Powerbridge Technologies Correlations
| PBTSDelisted Stock | USD 0.30 0.03 9.09% |
The current 90-days correlation between Powerbridge Technologies and Digital Brands Group is 0.36 (i.e., Weak diversification). The correlation of Powerbridge Technologies 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.
Powerbridge Technologies Correlation With Market
Good diversification
The correlation between Powerbridge Technologies Co 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 Powerbridge Technologies Co and DJI in the same portfolio, assuming nothing else is changed.
Powerbridge |
Moving together with Powerbridge Stock
| 0.82 | KO | Coca Cola Aggressive Push | PairCorr |
| 0.77 | JNJ | Johnson Johnson Sell-off Trend | PairCorr |
| 0.75 | PFE | Pfizer Inc Aggressive Push | PairCorr |
Moving against Powerbridge Stock
| 0.85 | BAC | Bank of America Aggressive Push | PairCorr |
| 0.82 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.8 | DIS | Walt Disney Aggressive Push | PairCorr |
| 0.78 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
| 0.77 | JPM | JPMorgan Chase Sell-off Trend | PairCorr |
| 0.77 | TRV | The Travelers Companies Fiscal Year End 17th of January 2025 | PairCorr |
| 0.75 | FSTF | First State Financial | PairCorr |
| 0.6 | HD | Home Depot | PairCorr |
| 0.58 | CAT | Caterpillar Fiscal Year End 3rd of February 2025 | PairCorr |
Related Correlations Analysis
| 0.44 | 0.3 | 0.28 | -0.26 | METX | ||
| 0.44 | 0.76 | 0.69 | -0.67 | DBGI | ||
| 0.3 | 0.76 | 0.47 | -0.3 | VERB | ||
| 0.28 | 0.69 | 0.47 | -0.44 | BRQS | ||
| -0.26 | -0.67 | -0.3 | -0.44 | FAMI | ||
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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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Powerbridge Stock performing well and Powerbridge Technologies 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 Powerbridge Technologies' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| METX | 3.18 | (0.22) | 0.00 | 0.88 | 0.00 | 5.56 | 24.52 | |||
| DBGI | 10.85 | (1.81) | 0.00 | (2.17) | 0.00 | 21.33 | 88.95 | |||
| VERB | 8.29 | (0.31) | 0.00 | (0.02) | 0.00 | 18.64 | 78.60 | |||
| BRQS | 3.57 | (0.04) | 0.00 | 0.33 | 0.00 | 9.52 | 36.69 | |||
| FAMI | 5.78 | 0.22 | 0.04 | 0.23 | 6.02 | 15.00 | 43.91 |
Delisting Warning - PBTS
Powerbridge Technologies was delisted
| The entity Powerbridge Technologies Co with a symbol PBTS was delisted from NASDAQ Exchange. Please try X3 Holdings Co with a symbol XTKG from now on. Check all delisted instruments accross multiple markets. |
Powerbridge Technologies Corporate Management
| Shiang Lor | CEO Chairman | Profile | |
| Xuzhi Zhou | Chief Officer | Profile | |
| Yuxia Xu | COO CFO | Profile | |
| Jing Deng | Chief Officer | Profile | |
| Tingru Ou | Chief Officer | Profile |
Still Interested in Powerbridge Technologies Co?
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.