FGFPP Old Correlations

FGFPPDelisted Stock  USD 18.85  0.31  1.62%   
The current 90-days correlation between FGFPP Old and Alpha Star Acquisition is 0.09 (i.e., Significant diversification). The correlation of FGFPP 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.

FGFPP Old Correlation With Market

Good diversification

The correlation between FGFPP Old and DJI is -0.02 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding FGFPP 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 inflation.

Moving together with FGFPP Stock

  0.76BRK-B Berkshire Hathaway Sell-off TrendPairCorr
  0.85ALIZF Allianz SEPairCorr
  0.9ALIZY Allianz SE ADRPairCorr
  0.71AXAHY Axa SA ADRPairCorr
  0.81ZURVY Zurich InsurancePairCorr
  0.75ZFSVF Zurich InsurancePairCorr
  0.69AXAHF AXA SAPairCorr
  0.61AIG American InternationalPairCorr
  0.65LOCO El Pollo LocoPairCorr
  0.81FYBR Frontier CommunicationsPairCorr
  0.81WSFS WSFS FinancialPairCorr
  0.91NMIH NMI HoldingsPairCorr
  0.65ACR-PC ACRES Commercial RealtyPairCorr
  0.75NOMNF CANEX MetalsPairCorr
  0.86SMEGF Siemens Energy AGPairCorr
  0.8ATI Allegheny TechnologiesPairCorr
  0.82TLSNY Telia CompanyPairCorr
  0.74MIELF Mitsubishi ElectricPairCorr

Moving against FGFPP Stock

  0.85TRNR Interactive StrengthPairCorr
  0.8APVO Aptevo TherapeuticsPairCorr
  0.47VLCN VLCN Old Symbol ChangePairCorr
  0.31LAND Gladstone LandPairCorr
  0.61LPG Dorian LPGPairCorr

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

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High negative correlations

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Risk-Adjusted Indicators

There is a big difference between FGFPP Stock performing well and FGFPP 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 FGFPP 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.

Delisting Warning - FGFPP

FGFPP Old was delisted

The entity FGFPP Old with a symbol FGFPP was delisted from NASDAQ Exchange. Please try Fundamental Global with a symbol FGNXP from now on. Check all delisted instruments accross multiple markets.

FGFPP Old Corporate Management

Still Interested in FGFPP 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.