Top Win Correlations
| TOPWDelisted Stock | 12.07 1.57 14.95% |
The current 90-days correlation between Top Win International and RideNow Group is 0.06 (i.e., Significant diversification). The correlation of Top Win 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.
Top Win Correlation With Market
Excellent diversification
The correlation between Top Win International and DJI is -0.61 (i.e., Excellent diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Top Win International and DJI in the same portfolio, assuming nothing else is changed.
Top |
Moving together with Top Stock
| 0.61 | T | ATT Inc Aggressive Push | PairCorr |
Moving against Top Stock
| 0.71 | DIS | Walt Disney | PairCorr |
| 0.7 | AA | Alcoa Corp | PairCorr |
| 0.58 | BA | Boeing | PairCorr |
| 0.53 | JPM | JPMorgan Chase | PairCorr |
| 0.52 | GE | GE Aerospace | PairCorr |
| 0.42 | WMT | Walmart Common Stock Aggressive Push | PairCorr |
| 0.4 | DD | Dupont De Nemours Earnings Call This Week | PairCorr |
| 0.31 | JNJ | Johnson Johnson | PairCorr |
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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Top Stock performing well and Top Win 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 Top Win'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| FTCH | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| YYAI | 6.94 | (0.80) | 0.00 | (0.80) | 0.00 | 15.91 | 45.44 | |||
| FRGI | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| CBDBY | 3.37 | 0.09 | 0.00 | 0.02 | 0.00 | 7.81 | 25.18 | |||
| QVCGA | 5.79 | 0.32 | 0.03 | 0.62 | 8.86 | 14.97 | 41.44 | |||
| BBQ | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| TRON | 4.51 | (1.00) | 0.00 | (0.20) | 0.00 | 8.18 | 37.54 | |||
| XL | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| VLTA | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| RDNW | 3.05 | 0.87 | 0.23 | 1.32 | 2.93 | 7.72 | 36.09 |
Delisting Warning - TOPW
Top Win International was delisted
| The entity Top Win International with a symbol TOPW was delisted from NASDAQ Exchange. Please try Top Win International with a symbol SORA from now on. Check all delisted instruments accross multiple markets. |
Still Interested in Top Win International?
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.