Senior Connect Correlations
| SNRHWDelisted Stock | USD 0.0004 0 91.84% |
The correlation of Senior Connect 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.
Senior Connect Correlation With Market
Average diversification
The correlation between Senior Connect Acquisition and DJI is 0.11 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Senior Connect Acquisition and DJI in the same portfolio, assuming nothing else is changed.
Senior |
Moving together with Senior Stock
| 0.67 | CHKEZ | Chesapeake Energy Symbol Change | PairCorr |
| 0.61 | CHKEL | Chesapeake Energy Symbol Change | PairCorr |
| 0.79 | GOEVW | Canoo Holdings | PairCorr |
| 0.73 | SHG | Shinhan Financial | PairCorr |
| 0.65 | PFE | Pfizer Inc Aggressive Push | PairCorr |
| 0.89 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.8 | KO | Coca Cola Aggressive Push | PairCorr |
| 0.7 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
Moving against Senior Stock
| 0.81 | SSNLF | Samsung Electronics | PairCorr |
| 0.75 | SMFNF | Sumitomo Mitsui Financial Normal Trading | PairCorr |
| 0.74 | PCTTW | PureCycle Technologies | PairCorr |
| 0.71 | ATCOL | Atlas Corp | PairCorr |
| 0.71 | ASTSW | AST SpaceMobile | PairCorr |
| 0.7 | MFG | Mizuho Financial | PairCorr |
| 0.68 | MUFG | Mitsubishi UFJ Financial | PairCorr |
| 0.63 | MZHOF | Mizuho Financial Normal Trading | PairCorr |
| 0.58 | MBFJF | Mitsubishi UFJ Financial | PairCorr |
| 0.55 | JPHLF | Japan Post Holdings | PairCorr |
| 0.54 | KB | KB Financial Group | PairCorr |
| 0.46 | GCMGW | GCM Grosvenor | PairCorr |
| 0.42 | SMFG | Sumitomo Mitsui Financial | PairCorr |
| 0.85 | WMT | Walmart Aggressive Push | PairCorr |
| 0.82 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
| 0.79 | BAC | Bank of America Fiscal Year End 10th of January 2025 | PairCorr |
| 0.78 | DIS | Walt Disney | PairCorr |
| 0.76 | TRV | The Travelers Companies Fiscal Year End 17th of January 2025 | PairCorr |
| 0.7 | HPQ | HP Inc | PairCorr |
| 0.7 | INTC | Intel Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.69 | HD | Home Depot | PairCorr |
| 0.57 | XOM | Exxon Mobil Corp Sell-off Trend | PairCorr |
| 0.34 | IBM | International Business Fiscal Year End 22nd of January 2025 | PairCorr |
Related Correlations Analysis
| 0.55 | 0.3 | -0.63 | 0.53 | ERESW | ||
| 0.55 | 0.34 | -0.61 | 0.53 | MTACW | ||
| 0.3 | 0.34 | -0.29 | 0.43 | CFIVW | ||
| -0.63 | -0.61 | -0.29 | -0.83 | BWACW | ||
| 0.53 | 0.53 | 0.43 | -0.83 | BREZW | ||
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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 Senior Stock performing well and Senior Connect 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 Senior Connect'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ERESW | 10.29 | 1.48 | 0.11 | 0.74 | 9.97 | 33.33 | 77.50 | |||
| MTACW | 22.36 | 6.15 | 0.20 | (0.90) | 18.35 | 83.33 | 174.17 | |||
| CFIVW | 22.99 | 7.81 | 0.39 | 0.63 | 14.68 | 26.98 | 662.50 | |||
| BWACW | 27.23 | 6.92 | 0.19 | 5.63 | 23.19 | 87.10 | 374.17 | |||
| BREZW | 12.53 | 3.80 | 0.20 | (2.29) | 12.16 | 36.36 | 100.36 |
Senior Connect 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 Senior Connect stock to make a market-neutral strategy. Peer analysis of Senior Connect could also be used in its relative valuation, which is a method of valuing Senior Connect by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Senior Connect Corporate Management
| Steven Schwartz | Ex MA | Profile | |
| Isaac Applbaum | Pres Director | Profile | |
| Richard Sr | CEO Chairman | Profile | |
| Ryan Burke | CFO Director | Profile |
Still Interested in Senior Connect Acquisition?
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.