Fathom Digital Correlations
| FATHDelisted Stock | USD 0.46 0.05 12.20% |
The current 90-days correlation between Fathom Digital Manuf and Nutriband is -0.22 (i.e., Very good diversification). The correlation of Fathom Digital 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.
Fathom Digital Correlation With Market
Good diversification
The correlation between Fathom Digital Manufacturing and DJI is -0.11 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Fathom Digital Manufacturing and DJI in the same portfolio, assuming nothing else is changed.
Fathom |
Moving against Fathom Stock
| 0.73 | CAT | Caterpillar Fiscal Year End 3rd of February 2025 | PairCorr |
| 0.73 | DD | Dupont De Nemours Fiscal Year End 4th of February 2025 | PairCorr |
| 0.71 | IBM | International Business Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.71 | HPQ | HP Inc Fiscal Year End 19th of November 2024 | PairCorr |
| 0.69 | ACN | Accenture plc | PairCorr |
| 0.66 | MCD | McDonalds Fiscal Year End 3rd of February 2025 | PairCorr |
| 0.64 | GE | GE Aerospace Fiscal Year End 28th of January 2025 | PairCorr |
| 0.64 | XOM | Exxon Mobil Corp Aggressive Push | PairCorr |
| 0.63 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
| 0.63 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.58 | HNHPF | Hon Hai Precision Earnings Call This Week | PairCorr |
| 0.57 | DIS | Walt Disney Earnings Call This Week | PairCorr |
| 0.57 | CVX | Chevron Corp Fiscal Year End 7th of February 2025 | PairCorr |
| 0.54 | WMT | Walmart Aggressive Push | PairCorr |
| 0.48 | BAC | Bank of America Aggressive Push | PairCorr |
| 0.47 | T | ATT Inc Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.43 | TRV | The Travelers Companies Fiscal Year End 17th of January 2025 | PairCorr |
| 0.34 | AMZN | Amazon Inc Aggressive Push | PairCorr |
Related Correlations Analysis
| 0.64 | -0.1 | -0.34 | -0.15 | SHPW | ||
| 0.64 | -0.09 | -0.37 | -0.23 | NTRB | ||
| -0.1 | -0.09 | 0.25 | -0.31 | ISPO | ||
| -0.34 | -0.37 | 0.25 | 0.57 | ANGH | ||
| -0.15 | -0.23 | -0.31 | 0.57 | KORE | ||
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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
| High negative correlations
|
Risk-Adjusted Indicators
There is a big difference between Fathom Stock performing well and Fathom Digital 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 Fathom Digital'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SHPW | 34.67 | 11.94 | 0.00 | 1.23 | 0.00 | 100.00 | 980.00 | |||
| NTRB | 5.08 | 0.11 | 0.02 | 0.27 | 6.05 | 11.41 | 33.94 | |||
| ISPO | 3.96 | (0.09) | (0.02) | 0.08 | 4.43 | 7.09 | 51.05 | |||
| ANGH | 2.32 | (0.31) | 0.00 | (0.20) | 0.00 | 6.02 | 15.85 | |||
| KORE | 3.86 | (0.71) | 0.00 | 2.62 | 0.00 | 7.01 | 29.82 |
Fathom Digital Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Fathom Digital stock to make a market-neutral strategy. Peer analysis of Fathom Digital could also be used in its relative valuation, which is a method of valuing Fathom Digital by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Fathom Digital Corporate Management
| Peter Leemputte | Director | Profile | |
| David Fisher | Director | Profile | |
| Doug Beaton | Chief Officer | Profile | |
| Robert Nardelli | Director | Profile | |
| Kurt Bork | Vice Marketing | Profile |
Still Interested in Fathom Digital Manufacturing?
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.