Nubia Brand Correlations
| NUBIDelisted Stock | USD 10.61 0.00 0.00% |
The correlation of Nubia Brand 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.
Nubia Brand Correlation With Market
Good diversification
The correlation between Nubia Brand International and DJI is -0.04 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Nubia Brand International and DJI in the same portfolio, assuming nothing else is changed.
Nubia |
Moving together with Nubia Stock
| 0.65 | PTAIF | PT Astra International | PairCorr |
| 0.79 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.85 | DIS | Walt Disney Aggressive Push | PairCorr |
| 0.79 | JPM | JPMorgan Chase Fiscal Year End 10th of January 2025 | PairCorr |
| 0.74 | TRV | The Travelers Companies Fiscal Year End 17th of January 2025 | PairCorr |
| 0.81 | WMT | Walmart Aggressive Push | PairCorr |
| 0.83 | BAC | Bank of America Fiscal Year End 10th of January 2025 | PairCorr |
| 0.71 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
| 0.61 | INTC | Intel Fiscal Year End 23rd of January 2025 | PairCorr |
Moving against Nubia Stock
| 0.77 | PFE | Pfizer Inc Fiscal Year End 4th of February 2025 | PairCorr |
| 0.76 | KO | Coca Cola Fiscal Year End 11th of February 2025 | PairCorr |
| 0.74 | PKX | POSCO Holdings | PairCorr |
| 0.65 | EC | Ecopetrol SA ADR | PairCorr |
| 0.6 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
| 0.5 | PTAIY | Astra International Tbk | PairCorr |
Related Correlations Analysis
| 0.15 | 0.24 | 0.57 | 0.77 | CLAYU | ||
| 0.15 | 0.31 | 0.36 | 0.14 | IVCPU | ||
| 0.24 | 0.31 | 0.47 | 0.44 | VBOCU | ||
| 0.57 | 0.36 | 0.47 | 0.64 | LVAC | ||
| 0.77 | 0.14 | 0.44 | 0.64 | CFFS | ||
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between Nubia Stock performing well and Nubia Brand 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 Nubia Brand'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CLAYU | 0.38 | 0.20 | 0.00 | (1.36) | 0.00 | 1.43 | 4.14 | |||
| IVCPU | 0.12 | (0.03) | 0.00 | 1.85 | 0.00 | 0.00 | 4.61 | |||
| VBOCU | 0.36 | 0.00 | (0.09) | 0.11 | 0.53 | 1.33 | 5.07 | |||
| LVAC | 0.07 | 0.01 | (0.57) | (0.23) | 0.00 | 0.19 | 0.87 | |||
| CFFS | 0.10 | 0.01 | (0.46) | 0.65 | 0.00 | 0.45 | 1.08 |
Delisting Warning - NUBI
Nubia Brand International was delisted
| The entity Nubia Brand International with a symbol NUBI was delisted from NASDAQ Exchange. Please try Solidion Technology with a symbol STI from now on. Check all delisted instruments accross multiple markets. |
Still Interested in Nubia Brand International?
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.