Overstockcom Correlations
| OSTKDelisted Stock | USD 30.92 1.13 3.53% |
The current 90-days correlation between Overstockcom and Etsy Inc is 0.01 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Overstockcom moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Overstockcom moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Overstockcom Correlation With Market
Good diversification
The correlation between Overstockcom and DJI is -0.14 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Overstockcom and DJI in the same portfolio, assuming nothing else is changed.
Overstockcom |
Moving together with Overstockcom Stock
| 0.81 | CVX | Chevron Corp Fiscal Year End 7th of February 2025 | PairCorr |
| 0.87 | BAC | Bank of America Aggressive Push | PairCorr |
| 0.63 | INTC | Intel Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.68 | T | ATT Inc Sell-off Trend | PairCorr |
| 0.73 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.81 | WMT | Walmart Aggressive Push | PairCorr |
| 0.73 | TRV | The Travelers Companies Fiscal Year End 17th of January 2025 | PairCorr |
| 0.84 | JPM | JPMorgan Chase Fiscal Year End 10th of January 2025 | PairCorr |
| 0.78 | CSCO | Cisco Systems Aggressive Push | PairCorr |
Moving against Overstockcom Stock
| 0.94 | KO | Coca Cola Aggressive Push | PairCorr |
| 0.9 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.85 | PFE | Pfizer Inc Aggressive Push | PairCorr |
| 0.82 | AAGH | America Great Health | PairCorr |
| 0.63 | NNAX | New Momentum | PairCorr |
| 0.63 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
| 0.35 | PG | Procter Gamble | PairCorr |
| 0.32 | AMIX | Autonomix Medical, Common | 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 Overstockcom Stock performing well and Overstockcom 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 Overstockcom'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ETSY | 1.66 | (0.07) | (0.04) | 0.03 | 2.22 | 3.43 | 13.37 | |||
| CHWY | 2.27 | 0.33 | 0.14 | 0.53 | 1.93 | 6.34 | 15.78 | |||
| PDD | 3.04 | (0.35) | 0.00 | 5.06 | 0.00 | 4.85 | 28.51 | |||
| FTCH | 3.52 | 0.42 | 0.07 | (0.87) | 3.55 | 7.30 | 24.63 | |||
| SE | 1.63 | 0.47 | 0.21 | 2.47 | 1.42 | 4.65 | 13.28 | |||
| W | 2.72 | 0.07 | 0.01 | 0.22 | 3.46 | 5.74 | 16.38 | |||
| MELI | 1.63 | (0.02) | 0.00 | 0.10 | 3.48 | 4.61 | 20.82 | |||
| GLBE | 1.73 | 0.49 | 0.27 | 0.54 | 1.31 | 4.70 | 11.98 | |||
| VIPS | 1.82 | 0.05 | 0.00 | 0.19 | 2.17 | 4.34 | 17.40 |
Overstockcom 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 Overstockcom stock to make a market-neutral strategy. Peer analysis of Overstockcom could also be used in its relative valuation, which is a method of valuing Overstockcom by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Overstockcom Corporate Management
| Carter Lee | Sr. VP of Technology | Profile | |
| Adrianne Lee | Chief Officer | Profile | |
| David Nielsen | Chief Sourcing and Operations Officer | Profile | |
| Eric Nickle | Chief Sec | Profile | |
| Jonathan III | CEO Director | Profile | |
| Angela Hsu | Chief Officer | Profile | |
| Joel Weight | Chief Officer | Profile |
Still Interested in Overstockcom?
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.