YY Correlations

YYDelisted Stock  USD 43.75  0.32  0.74%   
The current 90-days correlation between YY Inc Class and AMC Entertainment Holdings is -0.03 (i.e., Good diversification). The correlation of YY 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.

YY Correlation With Market

Pay attention - limited upside

The correlation between YY Inc Class and DJI is -0.75 (i.e., Pay attention - limited upside) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding YY Inc Class and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Your Current Watchlist 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 services.

Moving together with YY Stock

  0.68EPGG Empire Global GamingPairCorr

Moving against YY Stock

  0.88ADEA ADEIA PPairCorr
  0.71CMI CumminsPairCorr
  0.71INGR Ingredion IncorporatedPairCorr
  0.6WLK Westlake ChemicalPairCorr
  0.59MEEEF Metal Energy CorpPairCorr
  0.57VOD Vodafone Group PLCPairCorr
  0.54IRNRF Iron Road LimitedPairCorr
  0.54BNL Broadstone Net Lease Sell-off TrendPairCorr
  0.53VKQ Invesco Municipal TrustPairCorr
  0.52VHI Valhi Inc Earnings Call This WeekPairCorr
  0.51FMFP First Community FinancialPairCorr
  0.5ABCB Ameris BancorpPairCorr
  0.36OXY Occidental Petroleum Aggressive PushPairCorr
  0.36TRP TC Energy CorpPairCorr
  0.36TG TredegarPairCorr
  0.31GSTX Graphene Solar TechnPairCorr
  0.76MFGCF Mayfair Gold CorpPairCorr
  0.74ESCA Escalade IncorporatedPairCorr
  0.73NTRSO Northern TrustPairCorr
  0.72WEJTY Webjet LimitedPairCorr
  0.72GL-PD Globe Life 425PairCorr
  0.69SBKO Summit Bank GroupPairCorr
  0.68ARNI Arno TherapeuticsPairCorr
  0.66VALE Vale SA ADR Aggressive PushPairCorr
  0.65SOJE Southern CompanyPairCorr
  0.65BCO Brinks CompanyPairCorr
  0.64IFS Intercorp FinancialPairCorr
  0.63CCL CarnivalPairCorr

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

MATHAMC
ASTSSTGW
MATHSTGW
MATHLUCK
STGWAMC
LUCKSTGW
  

High negative correlations

ASTSAMC
MATHASTS
RADIMDP
RADIMATH
MDPMATH
RADIEGLX

Risk-Adjusted Indicators

There is a big difference between YY Stock performing well and YY 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 YY'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 - YY

YY Inc Class was delisted

The entity YY Inc Class with a symbol YY was delisted from NASDAQ Exchange. Please try JOYY Inc with a symbol JOYY from now on. Check all delisted instruments accross multiple markets.

YY Corporate Management

Rongjie DongExecutive VPProfile
Tingzhen XieInvestor ManagerProfile
Fuyong LiuVice FinanceProfile
Zhou ChenStrategic AdvisorProfile

Still Interested in YY Inc Class?

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.