Falcon Oil Correlations

FAC Stock

EUR 0.15 0.01 7.14%

The current 90-days correlation between Falcon Oil Gas and tokentus investment AG is -0.46 (i.e., Very good diversification). The correlation of Falcon Oil 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.

Falcon Oil Correlation With Market

Very poor diversification

The correlation between Falcon Oil Gas and DJI is 0.8 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Falcon Oil Gas and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to Falcon Oil could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Falcon Oil when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Falcon Oil - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Falcon Oil Gas to buy it.

Moving together with Falcon Stock

0.9	TKDA	Takeda Pharmaceutical	Pair Corr
0.9	CLN	The City Earnings Call This Week	Pair Corr
0.69	5QG	NEW FOUND GOLD	Pair Corr
0.8	2HZ	Odyssean Investment Trust	Pair Corr
0.72	WMT	Walmart Earnings Call This Week	Pair Corr
0.71	WMT	Walmart Earnings Call This Week	Pair Corr
0.95	10N	Enter Air SA	Pair Corr
0.88	PAE	PACCAR	Pair Corr
0.93	SKNB	Skanska AB	Pair Corr
0.89	PYCP	Minera Alamos Split	Pair Corr
0.72	UTDI	UNITED INTERNET N	Pair Corr
0.91	BSI	BE Semiconductor Ind Earnings Call This Week	Pair Corr
0.72	LOR	LOral SA	Pair Corr
0.69	CVC1	Carnival plc	Pair Corr
0.89	HIUC	China Taiping Insurance	Pair Corr
0.8	3RB	RECKITT BENCK GRP	Pair Corr
0.93	SII	Wheaton Precious Metals	Pair Corr
0.81	RATV	Raisio plc	Pair Corr
0.89	TQI	TELECOM ITALIA	Pair Corr
0.92	485B	Amcor PLC Split	Pair Corr

Moving against Falcon Stock

0.71	14D	tokentus investment	Pair Corr
0.54	013A	JD Inc Adr	Pair Corr
0.49	013C	JD Inc	Pair Corr
0.45	R7I	RENEWABLES INFRASTRUCTURE	Pair Corr
0.58	777	EUROSPORTS GLOBAL LTD	Pair Corr
0.57	8LU	TAURUS ENERGY AB	Pair Corr
0.41	EFF	DTEFFWECHSEL BET Split	Pair Corr

Related Correlations Analysis

	GE9	CLN	14D	UF0	FNL	D9V	IUB	V5F1	NCYD	ENL
GE9		0.29	-0.2	0.31	0.52	0.54	0.46	0.03	0.43	0.12	GE9
CLN	0.29		-0.7	0.76	0.89	0.42	0.84	0.82	0.87	0.84	CLN
14D	-0.2	-0.7		-0.66	-0.67	-0.48	-0.63	-0.73	-0.55	-0.68	14D
UF0	0.31	0.76	-0.66		0.79	0.54	0.69	0.72	0.71	0.73	UF0
FNL	0.52	0.89	-0.67	0.79		0.55	0.89	0.7	0.89	0.72	FNL
D9V	0.54	0.42	-0.48	0.54	0.55		0.42	0.42	0.35	0.19	D9V
IUB	0.46	0.84	-0.63	0.69	0.89	0.42		0.57	0.91	0.69	IUB
V5F1	0.03	0.82	-0.73	0.72	0.7	0.42	0.57		0.58	0.84	V5F1
NCYD	0.43	0.87	-0.55	0.71	0.89	0.35	0.91	0.58		0.73	NCYD
ENL	0.12	0.84	-0.68	0.73	0.72	0.19	0.69	0.84	0.73		ENL
	GE9	CLN	14D	UF0	FNL	D9V	IUB	V5F1	NCYD	ENL

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

NCYD	+ 0.91	IUB
FNL	+ 0.89	CLN
IUB	+ 0.89	FNL
NCYD	+ 0.89	FNL
NCYD	+ 0.87	CLN
IUB	+ 0.84	CLN

High negative correlations

V5F1	- 0.73	14D
14D	- 0.7	CLN
ENL	- 0.68	14D
FNL	- 0.67	14D
UF0	- 0.66	14D
IUB	- 0.63	14D

Risk-Adjusted Indicators

There is a big difference between Falcon Stock performing well and Falcon Oil 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 Falcon Oil'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
GE9	1.61	0.03	(0.01)	0.20	1.95	(1.66)	4.48	(3.42)	9.60
CLN	1.02	0.22	0.10	(0.91)	1.03	(1.20)	2.97	(2.14)	6.98
14D	3.25	(0.25)	0.00	0.50	0.00	0.00	5.21	(9.09)	56.92
UF0	1.04	0.15	0.08	1.06	1.05	(1.24)	2.75	(1.60)	5.45
FNL	3.93	0.85	0.20	0.39	4.16	(4.46)	8.51	(7.65)	20.09
D9V	89.86	41.31	0.00	0.64	0.00	0.00	0.00	0.00	3,011
IUB	2.44	0.83	0.00	(1.70)	0.00	0.00	1.75	(1.69)	46.72
V5F1	3.24	0.74	0.15	(1.01)	3.09	(4.27)	10.32	(6.32)	20.24
NCYD	0.48	0.06	0.00	0.62	0.69	(0.86)	1.61	(1.12)	6.07
ENL	0.79	0.10	0.04	0.63	1.00	(0.84)	1.76	(1.87)	4.22

Be your own money manager

Our tools can tell you how much better you can do entering a position in Falcon Oil without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Alpha Finder Now

Alpha Finder

Use alpha and beta coefficients to find investment opportunities after accounting for the risk

All Next

Launch Module

Falcon Oil Corporate Management

Elected by the shareholders, the Falcon Oil's board of directors comprises two types of representatives: Falcon Oil inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Falcon. The board's role is to monitor Falcon Oil's management team and ensure that shareholders' interests are well served. Falcon Oil's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Falcon Oil's outside directors are responsible for providing unbiased perspectives on the board's policies.

BCom BComm	CEO Director	Profile
Bruce Lawrence	Corporate Secretary	Profile
Anne Flynn	CFO Director	Profile
Gabor Bada	Head Operations	Profile

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

2026 Macroaxis LLC