Consolidated Uranium Correlations
| CURUFDelisted Stock | USD 1.04 0.04 4.00% |
The current 90-days correlation between Consolidated Uranium and Isoenergy is 0.04 (i.e., Significant diversification). The correlation of Consolidated Uranium 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.
Consolidated Uranium Correlation With Market
Very good diversification
The correlation between Consolidated Uranium and DJI is -0.22 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Consolidated Uranium and DJI in the same portfolio, assuming nothing else is changed.
Consolidated |
The ability to find closely correlated positions to Consolidated Uranium could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Consolidated Uranium 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 Consolidated Uranium - 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 Consolidated Uranium to buy it.
Moving together with Consolidated OTC Stock
| 0.68 | CSCO | Cisco Systems | PairCorr |
| 0.64 | BAC | Bank of America Fiscal Year End 10th of January 2025 | PairCorr |
| 0.68 | CVX | Chevron Corp Fiscal Year End 7th of February 2025 | PairCorr |
| 0.61 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.61 | WMT | Walmart | PairCorr |
Moving against Consolidated OTC Stock
| 0.73 | BCH | Banco De Chile | PairCorr |
| 0.6 | SHG | Shinhan Financial | PairCorr |
| 0.52 | WF | Woori Financial Group | PairCorr |
| 0.41 | BAC-PL | Bank of America | PairCorr |
| 0.76 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.7 | JNJ | Johnson Johnson Fiscal Year End 28th of January 2025 | PairCorr |
| 0.5 | MMM | 3M Company Fiscal Year End 28th of January 2025 | PairCorr |
| 0.42 | GE | GE Aerospace Fiscal Year End 28th of January 2025 | PairCorr |
| 0.42 | MCD | McDonalds Fiscal Year End 3rd of February 2025 | PairCorr |
Related Correlations Analysis
| 0.04 | 0.57 | 0.25 | 0.68 | ISENF | ||
| 0.04 | 0.56 | 0.54 | 0.25 | GLATF | ||
| 0.57 | 0.56 | 0.74 | 0.8 | LTSRF | ||
| 0.25 | 0.54 | 0.74 | 0.57 | BSENF | ||
| 0.68 | 0.25 | 0.8 | 0.57 | BQSSF | ||
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between Consolidated OTC Stock performing well and Consolidated Uranium 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 Consolidated Uranium'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ISENF | 2.95 | 0.32 | 0.09 | 0.67 | 2.74 | 7.48 | 19.39 | |||
| GLATF | 2.84 | (0.61) | 0.00 | (0.45) | 0.00 | 8.08 | 32.41 | |||
| LTSRF | 4.02 | (0.03) | (0.01) | 0.08 | 4.76 | 11.11 | 27.62 | |||
| BSENF | 4.95 | (0.20) | 0.00 | (0.09) | 0.00 | 11.76 | 36.36 | |||
| BQSSF | 2.91 | 0.06 | (0.03) | (0.06) | 3.04 | 7.21 | 15.75 |
Consolidated Uranium Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Consolidated Uranium otc stock to make a market-neutral strategy. Peer analysis of Consolidated Uranium could also be used in its relative valuation, which is a method of valuing Consolidated Uranium by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Consolidated Uranium Corporate Management
Elected by the shareholders, the Consolidated Uranium's board of directors comprises two types of representatives: Consolidated Uranium inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Consolidated. The board's role is to monitor Consolidated Uranium's management team and ensure that shareholders' interests are well served. Consolidated Uranium'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, Consolidated Uranium's outside directors are responsible for providing unbiased perspectives on the board's policies.
| BComm Williams | CEO Chairman | Profile | |
| Martin PEng | Pres COO | Profile | |
| BADMIN CPA | Chief Officer | Profile | |
| BSc Geology | VP Devel | Profile |
Still Interested in Consolidated Uranium?
Investing in delisted otcs can be risky, as the otc stock is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.