CF Acquisition Correlations

CFFSU Stock

USD 11.07 0.00 0.00%

The correlation of CF 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. If the correlation is 0, the equities are not correlated; they are entirely random.

CF Acquisition Correlation With Market

Good diversification

The correlation between CF Acquisition VII and DJI is -0.13 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding CF Acquisition VII 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 CF Acquisition VII. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Moving together with CFFSU Stock

0.79	BN	Brookfield Corp	Pair Corr
0.64	BX	Blackstone Group Fiscal Year End 23rd of January 2025	Pair Corr
0.82	CG	Carlyle Group	Pair Corr
0.79	APO	Apollo Global Management	Pair Corr
0.73	AXP	American Express Fiscal Year End 24th of January 2025	Pair Corr
0.77	BAM	Brookfield Asset Man	Pair Corr
0.82	BLK	BlackRock Fiscal Year End 10th of January 2025	Pair Corr
0.72	KKR	KKR Co LP Normal Trading	Pair Corr
0.84	OWL	Blue Owl Capital	Pair Corr
0.76	MAIN	Main Street Capital	Pair Corr
0.8	ARCC	Ares Capital	Pair Corr
0.82	ARES	Ares Management LP	Pair Corr
0.65	TROW	T Rowe Price	Pair Corr
0.62	C	Citigroup Aggressive Push	Pair Corr
0.7	AB	AllianceBernstein	Pair Corr
0.83	AC	Associated Capital	Pair Corr
0.79	BK	Bank of New York Fiscal Year End 10th of January 2025	Pair Corr
0.68	CM	Canadian Imperial Bank Earnings Call Next Week	Pair Corr
0.67	DB	Deutsche Bank AG	Pair Corr
0.9	LX	Lexinfintech Holdings Trending	Pair Corr
0.72	MA	Mastercard	Pair Corr

Moving against CFFSU Stock

0.83	IX	Orix Corp Ads	Pair Corr
0.67	XP	Xp Inc Downward Rally	Pair Corr
0.62	PT	Pintec Technology	Pair Corr
0.62	RM	Regional Management Corp	Pair Corr
0.5	WU	Western Union	Pair Corr
0.47	TD	Toronto Dominion Bank Earnings Call Next Week	Pair Corr
0.32	HG	Hamilton Insurance Group,	Pair Corr

Related Correlations Analysis

	PLAOU	AAVXF	IPSHX	MSTSX	ID	SCAXF	KNF	CIRAX	SEIC	GSHD
PLAOU		0.0	0.38	0.39	0.46	-0.12	0.57	0.12	0.51	0.5	PLAOU
AAVXF	0.0		0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	AAVXF
IPSHX	0.38	0.0		0.56	0.86	-0.65	0.87	0.15	0.93	0.9	IPSHX
MSTSX	0.39	0.0	0.56		0.46	-0.02	0.67	0.82	0.42	0.33	MSTSX
ID	0.46	0.0	0.86	0.46		-0.67	0.83	0.11	0.81	0.83	ID
SCAXF	-0.12	0.0	-0.65	-0.02	-0.67		-0.46	0.35	-0.63	-0.68	SCAXF
KNF	0.57	0.0	0.87	0.67	0.83	-0.46		0.33	0.86	0.83	KNF
CIRAX	0.12	0.0	0.15	0.82	0.11	0.35	0.33		-0.05	-0.13	CIRAX
SEIC	0.51	0.0	0.93	0.42	0.81	-0.63	0.86	-0.05		0.98	SEIC
GSHD	0.5	0.0	0.9	0.33	0.83	-0.68	0.83	-0.13	0.98		GSHD
	PLAOU	AAVXF	IPSHX	MSTSX	ID	SCAXF	KNF	CIRAX	SEIC	GSHD

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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

GSHD	+ 0.98	SEIC
SEIC	+ 0.93	IPSHX
GSHD	+ 0.9	IPSHX
KNF	+ 0.87	IPSHX
ID	+ 0.86	IPSHX
SEIC	+ 0.86	KNF

High negative correlations

GSHD	- 0.68	SCAXF
SCAXF	- 0.67	ID
SCAXF	- 0.65	IPSHX
SEIC	- 0.63	SCAXF
KNF	- 0.46	SCAXF
GSHD	- 0.13	CIRAX

Risk-Adjusted Indicators

There is a big difference between CFFSU Stock performing well and CF 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 CF 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
PLAOU	0.15	0.02	0.00	(0.07)	0.00	0.00	0.00	0.00	6.70
AAVXF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
IPSHX	0.55	0.03	0.02	0.15	0.45	(0.68)	1.13	(0.98)	3.97
MSTSX	0.49	(0.04)	(0.13)	0.06	0.52	(0.61)	1.21	(1.02)	2.80
ID	3.77	0.53	0.10	0.68	4.01	(5.10)	7.69	(6.67)	20.54
SCAXF	0.70	(0.41)	0.00	(0.98)	0.00	0.00	0.00	0.00	23.47
KNF	1.55	0.21	0.13	0.23	1.90	(1.62)	2.77	(2.46)	12.78
CIRAX	0.34	(0.05)	(0.26)	0.00	0.43	(0.34)	0.66	(0.82)	1.81
SEIC	0.81	0.21	0.19	0.37	0.57	(0.95)	1.57	(1.56)	7.23
GSHD	1.67	0.61	0.41	1.00	0.83	(2.15)	5.06	(2.22)	14.35

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