Network International Correlations
| NWITYDelisted Stock | USD 5.20 0.00 0.00% |
The current 90-days correlation between Network International and ZeroFox Holdings is 0.04 (i.e., Significant diversification). The correlation of Network International 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.
Network International Correlation With Market
Good diversification
The correlation between Network International Holdings and DJI is -0.05 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Network International Holdings and DJI in the same portfolio, assuming nothing else is changed.
Network |
The ability to find closely correlated positions to Network International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Network International when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Network International - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Network International Holdings to buy it.
Moving together with Network Pink Sheet
| 0.8 | WIT | Wipro Limited ADR | PairCorr |
| 0.7 | PTAIF | PT Astra International | PairCorr |
| 0.8 | INMD | InMode | PairCorr |
| 0.74 | GOOG | Alphabet Class C Aggressive Push | PairCorr |
| 0.86 | IONQ | IONQ Inc | PairCorr |
| 0.75 | LUNR | Intuitive Machines | PairCorr |
| 0.83 | NFLX | Netflix Fiscal Year End 28th of January 2025 | PairCorr |
| 0.82 | PLTR | Palantir Technologies Aggressive Push | PairCorr |
| 0.69 | RUM | Rumble Inc Tech Boost | PairCorr |
| 0.77 | FUND | Sprott Focus Trust | PairCorr |
| 0.85 | BAC | Bank of America Fiscal Year End 10th of January 2025 | PairCorr |
| 0.85 | AVTE | Aerovate Therapeutics | PairCorr |
| 0.75 | ET | Energy Transfer LP | PairCorr |
| 0.71 | PYPL | PayPal Holdings | PairCorr |
| 0.62 | SOUN | SoundHound AI Aggressive Push | PairCorr |
Moving against Network Pink Sheet
| 0.89 | CGEMY | Capgemini SE ADR | PairCorr |
| 0.84 | PIFMF | PT Indofood Sukses | PairCorr |
| 0.82 | TLK | Telkom Indonesia Tbk | PairCorr |
| 0.78 | EC | Ecopetrol SA ADR | PairCorr |
| 0.46 | PTAIY | Astra International Tbk | PairCorr |
| 0.35 | INFY | Infosys Ltd ADR | PairCorr |
| 0.5 | WETH | Wetouch Technology Common | PairCorr |
| 0.31 | IQ | iQIYI Inc Aggressive Push | 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 Network Pink Sheet performing well and Network International 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 Network International'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CISO | 6.29 | 2.59 | 0.32 | (1.62) | 5.13 | 16.36 | 44.20 | |||
| NXTP | 4.97 | (0.59) | 0.00 | 4.40 | 0.00 | 8.74 | 28.18 | |||
| ZFOX | 3.61 | (0.02) | 0.00 | 0.14 | 0.00 | 10.09 | 23.43 | |||
| GRRR | 5.37 | 1.43 | 0.33 | 0.87 | 4.03 | 16.98 | 31.23 | |||
| TAOP | 4.40 | (0.57) | 0.00 | (0.34) | 0.00 | 12.07 | 43.52 | |||
| CRWD | 1.98 | 0.43 | 0.23 | 0.40 | 1.63 | 4.11 | 12.69 | |||
| PATH | 2.03 | 0.08 | 0.08 | 0.15 | 2.22 | 4.86 | 12.04 | |||
| SPLK | 1.63 | 0.20 | 0.04 | (1.70) | 1.70 | 4.36 | 10.70 | |||
| S | 2.25 | (0.05) | 0.02 | 0.09 | 3.20 | 5.09 | 20.67 | |||
| PANW | 1.34 | 0.08 | 0.05 | 0.18 | 1.88 | 2.59 | 9.85 |
View Network International Related Equities
| Risk & Return | Correlation |
Network International Corporate Management
| Abdulaziz AlDahmash | Managing Arabia | Profile | |
| Nandan Mer | Group Director | Profile | |
| Andrew Key | Group Acquiring | Profile | |
| Hamedi Alanezi | Acting Bus | Profile | |
| Rohit Malhotra | Group CFO | Profile | |
| Jamal Nassai | Group UAE | Profile | |
| Mark Diamond | Group Officer | Profile |
Still Interested in Network International Holdings?
Investing in delisted pink sheets can be risky, as the pink sheet 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.