WISH Old Correlations

WISHDelisted Stock  USD 5.75  0.14  2.50%   
The current 90-days correlation between WISH Old and Global E Online is 0.04 (i.e., Significant diversification). The correlation of WISH 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.

WISH Old Correlation With Market

Good diversification

The correlation between WISH Old and DJI is -0.03 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding WISH Old and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

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   
VIPSPDD
JDPDD
JDVIPS
SEGLBE
OSTKGLBE
FTCHSE
  
High negative correlations   
JMIAOSTK
JMIACHWY
JMIAGLBE
ETSYFTCH
JDETSY
ETSYPDD

Risk-Adjusted Indicators

There is a big difference between WISH Stock performing well and WISH 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 WISH 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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
GLBE  1.68  0.54  0.29  0.61  1.21 
 4.70 
 12.67 
PDD  2.48  0.20  0.02 (1.02) 3.18 
 4.85 
 24.21 
SE  1.63  0.51  0.22  3.72  1.44 
 4.65 
 13.28 
FTCH  3.52  0.35  0.06  2.80  3.55 
 7.30 
 24.63 
VIPS  1.90  0.13  0.03  0.35  2.21 
 4.34 
 17.40 
ETSY  1.70 (0.09)(0.05) 0.01  2.27 
 3.43 
 13.37 
OSTK  3.47  0.71  0.21  0.85  3.06 
 11.40 
 30.48 
CHWY  2.09  0.13  0.06  0.26  1.95 
 6.03 
 12.83 
JMIA  3.21 (0.47) 0.00 (0.09) 0.00 
 7.14 
 28.82 
JD  2.74  0.55  0.14  1.10  2.94 
 6.76 
 23.41 

Delisting Warning - WISH

WISH Old was delisted

The entity WISH Old with a symbol WISH was delisted from NASDAQ Exchange. Please try Contextlogic with a symbol LOGC from now on. Check all delisted instruments accross multiple markets.

WISH Old Corporate Management

Joanna ForsterGeneral OfficerProfile
Ralph FongHead RelationsProfile
Ying LiuChief OfficerProfile
Devang ShahChief OfficerProfile
Sheng ZhangCoFounderProfile
Mauricio MonicoChief ProductProfile

Still Interested in WISH 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.