Titan America Correlations
| TTAM Stock | 14.04 0.62 4.23% |
The current 90-days correlation between Titan America SA and Bright Scholar Education is -0.1 (i.e., Good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Titan America moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Titan America SA moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Titan America Correlation With Market
Weak diversification
The correlation between Titan America SA and DJI is 0.37 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Titan America SA and DJI in the same portfolio, assuming nothing else is changed.
Moving together with Titan Stock
| 0.61 | CX | Cemex SAB de Earnings Call This Week | PairCorr |
| 0.63 | CRH | CRH PLC ADR | PairCorr |
| 0.62 | MLM | Martin Marietta Materials Earnings Call This Week | PairCorr |
| 0.69 | VMC | Vulcan Materials | PairCorr |
| 0.66 | TGLS | Tecnoglass | PairCorr |
| 0.69 | USLM | United States Lime | PairCorr |
Moving against Titan Stock
| 0.35 | B | Barrick Mining Earnings Call This Week | PairCorr |
| 0.31 | BCC | Boise Cascad Llc | PairCorr |
| 0.32 | HL | Hecla Mining | PairCorr |
| 0.55 | HYMCL | Hycroft Mining Holding | PairCorr |
| 0.5 | ENFY | Enlightify Symbol Change | PairCorr |
Related Correlations Analysis
| 0.68 | 0.41 | 0.0 | 0.46 | 0.8 | 0.0 | FMCKO | ||
| 0.68 | 0.18 | 0.0 | 0.52 | 0.61 | 0.0 | BEDU | ||
| 0.41 | 0.18 | 0.0 | 0.21 | 0.49 | 0.0 | GNL-PD | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 1.0 | KDCE | ||
| 0.46 | 0.52 | 0.21 | 0.0 | 0.25 | 0.0 | DJCO | ||
| 0.8 | 0.61 | 0.49 | 0.0 | 0.25 | 0.0 | LDI | ||
| 0.0 | 0.0 | 0.0 | 1.0 | 0.0 | 0.0 | LEAI | ||
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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 Titan Stock performing well and Titan America 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 Titan America'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| FMCKO | 1.34 | 0.41 | 0.13 | 2.87 | 1.00 | 4.27 | 15.56 | |||
| BEDU | 2.84 | 0.26 | 0.03 | (1.12) | 3.21 | 7.88 | 27.73 | |||
| GNL-PD | 0.64 | 0.09 | 0.00 | 0.39 | 0.68 | 1.59 | 4.13 | |||
| KDCE | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| DJCO | 1.76 | (0.04) | (0.02) | 0.09 | 2.38 | 3.70 | 13.17 | |||
| LDI | 3.55 | 0.77 | 0.18 | 0.90 | 3.11 | 10.78 | 18.62 | |||
| LEAI | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Titan America Corporate Management
| Randy Dunlap | Executive Strategy | Profile | |
| Lawrence Wilt | Chief Officer | Profile | |
| Robert Paxton | Chief Officer | Profile | |
| Dan Quirk | Chief Officer | Profile |