CGA Old Correlations
| CGADelisted Stock | USD 1.98 0.02 1.02% |
The current 90-days correlation between CGA Old and Yield10 Bioscience is -0.17 (i.e., Good diversification). The correlation of CGA 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.
CGA Old Correlation With Market
Modest diversification
The correlation between CGA Old and DJI is 0.27 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding CGA Old and DJI in the same portfolio, assuming nothing else is changed.
CGA |
Moving together with CGA Stock
Moving against CGA 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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between CGA Stock performing well and CGA 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 CGA 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| YTEN | 14.53 | 0.54 | 0.03 | 0.60 | 16.59 | 40.79 | 114.76 | |||
| KPLUY | 1.61 | (0.21) | 0.00 | 0.36 | 0.00 | 2.52 | 15.06 | |||
| IPI | 1.80 | (0.08) | 0.00 | (0.05) | 0.00 | 4.29 | 14.45 | |||
| BIOX | 2.23 | (0.27) | 0.00 | 6.08 | 0.00 | 4.62 | 14.38 | |||
| AVD | 1.95 | (0.13) | 0.00 | (0.28) | 0.00 | 4.06 | 16.06 | |||
| LVRO | 3.53 | 0.52 | 0.12 | 1.67 | 3.65 | 9.00 | 24.92 | |||
| ICL | 1.67 | 0.30 | 0.15 | (1.40) | 1.54 | 4.10 | 9.81 | |||
| CTVA | 1.14 | (0.05) | 0.00 | (0.74) | 0.00 | 2.89 | 8.42 | |||
| CF | 1.22 | 0.03 | 0.01 | 0.14 | 1.64 | 2.71 | 6.82 | |||
| MOS | 1.66 | (0.09) | 0.00 | (0.63) | 0.00 | 3.68 | 13.09 |
Delisting Warning - CGA
CGA Old was delisted
| The entity CGA Old with a symbol CGA was delisted from NASDAQ Exchange. Please try Enlightify with a symbol ENFY from now on. Check all delisted instruments accross multiple markets. |
Still Interested in CGA Old?
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