FREYR Battery Correlations

FREYDelisted Stock  USD 1.33  0.03  2.31%   
The correlation of FREYR Battery 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.
  
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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
AENZRHLD
PHLTRHLD
PFSWRHLD
AANRHLD
AZULRHLD
  

High negative correlations

NXUUSX
NXUESEAV
USXESEAV
NXUAZUL
USXAZUL
ESEAVAZUL

Risk-Adjusted Indicators

There is a big difference between FREYR Stock performing well and FREYR Battery 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 FREYR Battery'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  3.44  0.60  0.11 (8.91) 4.35 
 8.67 
 22.19 
AENZ  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
PHLT  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
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  4.58  2.43 (0.99) 0.00 
 3.80 
 267.41 
AZUL  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
ESEAV  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
USX  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
NXU  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 

Delisting Warning - FREY

FREYR Battery SA was delisted

The entity FREYR Battery SA with a symbol FREY was delisted from New York Stock Exchange. Please try T1 Energy with a symbol TE from now on. Check all delisted instruments accross multiple markets.

FREYR Battery Corporate Management

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

Still Interested in FREYR Battery SA?

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.