TNP Old Correlations
| TNPDelisted Stock | USD 29.28 0.26 0.88% |
The current 90-days correlation between TNP Old and Teekay is 0.17 (i.e., Average diversification). The correlation of TNP 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.
TNP Old Correlation With Market
Good diversification
The correlation between TNP Old and DJI is -0.02 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding TNP Old and DJI in the same portfolio, assuming nothing else is changed.
TNP |
Moving together with TNP Stock
| 0.78 | AMKBY | AP Moeller Maersk | PairCorr |
| 0.87 | BKNG | Booking Holdings | PairCorr |
| 0.86 | T | ATT Inc Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.95 | DIS | Walt Disney Sell-off Trend | PairCorr |
| 0.74 | CSCO | Cisco Systems Sell-off Trend | PairCorr |
| 0.82 | BAC | Bank of America Aggressive Push | PairCorr |
| 0.88 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.81 | JPM | JPMorgan Chase Fiscal Year End 10th of January 2025 | PairCorr |
Moving against TNP Stock
| 0.88 | VLCN | Volcon Inc | PairCorr |
| 0.87 | PSGTF | PT Semen Indonesia | PairCorr |
| 0.74 | BPTS | Biophytis | PairCorr |
| 0.72 | AULT | AULT Old Symbol Change | PairCorr |
| 0.72 | KO | Coca Cola Fiscal Year End 11th of February 2025 | PairCorr |
| 0.64 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.59 | NVR | NVR Inc | PairCorr |
| 0.48 | DD | Dupont De Nemours Fiscal Year End 4th of February 2025 | PairCorr |
| 0.44 | MCD | McDonalds Fiscal Year End 3rd of February 2025 | PairCorr |
| 0.44 | XOM | Exxon Mobil Corp Sell-off Trend | PairCorr |
| 0.31 | RBGPF | Reckitt Benckiser | PairCorr |
Related Correlations Analysis
| 0.91 | -0.69 | 0.89 | 0.86 | TK | ||
| 0.91 | -0.88 | 0.95 | 0.94 | TNK | ||
| -0.69 | -0.88 | -0.78 | -0.81 | OSG | ||
| 0.89 | 0.95 | -0.78 | 0.98 | DHT | ||
| 0.86 | 0.94 | -0.81 | 0.98 | FRO | ||
| 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 TNP Stock performing well and TNP 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 TNP 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| TK | 1.84 | (0.20) | 0.00 | (6.29) | 0.00 | 3.32 | 15.70 | |||
| TNK | 1.52 | (0.55) | 0.00 | (14.78) | 0.00 | 3.30 | 9.34 | |||
| OSG | 1.25 | 0.47 | 0.38 | (7.65) | 0.41 | 3.47 | 23.21 | |||
| DHT | 1.76 | (0.23) | 0.00 | (0.99) | 0.00 | 3.87 | 9.41 | |||
| FRO | 2.23 | (0.68) | 0.00 | (3.42) | 0.00 | 4.76 | 14.18 |
Delisting Warning - TNP
TNP Old was delisted
| The entity TNP Old with a symbol TNP was delisted from NASDAQ Exchange. Please try Tsakos Energy Navigation with a symbol TEN from now on. Check all delisted instruments accross multiple markets. |
TNP Old Corporate Executives
Elected by the shareholders, the TNP Old's board of directors comprises two types of representatives: TNP Old inside directors who are chosen from within the company, and outside directors, selected externally and held independent of TNP. The board's role is to monitor TNP Old's management team and ensure that shareholders' interests are well served. TNP 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, TNP Old's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Paul Durham | CFO, Chief Accounting Officer and Member of Operational and Financial Risk Committee | Profile |
Still Interested in TNP 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.