Puyi Correlations

PUYIDelisted Stock  USD 6.20  0.14  2.21%   
The current 90-days correlation between Puyi Inc ADR and CBH is -0.14 (i.e., Good diversification). The correlation of Puyi 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.

Puyi Correlation With Market

Very good diversification

The correlation between Puyi Inc ADR and DJI is -0.32 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Puyi Inc ADR and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Your Equity Center 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 manufacturing.

Moving against Puyi Stock

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Related Correlations Analysis

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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   
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High negative correlations   
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Risk-Adjusted Indicators

There is a big difference between Puyi Stock performing well and Puyi 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 Puyi'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.

Delisting Warning - PUYI

Puyi Inc ADR was delisted

The entity Puyi Inc ADR with a symbol PUYI was delisted from NASDAQ Exchange. Please try Highest Performances Holdings with a symbol HPH from now on. Check all delisted instruments accross multiple markets.

Puyi Corporate Executives

Elected by the shareholders, the Puyi's board of directors comprises two types of representatives: Puyi inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Puyi. The board's role is to monitor Puyi's management team and ensure that shareholders' interests are well served. Puyi'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, Puyi's outside directors are responsible for providing unbiased perspectives on the board's policies.

Still Interested in Puyi Inc ADR?

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.