Regulus Resources Correlations
REG Stock | CAD 2.03 0.08 4.10% |
The current 90-days correlation between Regulus Resources and Lumina Gold Corp is -0.03 (i.e., Good diversification). The correlation of Regulus Resources 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. If the correlation is 0, the equities are not correlated; they are entirely random.
Regulus |
The ability to find closely correlated positions to Regulus Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Regulus Resources 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 Regulus Resources - 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 Regulus Resources to buy it.
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Risk-Adjusted Indicators
There is a big difference between Regulus Stock performing well and Regulus Resources 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 Regulus Resources' 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 | ||
---|---|---|---|---|---|---|---|---|---|---|
TK | 1.92 | (0.43) | 0.00 | (0.27) | 0.00 | 9.09 | 19.09 | |||
MUN | 1.53 | 0.02 | 0.00 | 0.09 | 0.00 | 5.56 | 15.08 | |||
LUM | 2.74 | (0.12) | (0.02) | 0.04 | 2.74 | 7.41 | 20.35 | |||
KC | 3.76 | (0.08) | 0.00 | 0.27 | 0.00 | 10.00 | 38.10 | |||
SURG | 3.40 | (0.68) | 0.00 | (0.22) | 0.00 | 10.00 | 21.11 |
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Our tools can tell you how much better you can do entering a position in Regulus Resources 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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Regulus Resources Corporate Management
Elected by the shareholders, the Regulus Resources' board of directors comprises two types of representatives: Regulus Resources inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Regulus. The board's role is to monitor Regulus Resources' management team and ensure that shareholders' interests are well served. Regulus Resources' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Regulus Resources' outside directors are responsible for providing unbiased perspectives on the board's policies.
Stewart Redwood | Chief Project | Profile | |
BSc BSc | Chief Officer | Profile | |
CFA CFA | CFO Director | Profile | |
B FGS | Chief Project | Profile | |
Ben Cherrington | Manager Relations | Profile | |
Megan CameronJones | Corporate Secretary | Profile |