Pine Cliff Correlations
| PIFYF Stock | USD 0.63 0.03 5.00% |
The current 90-days correlation between Pine Cliff Energy and Saturn Oil Gas is 0.36 (i.e., Weak diversification). The correlation of Pine Cliff 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.
Pine Cliff Correlation With Market
Average diversification
The correlation between Pine Cliff Energy and DJI is 0.13 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Pine Cliff Energy and DJI in the same portfolio, assuming nothing else is changed.
Pine |
The ability to find closely correlated positions to Pine Cliff could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pine Cliff 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 Pine Cliff - 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 Pine Cliff Energy to buy it.
Moving together with Pine Pink Sheet
| 0.7 | PPERY | Bank Mandiri Persero | PairCorr |
| 0.7 | BKRKY | Bank Rakyat | PairCorr |
| 0.69 | PBCRY | Bank Central Asia | PairCorr |
| 0.75 | SHG | Shinhan Financial | PairCorr |
| 0.63 | WF | Woori Financial Group | PairCorr |
| 0.82 | KO | Coca Cola Aggressive Push | PairCorr |
| 0.7 | PFE | Pfizer Inc Aggressive Push | PairCorr |
| 0.72 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
Moving against Pine Pink Sheet
| 0.72 | JPM | JPMorgan Chase Sell-off Trend | PairCorr |
| 0.71 | BAC | Bank of America Aggressive Push | PairCorr |
| 0.62 | TRV | The Travelers Companies Fiscal Year End 17th of January 2025 | PairCorr |
| 0.54 | CSCO | Cisco Systems Sell-off Trend | PairCorr |
| 0.54 | WMT | Walmart Aggressive Push | PairCorr |
| 0.53 | CVX | Chevron Corp Sell-off Trend | PairCorr |
| 0.5 | T | ATT Inc Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.44 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.39 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
| 0.32 | KB | KB Financial Group | PairCorr |
Related Correlations Analysis
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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 Pine Pink Sheet performing well and Pine Cliff 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 Pine Cliff'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ATHOF | 1.69 | (0.17) | 0.00 | (1.10) | 0.00 | 2.92 | 8.36 | |||
| CRLFF | 1.07 | (0.11) | 0.00 | (0.44) | 0.00 | 1.50 | 5.44 | |||
| TNEYF | 1.83 | 0.09 | 0.00 | 0.52 | 2.31 | 3.81 | 10.79 | |||
| OILSF | 1.81 | (0.37) | 0.00 | (18.88) | 0.00 | 2.91 | 9.17 | |||
| CWEGF | 2.86 | 1.38 | 0.47 | (0.49) | 1.30 | 2.97 | 79.64 | |||
| MEGEF | 1.79 | (0.22) | 0.00 | (0.46) | 0.00 | 3.98 | 10.17 | |||
| PTALF | 1.74 | (0.21) | 0.00 | (4.07) | 0.00 | 4.26 | 10.78 | |||
| GUKYF | 2.51 | 0.37 | 0.05 | 105.99 | 2.81 | 6.04 | 27.76 | |||
| CWVLF | 1.08 | (0.58) | 0.00 | (4.48) | 0.00 | 0.00 | 20.00 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Pine Cliff 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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Pine Cliff Corporate Executives
Elected by the shareholders, the Pine Cliff's board of directors comprises two types of representatives: Pine Cliff inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Pine. The board's role is to monitor Pine Cliff's management team and ensure that shareholders' interests are well served. Pine Cliff'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, Pine Cliff's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Alan MacDonald | Interim CFO | Profile |