COMM Old Correlations

COMMDelisted Stock  USD 19.58  0.08  0.41%   
A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as COMM Old moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if COMM Old moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

COMM Old Correlation With Market

Very weak diversification

The correlation between COMM Old and DJI is 0.58 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding COMM Old and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Moving together with COMM Stock

  0.68MCD McDonaldsPairCorr
  0.69CSCO Cisco SystemsPairCorr
  0.74DD Dupont De NemoursPairCorr
  0.63PFE Pfizer Inc Sell-off TrendPairCorr
  0.69MRK Merck CompanyPairCorr

Moving against COMM Stock

  0.7MSFT Microsoft Earnings Call This WeekPairCorr
  0.68PIFMY Indofood Sukses MakmurPairCorr
  0.65PG Procter GamblePairCorr
  0.59T ATT Inc Earnings Call This WeekPairCorr
  0.56HPQ HP IncPairCorr
  0.43HD Home DepotPairCorr

Related Correlations Analysis


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

PLXSNIQ
AMBAPTRN
AVTPLXS
PTRNIPGP
AVTBDC
NIQVIAV
  

High negative correlations

AMBANIQ
PTRNNIQ
AMBAPLXS
PAYAVT
NIQIPGP
PAYPLXS

Risk-Adjusted Indicators

There is a big difference between COMM Stock performing well and COMM 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 COMM 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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
VIAV  2.25  0.50  0.21  0.41  2.24 
 4.69 
 30.34 
BDC  1.31 (0.08)(0.04) 0.00  1.76 
 3.11 
 10.85 
IPGP  1.86 (0.12)(0.02) 0.00  2.47 
 3.62 
 12.41 
NIQ  2.12  0.34  0.16  0.46  1.96 
 4.93 
 10.33 
PLXS  1.86  0.12  0.07  0.14  2.20 
 4.29 
 10.48 
AVT  1.13 (0.13) 0.00 (0.04) 0.00 
 2.62 
 6.78 
BL  1.48 (0.04)(0.02) 0.03  2.03 
 3.01 
 9.51 
PTRN  3.45  0.04  0.02  0.09  3.98 
 9.15 
 30.40 
PAY  2.21  0.06  0.00  0.31  3.13 
 3.65 
 36.06 
AMBA  2.81 (0.43) 0.00 (0.11) 0.00 
 5.30 
 24.30 

Delisting Warning - COMM

COMM Old was delisted

The entity COMM Old with a symbol COMM was delisted from NASDAQ Exchange. Please try CommScope Holding Company with a symbol VISN from now on. Check all delisted instruments accross multiple markets.

COMM Old Corporate Management

Farid FirouzbakhtSenior NetworksProfile
Steven BronkenHead NetworksProfile
Bartolomeo GiordanoIntelligent NetworkingProfile
Jennifer CPASenior OfficerProfile
Upendra PingleSenior NetworksProfile
Gonzaga ChowVP NetworksProfile
Koen LindeSenior SolutionsProfile

Still Interested in COMM Old?

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.