Enterprise Correlations
| ENTFDelisted Stock | USD 10.67 0.00 0.00% |
The current 90-days correlation between Enterprise 40 Technology and OCA Acquisition Corp is 0.13 (i.e., Average diversification). The correlation of Enterprise 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.
Enterprise Correlation With Market
Good diversification
The correlation between Enterprise 40 Technology and DJI is -0.09 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Enterprise 40 Technology and DJI in the same portfolio, assuming nothing else is changed.
Enterprise |
Moving together with Enterprise Stock
| 0.74 | SSNLF | Samsung Electronics | PairCorr |
| 0.85 | PTAIF | PT Astra International | PairCorr |
| 0.82 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
| 0.79 | INTC | Intel Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.72 | HD | Home Depot | PairCorr |
| 0.79 | CVX | Chevron Corp Fiscal Year End 7th of February 2025 | PairCorr |
| 0.81 | BAC | Bank of America Aggressive Push | PairCorr |
| 0.81 | DIS | Walt Disney Aggressive Push | PairCorr |
| 0.86 | CSCO | Cisco Systems Aggressive Push | PairCorr |
| 0.67 | CAT | Caterpillar Fiscal Year End 3rd of February 2025 | PairCorr |
| 0.86 | WMT | Walmart Aggressive Push | PairCorr |
| 0.64 | HPQ | HP Inc | PairCorr |
| 0.68 | JPM | JPMorgan Chase Sell-off Trend | PairCorr |
| 0.81 | TRV | The Travelers Companies Fiscal Year End 17th of January 2025 | PairCorr |
Moving against Enterprise Stock
| 0.89 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.87 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
| 0.81 | BKRKY | Bank Rakyat | PairCorr |
| 0.8 | BKRKF | PT Bank Rakyat | PairCorr |
| 0.8 | PPERF | Bank Mandiri Persero | PairCorr |
| 0.79 | TLK | Telkom Indonesia Tbk | PairCorr |
| 0.74 | PPERY | Bank Mandiri Persero | PairCorr |
| 0.49 | PBCRY | Bank Central Asia | PairCorr |
| 0.42 | PBCRF | PT Bank Central | PairCorr |
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
| High negative correlations
|
Risk-Adjusted Indicators
There is a big difference between Enterprise Stock performing well and Enterprise 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 Enterprise'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 | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| OCAX | 0.31 | 0.02 | (0.14) | (0.43) | 0.42 | 0.82 | 3.26 | |||
| DPCS | 0.61 | 0.19 | 0.02 | (0.57) | 0.75 | 0.70 | 17.65 | |||
| ASCB | 0.07 | (0.04) | 0.00 | (1.54) | 0.00 | 0.00 | 1.88 | |||
| ATEK | 1.08 | 0.16 | (0.01) | (0.15) | 1.85 | 2.30 | 18.27 | |||
| OLITW | 16.13 | 2.50 | 0.08 | (0.45) | 17.72 | 48.79 | 136.01 | |||
| OAKUU | 0.37 | 0.04 | 0.00 | 0.94 | 0.00 | 1.44 | 8.58 | |||
| DHAC | 3.71 | 0.17 | 0.02 | 0.44 | 4.64 | 11.52 | 39.15 | |||
| INAQ | 2.49 | 0.42 | 0.02 | (0.25) | 4.54 | 8.82 | 38.96 | |||
| DPCSW | 17.21 | 2.87 | 0.14 | 0.68 | 16.53 | 46.49 | 185.90 | |||
| CNDB | 0.03 | (0.01) | 0.00 | 0.81 | 0.00 | 0.10 | 0.38 |
View Enterprise Related Equities
| Risk & Return | Correlation |
Enterprise Corporate Management
| Eric Benhamou | CEO Director | Profile | |
| Christopher Paisley | CFO Director | Profile | |
| Yashwanth Hemaraj | Chief Officer | Profile | |
| Ronald Sege | Chief Officer | Profile |
Still Interested in Enterprise 40 Technology?
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.