Solidion Technology Correlations

STI Stock  USD 0.14  0.01  6.67%   
The current 90-days correlation between Solidion Technology and AMCON Distributing is 0.12 (i.e., Average diversification). The correlation of Solidion Technology 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.

Solidion Technology Correlation With Market

Significant diversification

The correlation between Solidion Technology and DJI is 0.08 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Solidion Technology and DJI in the same portfolio, assuming nothing else is changed.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Solidion Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more detail on how to invest in Solidion Stock please use our How to Invest in Solidion Technology guide.

Moving together with Solidion Stock

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  0.7ENR Energizer HoldingsPairCorr
  0.73ESP Espey Mfg ElectronicsPairCorr
  0.85GTI Graphjet TechnologyPairCorr
  0.89GWH ESS TechPairCorr
  0.75NVT nVent Electric PLCPairCorr
  0.87NVX Novonix Ltd ADRPairCorr
  0.73NXU Nxu IncPairCorr
  0.86XPON Expion360PairCorr
  0.71VRT Vertiv HoldingsPairCorr
  0.67EOSEW Eos Energy EnterprisesPairCorr
  0.64PITAW Heramba Electric plcPairCorr
  0.69SDSTW Stardust Power Symbol ChangePairCorr
  0.76HUBB HubbellPairCorr
  0.87IPWR Ideal PowerPairCorr
  0.73NEOVW NeoVolta WarrantPairCorr
  0.61ADSEW ADS TEC ENERGYPairCorr
  0.81NEOV NeoVolta Common StockPairCorr
  0.7SLDPW Solid PowerPairCorr
  0.76PITA Heramba Electric plcPairCorr

Moving against Solidion Stock

  0.42ENS EnersysPairCorr
  0.39LTBR Lightbridge CorpPairCorr
  0.41APWC Asia Pacific WirePairCorr

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   
KGPC
CVIANDE
ANDEGPC
TWGPC
KANDE
KTW
  
High negative correlations   
VITLGPC
KVITL
TWUNFI
VITLTW
CVIDIT
VITLDIT

Risk-Adjusted Indicators

There is a big difference between Solidion Stock performing well and Solidion Technology 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 Solidion Technology'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.

Solidion Technology Corporate Management

Bor JangExecutive OfficerProfile
Robert CrouchVice AffairsProfile
Vlad PrantsevichChief OfficerProfile
Aruna ZhamuTechnical AdvisorProfile
Songhai ChaiChief OfficerProfile