Strategic Trust Correlations
| QDWNDelisted Stock | 8.66 0.00 0.00% |
The current 90-days correlation between Strategic Trust and Strategy Shares is 0.13 (i.e., Average diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Strategic Trust moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Strategic Trust moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Strategic Trust Correlation With Market
Excellent diversification
The correlation between Strategic Trust and DJI is -0.56 (i.e., Excellent diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Strategic Trust and DJI in the same portfolio, assuming nothing else is changed.
Strategic |
Moving together with Strategic Stock
Moving against Strategic Stock
| 0.78 | BMYMP | Bristol Myers Squibb | PairCorr |
| 0.74 | GOOG | Alphabet Class C | PairCorr |
| 0.74 | CSCO | Cisco Systems | PairCorr |
| 0.74 | DD | Dupont De Nemours | PairCorr |
| 0.7 | CAT | Caterpillar Earnings Call This Week | PairCorr |
| 0.62 | MRK | Merck Company | PairCorr |
| 0.51 | AXP | American Express Earnings Call This Week | PairCorr |
| 0.51 | BAC | Bank of America | PairCorr |
| 0.46 | XOM | Exxon Mobil Corp Earnings Call This Week | PairCorr |
| 0.42 | JPM | JPMorgan Chase | PairCorr |
| 0.39 | IBM | International Business Earnings Call This Week | PairCorr |
| 0.33 | VZ | Verizon Communications Earnings Call This Week | PairCorr |
Related Correlations Analysis
| 0.81 | 0.53 | -0.22 | 0.69 | QTUM | ||
| 0.81 | 0.56 | -0.3 | 0.93 | QUIZ | ||
| 0.53 | 0.56 | -0.15 | 0.41 | TAAG | ||
| -0.22 | -0.3 | -0.15 | -0.25 | QUP | ||
| 0.69 | 0.93 | 0.41 | -0.25 | ESLV | ||
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 Strategic Stock performing well and Strategic Trust 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 Strategic Trust'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| QTUM | 1.28 | 0.01 | 0.02 | 0.08 | 1.63 | 2.16 | 6.87 | |||
| QUIZ | 0.57 | 0.06 | 0.05 | 0.14 | 0.56 | 1.30 | 3.47 | |||
| TAAG | 15.45 | 3.56 | 0.17 | 1.57 | 12.99 | 74.38 | 192.25 | |||
| QUP | 2.90 | 0.13 | 0.01 | 1.76 | 3.91 | 6.64 | 25.64 | |||
| ESLV | 0.49 | 0.08 | 0.04 | 0.62 | 0.39 | 1.22 | 2.83 |
Strategic Trust 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 Strategic Trust stock to make a market-neutral strategy. Peer analysis of Strategic Trust could also be used in its relative valuation, which is a method of valuing Strategic Trust by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Still Interested in Strategic Trust?
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.