Color Star Correlations
| ADDDelisted Stock | USD 1.69 0.26 18.18% |
The current 90-days correlation between Color Star Technology and Starbox Group Holdings is -0.07 (i.e., Good diversification). The correlation of Color Star 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.
Color Star Correlation With Market
Excellent diversification
The correlation between Color Star Technology and DJI is -0.63 (i.e., Excellent diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Color Star Technology and DJI in the same portfolio, assuming nothing else is changed.
Color |
Moving together with Color Stock
Moving against Color Stock
| 0.94 | BBDO | Banco Bradesco SA | PairCorr |
| 0.9 | BCH | Banco De Chile | PairCorr |
| 0.89 | SHG | Shinhan Financial | PairCorr |
| 0.88 | NNBR | NN Inc | PairCorr |
| 0.87 | KB | KB Financial Group | PairCorr |
| 0.87 | SLSR | Solaris Resources | PairCorr |
| 0.86 | TOGOF | TomaGold | PairCorr |
| 0.86 | MEGI | MainStay CBRE Global | PairCorr |
| 0.85 | JOE | St Joe Company Earnings Call This Week | PairCorr |
| 0.84 | WF | Woori Financial Group | PairCorr |
| 0.83 | WFC-PL | Wells Fargo | PairCorr |
| 0.81 | GRBK | Green Brick Partners Earnings Call This Week | PairCorr |
| 0.78 | MEEEF | Metal Energy Corp | PairCorr |
| 0.75 | AVAL | Grupo Aval | PairCorr |
| 0.65 | PRTS | CarPartsCom | PairCorr |
| 0.63 | TATT | Tat Techno | PairCorr |
| 0.61 | 482480AN0 | KLAC 525 15 | PairCorr |
| 0.5 | BAC-PL | Bank of America | PairCorr |
| 0.43 | FRFFF | Fairfax Financial | PairCorr |
| 0.41 | 91324PES7 | UNH 5875 15 | PairCorr |
| 0.37 | UMAC | Unusual Machines Tech Boost | PairCorr |
| 0.95 | LAND | Gladstone Land Earnings Call Tomorrow | PairCorr |
| 0.92 | CYD | China Yuchai Interna Earnings Call This Week | PairCorr |
| 0.9 | AES | AES Earnings Call This Week | PairCorr |
| 0.89 | FRSB | First Resource Bank | PairCorr |
| 0.88 | MTGRF | Mount Gibson Iron | PairCorr |
| 0.88 | MXCHY | Orbia Advance Corp | PairCorr |
| 0.88 | CGECF | Cogeco Inc | PairCorr |
| 0.86 | CAMZF | Camino Minerals | PairCorr |
| 0.84 | BNEFF | Bonterra Energy Corp | PairCorr |
| 0.83 | DUK-PA | Duke Energy | PairCorr |
| 0.83 | BFS | Saul Centers Earnings Call This Week | PairCorr |
Related Correlations Analysis
| 0.55 | 0.0 | 0.6 | 0.46 | 0.0 | SWAG | ||
| 0.55 | 0.0 | 0.82 | 0.79 | 0.0 | STBX | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | CSSE | ||
| 0.6 | 0.82 | 0.0 | 0.85 | 0.0 | SLE | ||
| 0.46 | 0.79 | 0.0 | 0.85 | 0.0 | CURI | ||
| 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
|
Risk-Adjusted Indicators
There is a big difference between Color Stock performing well and Color Star 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 Color Star'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 | 3.97 | (0.71) | 0.00 | (0.20) | 0.00 | 8.70 | 18.32 | |||
| STBX | 8.75 | (4.24) | 0.00 | (19.94) | 0.00 | 12.07 | 66.90 | |||
| CSSE | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| SLE | 6.38 | (1.64) | 0.00 | (4.94) | 0.00 | 10.37 | 46.03 | |||
| CURI | 2.48 | (0.51) | 0.00 | (0.46) | 0.00 | 4.84 | 16.84 | |||
| GSMG | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Delisting Warning - ADD
Color Star Technology was delisted
| The entity Color Star Technology 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. |
Color Star 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 Color Star Technology?
Investing in delisted delisted stocks can be risky, as the stock is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.