SHOT Old Correlations

SHOTDelisted Stock   0.39  0.01  2.50%   
The correlation of SHOT Old 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.

SHOT Old Correlation With Market

Pay attention - limited upside

The correlation between SHOT Old and DJI is -0.82 (i.e., Pay attention - limited upside) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding SHOT Old and DJI in the same portfolio, assuming nothing else is changed.
  
Check out World Market Map 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 inflation.

Moving together with SHOT Stock

Moving against SHOT Stock

  0.8AMKBY AP Moeller Maersk Earnings Call This WeekPairCorr
  0.77BA Boeing Sell-off TrendPairCorr
  0.73BKNG Booking HoldingsPairCorr
  0.68WMT Walmart Common Stock Aggressive PushPairCorr
  0.66DIS Walt Disney Earnings Call This WeekPairCorr
  0.62RBGPF Reckitt BenckiserPairCorr
  0.57INTC Intel Aggressive PushPairCorr
  0.53BAC Bank of America Aggressive PushPairCorr
  0.51AXP American ExpressPairCorr
  0.45JPM JPMorgan Chase Sell-off TrendPairCorr
  0.44NVR NVR IncPairCorr
  0.43JNJ Johnson Johnson Sell-off TrendPairCorr
  0.42CVX Chevron CorpPairCorr
  0.39DD Dupont De NemoursPairCorr

Related Correlations Analysis


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

VINECASK
VINEBIGGQ
BIGGQCASK
MITCAIU
CLXTAIU
HAPPAIU
  

High negative correlations

VINEYGF
BIGGQYGF
VINEGEHI
BIGGQGEHI
YGFGEHI
YGFCASK

Risk-Adjusted Indicators

There is a big difference between SHOT Stock performing well and SHOT Old 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 SHOT Old'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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
AIU  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
MITC  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
CLXT  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
HAPP  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
CASK  7.42  0.75  0.08 (1.20) 7.42 
 20.00 
 61.90 
GEHI  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
YGF  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
BIGGQ  17.74  4.24  0.10  5.19  16.62 
 75.00 
 225.00 
VINE  5.64  0.00  0.00  0.05  6.37 
 12.33 
 33.51 

Delisting Warning - SHOT

SHOT Old was delisted

The entity SHOT Old with a symbol SHOT was delisted from NASDAQ Exchange. Please try Bonk Inc with a symbol BNKK from now on. Check all delisted instruments accross multiple markets.

SHOT Old Corporate Management

Still Interested in SHOT Old?

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.