Talisker Resources Correlations
| TSK Stock | CAD 1.86 0.03 1.59% |
The current 90-days correlation between Talisker Resources and Aftermath Silver is 0.67 (i.e., Poor diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Talisker Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Talisker Resources moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Talisker Resources Correlation With Market
Modest diversification
The correlation between Talisker Resources and DJI is 0.25 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Talisker Resources and DJI in the same portfolio, assuming nothing else is changed.
Talisker |
The ability to find closely correlated positions to Talisker 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 Talisker 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 Talisker 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 Talisker Resources to buy it.
Moving together with Talisker Stock
| 0.75 | AG | First Majestic Silver | PairCorr |
| 0.77 | IE | Ivanhoe Energy | PairCorr |
| 0.71 | ORE | Orezone Gold Corp | PairCorr |
| 0.77 | MGA | Mega Uranium | PairCorr |
| 0.69 | CNC | Canada Nickel | PairCorr |
| 0.8 | PPTA | Perpetua Resources Corp | PairCorr |
| 0.78 | ESK | Eskay Mining Corp | PairCorr |
| 0.8 | AUXX | Gold X2 Mining | PairCorr |
| 0.77 | TECK-A | Teck Resources | PairCorr |
| 0.77 | BDI | Black Diamond Group | PairCorr |
| 0.65 | TI | Titan Mining Corp Split | PairCorr |
| 0.67 | SNG | Silver Range Resources | PairCorr |
| 0.65 | JUGR | Juggernaut Exploration Earnings Call This Week | PairCorr |
| 0.75 | BEP-PM | Brookfield Renewable | PairCorr |
| 0.64 | CTG | Centenario Gold Corp Split | PairCorr |
| 0.74 | MGG | Minaurum Gold | PairCorr |
| 0.67 | FL | Frontier Lithium | PairCorr |
Moving against Talisker Stock
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
|
Risk-Adjusted Indicators
There is a big difference between Talisker Stock performing well and Talisker 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 Talisker 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| AAG | 4.72 | 0.43 | 0.12 | 0.25 | 4.32 | 11.54 | 19.26 | |||
| CNC | 4.13 | 1.14 | 0.23 | 0.99 | 3.98 | 9.24 | 40.45 | |||
| MOON | 2.78 | 0.51 | 0.14 | 0.70 | 3.02 | 6.31 | 14.11 | |||
| CVV | 4.84 | (0.36) | 0.00 | (0.10) | 0.00 | 11.27 | 33.69 | |||
| GLO | 4.37 | 0.11 | 0.03 | 0.14 | 5.86 | 10.34 | 43.61 | |||
| FAR | 1.78 | 0.13 | 0.05 | 0.24 | 2.16 | 3.85 | 9.64 | |||
| FL | 3.23 | 0.76 | 0.18 | 1.02 | 2.88 | 9.41 | 24.24 | |||
| GPH | 5.25 | 0.48 | 0.05 | (1.16) | 6.47 | 12.33 | 30.66 | |||
| BRC | 4.25 | 0.85 | 0.17 | 0.77 | 4.36 | 9.38 | 24.45 | |||
| LAM | 3.53 | (0.27) | 0.00 | (0.10) | 0.00 | 7.84 | 19.09 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Talisker 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?
Run Portfolio Rebalancing Now
Portfolio RebalancingAnalyze risk-adjusted returns against different time horizons to find asset-allocation targets |
| All Next | Launch Module |
Talisker Resources Corporate Management
Elected by the shareholders, the Talisker Resources' board of directors comprises two types of representatives: Talisker Resources inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Talisker. The board's role is to monitor Talisker Resources' management team and ensure that shareholders' interests are well served. Talisker 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, Talisker Resources' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Felipe Castaneda | Vice Services | Profile | |
| Kyle Orr | Vice Exploration | Profile | |
| Ruben Padilla | Director Geology | Profile | |
| Andres Tinajero | Chief Officer | Profile | |
| Leonardo BSc | Vice Development | Profile | |
| Charlotte May | Corporate Secretary | Profile |