CNDB Old Correlations

CNDBDelisted Stock  USD 10.40  0.00  0.00%   
The current 90-days correlation between CNDB Old and Marblegate Acquisition Corp is 0.25 (i.e., Modest diversification). The correlation of CNDB 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.

CNDB Old Correlation With Market

Significant diversification

The correlation between CNDB Old and DJI is 0.07 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding CNDB Old and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Trending Equities 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 unemployment.

Moving against CNDB Stock

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  0.36AA Alcoa Corp Fiscal Year End 15th of January 2025 PairCorr
  0.35TRV The Travelers Companies Sell-off TrendPairCorr
  0.33BAC Bank of America Aggressive PushPairCorr

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   
WTMAUTHCPU
DPCSTHCPU
OLITPNAC
OLITACAX
DPCSWTMAU
WTMAUKYCHU
  
High negative correlations   
ACAXDPCSW
OLITDPCSW
GATETHCPU
DPCSWPNAC
GATEWTMAU
DPCSGATE

Risk-Adjusted Indicators

There is a big difference between CNDB Stock performing well and CNDB 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 CNDB 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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
KYCHU  0.63  0.14  0.07  0.59  0.65 
 1.65 
 7.42 
THCPU  1.25  0.32  0.00 (0.35) 0.00 
 5.53 
 33.98 
WTMAU  0.49  0.25  0.00 (1.56) 0.00 
 0.00 
 10.91 
PNAC  0.13  0.01 (0.01)(1.01) 0.11 
 0.28 
 1.90 
DPCSW  17.21  3.47  0.15  4.05  16.53 
 46.49 
 185.90 
HUDAU  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
GATE  0.20 (0.01)(0.02)(0.10) 0.39 
 0.36 
 4.63 
ACAX  0.49  0.04  0.01 (0.28) 1.27 
 0.48 
 13.40 
OLIT  0.13  0.03  0.03  4.39  0.00 
 0.67 
 1.74 
DPCS  0.61  0.16  0.06  1.10  0.75 
 0.70 
 17.65 

Delisting Warning - CNDB

CNDB Old was delisted

The entity CNDB Old with a symbol CNDB was delisted from NASDAQ Exchange. Please try GCT Semiconductor Holding with a symbol GCTS from now on. Check all delisted instruments accross multiple markets.

Still Interested in CNDB 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.