TAAT Global Correlations

TOBAF Stock

USD 0.11 0.01 8.33%

The current 90-days correlation between TAAT Global Alternatives and Green Globe International is 0.15 (i.e., Average diversification). The correlation of TAAT Global 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.

TAAT Global Correlation With Market

Significant diversification

The correlation between TAAT Global Alternatives and DJI is 0.02 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding TAAT Global Alternatives and DJI in the same portfolio, assuming nothing else is changed.

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

Moving together with TAAT Pink Sheet

0.61

GFGY

Granite Falls Energy

Pair Corr

Moving against TAAT Pink Sheet

0.35	BTAFF	British American Tobacco Earnings Call Next Week	Pair Corr
0.33	VLCN	Volcon Inc Trending	Pair Corr
0.49	WRB-PE	W R Berkley	Pair Corr
0.44	DIST	Distoken Acquisition	Pair Corr
0.39	OZK	Bank Ozk	Pair Corr
0.34	DG	Dollar General	Pair Corr
0.33	HAE	Haemonetics	Pair Corr
0.32	PANW	Palo Alto Networks	Pair Corr
0.55	WFC-PY	Wells Fargo	Pair Corr
0.53	BLAGF	Blue Lagoon Resources	Pair Corr
0.41	NNNN	Anbio Biotechnology Class	Pair Corr
0.41	BLK	BlackRock	Pair Corr
0.39	775109BB6	ROGERS MUNICATIONS INC	Pair Corr
0.37	B	Barrick Mining Symbol Change	Pair Corr

Related Correlations Analysis

	XXII	TPB	GGII	IMBBY	CLCFF	TMASF	MVVYF	NLVVF
XXII		-0.39	0.18	-0.07	0.14	-0.49	0.48	0.59	XXII
TPB	-0.39		-0.12	-0.26	-0.65	0.47	-0.06	-0.6	TPB
GGII	0.18	-0.12		-0.17	-0.04	-0.08	-0.15	0.08	GGII
IMBBY	-0.07	-0.26	-0.17		0.12	-0.31	-0.16	0.5	IMBBY
CLCFF	0.14	-0.65	-0.04	0.12		-0.38	-0.12	0.46	CLCFF
TMASF	-0.49	0.47	-0.08	-0.31	-0.38		-0.04	-0.72	TMASF
MVVYF	0.48	-0.06	-0.15	-0.16	-0.12	-0.04		0.15	MVVYF
NLVVF	0.59	-0.6	0.08	0.5	0.46	-0.72	0.15		NLVVF
	XXII	TPB	GGII	IMBBY	CLCFF	TMASF	MVVYF	NLVVF

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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

NLVVF	+ 0.59	XXII
NLVVF	+ 0.5	IMBBY
MVVYF	+ 0.48	XXII
TMASF	+ 0.47	TPB
NLVVF	+ 0.46	CLCFF
GGII	+ 0.18	XXII

High negative correlations

NLVVF	- 0.72	TMASF
CLCFF	- 0.65	TPB
NLVVF	- 0.6	TPB
TMASF	- 0.49	XXII
TPB	- 0.39	XXII
TMASF	- 0.38	CLCFF

Risk-Adjusted Indicators

There is a big difference between TAAT Pink Sheet performing well and TAAT Global 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 TAAT Global'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
XXII	5.89	(2.65)	0.00	(1.18)	0.00	0.00	11.11	(16.00)	62.34
TPB	1.87	0.45	0.15	1.25	1.85	(2.15)	2.55	(3.36)	31.44
GGII	40.43	13.76	0.18	(0.65)	29.89	(100.00)	100.00	(50.00)	150.00
IMBBY	1.09	(0.01)	0.00	0.35	0.00	0.00	2.05	(2.37)	9.86
CLCFF	7.01	0.26	0.04	0.32	7.51	(17.44)	22.22	(18.42)	92.67
TMASF	8.72	1.24	0.11	0.93	8.35	(15.11)	21.43	(17.65)	57.94
MVVYF	33.07	12.80	0.17	(3.95)	24.23	(100.35)	92.31	(64.86)	402.56
NLVVF	4.39	(2.58)	0.00	(1.53)	0.00	0.00	0.00	0.00	95.00

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TAAT Global Corporate Management

Paul Logan	Exploration Mang	Profile
Joseph Deighan	COO RD	Profile
Cindy Orser	Chief Board	Profile
Joel Dumaresq	CFO Chairman	Profile
Rupin Pawha	InHouse Counsel	Profile
Michael Saxon	CEO Director	Profile

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