ADD Old Correlations
| ADDDelisted Stock | USD 1.69 0.26 18.18% |
The current 90-days correlation between ADD Old and Starbox Group Holdings is -0.07 (i.e., Good diversification). The correlation of ADD Old 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.
ADD Old Correlation With Market
Significant diversification
The correlation between ADD Old and DJI is 0.07 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding ADD Old and DJI in the same portfolio, assuming nothing else is changed.
ADD |
Moving together with ADD Stock
Moving against ADD Stock
| 0.86 | MRK | Merck Company Aggressive Push | PairCorr |
| 0.85 | JNJ | Johnson Johnson | PairCorr |
| 0.83 | AA | Alcoa Corp Sell-off Trend | PairCorr |
| 0.81 | CSCO | Cisco Systems Sell-off Trend | PairCorr |
| 0.77 | DD | Dupont De Nemours | PairCorr |
| 0.7 | BAC | Bank of America | PairCorr |
| 0.69 | CAT | Caterpillar | PairCorr |
| 0.66 | TRV | The Travelers Companies | PairCorr |
| 0.61 | XOM | Exxon Mobil Corp Aggressive Push | PairCorr |
| 0.6 | KO | Coca Cola | PairCorr |
| 0.52 | PFE | Pfizer Inc | PairCorr |
| 0.5 | IBM | International Business | PairCorr |
| 0.46 | MMM | 3M Company | PairCorr |
| 0.34 | INTC | Intel Sell-off Trend | PairCorr |
Related Correlations Analysis
| -0.39 | 0.0 | -0.28 | -0.38 | -0.47 | 0.0 | SWAG | ||
| -0.39 | 0.0 | 0.92 | 0.89 | 0.72 | 0.0 | STBX | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | CSSE | ||
| -0.28 | 0.92 | 0.0 | 0.88 | 0.66 | 0.0 | HOFV | ||
| -0.38 | 0.89 | 0.0 | 0.88 | 0.64 | 0.0 | SLE | ||
| -0.47 | 0.72 | 0.0 | 0.66 | 0.64 | 0.0 | CURI | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | GSMG | ||
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 ADD Stock performing well and ADD Old 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 ADD Old'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SWAG | 4.21 | (0.11) | 0.01 | 0.03 | 6.29 | 8.70 | 63.62 | |||
| STBX | 8.75 | (4.29) | 0.00 | (3.73) | 0.00 | 12.07 | 66.90 | |||
| CSSE | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| HOFV | 5.89 | (0.67) | 0.00 | (4.15) | 0.00 | 12.50 | 35.42 | |||
| SLE | 9.55 | (1.09) | 0.00 | 0.72 | 0.00 | 12.50 | 189.97 | |||
| CURI | 3.03 | (0.38) | 0.00 | (1.31) | 0.00 | 5.53 | 33.31 | |||
| GSMG | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Delisting Warning - ADD
ADD Old was delisted
| The entity ADD Old with a symbol ADD was delisted from NASDAQ Exchange. Please try Zeta Network Group with a symbol ZNB from now on. Check all delisted instruments accross multiple markets. |
ADD Old Corporate Management
| Farhan Qadir | CEO Director | Profile | |
| John Shaw | Director Communications | Profile | |
| Yanwei He | Finance Controller | Profile | |
| Ma Xueying | Chief Engineer | Profile | |
| Yang Liu | Vice Technology | Profile | |
| Lili Jiang | Chief Officer | Profile |
Still Interested in ADD Old?
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