DatChat Correlations

DATSDelisted Stock  USD 1.99  0.02  1.02%   
The correlation of DatChat 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.

DatChat Correlation With Market

Good diversification

The correlation between DatChat and DJI is -0.01 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding DatChat and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Investing Opportunities 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 manufacturing.

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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

LYTNXTT
LYTXTIA
QXOXTIA
XTIANXTT
LYTQXO
QXONXTT
  

High negative correlations

MINMNXTT
MINMLYT
MINMXTIA
MINMQXO
RBTMINM
RBTLYT

Risk-Adjusted Indicators

There is a big difference between DatChat Stock performing well and DatChat 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 DatChat'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
NXTT  10.06 (2.72) 0.00 (0.48) 0.00 
 12.62 
 154.69 
GVP  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
MTBL  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
AGIL  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
XTIA  3.07 (0.59) 0.00 (0.46) 0.00 
 6.22 
 35.50 
QXO  2.06 (0.36) 0.00 (0.12) 0.00 
 5.57 
 14.38 
LYT  8.49 (0.22) 0.00  0.09  0.00 
 22.31 
 57.62 
MINM  10.11  4.00  0.48 (1.04) 5.60 
 22.85 
 164.04 
RBT  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 

Delisting Warning - DATS

DatChat was delisted

The entity DatChat with a symbol DATS was delisted from NASDAQ Exchange. Please try Myseum, with a symbol MYSE from now on. Check all delisted instruments accross multiple markets.

DatChat Corporate Management

Rene MonguiI SmarterVerseProfile
Peter ShelusCTO FounderProfile
Brett BlumbergChief OfficerProfile
Johan MolinaI SmarterVerseProfile
Ingrith SalazarI SmarterVerseProfile
Gabriel DanielsChief OfficerProfile
Mark MathisChief ArchitectProfile

Still Interested in DatChat?

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