Senior Connect Correlations

SNRHDelisted Stock  USD 10.04  0.00  0.00%   
The correlation of Senior Connect 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.

Senior Connect Correlation With Market

Significant diversification

The correlation between Senior Connect Acquisition and DJI is 0.02 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Senior Connect Acquisition and DJI in the same portfolio, assuming nothing else is changed.
  
Check out World Market Map 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 metropolitan statistical area.

Moving together with Senior Stock

  0.65GE GE Aerospace Sell-off TrendPairCorr
  0.73DD Dupont De Nemours Fiscal Year End 4th of February 2025 PairCorr

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   
JPMCRM
CRMT
JPMT
CRMMETA
JPMF
MRKA
  
High negative correlations   
MRKJPM
MRKCRM
MRKT
TUBER
XOMMSFT
JPMA

Risk-Adjusted Indicators

There is a big difference between Senior Stock performing well and Senior Connect 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 Senior Connect'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
META  1.15  0.26  0.13  0.63  1.17 
 3.22 
 8.02 
MSFT  0.88  0.07  0.01  0.23  1.35 
 2.09 
 8.19 
UBER  1.78 (0.22) 0.00 (0.07) 0.00 
 2.69 
 20.41 
F  1.43 (0.15)(0.04) 0.01  2.22 
 2.53 
 11.21 
T  0.98  0.15  0.03  3.35  1.06 
 2.36 
 6.74 
A  1.22  0.01 (0.04) 0.14  1.48 
 2.71 
 9.02 
CRM  1.46  0.39  0.28  0.39  1.01 
 3.59 
 13.87 
JPM  1.08 (0.02) 0.05  0.10  1.30 
 1.73 
 15.87 
MRK  0.92 (0.22) 0.00 (0.77) 0.00 
 2.00 
 4.89 
XOM  0.96 (0.05) 0.00 (0.07) 0.00 
 1.83 
 6.06 

View Senior Connect Related Equities

 Risk & Return  Correlation

Senior Connect Corporate Management

Still Interested in Senior Connect Acquisition?

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.