DATS Old Correlations

DATSDelisted Stock  USD 1.99  0.02  1.02%   
The current 90-days correlation between DATS Old and Next Technology Holding is 0.07 (i.e., Significant diversification). The correlation of DATS 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.

DATS Old Correlation With Market

Good diversification

The correlation between DATS Old and DJI is -0.06 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding DATS Old and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Investing Opportunities 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 population.

Moving together with DATS Stock

  0.61CVX Chevron CorpPairCorr
  0.75HD Home DepotPairCorr
  0.72PG Procter GamblePairCorr

Moving against DATS Stock

  0.87JNJ Johnson JohnsonPairCorr
  0.86MRK Merck Company Aggressive PushPairCorr
  0.85AA Alcoa Corp Sell-off TrendPairCorr
  0.84LNDNF Lundin Energy ABPairCorr
  0.8WMT Walmart Common StockPairCorr
  0.76CAT CaterpillarPairCorr
  0.71MCD McDonaldsPairCorr
  0.69KO Coca ColaPairCorr
  0.68BAC Bank of AmericaPairCorr
  0.64TRV The Travelers CompaniesPairCorr
  0.64XOM Exxon Mobil Corp Aggressive PushPairCorr
  0.6IBM International BusinessPairCorr
  0.51PFE Pfizer IncPairCorr

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

LYTNXTT
LYTXTIA
XTIANXTT
GVPNXTT
MTBLNXTT
AGILNXTT
  

High negative correlations

MINMNXTT
MINMLYT
MINMXTIA
LYTQXO
QXOXTIA
QXONXTT

Risk-Adjusted Indicators

There is a big difference between DATS Stock performing well and DATS 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 DATS 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
NXTT  5.15 (1.62) 0.00 (0.57) 0.00 
 9.37 
 44.70 
GVP  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
MTBL  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
AGIL  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
XTIA  3.78 (0.21) 0.00 (0.04) 0.00 
 7.80 
 25.06 
QXO  2.42 (0.03) 0.03  0.05  2.48 
 5.57 
 13.96 
LYT  8.49 (0.41) 0.00  0.43  0.00 
 22.31 
 57.62 
MINM  10.11  3.55  0.47  0.83  5.60 
 22.85 
 164.04 
RBT  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 

Delisting Warning - DATS

DATS Old was delisted

The entity DATS Old with a symbol DATS was delisted from NASDAQ Exchange. Please try Myseum, with a symbol MYSE from now on. Check all delisted instruments accross multiple markets.

DATS Old Corporate Management

Rene MonguiI SmarterVerseProfile
Peter ShelusCTO FounderProfile
Brett BlumbergChief OfficerProfile
Johan MolinaI SmarterVerseProfile
Ingrith SalazarI SmarterVerseProfile
Gabriel DanielsChief OfficerProfile
Mark MathisChief ArchitectProfile

Still Interested in DATS 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.