FI Old Correlations

Summary

FIDelisted Stock

USD 63.80 0.11 0.17%

The current 90-days correlation between FI Old and Cognizant Technology Solutions is 0.08 (i.e., Significant diversification). The correlation of FI 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.

FI Old Correlation With Market

Significant diversification

The correlation between FI Old and DJI is 0.04 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding FI 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 gross domestic product.

Moving together with FI Old Stock

0.69

12532HAF1

GIBACN 23 14

Pair Corr

Moving against FI Old Stock

0.85	ALVLF	Big Ridge Gold	Pair Corr
0.75	BLMC	Biloxi Marsh Lands	Pair Corr
0.74	NOEM	CO2 Energy Transition	Pair Corr
0.74	GWW	WW Grainger	Pair Corr
0.69	CX	Cemex SAB de	Pair Corr
0.69	HL	Hecla Mining	Pair Corr
0.67	REGN	Regeneron Pharmaceuticals	Pair Corr
0.65	LNDNF	Lundin Energy AB	Pair Corr
0.65	APGE	Apogee Therapeutics,	Pair Corr
0.65	ULTA	Ulta Beauty	Pair Corr
0.64	SHUFF	Shufersal Trending	Pair Corr
0.64	IDN	Intellicheck Mobilisa	Pair Corr
0.6	AVTBF	Avant Brands	Pair Corr
0.57	RGC	Regencell Bioscience	Pair Corr
0.53	TSLA	Tesla Inc	Pair Corr
0.52	PHAR	Pharming Group NV	Pair Corr
0.47	EGP	EastGroup Properties	Pair Corr
0.44	KYOCF	Kyocera	Pair Corr
0.87	AA	Alcoa Corp	Pair Corr
0.79	CRRFY	Carrefour SA PK	Pair Corr
0.75	ASTI	Ascent Solar Technol Upward Rally	Pair Corr
0.73	AAL	American Airlines	Pair Corr
0.72	GM	General Motors	Pair Corr
0.72	TAK	Takeda Pharmaceutical	Pair Corr
0.72	BAC	Bank of America Sell-off Trend	Pair Corr
0.65	ZPTA	Zapata Computing Holdings Tech Boost	Pair Corr
0.61	DNLMY	Dunelm Group PLC	Pair Corr
0.61	RLMD	Relmada Therapeutics	Pair Corr
0.57	AKAM	Akamai Technologies	Pair Corr
0.5	HE	Hawaiian Electric	Pair Corr
0.45	DDS	Dillards,	Pair Corr

Related Correlations Analysis

	CTSH	FIS	ERIC	WIT	ASX	LDOS	BR	HPE	IT	CDW
CTSH		0.12	0.48	0.81	0.66	-0.32	-0.14	-0.01	-0.21	-0.63	CTSH
FIS	0.12		-0.24	0.38	-0.36	-0.01	0.68	0.44	0.27	0.1	FIS
ERIC	0.48	-0.24		0.25	0.54	-0.02	-0.53	-0.26	-0.45	-0.44	ERIC
WIT	0.81	0.38	0.25		0.44	-0.52	0.16	0.23	0.1	-0.42	WIT
ASX	0.66	-0.36	0.54	0.44		-0.32	-0.61	-0.13	-0.18	-0.36	ASX
LDOS	-0.32	-0.01	-0.02	-0.52	-0.32		-0.01	0.09	-0.18	0.14	LDOS
BR	-0.14	0.68	-0.53	0.16	-0.61	-0.01		0.19	0.25	0.24	BR
HPE	-0.01	0.44	-0.26	0.23	-0.13	0.09	0.19		0.57	0.44	HPE
IT	-0.21	0.27	-0.45	0.1	-0.18	-0.18	0.25	0.57		0.63	IT
CDW	-0.63	0.1	-0.44	-0.42	-0.36	0.14	0.24	0.44	0.63		CDW
	CTSH	FIS	ERIC	WIT	ASX	LDOS	BR	HPE	IT	CDW

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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

WIT	+ 0.81	CTSH
BR	+ 0.68	FIS
ASX	+ 0.66	CTSH
CDW	+ 0.63	IT
IT	+ 0.57	HPE
ASX	+ 0.54	ERIC

High negative correlations

CDW	- 0.63	CTSH
BR	- 0.61	ASX
BR	- 0.53	ERIC
LDOS	- 0.52	WIT
IT	- 0.45	ERIC
CDW	- 0.44	ERIC

Risk-Adjusted Indicators

There is a big difference between FI Old Stock performing well and FI 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 FI 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	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
CTSH	0.96	0.39	0.23	(2.01)	0.79	(1.08)	2.80	(1.93)	8.17
FIS	0.98	0.07	0.02	0.26	1.56	(0.98)	2.19	(1.86)	9.11
ERIC	1.26	0.31	0.17	2.00	1.16	(1.52)	1.97	(1.89)	25.04
WIT	1.04	0.13	0.05	(0.50)	0.97	(1.40)	1.94	(2.02)	9.01
ASX	2.11	0.65	0.22	(1.46)	2.06	(2.31)	5.45	(3.59)	13.07
LDOS	1.07	0.00	(0.02)	0.06	1.38	(1.08)	2.11	(2.43)	6.28
BR	0.72	(0.08)	0.00	(0.14)	0.00	0.00	1.15	(1.92)	5.47
HPE	1.70	0.04	(0.01)	(0.35)	3.25	(1.42)	2.85	(4.17)	14.81
IT	1.46	(0.01)	0.00	0.10	0.00	0.00	4.38	(4.35)	15.43
CDW	1.36	(0.18)	0.00	(1.52)	0.00	0.00	2.61	(3.29)	13.22

Delisting Warning - FI

FI Old was delisted

The entity FI Old with a symbol FI was delisted from NASDAQ Exchange. Please try Fiserv, Common Stock with a symbol FISV from now on. Check all delisted instruments accross multiple markets.

Still Interested in FI 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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