Embark Technology Correlations
| EMBKDelisted Stock | USD 2.82 0.02 0.70% |
The current 90-days correlation between Embark Technology and Hitek Global Ordinary is 0.02 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Embark Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Embark Technology moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Embark Technology Correlation With Market
Good diversification
The correlation between Embark Technology and DJI is -0.15 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Embark Technology and DJI in the same portfolio, assuming nothing else is changed.
Embark |
Moving against Embark Stock
| 0.73 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.69 | KO | Coca Cola Fiscal Year End 11th of February 2025 | PairCorr |
| 0.57 | PFE | Pfizer Inc Earnings Call This Week | PairCorr |
| 0.46 | IBM | International Business Earnings Call This Week | PairCorr |
| 0.44 | JNJ | Johnson Johnson Fiscal Year End 28th of January 2025 | PairCorr |
| 0.37 | VZ | Verizon Communications Sell-off Trend | PairCorr |
Related Correlations Analysis
| 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 Embark Stock performing well and Embark Technology 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 Embark Technology'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BRZE | 1.90 | 0.58 | 0.29 | 1.59 | 1.47 | 5.06 | 11.01 | |||
| ENFN | 1.76 | 0.35 | 0.15 | (1.70) | 1.94 | 3.77 | 9.86 | |||
| FRSH | 2.18 | 0.69 | 0.30 | 0.88 | 1.70 | 4.11 | 35.23 | |||
| CWAN | 1.84 | 0.13 | 0.05 | 0.24 | 2.11 | 3.29 | 20.31 | |||
| LAW | 1.89 | (0.27) | 0.00 | (1.72) | 0.00 | 4.32 | 17.13 | |||
| BLND | 2.97 | (0.02) | 0.00 | 0.01 | 3.95 | 6.98 | 25.43 | |||
| HKIT | 2.23 | 0.04 | 0.00 | (0.07) | 2.38 | 6.15 | 19.02 | |||
| QH | 2.22 | (0.24) | 0.00 | (1.13) | 0.00 | 3.82 | 13.25 | |||
| ENV | 0.09 | 0.00 | (0.19) | (0.06) | 0.09 | 0.22 | 0.68 |
View Embark Technology Related Equities
| Risk & Return | Correlation |
Embark Technology Corporate Management
| Richard Hawwa | Chief Officer | Profile | |
| Brandon Moak | Founder CTO | Profile | |
| Alex Rodrigues | Founder CEO | Profile | |
| Stephen Houghton | Chief Officer | Profile | |
| Payal Maheshwari | Head Culture | Profile | |
| Sam Abidi | Chief Officer | Profile | |
| Jonny Morris | Head Affairs | Profile |
Still Interested in Embark Technology?
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.