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.
Solidion |
Moving together with Solidion Stock
0.81 | TE | T1 Energy Symbol Change | PairCorr |
0.88 | ELPW | Elong Power Holding | PairCorr |
0.75 | ENVX | Enovix Corp | PairCorr |
0.74 | FCEL | FuelCell Energy | PairCorr |
0.68 | EAF | GrafTech International | PairCorr |
0.7 | ENR | Energizer Holdings | PairCorr |
0.73 | ESP | Espey Mfg Electronics | PairCorr |
0.85 | GTI | Graphjet Technology | PairCorr |
0.89 | GWH | ESS Tech | PairCorr |
0.75 | NVT | nVent Electric PLC | PairCorr |
0.87 | NVX | Novonix Ltd ADR | PairCorr |
0.73 | NXU | Nxu Inc | PairCorr |
0.86 | XPON | Expion360 | PairCorr |
0.71 | VRT | Vertiv Holdings | PairCorr |
0.67 | EOSEW | Eos Energy Enterprises | PairCorr |
0.64 | PITAW | Heramba Electric plc | PairCorr |
0.69 | SDSTW | Stardust Power Symbol Change | PairCorr |
0.76 | HUBB | Hubbell | PairCorr |
0.87 | IPWR | Ideal Power | PairCorr |
0.73 | NEOVW | NeoVolta Warrant | PairCorr |
0.61 | ADSEW | ADS TEC ENERGY | PairCorr |
0.81 | NEOV | NeoVolta Common Stock | PairCorr |
0.7 | SLDPW | Solid Power | PairCorr |
0.76 | PITA | Heramba Electric plc | PairCorr |
Moving against Solidion Stock
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
|
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.Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
---|---|---|---|---|---|---|---|---|---|---|
DIT | 3.04 | (0.10) | 0.00 | (0.38) | 0.00 | 7.08 | 23.77 | |||
UNFI | 2.24 | (0.01) | 0.00 | (0.07) | 0.00 | 4.52 | 16.03 | |||
GPC | 1.11 | 0.02 | 0.00 | (0.03) | 0.00 | 1.98 | 6.97 | |||
TW | 1.14 | 0.14 | 0.14 | 0.48 | 1.23 | 2.36 | 5.87 | |||
ANDE | 1.73 | (0.01) | 0.00 | (0.08) | 0.00 | 3.13 | 20.70 | |||
CVI | 2.18 | 0.23 | 0.10 | 0.44 | 2.55 | 5.07 | 12.26 | |||
VITL | 2.78 | (0.19) | 0.00 | (0.19) | 0.00 | 5.53 | 17.19 | |||
K | 0.14 | 0.04 | 0.60 | 1.54 | 0.00 | 0.34 | 0.80 |
Solidion Technology Corporate Management
Bor Jang | Executive Officer | Profile | |
Robert Crouch | Vice Affairs | Profile | |
Vlad Prantsevich | Chief Officer | Profile | |
Aruna Zhamu | Technical Advisor | Profile | |
Songhai Chai | Chief Officer | Profile |