Elliott Opportunity Correlations

The correlation of Elliott Opportunity 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.
  
Check out Investing Opportunities 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 main economic indicators.

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   
CNDAICNC
HWKZICNC
AOGOICNC
OPAICNC
CPAAICNC
GENQICNC
  
High negative correlations   
DTOCITAQ
DTOCGENQ
ITAQGENQ
DTOCCPAA
ITAQCPAA
GENQCPAA

Risk-Adjusted Indicators

There is a big difference between Elliott Stock performing well and Elliott Opportunity 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 Elliott Opportunity'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
ICNC  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
CNDA  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
HWKZ  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
AOGO  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
OPA  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
CPAA  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
GENQ  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
ITAQ  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
DTOC  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 

View Elliott Opportunity Related Equities

 Risk & Return  Correlation

Elliott Opportunity Corporate Management

David KerkoCoChief OfficerProfile
Terry KasselChief OfficerProfile
Isaac KimCoChief OfficerProfile
Nabeel BhanjiPresidentProfile
Steven BargChief OfficerProfile

Still Interested in Elliott Opportunity II?

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.