ZYN Old Correlations
| ZYNDelisted Stock | 16.77 0.01 0.06% |
The current 90-days correlation between ZYN Old and ProShares UltraShort Basic is -0.03 (i.e., Good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ZYN Old moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ZYN Old moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
ZYN Old Correlation With Market
Very weak diversification
The correlation between ZYN Old and DJI is 0.49 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding ZYN Old and DJI in the same portfolio, assuming nothing else is changed.
ZYN |
Moving together with ZYN Stock
| 0.63 | GS | Goldman Sachs Group | PairCorr |
| 0.81 | EXCH | Exchange Bankshares | PairCorr |
| 0.61 | AMP | Ameriprise Financial | PairCorr |
| 0.65 | RKLIF | Rentokil Initial plc | PairCorr |
| 0.66 | TFII | TFI International Earnings Call This Week | PairCorr |
| 0.78 | FRBA | First Bank | PairCorr |
Moving against ZYN Stock
| 0.58 | FATBB | FAT Brands | PairCorr |
| 0.44 | LADX | LadRx | PairCorr |
| 0.39 | FSTF | First State Financial | PairCorr |
| 0.34 | NSTM | Hollywood Media | PairCorr |
| 0.67 | LPTV | Loop Media Earnings Call Today | PairCorr |
| 0.61 | NOKPF | Nok Airlines Public | 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 ZYN Stock performing well and ZYN 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 ZYN 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| GEOA | 0.62 | 0.09 | 0.10 | 0.15 | 0.61 | 1.22 | 2.97 | |||
| GLCR | 0.71 | 0.10 | 0.06 | 0.30 | 1.05 | 1.45 | 4.68 | |||
| CHRI | 0.55 | (0.04) | (0.06) | (0.01) | 0.87 | 1.00 | 3.77 | |||
| MEME | 3.58 | (0.22) | 0.00 | (0.06) | 0.00 | 8.55 | 20.71 | |||
| SZK | 1.25 | (0.20) | 0.00 | 0.58 | 0.00 | 1.96 | 9.07 | |||
| HFSP | 0.98 | (0.12) | 0.00 | 1.44 | 0.00 | 2.00 | 5.68 | |||
| OOSB | 2.47 | (0.60) | 0.00 | (0.30) | 0.00 | 4.46 | 15.03 | |||
| FLYD | 3.30 | 0.07 | 0.00 | 0.03 | 0.00 | 7.95 | 20.43 | |||
| AZYY | 1.16 | (0.15) | 0.00 | (0.12) | 0.00 | 2.15 | 6.71 | |||
| SMN | 1.62 | (0.37) | 0.00 | 0.23 | 0.00 | 2.98 | 7.65 |
Delisting Warning - ZYN
ZYN Old was delisted
| The entity ZYN Old with a symbol ZYN was delisted from NASDAQ Exchange. Please try Defiance Daily Target with a symbol XPM from now on. Check all delisted instruments accross multiple markets. |
Still Interested in ZYN Old?
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.