Green Correlations
A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Green moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Green And Hill moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Green |
Moving together with Green Stock
| 0.81 | BKRKY | Bank Rakyat | PairCorr |
| 0.81 | PPERY | Bank Mandiri Persero | PairCorr |
| 0.69 | PPERF | Bank Mandiri Persero | PairCorr |
| 0.64 | PBCRY | Bank Central Asia | PairCorr |
| 0.66 | PTBRY | Bank Negara Indonesia | PairCorr |
Moving against Green Stock
| 0.81 | HA | Hawaiian Holdings | PairCorr |
| 0.81 | MSTR | MicroStrategy Incorporated | PairCorr |
| 0.78 | PLTR | Palantir Technologies Aggressive Push | PairCorr |
| 0.75 | DUOT | Duos Technologies | PairCorr |
| 0.72 | OZK | Bank Ozk Fiscal Year End 16th of January 2025 | PairCorr |
| 0.69 | WAVE | Eco Wave Power | PairCorr |
| 0.65 | NVDA | NVIDIA | PairCorr |
| 0.63 | MZHOF | Mizuho Financial | PairCorr |
| 0.63 | GOOGL | Alphabet Class A Aggressive Push | PairCorr |
| 0.59 | JPHLF | Japan Post Holdings | PairCorr |
| 0.57 | AGFY | Agrify Corp | PairCorr |
| 0.54 | MBFJF | Mitsubishi UFJ Financial | PairCorr |
| 0.47 | JXN-PA | Jackson Financial | PairCorr |
| 0.41 | CRNT | Ceragon Networks Tech Boost | PairCorr |
| 0.4 | KODK | Eastman Kodak Trending | PairCorr |
| 0.39 | MET | MetLife | PairCorr |
| 0.31 | ESLAW | Estrella Immunopharma | PairCorr |
| 0.78 | OPFI | OppFi Inc Downward Rally | PairCorr |
| 0.78 | TSLA | Tesla Inc Aggressive Push | PairCorr |
| 0.77 | KMI | Kinder Morgan Fiscal Year End 15th of January 2025 | PairCorr |
| 0.75 | DECK | Deckers Outdoor | PairCorr |
| 0.75 | TATT | Tat Techno | PairCorr |
| 0.74 | FTNT | Fortinet | PairCorr |
| 0.72 | CSCO | Cisco Systems Aggressive Push | PairCorr |
| 0.69 | MAIN | Main Street Capital | PairCorr |
| 0.69 | T | ATT Inc Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.67 | CME | CME Group | PairCorr |
| 0.67 | FSTR | LB Foster | PairCorr |
| 0.67 | BLK | BlackRock Fiscal Year End 10th of January 2025 | PairCorr |
| 0.67 | PANW | Palo Alto Networks | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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 Green Stock performing well and Green 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 Green'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| GMS | 1.30 | 0.08 | 0.09 | 0.17 | 1.39 | 2.62 | 8.96 | |||
| NEOG | 2.14 | (0.50) | 0.00 | (0.17) | 0.00 | 4.09 | 12.51 | |||
| SCL | 1.23 | (0.20) | (0.08) | 0.00 | 1.56 | 2.04 | 12.17 | |||
| CEIX | 1.69 | 0.12 | 0.15 | 0.17 | 1.48 | 5.15 | 14.10 | |||
| AKAN | 3.67 | (0.38) | 0.00 | (0.16) | 0.00 | 8.57 | 22.55 | |||
| KNOP | 1.49 | (0.25) | 0.00 | 1.90 | 0.00 | 2.42 | 18.04 | |||
| CNTA | 2.85 | 0.33 | 0.10 | 0.39 | 3.17 | 8.37 | 21.09 | |||
| HCM | 2.57 | (0.03) | (0.03) | 0.03 | 2.96 | 5.32 | 15.65 |
Green 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 Green stock to make a market-neutral strategy. Peer analysis of Green could also be used in its relative valuation, which is a method of valuing Green by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Still Interested in Green And Hill?
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.