NLSP Old Correlations

Summary

NLSPDelisted Stock

USD 7.62 0.08 1.04%

The current 90-days correlation between NLSP Old and Ocean Biomedical is -0.01 (i.e., Good diversification). The correlation of NLSP 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. If the correlation is 0, the equities are not correlated; they are entirely random.

NLSP Old Correlation With Market

Good diversification

The correlation between NLSP Old and DJI is -0.17 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding NLSP Old and DJI in the same portfolio, assuming nothing else is changed.

Check out Correlation Analysis 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 main economic indicators.

Moving together with NLSP Stock

0.65

MSFT

Microsoft

Pair Corr

Moving against NLSP Stock

0.77	WMT	Walmart Common Stock	Pair Corr
0.71	PPERF	Bank Mandiri Persero	Pair Corr
0.69	MCD	McDonalds	Pair Corr
0.64	JNJ	Johnson Johnson	Pair Corr
0.62	PPERY	Bank Mandiri Persero	Pair Corr
0.62	DD	Dupont De Nemours	Pair Corr
0.58	CAT	Caterpillar	Pair Corr
0.57	AXP	American Express	Pair Corr
0.57	BAC	Bank of America	Pair Corr
0.55	KO	Coca Cola	Pair Corr
0.55	XOM	Exxon Mobil Corp	Pair Corr
0.49	MMM	3M Company	Pair Corr
0.47	SHG	Shinhan Financial	Pair Corr
0.43	KB	KB Financial Group	Pair Corr
0.38	PBCRF	PT Bank Central	Pair Corr
0.37	PBCRY	Bank Central Asia	Pair Corr
0.32	IBM	International Business	Pair Corr

Related Correlations Analysis

	OCEA	BACK	PRE	SRZN	CERO	SABS	BCTXW	NUWE	CELU	KTTA
OCEA		-0.11	-0.27	-0.32	0.87	-0.79	-0.74	0.71	0.69	-0.13	OCEA
BACK	-0.11		0.14	0.82	-0.14	0.23	-0.11	-0.11	-0.08	0.59	BACK
PRE	-0.27	0.14		0.41	-0.28	0.2	0.42	-0.31	-0.1	0.22	PRE
SRZN	-0.32	0.82	0.41		-0.44	0.53	0.07	-0.44	-0.3	0.68	SRZN
CERO	0.87	-0.14	-0.28	-0.44		-0.89	-0.69	0.85	0.77	-0.21	CERO
SABS	-0.79	0.23	0.2	0.53	-0.89		0.43	-0.87	-0.66	0.26	SABS
BCTXW	-0.74	-0.11	0.42	0.07	-0.69	0.43		-0.45	-0.58	-0.05	BCTXW
NUWE	0.71	-0.11	-0.31	-0.44	0.85	-0.87	-0.45		0.73	-0.14	NUWE
CELU	0.69	-0.08	-0.1	-0.3	0.77	-0.66	-0.58	0.73		0.01	CELU
KTTA	-0.13	0.59	0.22	0.68	-0.21	0.26	-0.05	-0.14	0.01		KTTA
	OCEA	BACK	PRE	SRZN	CERO	SABS	BCTXW	NUWE	CELU	KTTA

Please upgrade your account to get full access to Macroaxis premium features

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

CERO	+ 0.87	OCEA
NUWE	+ 0.85	CERO
SRZN	+ 0.82	BACK
CELU	+ 0.77	CERO
CELU	+ 0.73	NUWE
NUWE	+ 0.71	OCEA

High negative correlations

SABS	- 0.89	CERO
NUWE	- 0.87	SABS
SABS	- 0.79	OCEA
BCTXW	- 0.74	OCEA
BCTXW	- 0.69	CERO
CELU	- 0.66	SABS

Risk-Adjusted Indicators

There is a big difference between NLSP Stock performing well and NLSP 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 NLSP 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 Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
OCEA	34.62	9.95	0.22	(1.37)	25.94	(80.81)	100.00	(60.00)	457.76
BACK	13.93	4.42	0.28	(0.58)	10.23	(18.01)	31.25	(21.97)	238.10
PRE	4.94	0.89	0.15	0.69	5.83	(5.63)	11.20	(8.43)	35.61
SRZN	3.04	1.15	0.44	0.78	1.83	(3.65)	10.55	(3.60)	25.81
CERO	10.04	(2.46)	0.00	(0.55)	0.00	0.00	20.00	(21.43)	115.30
SABS	4.26	0.94	0.19	0.62	4.15	(5.56)	11.71	(8.87)	31.47
BCTXW	8.66	1.36	0.13	(1.73)	8.83	(10.78)	20.60	(15.36)	64.54
NUWE	4.92	(0.75)	0.00	(0.72)	0.00	0.00	11.52	(9.26)	49.33
CELU	3.24	(0.57)	0.00	(0.36)	0.00	0.00	10.29	(6.70)	23.07
KTTA	7.37	1.33	0.16	0.36	7.12	(11.22)	16.67	(12.50)	137.41

Delisting Warning - NLSP

NLSP Old was delisted

The entity NLSP Old with a symbol NLSP was delisted from NASDAQ Exchange. Please try NewcelX with a symbol NCEL from now on. Check all delisted instruments accross multiple markets.

NLSP Old Corporate Management

Sharon Keys	Head Affairs	Profile
Nicole CPA	Chief Officer	Profile
iur LLM	G Counsel	Profile
Chad MBA	Chief Officer	Profile
Elena ThyenPighin	Chief Officer	Profile

Still Interested in NLSP 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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2025 Macroaxis LLC