Femto Technologies Correlations
| FMTODelisted Stock | 3.53 0.82 18.85% |
The current 90-days correlation between Femto Technologies and N2OFF Inc is 0.01 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Femto Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Femto Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Femto Technologies Correlation With Market
Excellent diversification
The correlation between Femto Technologies and DJI is -0.65 (i.e., Excellent diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Femto Technologies and DJI in the same portfolio, assuming nothing else is changed.
Femto |
Moving together with Femto Stock
Moving against Femto Stock
| 0.81 | TORO | Toro | PairCorr |
| 0.77 | GS | Goldman Sachs Group | PairCorr |
| 0.74 | EXAS | EXACT Sciences | PairCorr |
| 0.74 | USPH | US Physicalrapy | PairCorr |
| 0.71 | MEEEF | Metal Energy Corp | PairCorr |
| 0.7 | LRDC | Laredo Oil | PairCorr |
| 0.66 | ONON | On Holding | PairCorr |
| 0.66 | FRSB | First Resource Bank | PairCorr |
| 0.59 | YLLXF | Yellow Cake plc | PairCorr |
| 0.54 | TSM | Taiwan Semiconductor | PairCorr |
| 0.52 | BFS | Saul Centers | PairCorr |
| 0.52 | JOE | St Joe Company Earnings Call This Week | PairCorr |
| 0.48 | BLAGF | Blue Lagoon Resources | PairCorr |
| 0.33 | PBMRF | PT Bumi Resources | PairCorr |
| 0.71 | FRFFF | Fairfax Financial | PairCorr |
| 0.62 | PNRG | PrimeEnergy | PairCorr |
| 0.58 | SLSR | Solaris Resources | PairCorr |
| 0.54 | TATT | Tat Techno | PairCorr |
| 0.53 | CGECF | Cogeco Inc | PairCorr |
| 0.52 | UMAC | Unusual Machines Buyout Trend | PairCorr |
| 0.5 | TOGOF | TomaGold | PairCorr |
| 0.47 | GAYMF | Galway Metals | PairCorr |
| 0.44 | DUK-PA | Duke Energy | PairCorr |
| 0.43 | INTC | Intel | PairCorr |
| 0.39 | CAMZF | Camino Minerals | PairCorr |
| 0.38 | CYD | China Yuchai Interna Earnings Call This Week | PairCorr |
Related Correlations Analysis
| 0.77 | 0.86 | -0.86 | 0.0 | 0.0 | NITO | ||
| 0.77 | 0.77 | -0.75 | 0.0 | 0.0 | BHIL | ||
| 0.86 | 0.77 | -0.87 | 0.0 | 0.0 | YTEN | ||
| -0.86 | -0.75 | -0.87 | 0.0 | 0.0 | HYMC | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | BYU | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | KMCM | ||
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 Femto Stock performing well and Femto Technologies 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 Femto Technologies' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| NITO | 4.68 | (2.06) | 0.00 | (0.65) | 0.00 | 8.43 | 30.98 | |||
| BHIL | 24.04 | 1.44 | 0.05 | 1.27 | 25.61 | 71.43 | 231.55 | |||
| YTEN | 29.37 | 9.49 | 0.28 | 17.89 | 18.79 | 69.23 | 650.00 | |||
| HYMC | 6.99 | 2.62 | 0.34 | 16.59 | 5.62 | 19.48 | 67.66 | |||
| BYU | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| KMCM | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Femto Technologies Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Femto Technologies stock to make a market-neutral strategy. Peer analysis of Femto Technologies could also be used in its relative valuation, which is a method of valuing Femto Technologies by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Femto Technologies Corporate Executives
Elected by the shareholders, the Femto Technologies' board of directors comprises two types of representatives: Femto Technologies inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Femto. The board's role is to monitor Femto Technologies' management team and ensure that shareholders' interests are well served. Femto Technologies' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Femto Technologies' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Gabriel CPA | Secretary CFO | Profile | |
| Avner Tal | CTO Marketing | Profile |
Still Interested in Femto Technologies?
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.