Netlist Correlations
| NLSTDelisted Stock | USD 3.27 0.01 0.30% |
The correlation of Netlist 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.
Netlist Correlation With Market
Significant diversification
The correlation between Netlist and DJI is 0.03 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Netlist and DJI in the same portfolio, assuming nothing else is changed.
Netlist |
The ability to find closely correlated positions to Netlist could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Netlist when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Netlist - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Netlist to buy it.
Moving together with Netlist OTC Stock
| 0.7 | EVOL | Evolving Systems | PairCorr |
| 0.68 | WCT | Wellchange Holdings | PairCorr |
| 0.71 | GETR | Getaround | PairCorr |
| 0.69 | ZPTAW | Zapata Computing Holdings | PairCorr |
| 0.82 | ZPTA | Zapata Computing Holdings Symbol Change | PairCorr |
Moving against Netlist OTC Stock
| 0.73 | VVPR | VivoPower International | PairCorr |
| 0.7 | IFNNY | Infineon Technologies | PairCorr |
| 0.69 | EXOD | Exodus Movement, | PairCorr |
| 0.62 | WEBB | Web Global Holdings | PairCorr |
| 0.58 | WGNR | Wegener | PairCorr |
| 0.76 | CETXP | Cemtrex Pref | PairCorr |
| 0.7 | ZENA | ZenaTech | PairCorr |
| 0.32 | FUJIY | FUJIFILM Holdings Corp | PairCorr |
| 0.82 | MIND | Mind Technology | PairCorr |
| 0.66 | LTCH | Latch Inc | PairCorr |
| 0.63 | VSTEW | Vast Renewables | PairCorr |
| 0.59 | ZEOWW | Zeo Energy Corp Symbol Change | 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 Netlist OTC Stock performing well and Netlist OTC Stock 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 Netlist'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| WKEY | 11.67 | 3.60 | 0.35 | (1.89) | 8.56 | 36.67 | 163.77 | |||
| NA | 10.68 | 1.57 | 0.15 | 0.90 | 9.48 | 17.03 | 160.41 | |||
| LEDS | 4.11 | 0.44 | 0.07 | 7.05 | 5.40 | 8.20 | 52.60 | |||
| WISA | 4.20 | 0.13 | 0.02 | (0.25) | 5.49 | 10.68 | 34.97 | |||
| LAES | 15.53 | 5.77 | 0.44 | (1.86) | 10.04 | 60.15 | 143.29 | |||
| LSCC | 2.13 | 0.15 | 0.05 | 0.42 | 2.59 | 5.11 | 12.76 | |||
| ALGM | 2.38 | 0.20 | 0.06 | 0.33 | 3.04 | 4.47 | 13.48 | |||
| MPWR | 2.39 | (0.62) | 0.00 | (2.12) | 0.00 | 4.06 | 22.25 | |||
| ON | 2.13 | (0.39) | 0.00 | (1.18) | 0.00 | 3.57 | 11.47 | |||
| MCHP | 1.87 | (0.46) | 0.00 | (1.05) | 0.00 | 3.80 | 11.74 |
View Netlist Related Equities
| Risk & Return | Correlation |
Netlist Corporate Management
Elected by the shareholders, the Netlist's board of directors comprises two types of representatives: Netlist inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Netlist. The board's role is to monitor Netlist's management team and ensure that shareholders' interests are well served. Netlist's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Netlist's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Paik Hong | Ex Operations | Profile | |
| Jibum Kim | Ex Marketing | Profile | |
| Tinh Ngo | VP Marketing | Profile | |
| Michael Smargiassi | Investor Officer | Profile |
Still Interested in Netlist?
Investing in delisted otcs can be risky, as the otc 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.