XPDBW Old Correlations
| XPDBWDelisted Stock | USD 0.10 0.02 16.67% |
The current 90-days correlation between XPDBW Old and Noble Rock Acquisition is -0.24 (i.e., Very good diversification). The correlation of XPDBW 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.
XPDBW Old Correlation With Market
Significant diversification
The correlation between XPDBW Old and DJI is 0.03 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding XPDBW Old and DJI in the same portfolio, assuming nothing else is changed.
XPDBW |
Moving against XPDBW Stock
| 0.69 | TRV | The Travelers Companies Sell-off Trend | PairCorr |
| 0.64 | CVX | Chevron Corp Fiscal Year End 7th of February 2025 | PairCorr |
| 0.63 | BAC | Bank of America Aggressive Push | PairCorr |
| 0.54 | PTAIF | PT Astra International | PairCorr |
| 0.54 | HD | Home Depot | PairCorr |
| 0.51 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
| 0.51 | T | ATT Inc Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.42 | DIS | Walt Disney Sell-off Trend | PairCorr |
| 0.4 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.38 | WMT | Walmart | PairCorr |
| 0.36 | CAT | Caterpillar Fiscal Year End 3rd of February 2025 | PairCorr |
| 0.35 | PG | Procter Gamble | PairCorr |
| 0.32 | MSFT | Microsoft | PairCorr |
Related Correlations Analysis
| -0.13 | 0.25 | -0.03 | 0.41 | NRACW | ||
| -0.13 | -0.07 | 0.19 | 0.22 | CDAQW | ||
| 0.25 | -0.07 | -0.14 | -0.06 | MACAW | ||
| -0.03 | 0.19 | -0.14 | 0.13 | VIIAW | ||
| 0.41 | 0.22 | -0.06 | 0.13 | ADALW | ||
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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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between XPDBW Stock performing well and XPDBW 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 XPDBW 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| NRACW | 22.87 | 3.77 | 0.13 | (0.60) | 21.47 | 66.67 | 145.37 | |||
| CDAQW | 10.23 | 1.49 | 0.07 | (0.99) | 12.21 | 24.78 | 75.94 | |||
| MACAW | 9.78 | 1.78 | 0.11 | (1.98) | 9.91 | 30.65 | 71.53 | |||
| VIIAW | 14.69 | 3.54 | 0.13 | 0.69 | 15.67 | 27.84 | 220.00 | |||
| ADALW | 29.81 | 3.86 | 0.10 | (0.61) | 26.80 | 109.52 | 268.18 |
Delisting Warning - XPDBW
XPDBW Old was delisted
| The entity XPDBW Old with a symbol XPDBW was delisted from NASDAQ Exchange. Please try Montana Technologies with a symbol AIRJW from now on. Check all delisted instruments accross multiple markets. |
Still Interested in XPDBW 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.