SAITW Old Correlations
The current 90-days correlation between SAITW Old and Satellogic Warrant is 0.31 (i.e., Weak diversification). The correlation of SAITW 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. If the correlation is 0, the equities are not correlated; they are entirely random.
SAITW Old Correlation With Market
Good diversification
The correlation between SAITW Old and DJI is -0.04 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding SAITW Old and DJI in the same portfolio, assuming nothing else is changed.
SAITW |
Moving together with SAITW Stock
| 0.75 | BKRKY | Bank Rakyat | PairCorr |
| 0.73 | TLK | Telkom Indonesia Tbk | PairCorr |
| 0.76 | PPERF | Bank Mandiri Persero | PairCorr |
| 0.77 | PPERY | Bank Mandiri Persero | PairCorr |
| 0.7 | PBCRY | Bank Central Asia | PairCorr |
| 0.73 | GE | GE Aerospace Fiscal Year End 28th of January 2025 | PairCorr |
| 0.73 | KO | Coca Cola Fiscal Year End 11th of February 2025 | PairCorr |
| 0.71 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
Moving against SAITW Stock
| 0.8 | GOOGL | Alphabet Class A Aggressive Push | PairCorr |
| 0.62 | WMT | Walmart | PairCorr |
| 0.58 | DIS | Walt Disney Sell-off Trend | PairCorr |
| 0.55 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
| 0.55 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.52 | MSFT | Microsoft | PairCorr |
| 0.48 | T | ATT Inc Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.45 | BAC | Bank of America Aggressive Push | PairCorr |
Related Correlations Analysis
| -0.65 | 0.33 | -0.4 | -0.55 | REVBW | ||
| -0.65 | -0.28 | 0.86 | 0.87 | SOUNW | ||
| 0.33 | -0.28 | -0.05 | -0.48 | SCAQW | ||
| -0.4 | 0.86 | -0.05 | 0.76 | SATLW | ||
| -0.55 | 0.87 | -0.48 | 0.76 | RGTIW | ||
| 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 SAITW Stock performing well and SAITW 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 SAITW 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| REVBW | 8.74 | 0.75 | 0.06 | 0.23 | 10.30 | 22.32 | 63.86 | |||
| SOUNW | 8.83 | 3.50 | 0.38 | (3.03) | 7.24 | 32.21 | 55.47 | |||
| SCAQW | 8.82 | 1.23 | 0.04 | (0.16) | 14.87 | 15.00 | 282.46 | |||
| SATLW | 20.97 | 7.52 | 0.36 | 1.54 | 14.71 | 76.81 | 176.63 | |||
| RGTIW | 17.73 | 9.44 | 0.66 | (2.57) | 10.95 | 43.59 | 136.12 |
Delisting Warning - SAITW
SAITW Old was delisted
| The entity SAITW Old with a symbol SAITW was delisted from NASDAQ Exchange. Please try SAIHEAT Limited with a symbol SAIHW from now on. Check all delisted instruments accross multiple markets. |
SAITW Old Corporate Executives
Elected by the shareholders, the SAITW Old's board of directors comprises two types of representatives: SAITW Old inside directors who are chosen from within the company, and outside directors, selected externally and held independent of SAITW. The board's role is to monitor SAITW Old's management team and ensure that shareholders' interests are well served. SAITW Old's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, SAITW Old's outside directors are responsible for providing unbiased perspectives on the board's policies.
Still Interested in SAITW 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.