EMLD Old Correlations
| EMLDDelisted Stock | USD 10.98 0.28 2.62% |
The current 90-days correlation between EMLD Old and ALSP Orchid Acquisition is 0.03 (i.e., Significant diversification). The correlation of EMLD 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.
EMLD Old Correlation With Market
Average diversification
The correlation between EMLD Old and DJI is 0.11 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding EMLD Old and DJI in the same portfolio, assuming nothing else is changed.
EMLD |
Moving together with EMLD Stock
| 0.74 | FUWAF | Furukawa Electric | PairCorr |
| 0.69 | MNPR | Monopar Therapeutics Trending | PairCorr |
| 0.75 | CSCO | Cisco Systems Aggressive Push | PairCorr |
| 0.65 | WMT | Walmart Aggressive Push | PairCorr |
| 0.61 | MMM | 3M Company Fiscal Year End 28th of January 2025 | PairCorr |
| 0.76 | AXP | American Express Earnings Call Tomorrow | PairCorr |
| 0.65 | BAC | Bank of America | PairCorr |
Moving against EMLD Stock
| 0.73 | JNJ | Johnson Johnson Fiscal Year End 28th of January 2025 | PairCorr |
| 0.67 | KO | Coca Cola Fiscal Year End 11th of February 2025 | PairCorr |
| 0.66 | NFPDF | Nissin Foods Holdings | PairCorr |
| 0.66 | MCD | McDonalds Fiscal Year End 3rd of February 2025 | PairCorr |
| 0.65 | DD | Dupont De Nemours Fiscal Year End 4th of February 2025 | PairCorr |
| 0.57 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.46 | DAIUF | Daifuku | PairCorr |
| 0.39 | TRV | The Travelers Companies | PairCorr |
| 0.36 | YAMHF | Yamaha Motor | PairCorr |
| 0.34 | PG | Procter Gamble | PairCorr |
| 0.34 | AA | Alcoa Corp | PairCorr |
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 EMLD Stock performing well and EMLD 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 EMLD 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ATEK | 3.21 | (1.40) | 0.00 | (26.76) | 0.00 | 2.23 | 100.22 | |||
| AHRN | 0.05 | 0.00 | (0.17) | 0.53 | 0.00 | 0.19 | 0.38 | |||
| ASCB | 0.02 | 0.00 | 0.00 | (0.43) | 0.00 | 0.00 | 0.46 | |||
| ALOR | 0.09 | 0.04 | 0.00 | (2.19) | 0.00 | 0.38 | 1.06 | |||
| PLAOU | 0.15 | 0.01 | 0.00 | 0.08 | 0.00 | 0.00 | 6.70 | |||
| XPDBU | 0.21 | 0.02 | 0.00 | 0.18 | 0.00 | 0.39 | 3.81 | |||
| HAIAU | 0.30 | (0.11) | 0.00 | (0.39) | 0.00 | 0.09 | 11.20 | |||
| SCAQU | 0.22 | (0.03) | 0.00 | 1.30 | 0.00 | 0.00 | 7.14 | |||
| OHAA | 0.12 | (0.01) | 0.00 | (1.16) | 0.00 | 0.20 | 3.67 |
Delisting Warning - EMLD
EMLD Old was delisted
| The entity EMLD Old with a symbol EMLD was delisted from NASDAQ Exchange. Please try FTAC Emerald Acquisition with a symbol FLDD from now on. Check all delisted instruments accross multiple markets. |
Still Interested in EMLD 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.