BurTech Acquisition Correlations

BRKH Stock

USD 11.41 0.01 0.09%

The current 90-days correlation between BurTech Acquisition Corp and CF Acquisition VII is 0.23 (i.e., Modest diversification). The correlation of BurTech Acquisition 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.

BurTech Acquisition Correlation With Market

Significant diversification

The correlation between BurTech Acquisition Corp and DJI is 0.06 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding BurTech Acquisition Corp and DJI in the same portfolio, assuming nothing else is changed.

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BurTech Acquisition Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.

Moving together with BurTech Stock

0.69	V	Visa Class A	Pair Corr
0.81	DIST	Distoken Acquisition	Pair Corr
0.8	AB	AllianceBernstein	Pair Corr
0.88	AC	Associated Capital	Pair Corr
0.84	BN	Brookfield Corp	Pair Corr
0.86	BX	Blackstone Group Normal Trading	Pair Corr
0.92	CG	Carlyle Group	Pair Corr
0.74	GS	Goldman Sachs Group Fiscal Year End 21st of January 2025	Pair Corr
0.79	LC	LendingClub Corp	Pair Corr
0.83	LX	Lexinfintech Holdings	Pair Corr
0.89	MA	Mastercard	Pair Corr
0.88	MS	Morgan Stanley Sell-off Trend	Pair Corr
0.81	PX	P10 Inc	Pair Corr
0.87	QD	Qudian Inc	Pair Corr
0.89	SF	Stifel Financial Earnings Call This Week	Pair Corr
0.85	TW	Tradeweb Markets Normal Trading	Pair Corr
0.69	WT	WisdomTree	Pair Corr
0.87	VCTR	Victory Capital Holdings Sell-off Trend	Pair Corr
0.71	VIRT	Virtu Financial Normal Trading	Pair Corr
0.87	DYCQ	DT Cloud Acquisition	Pair Corr
0.73	VRTS	Virtus Investment	Pair Corr

Moving against BurTech Stock

0.65	PT	Pintec Technology	Pair Corr
0.8	XP	Xp Inc	Pair Corr
0.75	RM	Regional Management Corp	Pair Corr
0.69	WU	Western Union	Pair Corr
0.41	DMYY	dMY Squared Technology	Pair Corr
0.79	BRKHU	BurTech Acquisition Corp	Pair Corr
0.74	BRACU	Broad Capital Acquisition	Pair Corr
0.59	BRKHW	BurTech Acquisition Corp	Pair Corr
0.46	PFTAU	Portage Fintech Acqu	Pair Corr

Related Correlations Analysis

	DMAQ	ACAC	IVCPU	CFFS	CLAYU	VBOCU	LVAC	PFTA	CLRC	DHAC
DMAQ		0.42	0.68	0.63	0.77	0.35	0.4	0.24	0.73	0.57	DMAQ
ACAC	0.42		0.4	0.52	0.25	0.23	0.25	0.07	0.46	0.23	ACAC
IVCPU	0.68	0.4		0.45	0.55	0.27	0.38	0.18	0.53	0.77	IVCPU
CFFS	0.63	0.52	0.45		0.62	0.44	0.77	0.07	0.8	0.35	CFFS
CLAYU	0.77	0.25	0.55	0.62		0.24	0.57	0.14	0.77	0.41	CLAYU
VBOCU	0.35	0.23	0.27	0.44	0.24		0.47	0.11	0.45	0.37	VBOCU
LVAC	0.4	0.25	0.38	0.77	0.57	0.47		0.06	0.73	0.23	LVAC
PFTA	0.24	0.07	0.18	0.07	0.14	0.11	0.06		0.18	0.09	PFTA
CLRC	0.73	0.46	0.53	0.8	0.77	0.45	0.73	0.18		0.34	CLRC
DHAC	0.57	0.23	0.77	0.35	0.41	0.37	0.23	0.09	0.34		DHAC
	DMAQ	ACAC	IVCPU	CFFS	CLAYU	VBOCU	LVAC	PFTA	CLRC	DHAC

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Risk-Adjusted Indicators

There is a big difference between BurTech Stock performing well and BurTech Acquisition 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 BurTech Acquisition'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
DMAQ	0.95	0.17	0.01	(0.80)	1.14	(1.80)	3.19	(1.79)	13.78
ACAC	2.20	0.13	(0.01)	(0.07)	3.84	(3.68)	12.07	(10.16)	30.82
IVCPU	0.08	(0.01)	0.00	1.34	0.00	0.00	0.00	0.00	4.12
CFFS	0.09	0.00	(0.45)	0.47	0.00	(0.30)	0.45	(0.27)	0.99
CLAYU	0.38	0.16	0.00	1.00	0.00	0.00	1.43	0.00	4.14
VBOCU	0.36	0.01	(0.08)	1.04	0.53	(0.87)	1.33	(1.41)	5.07
LVAC	0.07	0.00	(0.53)	0.26	0.00	(0.18)	0.19	(0.10)	0.87
PFTA	1.29	(0.01)	(0.03)	0.10	1.96	(2.00)	4.08	(3.74)	17.35
CLRC	0.02	0.00	0.00	(0.28)	0.00	0.00	0.00	0.00	0.43
DHAC	3.71	0.38	0.02	(0.19)	4.64	(6.36)	11.52	(8.60)	39.15

BurTech Acquisition Corporate Management

Shahal Khan	Chairman CEO	Profile
Roman Livson	Chief Officer	Profile
Payel Farasat	Chief Officer	Profile
Christopher Schroeder	Chief Officer	Profile

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