United States Correlations
| UAMY Stock | USD 0.76 0.03 3.80% |
The current 90-days correlation between United States Antimony and American Lithium Corp is -0.04 (i.e., Good diversification). The correlation of United States 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.
United States Correlation With Market
Average diversification
The correlation between United States Antimony and DJI is 0.11 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding United States Antimony and DJI in the same portfolio, assuming nothing else is changed.
United |
Moving against United Stock
| 0.39 | NAK | Northern Dynasty Minerals | PairCorr |
| 0.34 | LAC | Lithium Americas Corp | PairCorr |
| 0.54 | NIOBW | NioCorp Developments | PairCorr |
| 0.42 | AVLNF | Avalon Advanced Materials | PairCorr |
Related Correlations Analysis
| 0.4 | 0.84 | 0.46 | 0.32 | 0.16 | TECK | ||
| 0.4 | 0.14 | 0.81 | 0.85 | -0.44 | SGML | ||
| 0.84 | 0.14 | 0.33 | 0.09 | 0.37 | VALE | ||
| 0.46 | 0.81 | 0.33 | 0.7 | -0.31 | SYAXF | ||
| 0.32 | 0.85 | 0.09 | 0.7 | -0.32 | AMLI | ||
| 0.16 | -0.44 | 0.37 | -0.31 | -0.32 | AWLIF | ||
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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 United Stock performing well and United States 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 United States' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| TECK | 1.70 | (0.14) | (0.04) | 0.01 | 2.55 | 3.96 | 11.11 | |||
| SGML | 3.34 | 0.34 | 0.12 | 0.36 | 3.15 | 7.65 | 21.69 | |||
| VALE | 1.45 | (0.17) | 0.00 | (0.26) | 0.00 | 3.72 | 11.97 | |||
| SYAXF | 5.86 | 0.57 | 0.04 | (0.62) | 7.17 | 15.79 | 39.17 | |||
| AMLI | 6.00 | 0.97 | 0.16 | 0.66 | 5.72 | 17.72 | 61.72 | |||
| AWLIF | 4.41 | (0.34) | 0.00 | (0.13) | 0.00 | 8.33 | 30.95 |
United States Corporate Management
| Jeffrey Fink | VP BRZ | Profile | |
| Melissa Pagen | Senior Relations | Profile | |
| Kelly Stopher | Interim Officer | Profile | |
| Alicia Hill | Secretary, Controller | Profile | |
| David Welch | Controller | Profile |