JAN Old Correlations

Summary

The current 90-days correlation between JAN Old and Avalon Holdings is -0.36 (i.e., Very good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as JAN Old moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if JAN Old moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

JAN Old Correlation With Market

Significant diversification

The correlation between JAN Old and DJI is 0.04 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding JAN Old and DJI in the same portfolio, assuming nothing else is changed.

Check out Risk vs Return Analysis 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 nation.

Moving together with JAN Stock

0.62	BKRKY	Bank Rakyat Earnings Call This Week	Pair Corr
0.81	PTAIF	PT Astra International	Pair Corr
0.62	PPERF	Bank Mandiri Persero	Pair Corr
0.63	PPERY	Bank Mandiri Persero	Pair Corr
0.68	PBCRY	Bank Central Asia	Pair Corr
0.79	HPQ	HP Inc	Pair Corr
0.79	XOM	Exxon Mobil Corp Earnings Call Today	Pair Corr
0.8	DD	Dupont De Nemours Earnings Call This Week	Pair Corr
0.61	TRV	The Travelers Companies	Pair Corr

Moving against JAN Stock

0.73	MNPR	Monopar Therapeutics	Pair Corr
0.61	WMT	Walmart Aggressive Push	Pair Corr
0.57	CSCO	Cisco Systems	Pair Corr
0.57	AXP	American Express	Pair Corr
0.53	MMM	3M Company	Pair Corr
0.43	IBM	International Business Upward Rally	Pair Corr
0.37	MSFT	Microsoft Downward Rally	Pair Corr

Related Correlations Analysis

	AWX	LNZA	AMBI	HNRC	BTQNF	JPEX	SNRG	AGXXF	BCCEF
AWX		-0.24	-0.81	-0.18	0.33	-0.64	-0.47	-0.36	0.4	AWX
LNZA	-0.24		0.31	0.03	0.32	0.49	0.2	0.01	0.16	LNZA
AMBI	-0.81	0.31		0.09	-0.07	0.71	0.44	0.2	-0.29	AMBI
HNRC	-0.18	0.03	0.09		-0.35	-0.02	0.29	0.36	-0.15	HNRC
BTQNF	0.33	0.32	-0.07	-0.35		0.04	-0.46	-0.47	0.35	BTQNF
JPEX	-0.64	0.49	0.71	-0.02	0.04		0.28	-0.03	-0.09	JPEX
SNRG	-0.47	0.2	0.44	0.29	-0.46	0.28		0.29	-0.28	SNRG
AGXXF	-0.36	0.01	0.2	0.36	-0.47	-0.03	0.29		-0.47	AGXXF
BCCEF	0.4	0.16	-0.29	-0.15	0.35	-0.09	-0.28	-0.47		BCCEF
	AWX	LNZA	AMBI	HNRC	BTQNF	JPEX	SNRG	AGXXF	BCCEF

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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

JPEX	+ 0.71	AMBI
JPEX	+ 0.49	LNZA
SNRG	+ 0.44	AMBI
BCCEF	+ 0.4	AWX
AGXXF	+ 0.36	HNRC
BCCEF	+ 0.35	BTQNF

High negative correlations

AMBI	- 0.81	AWX
JPEX	- 0.64	AWX
BCCEF	- 0.47	AGXXF
AGXXF	- 0.47	BTQNF
SNRG	- 0.47	AWX
SNRG	- 0.46	BTQNF

Risk-Adjusted Indicators

There is a big difference between JAN Stock performing well and JAN 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 JAN 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 Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
AWX	2.58	0.53	0.16	(0.86)	2.07	(4.04)	5.63	(3.64)	29.59
LNZA	6.81	(0.92)	0.00	(0.23)	0.00	0.00	17.00	(11.87)	47.71
AMBI	3.91	(0.32)	0.00	4.18	0.00	0.00	10.10	(7.80)	20.97
HNRC	11.39	1.17	0.10	0.53	11.82	(14.34)	40.35	(17.50)	83.01
BTQNF	0.47	0.02	0.00	(0.51)	0.00	0.00	0.00	(0.26)	18.25
JPEX	3.99	(0.48)	0.00	1.30	0.00	0.00	0.00	0.00	150.00
SNRG	10.37	0.43	0.03	0.72	11.67	(12.72)	28.89	(18.92)	73.28
AGXXF	1.13	0.03	0.00	0.04	0.00	0.00	4.58	(5.00)	16.04
BCCEF	8.56	1.71	0.08	(0.39)	9.18	(21.58)	19.83	(23.70)	99.63

Delisting Warning - JAN

JAN Old was delisted

The entity JAN Old with a symbol JAN was delisted from NASDAQ Exchange. Please try ALT5 Sigma with a symbol ALTS from now on. Check all delisted instruments accross multiple markets.

JAN Old Corporate Management

Virland CPA	Chief Officer	Profile
Tony Isaac	CEO and President	Profile
Amol Soin	Chief Officer	Profile
Tony Giordano	Chief Officer	Profile
Douglas Flanagan	Chief Advisor	Profile

Still Interested in JAN 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.

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