CSWI Old Correlations

CSWIDelisted Stock  USD 305.10  4.41  1.42%   
The correlation of CSWI 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.

CSWI Old Correlation With Market

Poor diversification

The correlation between CSWI Old and DJI is 0.63 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding CSWI 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 manufacturing.

Moving together with CSWI Stock

  0.62PPERF Bank Mandiri PerseroPairCorr
  0.62AA Alcoa CorpPairCorr
  0.65JPM JPMorgan ChasePairCorr

Moving against CSWI Stock

  0.55PBCRY Bank Central AsiaPairCorr
  0.35HPQ HP IncPairCorr
  0.31BKRKF PT Bank RakyatPairCorr

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

TRTN-PCJBTM
GMSJBTM
TRTN-PCGMS
HEESENOV
JBTMAIMC
AJRDAIMC
  

High negative correlations

ENOVTRTN-PC
ENOVJBTM
ENOVGMS
HEESTRTN-PC
HEESJBTM
HEESGMS

Risk-Adjusted Indicators

There is a big difference between CSWI Stock performing well and CSWI 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 CSWI 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
AIMC  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
JBTM  1.47  0.22  0.17  0.27  1.06 
 3.11 
 15.08 
AJRD  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
WIRE  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
GMS  1.39  0.63  0.50 (0.92) 0.00 
 1.43 
 25.00 
IAA  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
TRTN-PC  0.34  0.02 (0.08) 0.52  0.44 
 0.68 
 2.46 
GOL  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
ENOV  2.35 (0.73) 0.00 (0.23) 0.00 
 4.13 
 17.04 
HEES  0.66 (0.03) 0.00  0.28  0.00 
 1.14 
 4.69 

Delisting Warning - CSWI

CSWI Old was delisted

The entity CSWI Old with a symbol CSWI was delisted from NASDAQ Exchange. Please try CSW Industrials with a symbol CSW from now on. Check all delisted instruments accross multiple markets.

CSWI Old Corporate Executives

Elected by the shareholders, the CSWI Old's board of directors comprises two types of representatives: CSWI Old inside directors who are chosen from within the company, and outside directors, selected externally and held independent of CSWI. The board's role is to monitor CSWI Old's management team and ensure that shareholders' interests are well served. CSWI Old's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, CSWI Old's outside directors are responsible for providing unbiased perspectives on the board's policies.
James PerryExecutive CFOProfile

Still Interested in CSWI 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.