positions to Troilus Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Troilus Gold 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 Troilus Gold - 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 Troilus Gold Corp to buy it.
Moving together with Troilus OTC Stock
| 0.72 | CHKEL | Chesapeake Energy Symbol Change | PairCorr |
| 0.65 | CHKEZ | Chesapeake Energy Symbol Change | PairCorr |
| 0.67 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
| 0.81 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.61 | PFE | Pfizer Inc Fiscal Year End 4th of February 2025 | PairCorr |
| 0.7 | KO | Coca Cola Fiscal Year End 11th of February 2025 | PairCorr |
| 0.65 | JNJ | Johnson Johnson Fiscal Year End 28th of January 2025 | PairCorr |
Moving against Troilus OTC Stock
| 0.78 | NVDA | NVIDIA | PairCorr |
| 0.71 | GOOG | Alphabet Class C Aggressive Push | PairCorr |
| 0.67 | ASTSW | AST SpaceMobile | PairCorr |
| 0.66 | ATCOL | Atlas Corp | PairCorr |
| 0.61 | PCTTW | PureCycle Technologies | PairCorr |
| 0.58 | BMYMP | Bristol Myers Squibb | PairCorr |
| 0.5 | GCMGW | GCM Grosvenor | PairCorr |
| 0.44 | META | Meta Platforms Aggressive Push | PairCorr |
| 0.43 | AMZN | Amazon Inc Aggressive Push | PairCorr |
| 0.7 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
| 0.64 | PYPL | PayPal Holdings Aggressive Push | PairCorr |
| 0.62 | CAT | Caterpillar Fiscal Year End 3rd of February 2025 | PairCorr |
| 0.62 | JPM | JPMorgan Chase Fiscal Year End 10th of January 2025 | PairCorr |
| 0.61 | BAC | Bank of America Fiscal Year End 10th of January 2025 | PairCorr |
| 0.46 | TRV | The Travelers Companies Fiscal Year End 17th of January 2025 | PairCorr |
| 0.44 | HD | Home Depot | PairCorr |
| 0.44 | DIS | Walt Disney Sell-off Trend | PairCorr |
| 0.42 | T | ATT Inc Sell-off Trend | PairCorr |
Related Correlations Analysis
| -0.21 | -0.15 | -0.55 | 0.18 | -0.14 | ADVWW | ||
| -0.21 | 0.8 | 0.02 | -0.7 | 0.65 | ATCOL | ||
| -0.15 | 0.8 | 0.02 | -0.76 | 0.71 | PCTTW | ||
| -0.55 | 0.02 | 0.02 | -0.18 | 0.19 | MAPSW | ||
| 0.18 | -0.7 | -0.76 | -0.18 | -0.73 | GOEVW | ||
| -0.14 | 0.65 | 0.71 | 0.19 | -0.73 | GCMGW | ||
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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 Troilus OTC Stock performing well and Troilus Gold 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 Troilus Gold'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ADVWW | 13.49 | 1.73 | 0.08 | (1.78) | 14.80 | 29.75 | 146.36 | |||
| ATCOL | 0.25 | 0.02 | (0.27) | (0.20) | 0.25 | 0.65 | 1.81 | |||
| PCTTW | 6.39 | 2.34 | 0.36 | 5.43 | 4.57 | 16.00 | 76.00 | |||
| MAPSW | 8.71 | 1.09 | 0.07 | (2.23) | 9.98 | 28.53 | 78.90 | |||
| GOEVW | 8.69 | (0.83) | 0.00 | 0.86 | 0.00 | 17.28 | 47.09 | |||
| GCMGW | 6.42 | 0.42 | 0.07 | 0.27 | 7.62 | 14.29 | 44.40 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Troilus Gold 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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Troilus Gold Corporate Management
Elected by the shareholders, the Troilus Gold's board of directors comprises two types of representatives: Troilus Gold inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Troilus. The board's role is to monitor Troilus Gold's management team and ensure that shareholders' interests are well served. Troilus Gold'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, Troilus Gold's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Brianna JD | Sr Sec | Profile | |
| Kyle PGeo | Mang Devel | Profile | |
| Spyros Karellas | Director Communications | Profile | |
| Blake PGeo | President | Profile | |
| Jacqueline Eng | VicePres Permitting | Profile |