Rocky Mountain Correlations

RMHB Stock

USD 0.01 0 40.00%

The current 90-days correlation between Rocky Mountain High and The Coca Cola is -0.29 (i.e., Very good diversification). The correlation of Rocky Mountain 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.

Rocky Mountain Correlation With Market

Significant diversification

The correlation between Rocky Mountain High and DJI is 0.05 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Rocky Mountain High and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to Rocky Mountain could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Rocky Mountain 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 Rocky Mountain - 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 Rocky Mountain High to buy it.

Moving against Rocky Pink Sheet

0.43	NNFSF	Nongfu Spring	Pair Corr
0.42	CMWCF	Cromwell Property	Pair Corr
0.55	VULNF	Vulcan Energy Resources Downward Rally	Pair Corr
0.54	BLK	BlackRock Fiscal Year End 10th of January 2025	Pair Corr
0.52	BAC	Bank of America Fiscal Year End 10th of January 2025	Pair Corr
0.5	SUM	Summit Materials	Pair Corr
0.48	NBIX	Neurocrine Biosciences	Pair Corr
0.46	FBMS	First Bancshares, Fiscal Year End 22nd of January 2025	Pair Corr
0.44	CTRN	Citi Trends	Pair Corr
0.44	RWAYL	MSCI ACWI exAUCONSUMER	Pair Corr
0.41	GIFI	Gulf Island Fabrication	Pair Corr
0.39	TSLA	Tesla Inc Fiscal Year End 22nd of January 2025	Pair Corr
0.33	YLWDF	Yellow Pages Limited	Pair Corr
0.59	LIEN	Chicago Atlantic BDC, Symbol Change	Pair Corr
0.56	BMYMP	Bristol Myers Squibb	Pair Corr
0.52	M	Macys Inc	Pair Corr
0.5	KKR	KKR Co LP	Pair Corr
0.49	BMY	Bristol Myers Squibb Aggressive Push	Pair Corr
0.46	CSSV	Caspian Services	Pair Corr

Related Correlations Analysis

	KO	PEP	NNFSF	MNST	KDP	CCEP	KOF	COKE
KO		0.84	-0.43	-0.47	0.96	0.04	0.93	0.44	KO
PEP	0.84		-0.25	-0.13	0.82	-0.08	0.78	0.3	PEP
NNFSF	-0.43	-0.25		-0.06	-0.4	-0.35	-0.46	-0.28	NNFSF
MNST	-0.47	-0.13	-0.06		-0.44	0.09	-0.48	-0.08	MNST
KDP	0.96	0.82	-0.4	-0.44		0.12	0.91	0.49	KDP
CCEP	0.04	-0.08	-0.35	0.09	0.12		0.08	0.59	CCEP
KOF	0.93	0.78	-0.46	-0.48	0.91	0.08		0.4	KOF
COKE	0.44	0.3	-0.28	-0.08	0.49	0.59	0.4		COKE
	KO	PEP	NNFSF	MNST	KDP	CCEP	KOF	COKE

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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

KDP	+ 0.96	KO
KOF	+ 0.93	KO
KOF	+ 0.91	KDP
PEP	+ 0.84	KO
KDP	+ 0.82	PEP
KOF	+ 0.78	PEP

High negative correlations

KOF	- 0.48	MNST
MNST	- 0.47	KO
KOF	- 0.46	NNFSF
KDP	- 0.44	MNST
NNFSF	- 0.43	KO
KDP	- 0.4	NNFSF

Risk-Adjusted Indicators

There is a big difference between Rocky Pink Sheet performing well and Rocky Mountain 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 Rocky Mountain'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	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
KO	0.67	(0.21)	(4.84)	0.00	0.00	1.19	(1.66)	3.66
PEP	0.73	(0.18)	(1.06)	0.00	0.00	1.24	(1.87)	5.88
NNFSF	1.43	0.46	(0.66)	0.00	0.00	0.00	0.00	41.71
MNST	1.05	0.01	0.04	1.60	(1.11)	2.25	(1.56)	10.44
KDP	0.81	(0.23)	(0.53)	0.00	0.00	1.48	(2.08)	6.63
CCEP	0.88	(0.09)	(0.22)	0.00	0.00	2.16	(1.81)	5.45
KOF	1.03	(0.19)	(0.33)	0.00	0.00	1.53	(2.36)	6.33
COKE	1.25	(0.11)	(0.11)	0.00	0.00	3.15	(2.42)	10.22

Be your own money manager

Our tools can tell you how much better you can do entering a position in Rocky Mountain 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.

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Rocky Mountain Corporate Management

Charles Smith	Chairman COO	Profile
Jason Robillard	Head Products	Profile
Jens Mielke	Chief Officer	Profile
Saldi	VP Marketing	Profile
David Seeberger	President, CEO	Profile

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