Marathon Gold Correlations
| MGDPFDelisted Stock | USD 0.64 0.01 1.54% |
The correlation of Marathon 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.
Marathon Gold Correlation With Market
Average diversification
The correlation between Marathon Gold and DJI is 0.18 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Marathon Gold and DJI in the same portfolio, assuming nothing else is changed.
Marathon |
The ability to find closely correlated positions to Marathon 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 Marathon 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 Marathon 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 Marathon Gold to buy it.
Moving together with Marathon OTC Stock
Moving against Marathon OTC Stock
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| 0.42 | PCTTW | PureCycle Technologies | PairCorr |
| 0.37 | ADVWW | Advantage Solutions | PairCorr |
| 0.35 | ATCOL | Atlas Corp | PairCorr |
| 0.45 | XOM | Exxon Mobil Corp Fiscal Year End 7th of February 2025 | PairCorr |
| 0.4 | DD | Dupont De Nemours Fiscal Year End 4th of February 2025 | PairCorr |
| 0.38 | HPQ | HP Inc | PairCorr |
| 0.32 | HD | Home Depot | PairCorr |
| 0.32 | CSCO | Cisco Systems Sell-off Trend | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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 Marathon OTC Stock performing well and Marathon 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 Marathon 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| IAUX | 4.73 | (0.32) | 0.00 | (0.14) | 0.00 | 10.28 | 66.32 | |||
| KRRGF | 1.69 | 0.31 | 0.09 | 1.20 | 2.00 | 3.44 | 11.18 | |||
| WDOFF | 1.91 | (0.18) | 0.00 | (0.64) | 0.00 | 4.71 | 13.33 | |||
| OSIIF | 0.70 | 0.06 | (0.01) | 0.29 | 0.83 | 1.60 | 6.84 | |||
| KNTNF | 2.19 | 0.39 | 0.08 | (1.17) | 2.29 | 5.11 | 22.74 | |||
| EQX | 2.44 | 0.01 | (0.02) | 0.14 | 2.91 | 5.70 | 18.48 | |||
| CTGO | 2.66 | (0.55) | 0.00 | (0.76) | 0.00 | 5.95 | 18.75 | |||
| ORLA | 2.37 | 0.24 | 0.03 | (1.82) | 2.98 | 5.58 | 18.89 | |||
| JGLDF | 4.62 | 0.83 | 0.05 | (0.27) | 5.37 | 10.20 | 45.04 | |||
| RSRBF | 1.20 | (0.35) | 0.00 | (1.71) | 0.00 | 1.66 | 21.38 |
View Marathon Gold Related Equities
| Risk & Return | Correlation |
Marathon Gold Corporate Management
Elected by the shareholders, the Marathon Gold's board of directors comprises two types of representatives: Marathon Gold inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Marathon. The board's role is to monitor Marathon Gold's management team and ensure that shareholders' interests are well served. Marathon 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, Marathon Gold's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Julie Robertson | Chief Officer | Profile | |
| Matthew Manson | CEO Pres | Profile | |
| AnneMarie Waterman | VP HR | Profile | |
| Paolo Toscano | VP Projects | Profile | |
| Amanda Mallough | Ma Relations | Profile | |
| Timothy Williams | Chief Officer | Profile |
Still Interested in Marathon Gold?
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.