CSLR Old Correlations

CSLRDelisted Stock   1.81  0.03  1.63%   
The correlation of CSLR 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. If the correlation is 0, the equities are not correlated; they are entirely random.

CSLR Old Correlation With Market

Very good diversification

The correlation between CSLR Old and DJI is -0.26 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding CSLR 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 industry.

Moving together with CSLR Stock

  0.66PG Procter GamblePairCorr

Moving against CSLR Stock

  0.58CSCO Cisco SystemsPairCorr
  0.56PUTKY United Tractors TbkPairCorr
  0.51PFE Pfizer Inc Sell-off TrendPairCorr
  0.5MCD McDonaldsPairCorr
  0.46BAC Bank of AmericaPairCorr
  0.44DD Dupont De NemoursPairCorr
  0.43MRK Merck CompanyPairCorr
  0.39AXP American Express Earnings Call This WeekPairCorr
  0.31PTAIY Astra International TbkPairCorr

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

VSTESUNE
VSTENOVA
SUNENOVA
DLNGPHX
DLNGAE
DLNGISUNQ
  

High negative correlations

DLNGNOVA
DLNGSUNE
SUNEAE
AENOVA
VSTEAE
SUNEPHX

Risk-Adjusted Indicators

There is a big difference between CSLR Stock performing well and CSLR 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 CSLR 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
PFIE  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
SPI  7.31 (0.05) 0.00 (0.45) 0.00 
 12.90 
 68.60 
NOVA  11.44 (2.43) 0.00 (2.05) 0.00 
 27.78 
 136.43 
PHX  1.56  0.13  0.03  0.62  1.94 
 4.06 
 21.08 
AE  1.30  0.64  0.47 (1.12) 0.00 
 2.17 
 36.82 
SUNE  3.20 (0.51) 0.00 (0.14) 0.00 
 6.06 
 27.32 
ISUNQ  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
VSTE  7.12 (2.29) 0.00 (0.54) 0.00 
 15.10 
 78.76 
SUNWQ  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
DLNG  1.24  0.23  0.11 (2.63) 1.16 
 2.41 
 9.74 

Delisting Warning - CSLR

CSLR Old was delisted

The entity CSLR Old with a symbol CSLR was delisted from NASDAQ Exchange. Please try Complete Solaria with a symbol SPWR from now on. Check all delisted instruments accross multiple markets.

CSLR Old Corporate Management

Still Interested in CSLR 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.