EMLD Old Correlations

Summary

EMLDDelisted Stock

USD 10.98 0.28 2.62%

The current 90-days correlation between EMLD Old and ALSP Orchid Acquisition is 0.03 (i.e., Significant diversification). The correlation of EMLD 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.

EMLD Old Correlation With Market

Modest diversification

The correlation between EMLD Old and DJI is 0.2 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding EMLD 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 bureau of economic analysis.

Moving together with EMLD Stock

0.7	GOOGL	Alphabet Class A Aggressive Push	Pair Corr
0.62	WMT	Walmart Aggressive Push	Pair Corr
0.66	AXP	American Express Fiscal Year End 24th of January 2025	Pair Corr

Moving against EMLD Stock

0.79	BKRKY	Bank Rakyat	Pair Corr
0.79	PPERY	Bank Mandiri Persero	Pair Corr
0.77	PBCRY	Bank Central Asia	Pair Corr
0.77	KO	Coca Cola Fiscal Year End 11th of February 2025	Pair Corr
0.76	PPERF	Bank Mandiri Persero	Pair Corr
0.68	PTAIF	PT Astra International	Pair Corr
0.67	TLK	Telkom Indonesia Tbk	Pair Corr
0.63	MRK	Merck Company Fiscal Year End 6th of February 2025	Pair Corr
0.62	BKRKF	PT Bank Rakyat	Pair Corr
0.62	PTAIY	Astra International Tbk	Pair Corr
0.57	GE	GE Aerospace Fiscal Year End 28th of January 2025	Pair Corr
0.55	HPQ	HP Inc	Pair Corr
0.51	CAT	Caterpillar Fiscal Year End 3rd of February 2025	Pair Corr
0.47	TLKMF	Telkom Indonesia Tbk	Pair Corr
0.38	INTC	Intel Fiscal Year End 23rd of January 2025	Pair Corr
0.32	HD	Home Depot	Pair Corr

Related Correlations Analysis

	ATEK	AHRN	ASCB	ALOR	PLAOU	XPDBU	HAIAU	SCAQU	OHAA
ATEK		-0.3	-0.4	-0.5	-0.12	-0.64	0.69	0.28	0.05	ATEK
AHRN	-0.3		-0.41	0.91	0.67	0.65	-0.09	-0.67	-0.52	AHRN
ASCB	-0.4	-0.41		-0.11	-0.19	0.05	-0.47	-0.01	0.57	ASCB
ALOR	-0.5	0.91	-0.11		0.59	0.68	-0.33	-0.74	-0.37	ALOR
PLAOU	-0.12	0.67	-0.19	0.59		0.38	-0.09	-0.49	-0.18	PLAOU
XPDBU	-0.64	0.65	0.05	0.68	0.38		-0.34	-0.38	-0.19	XPDBU
HAIAU	0.69	-0.09	-0.47	-0.33	-0.09	-0.34		0.11	0.0	HAIAU
SCAQU	0.28	-0.67	-0.01	-0.74	-0.49	-0.38	0.11		0.02	SCAQU
OHAA	0.05	-0.52	0.57	-0.37	-0.18	-0.19	0.0	0.02		OHAA
	ATEK	AHRN	ASCB	ALOR	PLAOU	XPDBU	HAIAU	SCAQU	OHAA

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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

ALOR	+ 0.91	AHRN
HAIAU	+ 0.69	ATEK
XPDBU	+ 0.68	ALOR
PLAOU	+ 0.67	AHRN
XPDBU	+ 0.65	AHRN
PLAOU	+ 0.59	ALOR

High negative correlations

SCAQU	- 0.74	ALOR
SCAQU	- 0.67	AHRN
XPDBU	- 0.64	ATEK
OHAA	- 0.52	AHRN
ALOR	- 0.5	ATEK
SCAQU	- 0.49	PLAOU

Risk-Adjusted Indicators

There is a big difference between EMLD Stock performing well and EMLD 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 EMLD 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 Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
ATEK	3.21	(1.40)	0.00	8.06	0.00	2.23	(4.02)	100.22
AHRN	0.05	0.00	0.14	0.70	(0.13)	0.19	(0.10)	0.38
ASCB	0.02	(0.01)	0.00	(2.77)	0.00	0.00	0.00	0.46
ALOR	0.09	0.04	0.00	1.20	0.00	0.38	0.00	1.06
PLAOU	0.15	0.01	0.00	1.21	0.00	0.00	0.00	6.70
XPDBU	0.21	0.02	0.00	0.29	0.00	0.39	0.00	3.81
HAIAU	0.30	(0.10)	0.00	(0.56)	0.00	0.09	0.00	11.20
SCAQU	0.22	(0.03)	0.00	0.48	0.00	0.00	0.00	7.14
OHAA	0.12	(0.01)	0.00	0.70	0.00	0.20	(0.29)	3.67

Delisting Warning - EMLD

EMLD Old was delisted

The entity EMLD Old with a symbol EMLD was delisted from NASDAQ Exchange. Please try FTAC Emerald Acquisition with a symbol FLDD from now on. Check all delisted instruments accross multiple markets.

Still Interested in EMLD 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.

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