FANH Old Correlations

Summary

FANHDelisted Stock

USD 1.51 0.02 1.31%

The current 90-days correlation between FANH Old and Erie Indemnity is -0.01 (i.e., Good diversification). The correlation of FANH 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.

FANH Old Correlation With Market

Good diversification

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

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 board of governors.

Moving together with FANH Stock

0.63

Boeing Fiscal Year End 29th of January 2025

Pair Corr

Moving against FANH Stock

0.8	AA	Alcoa Corp Fiscal Year End 15th of January 2025	Pair Corr
0.8	CVX	Chevron Corp Fiscal Year End 7th of February 2025	Pair Corr
0.76	TRV	The Travelers Companies Sell-off Trend	Pair Corr
0.67	HPQ	HP Inc	Pair Corr
0.59	INTC	Intel Fiscal Year End 23rd of January 2025	Pair Corr
0.58	CAT	Caterpillar Fiscal Year End 3rd of February 2025	Pair Corr
0.55	PTAIF	PT Astra International	Pair Corr
0.5	HD	Home Depot	Pair Corr
0.49	BAC	Bank of America Aggressive Push	Pair Corr
0.42	TLKMF	Telkom Indonesia Tbk	Pair Corr
0.38	PG	Procter Gamble	Pair Corr
0.31	GE	GE Aerospace Fiscal Year End 28th of January 2025	Pair Corr

Related Correlations Analysis

	ERIE	CRD-A	CRD-B	BRP	CRVL	BRO	AJG	TIRX	WTW	SLQT
ERIE		-0.08	0.11	0.34	-0.55	-0.13	-0.01	0.57	-0.71	-0.55	ERIE
CRD-A	-0.08		0.53	-0.17	0.48	0.66	0.59	-0.08	0.41	0.07	CRD-A
CRD-B	0.11	0.53		-0.34	-0.16	0.16	-0.03	0.23	-0.11	-0.24	CRD-B
BRP	0.34	-0.17	-0.34		-0.05	-0.37	0.0	0.01	-0.09	0.38	BRP
CRVL	-0.55	0.48	-0.16	-0.05		0.57	0.58	-0.67	0.84	0.52	CRVL
BRO	-0.13	0.66	0.16	-0.37	0.57		0.87	-0.12	0.47	-0.19	BRO
AJG	-0.01	0.59	-0.03	0.0	0.58	0.87		-0.11	0.5	0.0	AJG
TIRX	0.57	-0.08	0.23	0.01	-0.67	-0.12	-0.11		-0.63	-0.48	TIRX
WTW	-0.71	0.41	-0.11	-0.09	0.84	0.47	0.5	-0.63		0.64	WTW
SLQT	-0.55	0.07	-0.24	0.38	0.52	-0.19	0.0	-0.48	0.64		SLQT
	ERIE	CRD-A	CRD-B	BRP	CRVL	BRO	AJG	TIRX	WTW	SLQT

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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

AJG	+ 0.87	BRO
WTW	+ 0.84	CRVL
BRO	+ 0.66	CRD-A
SLQT	+ 0.64	WTW
AJG	+ 0.59	CRD-A
AJG	+ 0.58	CRVL

High negative correlations

WTW	- 0.71	ERIE
TIRX	- 0.67	CRVL
WTW	- 0.63	TIRX
SLQT	- 0.55	ERIE
CRVL	- 0.55	ERIE
SLQT	- 0.48	TIRX

Risk-Adjusted Indicators

There is a big difference between FANH Stock performing well and FANH 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 FANH 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
ERIE	1.43	(0.43)	0.00	(1.12)	0.00	0.00	1.88	(3.62)	9.75
CRD-A	1.45	(0.05)	0.00	1.08	0.00	0.00	2.70	(2.90)	11.23
CRD-B	1.72	(0.11)	0.00	3.93	0.00	0.00	3.30	(3.95)	11.72
BRP	2.02	0.07	0.02	(0.73)	2.74	(1.92)	4.05	(4.84)	12.03
CRVL	1.69	0.05	0.02	0.09	1.63	(2.21)	3.43	(2.46)	15.34
BRO	0.95	(0.07)	0.00	(0.13)	0.00	0.00	1.88	(2.18)	6.33
AJG	0.96	(0.06)	0.00	(0.14)	0.00	0.00	2.15	(2.07)	5.47
TIRX	3.85	(0.12)	0.00	(0.10)	0.00	0.00	8.94	(7.39)	34.10
WTW	0.87	0.05	0.03	0.15	1.04	(0.89)	2.11	(1.63)	6.26
SLQT	3.32	1.13	0.34	(3.37)	2.75	(4.14)	7.39	(5.24)	28.24

Delisting Warning - FANH

FANH Old was delisted

The entity FANH Old with a symbol FANH was delisted from NASDAQ Exchange. Please try Fanhua Inc with a symbol AIFU from now on. Check all delisted instruments accross multiple markets.

Still Interested in FANH 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.

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