Golden Phoenix Correlations
| GPXM Stock | USD 0.0001 0.00 0.000003% |
A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Golden Phoenix moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Golden Phoenix Minrl moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Golden |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between Golden Stock performing well and Golden Phoenix 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 Golden Phoenix'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| VGZ | 2.74 | (0.27) | 0.00 | (1.35) | 0.00 | 5.48 | 19.54 | |||
| THM | 4.12 | (0.27) | 0.00 | (0.21) | 0.00 | 8.47 | 26.29 | |||
| ASM | 3.23 | (0.21) | 0.00 | (0.36) | 0.00 | 9.09 | 21.90 | |||
| SA | 2.18 | (0.54) | 0.00 | (0.98) | 0.00 | 3.31 | 17.19 |