Pollard Banknote Correlations
| PBL Stock | CAD 18.28 0.37 2.07% |
The current 90-days correlation between Pollard Banknote and TWC Enterprises is -0.21 (i.e., Strong inverse diversification).Pairwise correlation with sector peers helps determine whether the stock offers truly differentiated exposure.
Market Correlation Profile: Pollard Banknote
Poor diversification
The correlation between Pollard Banknote and Dow Jones is 0.67, which Macroaxis classifies as Poor diversification for the selected horizon. In portfolio terms, the overlap shows how much shared movement remains after combining both positions.
Pollard |
Correlation relationships for Pollard Banknote highlight alignment with similar exposures. The dataset is based on historical price relationships and return patterns.
Moving together with Pollard Stock
Moving against Pollard Stock
| 0.8 | CVE | Cenovus Energy | PairCorr |
| 0.8 | KEY | Keyera Corp | PairCorr |
| 0.78 | ENB | Enbridge | PairCorr |
| 0.74 | SU | Suncor Energy | PairCorr |
| 0.73 | BDT | Bird Construction | PairCorr |
| 0.73 | OPW | Opawica Explorations | PairCorr |
| 0.63 | SOY | SunOpta | PairCorr |
| 0.5 | CTC-A | Canadian Tire | PairCorr |
| 0.33 | GSD | Devonian Health Group Split | PairCorr |
Related Correlations Analysis
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
Headline performance for Pollard Stock may not fully reflect how the business compares across its competitive set. Risk-adjusted metrics help compare Pollard Banknote's efficiency and downside exposure against peers on a like-for-like basis. These indicators are quantitative in nature and help investors evaluate volatility and risk-adjusted expected returns across different positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| TWC | 0.83 | -0.07 | 0.00 | 0.55 | 0.00 | 1.92 | 8.63 | |||
| ACQ | 2.22 | -0.08 | 0.00 | -0.11 | 0.00 | 4.12 | 19.62 | |||
| GH | 0.74 | -0.07 | 0.00 | 0.16 | 0.00 | 1.54 | 5.94 | |||
| GBT | 1.74 | 0.05 | 0.04 | -0.46 | 1.94 | 5.00 | 12.69 | |||
| PZA | 0.63 | 0.09 | 0.17 | 0.19 | 0.64 | 1.43 | 3.48 | |||
| KITS | 2.26 | -0.16 | 0.00 | -0.48 | 0.00 | 4.97 | 22.70 | |||
| CKI | 1.36 | 0.00 | 0.03 | -0.08 | 1.83 | 3.46 | 12.24 | |||
| MTY | 1.24 | 0.15 | 0.11 | 0.09 | 1.23 | 3.97 | 10.32 | |||
| MRE | 1.25 | -0.13 | 0.00 | -0.24 | 0.00 | 2.41 | 13.78 | |||
| XTC | 1.19 | 0.25 | 0.21 | 0.38 | 1.17 | 2.95 | 7.29 |
Be your own money manager
Portfolio optimization matters because investors need a repeatable way to decide whether adding Pollard Banknote Limited improves expected return without taking on disproportionate risk. A stronger allocation process asks what the position adds to the portfolio, not just what it might do on its own.
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Pollard Banknote Corporate Management
Governance context around Pollard Banknote Limited gives investors another way to assess whether decision-making power is balanced, accountable, and aligned with shareholder priorities. A disciplined governance review can reveal strengths or weaknesses that may not be obvious in financial ratios alone.
| Riva Richard | Executive VP of Legal Affairs, General Counsel and Corporate Secretary | Profile | |
| Robert Young | Executive Operations | Profile | |
| Jennifer Westbury | Executive Development | Profile | |
| Steven Fingold | Executive Gaming | Profile |