Vulcan Energy Correlations
| VULNF Stock | USD 4.81 0.44 8.38% |
The current 90-days correlation between Vulcan Energy Resources and Liontown Resources Limited is -0.14 (i.e., Good diversification). The correlation of Vulcan Energy 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.
Vulcan Energy Correlation With Market
Significant diversification
The correlation between Vulcan Energy Resources and DJI is 0.03 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Vulcan Energy Resources and DJI in the same portfolio, assuming nothing else is changed.
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The ability to find closely correlated positions to Vulcan Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Vulcan Energy 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 Vulcan Energy - 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 Vulcan Energy Resources to buy it.
Moving together with Vulcan Pink Sheet
| 0.77 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
| 0.84 | JPM | JPMorgan Chase Sell-off Trend | PairCorr |
| 0.84 | CVX | Chevron Corp Sell-off Trend | PairCorr |
| 0.73 | T | ATT Inc Aggressive Push | PairCorr |
| 0.88 | BAC | Bank of America Aggressive Push | PairCorr |
| 0.62 | INTC | Intel Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.68 | HPQ | HP Inc | PairCorr |
| 0.83 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.88 | WMT | Walmart Aggressive Push | PairCorr |
Moving against Vulcan Pink Sheet
| 0.75 | KO | Coca Cola Sell-off Trend | PairCorr |
| 0.75 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.71 | JNJ | Johnson Johnson Fiscal Year End 28th of January 2025 | PairCorr |
| 0.6 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
| 0.38 | GLCNF | Glencore PLC | PairCorr |
| 0.37 | GLNCY | Glencore PLC ADR | PairCorr |
Related Correlations Analysis
| 0.31 | -0.56 | 0.26 | 0.67 | -0.55 | 0.34 | LINRF | ||
| 0.31 | -0.78 | 0.78 | 0.64 | 0.0 | 0.6 | T | ||
| -0.56 | -0.78 | -0.78 | -0.64 | 0.39 | -0.83 | MRK | ||
| 0.26 | 0.78 | -0.78 | 0.57 | 0.13 | 0.85 | DIS | ||
| 0.67 | 0.64 | -0.64 | 0.57 | -0.35 | 0.5 | CAT | ||
| -0.55 | 0.0 | 0.39 | 0.13 | -0.35 | -0.1 | PG | ||
| 0.34 | 0.6 | -0.83 | 0.85 | 0.5 | -0.1 | JPM | ||
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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 Vulcan Pink Sheet performing well and Vulcan Energy 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 Vulcan Energy'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| LINRF | 3.52 | (0.01) | (0.01) | 0.09 | 4.66 | 11.11 | 26.28 | |||
| T | 0.92 | 0.28 | 0.15 | (7.88) | 0.85 | 2.56 | 6.47 | |||
| MRK | 0.91 | (0.21) | 0.00 | (0.74) | 0.00 | 2.00 | 4.89 | |||
| DIS | 0.99 | 0.32 | 0.25 | 0.66 | 0.57 | 2.34 | 7.57 | |||
| CAT | 1.33 | 0.01 | 0.07 | 0.12 | 1.36 | 3.36 | 12.38 | |||
| PG | 0.72 | 0.10 | (0.03) | (1.09) | 0.77 | 1.74 | 4.66 | |||
| JPM | 1.12 | (0.01) | 0.06 | 0.11 | 1.40 | 2.05 | 15.87 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Vulcan Energy 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?
Run Efficient Frontier Now
Efficient FrontierPlot and analyze your portfolio and positions against risk-return landscape of the market. |
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Vulcan Energy Corporate Management
| MA BA | Chief Officer | Profile | |
| Storm Taylor | ESG Lead | Profile | |
| BSc BSc | MD, Founder | Profile | |
| Markus MBA | Chief GMBH | Profile | |
| Thorsten MBA | Chief Officer | Profile | |
| Cris Moreno | Deputy Officer | Profile | |
| Jessica BA | Public Mang | Profile |