SAITECH Global Correlations
| SAIDelisted Stock | USD 0.76 0.00 0.00% |
The current 90-days correlation between SAITECH Global and Zhong Yang Financial is 0.12 (i.e., Average diversification). The correlation of SAITECH Global 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.
SAITECH Global Correlation With Market
Good diversification
The correlation between SAITECH Global and DJI is -0.12 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding SAITECH Global and DJI in the same portfolio, assuming nothing else is changed.
SAITECH |
Moving together with SAITECH Stock
| 0.75 | MULN | Mullen Automotive Upward Rally | PairCorr |
| 0.68 | QLGN | Qualigen Therapeutics Upward Rally | PairCorr |
| 0.71 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
Moving against SAITECH Stock
| 0.73 | WMT | Walmart Aggressive Push | PairCorr |
| 0.73 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.7 | CSCO | Cisco Systems | PairCorr |
| 0.69 | INTC | Intel Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.69 | CAT | Caterpillar Fiscal Year End 3rd of February 2025 | PairCorr |
| 0.61 | HD | Home Depot | PairCorr |
| 0.6 | TRV | The Travelers Companies Fiscal Year End 17th of January 2025 | PairCorr |
| 0.54 | DIS | Walt Disney | PairCorr |
| 0.52 | XOM | Exxon Mobil Corp Aggressive Push | PairCorr |
| 0.51 | HPQ | HP Inc | PairCorr |
| 0.43 | JPM | JPMorgan Chase Fiscal Year End 10th of January 2025 | PairCorr |
| 0.4 | DD | Dupont De Nemours Fiscal Year End 4th of February 2025 | PairCorr |
| 0.35 | GE | GE Aerospace Fiscal Year End 28th of January 2025 | PairCorr |
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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between SAITECH Stock performing well and SAITECH Global 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 SAITECH Global'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| TOP | 5.08 | (0.04) | 0.00 | (0.17) | 0.00 | 14.20 | 76.38 | |||
| NCPL | 4.80 | (0.85) | 0.00 | (0.39) | 0.00 | 8.53 | 42.22 | |||
| GHL | 4.22 | 1.48 | 0.41 | 1.92 | 1.89 | 5.75 | 117.24 | |||
| TCJH | 6.67 | 0.89 | 0.11 | 1.58 | 6.24 | 21.43 | 44.06 | |||
| MEGL | 4.23 | 0.18 | 0.03 | 0.34 | 4.27 | 11.11 | 30.98 | |||
| APLD | 7.35 | 1.40 | 0.24 | 0.60 | 5.79 | 11.30 | 81.01 | |||
| NMR | 1.60 | (0.03) | (0.01) | 0.07 | 2.09 | 3.43 | 8.85 | |||
| OPY | 1.28 | 0.17 | 0.14 | 0.26 | 0.95 | 2.58 | 13.50 | |||
| PIPR | 1.52 | 0.12 | 0.21 | 0.14 | 1.16 | 3.13 | 22.79 |
Delisting Warning - SAI
SAITECH Global was delisted
| The entity SAITECH Global with a symbol SAI was delisted from NASDAQ Exchange. Please try SAIHEAT Limited with a symbol SAIH from now on. Check all delisted instruments accross multiple markets. |
SAITECH Global Corporate Executives
Elected by the shareholders, the SAITECH Global's board of directors comprises two types of representatives: SAITECH Global inside directors who are chosen from within the company, and outside directors, selected externally and held independent of SAITECH. The board's role is to monitor SAITECH Global's management team and ensure that shareholders' interests are well served. SAITECH Global'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, SAITECH Global's outside directors are responsible for providing unbiased perspectives on the board's policies.
Still Interested in SAITECH Global?
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.