NetObjects Correlations

A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as NetObjects moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NetObjects moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
  
Check out Correlation 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 persons.

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

HYDNLMSC
LMSCBLGI
ENCSBLGI
SFBTFBLGI
UWKIBLGI
HYDNBLGI
  

High negative correlations

NNSCFSTCI
NNSCFCSYS
STCICSYS
NNSCFIBIN
STCIIBIN
CSYSIBIN

Risk-Adjusted Indicators

There is a big difference between NetObjects Stock performing well and NetObjects 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 NetObjects' 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
BLGI  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
LMSC  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
ENCS  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
SFBTF  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
UWKI  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
HYDN  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
IBIN  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
CSYS  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
STCI  11.94  5.77  0.00  1.63  0.00 
 0.00 
 400.00 
NNSCF  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 

NetObjects 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 NetObjects stock to make a market-neutral strategy. Peer analysis of NetObjects could also be used in its relative valuation, which is a method of valuing NetObjects by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Still Interested in NetObjects?

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.