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Last Update: 04-Oct-2024, 17:57 CST

ARMN Correlation Report

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Correlation Plot    ExplainYTD: ARMN  35.9 %  vs. SPX  20.6 % 
Aris Mining Corporation Common Shares

* Correlation: MODERATE* Reward: correlation not >= 0.6 or <= -0.6
* Diversifier: WEAK* Risk: HIGH

CC *Alpha *Beta *RR *R-Scatter *% Win *

0.596

-0.951

3.50

-97

18.8

46.7
* Last 60 market days. ARMN relative to SPX - S&P 500 Index
Most Correlated Non-ETF Securities:
RankARMN CCTicker Symbol - Security NameSPX CCSPX AlphaSPX Beta
1
0.774 Subscribe first then Login to view complete reports now

0.553

0.309

3.56
2
0.765 Subscribe first then Login to view complete reports now

0.594

-0.086

1.57
3
0.746 Subscribe first then Login to view complete reports now

0.655

-0.220

3.86
4
0.723 Subscribe first then Login to view complete reports now

0.595

-0.029

3.04
5
1
0.721 RGLD - Royal Gold Inc.

0.503

0.019

1.41
Least Correlated Non-ETF Securities:
RankARMN CCTicker Symbol - Security NameSPX CCSPX AlphaSPX Beta
1
63
0.000 Subscribe first then Login to view complete reports now

0.156

-0.365

1.50
2
1
-0.002 Subscribe first then Login to view complete reports now

0.160

-0.252

2.53
3
21
-0.002 Subscribe first then Login to view complete reports now

0.281

0.148

2.74
4
17
-0.002 Subscribe first then Login to view complete reports now

0.056

0.131

1.01
5
39
0.002 UGP - Ultrapar Participacoes S.A. American Depositary Shares (Each representing one Common Share)

0.166

-0.447

2.35
Most Anti-Correlated Non-ETF Securities:
RankARMN CCTicker Symbol - Security NameSPX CCSPX AlphaSPX Beta
1
-0.488 Subscribe first then Login to view complete reports now

-0.511

0.641

-1.40
2
1
-0.361 Subscribe first then Login to view complete reports now

-0.497

-0.039

-0.52
3
1
-0.353 Subscribe first then Login to view complete reports now

-0.616

0.124

-0.53
4
-0.351 Subscribe first then Login to view complete reports now

-0.370

0.043

-0.26
5
1
-0.329 GIS - General Mills Inc.

-0.278

0.370

-1.08




 

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