TCJH Old Correlations
| TCJHDelisted Stock | 0.32 0.00 0.00% |
The current 90-days correlation between TCJH Old and Mesa Air Group is 0.06 (i.e., Significant diversification). The correlation of TCJH 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.
TCJH Old Correlation With Market
Significant diversification
The correlation between TCJH Old and DJI is 0.04 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding TCJH Old and DJI in the same portfolio, assuming nothing else is changed.
TCJH |
Moving together with TCJH Stock
Moving against TCJH Stock
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
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Risk-Adjusted Indicators
There is a big difference between TCJH Stock performing well and TCJH 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 TCJH 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 Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| HMY | 2.31 | 0.00 | (0.01) | 0.06 | 2.81 | 5.01 | 12.24 | |||
| SAIA | 2.05 | 0.04 | 0.01 | 0.14 | 2.17 | 3.84 | 18.12 | |||
| MESA | 2.96 | 0.60 | 0.15 | 6.72 | 3.01 | 9.80 | 23.87 | |||
| PH | 1.09 | 0.16 | 0.11 | 0.35 | 1.06 | 1.81 | 11.90 | |||
| WRN | 2.05 | (0.08) | 0.00 | 0.29 | 0.00 | 4.63 | 20.61 | |||
| JDSPY | 3.02 | (0.50) | 0.00 | 1.32 | 0.00 | 6.31 | 26.21 | |||
| ALMMF | 2.91 | (0.18) | 0.00 | (0.59) | 0.00 | 8.62 | 27.95 |
Delisting Warning - TCJH
TCJH Old was delisted
| The entity TCJH Old with a symbol TCJH was delisted from NASDAQ Exchange. Please try Top KingWin with a symbol WAI from now on. Check all delisted instruments accross multiple markets. |
Still Interested in TCJH Old?
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