FREY Old Correlations

FREYDelisted Stock  USD 1.33  0.03  2.31%   
The correlation of FREY 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.

FREY Old Correlation With Market

Good diversification

The correlation between FREY Old and DJI is -0.12 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding FREY 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 manufacturing.

Moving together with FREY Stock

  0.75FNMFO Federal National MortgagePairCorr
  0.77MSFT MicrosoftPairCorr
  0.76PG Procter GamblePairCorr
  0.69HD Home DepotPairCorr

Moving against FREY Stock

  0.82BCH Banco De Chile Normal TradingPairCorr
  0.81BAC Bank of America Earnings Call TomorrowPairCorr
  0.81CSCO Cisco SystemsPairCorr
  0.8CAT CaterpillarPairCorr
  0.77AXP American ExpressPairCorr
  0.74WF Woori Financial GroupPairCorr
  0.73KB KB Financial GroupPairCorr
  0.73XOM Exxon Mobil CorpPairCorr
  0.72JPM JPMorgan Chase Earnings Call TodayPairCorr
  0.71TRV The Travelers Companies Earnings Call This WeekPairCorr
  0.67WMT Walmart Common Stock Aggressive PushPairCorr
  0.67AA Alcoa CorpPairCorr
  0.65PFE Pfizer IncPairCorr
  0.63SHG Shinhan FinancialPairCorr
  0.62AVAL Grupo AvalPairCorr
  0.47IBM International BusinessPairCorr
  0.38VZ Verizon CommunicationsPairCorr

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

SVTRHLD
NXUAZUL
PHLTRHLD
SVTPHLT
ESEAVAZUL
NXUESEAV
  

High negative correlations

AZULSVT
NXUPHLT
AZULRHLD
NXURHLD
NXUSVT
AZULPHLT

Risk-Adjusted Indicators

There is a big difference between FREY Stock performing well and FREY 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 FREY 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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
RHLD  4.89  1.93  0.35 (2.44) 3.65 
 8.69 
 108.61 
AENZ  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
PHLT  3.52  1.58  1.20  1.57  0.00 
 0.55 
 115.74 
PFSW  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
AAN  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
SVT  8.51  4.09  2.40  1.28  0.00 
 3.80 
 267.41 
AZUL  5.39 (2.36) 0.00  5.53  0.00 
 9.29 
 37.84 
ESEAV  2.28  1.60  0.00 (4.25) 0.00 
 7.12 
 4.15 
USX  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
NXU  8.02 (2.31) 0.00 (2.62) 0.00 
 19.97 
 84.40 

Delisting Warning - FREY

FREY Old was delisted

The entity FREY Old with a symbol FREY was delisted from NASDAQ Exchange. Please try T1 Energy with a symbol TE from now on. Check all delisted instruments accross multiple markets.

FREY Old Corporate Management

Jeffrey SpittelExecutive DevelopmentProfile
Amy JaickHead CommuicationProfile
Peter MatraiCoFounder DirectorProfile
Tove LjungquistEx OperationsProfile
Katrin BerntsenVP AffairsProfile
Jeremy BezdekExecutive DevelopmentProfile

Still Interested in FREY 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.