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.
FREYR Battery Correlation With Market
Pay attention - limited upside
The correlation between FREYR Battery SA and DJI is -0.75 (i.e., Pay attention - limited upside) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding FREYR Battery SA and DJI in the same portfolio, assuming nothing else is changed.
FREYR |
Moving together with FREYR Stock
| 0.91 | TRNR | Interactive Strength | PairCorr |
| 0.85 | APVO | Aptevo Therapeutics | PairCorr |
| 0.88 | NIVF | NewGenIvf Group | PairCorr |
Moving against FREYR Stock
| 0.88 | DREUF | Dream Industrial Real | PairCorr |
| 0.84 | BCO | Brinks Company Earnings Call Today | PairCorr |
| 0.83 | ICAGY | International Consolidated Earnings Call Tomorrow | PairCorr |
| 0.83 | PDER | Pardee Resources | PairCorr |
| 0.8 | ESCA | Escalade Incorporated | PairCorr |
| 0.8 | CAPL | Crossamerica Partners | PairCorr |
| 0.8 | BHB | Bar Harbor Bankshares | PairCorr |
| 0.8 | TFC | Truist Financial Corp | PairCorr |
| 0.78 | ENBP | ENB Financial Corp | PairCorr |
| 0.76 | GEL | Genesis Energy LP | PairCorr |
| 0.76 | WEJTY | Webjet Limited | PairCorr |
| 0.76 | GL-PD | Globe Life 425 | PairCorr |
| 0.75 | SOJE | Southern Company | PairCorr |
| 0.69 | VHI | Valhi Inc Earnings Call This Week | PairCorr |
| 0.69 | DFKCY | Daifuku Co | PairCorr |
| 0.61 | UAMY | United States Antimony Buyout Trend | PairCorr |
| 0.57 | OXY | Occidental Petroleum Aggressive Push | PairCorr |
| 0.53 | PSX | Phillips 66 | PairCorr |
| 0.53 | NBTRF | Nobel Resources Corp | PairCorr |
| 0.46 | PRTS | CarPartsCom Earnings Call This Week | PairCorr |
| 0.89 | VALE | Vale SA ADR Aggressive Push | PairCorr |
| 0.82 | MOG-A | Moog Inc | PairCorr |
| 0.82 | TDY | Teledyne Technologies | PairCorr |
| 0.81 | CMI | Cummins | PairCorr |
| 0.8 | BKCYF | Bank Of Cyprus Holdings P Normal Trading | PairCorr |
| 0.79 | ALFVF | Alfa Laval AB | PairCorr |
| 0.79 | AOZOY | Aozora Bank | PairCorr |
| 0.77 | E | Eni SpA ADR Earnings Call Today | PairCorr |
| 0.77 | MBINN | Merchants Bancorp | PairCorr |
| 0.75 | TRP | TC Energy Corp | PairCorr |
| 0.75 | ASX | ASE Industrial Holding | PairCorr |
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
| High negative correlations
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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 Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| RHLD | 3.05 | 0.23 | 0.05 | 0.48 | 3.89 | 5.67 | 18.88 | |||
| AENZ | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| PHLT | 3.52 | 1.44 | 1.20 | 0.72 | 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 | 4.32 | 2.40 | 6.66 | 0.00 | 3.80 | 267.41 | |||
| AZUL | 5.39 | (2.46) | 0.00 | (3.71) | 0.00 | 9.29 | 37.84 | |||
| ESEAV | 2.28 | 1.56 | 0.00 | 9.34 | 0.00 | 7.12 | 4.15 | |||
| USX | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| NXU | 8.02 | (2.12) | 0.00 | 1.93 | 0.00 | 19.97 | 84.40 |
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 Spittel | Executive Development | Profile | |
| Amy Jaick | Head Commuication | Profile | |
| Peter Matrai | CoFounder Director | Profile | |
| Tove Ljungquist | Ex Operations | Profile | |
| Katrin Berntsen | VP Affairs | Profile | |
| Jeremy Bezdek | Executive Development | Profile |
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.