Etn Fr Correlations

Delisted . USA . 
Etf . Etn Fr Colruyt
CUYTFDelisted Etf  USD 44.70  0.00  0.00%   
The current 90-days correlation between Etn Fr Colruyt and FT Vest Equity is 0.07 (i.e., Significant diversification). The correlation of Etn Fr 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.
  
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 estimate.

Moving against Etn Pink Sheet

  0.5IGV iShares Expanded Tech Low VolatilityPairCorr
  0.49PUI Invesco DWA UtilitiesPairCorr
  0.49VXF Vanguard Extended MarketPairCorr
  0.47TARK AXS 2X InnovationPairCorr
  0.45MDY SPDR SP MIDCAPPairCorr
  0.45BRW Saba Capital IncomePairCorr
  0.44SLYG SPDR SP 600PairCorr
  0.43SLYV SPDR SP 600PairCorr
  0.43MVPS Amplify Thematic AllPairCorr
  0.38ITOT iShares Core SPPairCorr
  0.38SGOV iShares 0 3PairCorr
  0.36JEPQ JPMorgan Nasdaq EquityPairCorr
  0.34SPY SPDR SP 500 Aggressive PushPairCorr
  0.34IVV iShares Core SPPairCorr
  0.34SCHG Schwab Large CapPairCorr
  0.34TDSC Cabana Target DrawdownPairCorr
  0.34VOO Vanguard SP 500PairCorr
  0.33KRMA Global X ConsciousPairCorr
  0.58IBIT iShares Bitcoin TrustPairCorr
  0.58BTC Grayscale Bitcoin MiniPairCorr
  0.53DVY iShares Select DividendPairCorr
  0.47DDIV First Trust RBAPairCorr
  0.47SFYX SoFi Next 500PairCorr
  0.45XSLV Invesco SP SmallCapPairCorr
  0.45UMDD ProShares UltraProPairCorr
  0.43LONZ PIMCO ETF TrustPairCorr
  0.43VOOV Vanguard SP 500PairCorr
  0.42TFLR T Rowe PricePairCorr
  0.4DRVN Driven Brands HoldingsPairCorr
  0.39CSHI SHP ETF TrustPairCorr
  0.38EQWL Invesco SP 100PairCorr
  0.37VTI Vanguard Total StockPairCorr
  0.36VALQ American Century STOXXPairCorr
  0.34AVGE Avantis All EquityPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

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   
JPM
+ 0.85
CRM
CRM
+ 0.77
T
XOM
+ 0.71
META
JPM
+ 0.67
F
XOM
+ 0.66
CRM
CRM
+ 0.65
META
  
High negative correlations   
MRK
- 0.92
CRM
MRK
- 0.83
JPM
MRK
- 0.78
T
JPM
- 0.64
A
XOM
- 0.56
MRK
MRK
- 0.54
META

Etn Fr Competition Risk-Adjusted Indicators

There is a big difference between Etn Pink Sheet performing well and Etn Fr 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 Etn Fr'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
META  1.06  0.06  0.02  0.21  1.39 
(1.15)
 2.62 
(3.15)
 8.02 
MSFT  0.90 (0.03)(0.04) 0.07  1.49 
(0.86)
 2.09 
(1.85)
 8.19 
UBER  1.62 (0.13)(0.05) 0.00  2.26 
(1.79)
 2.69 
(2.53)
 20.10 
F  1.43 (0.15)(0.04) 0.02  2.24 
(1.39)
 2.53 
(2.90)
 11.21 
T  0.92  0.26  0.12 (9.48) 0.86 
(1.06)
 2.56 
(1.72)
 6.47 
A  1.14 (0.13) 0.00 (0.12) 0.00 
 0.00 
 2.29 
(2.42)
 9.02 
CRM  1.29  0.26  0.22  0.36  0.91 
(1.53)
 3.18 
(1.91)
 9.09 
JPM  1.12 (0.01) 0.06  0.12  1.42 
(1.19)
 2.05 
(2.00)
 15.87 
MRK  0.89 (0.23) 0.00 (0.76) 0.00 
 0.00 
 2.00 
(2.13)
 4.89 
XOM  1.02 (0.06)(0.09) 0.00  1.34 
(1.07)
 2.10 
(2.09)
 5.74 

Etn Fr Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Etn Fr pink sheet to make a market-neutral strategy. Peer analysis of Etn Fr could also be used in its relative valuation, which is a method of valuing Etn Fr by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Still Interested in Etn Fr Colruyt?

Investing in delisted pink sheets can be risky, as the pink sheet 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.
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2024 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY