Agnico Eagle Correlations

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Correlation Matchups

The Correlation Coefficient is a useful tool to identify correlated or non-correlated securities, which is essential in developing a diversified portfolio. It tells us the relationship between two positions you have in your portfolio or considering acquiring. Over a given time period, the two securities movetogether 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    EQX + 0.89 TXG MOZ + 0.88 KRR DPM + 0.78 TXG EQX + 0.69 DPM RGD + 0.57 KRR RGD + 0.52 MOZ

High negative correlations    DPM - 0.6 MOZ DPM - 0.25 KRR WDO - 0.24 DPM DPM - 0.24 RGD TXG - 0.24 MOZ

Risk-Adjusted Indicators

Nowadays, there is a big difference between Agnico Stock performing well and Agnico Eagle company doing well compared to the competition. There are way too many exceptions to the normal that investors can tell for sure what's good or bad unless they analyze Agnico Eagle's multiple risk-adjusted performance indicators. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Agnico Eagle 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.

Agnico Eagle Corporate Directors

Agnico Eagle corporate directors refer to members of an Agnico Eagle board of directors. The board of directors generally takes responsibility for the Agnico Eagle's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Agnico Eagle's board members must vote for the resolution. The Agnico Eagle board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.

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Please note, there is a significant difference between Agnico Eagle's value and its price as these two are different measures arrived at by different means. Investors typically determine Agnico Eagle value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Agnico Eagle's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.