ARRWW Old Correlations
| ARRWWDelisted Stock | USD 0.20 0.00 0.00% |
The current 90-days correlation between ARRWW Old and Anzu Special Acquisition is -0.17 (i.e., Good diversification). The correlation of ARRWW 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. If the correlation is 0, the equities are not correlated; they are entirely random.
ARRWW Old Correlation With Market
Significant diversification
The correlation between ARRWW Old and DJI is 0.09 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding ARRWW Old and DJI in the same portfolio, assuming nothing else is changed.
ARRWW |
Moving together with ARRWW Stock
| 0.78 | GOOGL | Alphabet Class A Aggressive Push | PairCorr |
| 0.76 | WMT | Walmart | PairCorr |
| 0.74 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.63 | BAC | Bank of America Aggressive Push | PairCorr |
| 0.69 | DIS | Walt Disney Sell-off Trend | PairCorr |
| 0.63 | T | ATT Inc Fiscal Year End 22nd of January 2025 | PairCorr |
Moving against ARRWW Stock
| 0.83 | BKRKY | Bank Rakyat | PairCorr |
| 0.83 | PPERY | Bank Mandiri Persero | PairCorr |
| 0.81 | PPERF | Bank Mandiri Persero | PairCorr |
| 0.81 | KO | Coca Cola Fiscal Year End 11th of February 2025 | PairCorr |
| 0.8 | TLK | Telkom Indonesia Tbk | PairCorr |
| 0.73 | PBCRY | Bank Central Asia | PairCorr |
| 0.73 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.66 | GE | GE Aerospace Fiscal Year End 28th of January 2025 | PairCorr |
| 0.63 | PTAIY | Astra International Tbk | PairCorr |
| 0.62 | BKRKF | PT Bank Rakyat | PairCorr |
| 0.45 | HPQ | HP Inc | PairCorr |
| 0.43 | TLKMF | Telkom Indonesia Tbk | PairCorr |
| 0.35 | CAT | Caterpillar Fiscal Year End 3rd of February 2025 | PairCorr |
| 0.34 | PTAIF | PT Astra International | PairCorr |
| 0.32 | MMM | 3M Company Fiscal Year End 28th of January 2025 | PairCorr |
| 0.31 | INTC | Intel Fiscal Year End 23rd of January 2025 | PairCorr |
Related Correlations Analysis
| 0.03 | -0.01 | 0.3 | -0.13 | ANZUW | ||
| 0.03 | 0.32 | 0.31 | 0.49 | ARBGW | ||
| -0.01 | 0.32 | 0.31 | 0.61 | PUCKW | ||
| 0.3 | 0.31 | 0.31 | 0.21 | AMAOW | ||
| -0.13 | 0.49 | 0.61 | 0.21 | TMKRW | ||
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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 ARRWW Stock performing well and ARRWW 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 ARRWW 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ANZUW | 7.07 | 1.15 | 0.11 | (1.12) | 8.16 | 20.00 | 84.91 | |||
| ARBGW | 7.22 | (2.61) | 0.00 | 5.69 | 0.00 | 14.72 | 79.32 | |||
| PUCKW | 14.74 | 1.86 | 0.08 | (0.38) | 17.23 | 33.33 | 120.29 | |||
| AMAOW | 22.13 | 4.50 | 0.18 | 2.30 | 20.11 | 76.04 | 151.34 | |||
| TMKRW | 18.30 | 1.82 | 0.08 | (0.62) | 19.39 | 37.57 | 125.32 |
Delisting Warning - ARRWW
ARRWW Old was delisted
| The entity ARRWW Old with a symbol ARRWW was delisted from NASDAQ Exchange. Please try iLearningEngines, with a symbol AILEW from now on. Check all delisted instruments accross multiple markets. |
Still Interested in ARRWW 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.