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Last Update: 24-Oct-2020, 06:09 CST

NNDM Correlation Report

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Correlation Plot    ExplainYTD: NNDM  57.3 %  vs. SPX  7.3 % 
Nano Dimension Ltd. - ADR

* Correlation: MODEST* Reward: correlation not >= 0.6 or <= -0.6
* Diversifier: MODEST* Risk: EXTREMELY HIGH

CC *Alpha *Beta *RR *R-Scatter *% Win *

0.112

-2.135

6.56

-4

0.6

38.3
* Last 60 market days. NNDM relative to SPX - S&P 500 Index
Most Correlated Non-ETF Securities:
RankNNDM CCTicker Symbol - Security NameSPX CCSPX AlphaSPX Beta
1
2
0.444 Subscribe first then Login to view complete reports now

0.379

-0.164

1.63
2
9
0.399 Subscribe first then Login to view complete reports now

0.020

-0.270

1.17
3
2
0.385 Subscribe first then Login to view complete reports now

0.013

-2.933

5.82
4
190
0.383 Subscribe first then Login to view complete reports now

0.116

-1.057

2.50
5
3
0.373 NETE - Net Element Inc.

-0.373

-0.250

-6.63
Least Correlated Non-ETF Securities:
RankNNDM CCTicker Symbol - Security NameSPX CCSPX AlphaSPX Beta
1
263
0.000 Subscribe first then Login to view complete reports now

0.391

-0.008

1.17
2
752
0.000 Subscribe first then Login to view complete reports now

0.402

0.591

3.93
3
414
0.000 Subscribe first then Login to view complete reports now

0.659

-0.031

1.46
4
769
0.000 Subscribe first then Login to view complete reports now

0.781

-0.166

1.17
5
621
0.000 WAT - Waters Corporation

0.617

-0.245

1.10
Most Anti-Correlated Non-ETF Securities:
RankNNDM CCTicker Symbol - Security NameSPX CCSPX AlphaSPX Beta
1
-0.385 Subscribe first then Login to view complete reports now

0.189

0.631

2.22
2
4
-0.337 Subscribe first then Login to view complete reports now

0.117

-1.249

5.86
3
-0.278 Subscribe first then Login to view complete reports now

0.138

0.272

2.06
4
2
-0.273 Subscribe first then Login to view complete reports now

0.076

-0.571

2.91
5
1
-0.262 APO - Apollo Global Management Inc. Class A

0.423

-0.442

2.02




 

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