CYCC Old Correlations

CYCCDelisted Stock  USD 6.37  0.39  5.77%   
The current 90-days correlation between CYCC Old and SNPX Old is -0.01 (i.e., Good diversification). The correlation of CYCC 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.

CYCC Old Correlation With Market

Significant diversification

The correlation between CYCC Old and DJI is 0.04 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding CYCC Old and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Trending Equities 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 interest.

Moving together with CYCC Stock

  0.72WF Woori Financial GroupPairCorr
  0.65VNCE Vince Holding CorpPairCorr
  0.7NEXCF Nextech Ar SolutionsPairCorr

Moving against CYCC Stock

  0.6PBCRF PT Bank CentralPairCorr
  0.54PPERY Bank Mandiri PerseroPairCorr
  0.5PBCRY Bank Central AsiaPairCorr
  0.43MAPPF ProStar HoldingsPairCorr
  0.44WMELF Westmount EnergyPairCorr
  0.38QWTR Quest Water GlobalPairCorr
  0.32BOMO Bowmo IncPairCorr

Related Correlations Analysis


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

HURASCPX
KRROSNPX
OBSVSCPX
AMTISCPX
MLNDSCPX
APGNSCPX
  

High negative correlations

HURAKRRO
HURASNPX
KRROSCPX
SNPXSCPX
HURAGLS
HURAAPGN

Risk-Adjusted Indicators

There is a big difference between CYCC Stock performing well and CYCC 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 CYCC 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
SCPX  635.42  345.85  4.96  3.74  60.37 
 2,900 
 9,995 
SNPX  7.07  2.26  0.26 (4.34) 6.17 
 28.10 
 69.09 
KRRO  5.76  1.04  0.20  0.46  5.21 
 12.24 
 31.66 
OBSV  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
AMTI  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
MLND  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
APGN  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
GLS  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
HURA  3.75 (0.17)(0.01) 0.03  4.49 
 9.28 
 45.22 

Delisting Warning - CYCC

CYCC Old was delisted

The entity CYCC Old with a symbol CYCC was delisted from NASDAQ Exchange. Please try Bio Green Med with a symbol BGMS from now on. Check all delisted instruments accross multiple markets.

Still Interested in CYCC 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.