Safety Shot Correlations

SHOTWDelisted Stock   0.04  0.0008  2.01%   
The current 90-days correlation between Safety Shot and Energy and Environmental is 0.01 (i.e., Significant diversification). The correlation of Safety Shot 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.

Safety Shot Correlation With Market

Good diversification

The correlation between Safety Shot and DJI is -0.02 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Safety Shot 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 population.

Moving against Safety Stock

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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

IIINVMD
IIINSECVY
SECVYVMD
EESEPDSB
EESEPKRKY
IRVDFVMD
  

High negative correlations

EESEVMD
EESEIIIN
EESESECVY
PDSBVMD
PDSBIIIN
PKRKYVMD

Risk-Adjusted Indicators

There is a big difference between Safety Stock performing well and Safety Shot 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 Safety Shot'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 - SHOTW

Safety Shot was delisted

The entity Safety Shot with a symbol SHOTW was delisted from NASDAQ Exchange. Please try BNKKW New with a symbol BNKKW from now on. Check all delisted instruments accross multiple markets.

Safety Shot Corporate Management

Still Interested in Safety Shot?

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.