Processing
Collecting data for THO and TCK-B ...

Asset Comparison and Correlation

View All Portfolios

More Actions
- Select Assests
- Optimize Portfolio
- Suggest Portfolio
- Backtest Watchlist
- Analyze Correlations
- View Transactions
- Check Volatilities
- Import Equities
- Search Equities

Investment horizon:

30 Days Login to change

Run Correlation

Tahoe Resources Inc. vs Teck Resources Limited

Compare Fundamentals

Daily Returns (%)

TCK-B

THO

Change Benchmark

Embed

Export

Timeline

Assuming 30 trading days horizon, Tahoe Resources Inc is expected to under-perform the Teck. In addition to that, Tahoe is 1.87 times more volatile than Teck Resources Limited. It trades about -0.12 of its total potential returns per unit of risk. Teck Resources Limited is currently generating about 0.18 per unit of volatility. If you would invest 2,560 in Teck Resources Limited on April 21, 2013 and sell it today you would earn a total of 238.00 from holding Teck Resources Limited or generate 9.3% return on investment over 30 days.

Diversification

Very poor diversification

Overlapping area represents amount of risk that can be diversified away by holding Tahoe Resources Inc. and Teck Resources Limited in the same portfolio assuming nothing else is changed

Optimize

Correlation Coefficient

0.8

Parameters

Time Period	1 Month [change]
Direction	Positive
Strength	Strong
Accuracy	100.0%
Values	Daily Returns

Suggest

Follow Correlation between THO and TCK-B with Macroaxis syndicated feed, custom widget, or your favorite custom stock ticker

Get Widget

Add Correlation between THO and TCK-B to your reader

Syndicate

Share Correlation between THO and TCK-B

Find Opportunities

Predicted Return Density

Embed

Export

Returns

TCK-B

THO

Tahoe Resources Inc

Alpha

Profile

Tahoe

Performance

0	Out Of 100

Over 30

Days

Over the last 30 days Tahoe Resources Inc has generated negative risk-adjusted returns adding no value to investors with long positions.

Check Performance

Backtest

Predict Price

Match ups for Tahoe

Teck Resources Limited vs. Tahoe Resources Inc

Turquoise Hill Resources Ltd vs. Tahoe Resources Inc

First Quantum Minerals Ltd vs. Tahoe Resources Inc

Cameco Corporation vs. Tahoe Resources Inc

Inmet Mining Corporation vs. Tahoe Resources Inc

Central Fund of Canada Limited vs. Tahoe Resources Inc

Boliden AB vs. Tahoe Resources Inc

Uranium One Inc vs. Tahoe Resources Inc

Teck Resources Limited

Alpha

Profile

Teck

Performance

9	Out Of 100

Over 30

Days

91% of all equities and portfolios perform better than Teck Resources Limited. Compared with the overall equity markets, risk-adjusted returns on investments in Teck Resources Limited are ranked lower than 9 (%) of all global equities and portfolios over the last 30 days.

Check Performance

Backtest

Predict Price

Match ups for Teck

Teck Resources Limited vs. Teck Resources Limited

Turquoise Hill Resources Ltd vs. Teck Resources Limited

First Quantum Minerals Ltd vs. Teck Resources Limited

Cameco Corporation vs. Teck Resources Limited

Inmet Mining Corporation vs. Teck Resources Limited

Central Fund of Canada Limited vs. Teck Resources Limited

Boliden AB vs. Teck Resources Limited

Uranium One Inc vs. Teck Resources Limited

Tahoe Resources Inc vs. Teck Resources Limited

Content

Thanks for checking out Macroaxis

Tell us what you like and what you don't like. We promise we'll not only listen but write you back

Contact Us

Macroaxis is user-driven community of investors. We appreciate any feedback or comment you can provide. Please fill out our quick survey to help us provide your with a better service and user experience

Fill Out Quick Survey

Most of the functionality on our site is free to use. However we do provide premium service to sophisticated investors. Our premium subscription will give you unprecedented capabilities to optimize your portfolios using robust financial analysis toolkit, fast mean-variance optimization engine, and proven portfolio theory

Go Premium