Falcons Beyond Correlations
| FBYDW Stock | 1.00 0.02 1.96% |
The current 90-days correlation between Falcons Beyond Global, and Lindblad Expeditions Holdings is -0.04 (i.e., Good diversification). The correlation of Falcons Beyond 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.
Falcons Beyond Correlation With Market
Very good diversification
The correlation between Falcons Beyond Global, and DJI is -0.21 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Falcons Beyond Global, and DJI in the same portfolio, assuming nothing else is changed.
Falcons |
Moving against Falcons Stock
| 0.48 | R | Ryder System | PairCorr |
| 0.45 | ALSN | Allison Transmission | PairCorr |
| 0.43 | AL | Air Lease | PairCorr |
| 0.39 | G | Genpact Limited | PairCorr |
| 0.39 | BV | BrightView Holdings | PairCorr |
| 0.37 | BR | Broadridge Financial | PairCorr |
| 0.34 | VSTE | Vast Renewables Buyout Trend | PairCorr |
| 0.34 | AZ | A2Z Smart Technologies | PairCorr |
| 0.33 | FSTR | LB Foster | PairCorr |
| 0.47 | CR | Crane Company | PairCorr |
| 0.44 | LZ | LegalZoom | PairCorr |
| 0.43 | PH | Parker Hannifin Sell-off Trend | PairCorr |
| 0.4 | SQ | Block Inc | PairCorr |
| 0.37 | CW | Curtiss Wright | PairCorr |
| 0.36 | PL | Planet Labs PBC | PairCorr |
| 0.34 | HI | Hillenbrand | PairCorr |
| 0.33 | OC | Owens Corning | PairCorr |
| 0.32 | NX | Quanex Building Products Fiscal Year End 12th of December 2024 | PairCorr |
| 0.31 | KC | Kingsoft Cloud Holdings Trending | PairCorr |
Related Correlations Analysis
| 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
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Risk-Adjusted Indicators
There is a big difference between Falcons Stock performing well and Falcons Beyond 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 Falcons Beyond'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| LIND | 2.82 | 0.31 | 0.20 | 0.23 | 2.18 | 4.92 | 29.57 | |||
| HOFT | 2.37 | 0.17 | 0.10 | 0.20 | 2.44 | 6.16 | 11.82 | |||
| WAVS | 1.07 | 0.11 | (0.02) | (0.21) | 1.54 | 3.35 | 12.07 | |||
| GTCDF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| CRSR | 2.49 | (0.03) | 0.04 | 0.11 | 2.68 | 5.25 | 13.00 | |||
| ASO | 1.61 | (0.27) | 0.00 | (0.72) | 0.00 | 3.99 | 9.63 | |||
| GOLD | 1.49 | (0.19) | 0.00 | (0.38) | 0.00 | 2.85 | 9.58 | |||
| GZITF | 0.84 | 0.37 | 0.00 | 0.97 | 0.00 | 0.00 | 26.67 |
Falcons Beyond Corporate Management
| Daryl White | Executive Development | Profile | |
| Yvette Whittaker | Chief Officer | Profile | |
| Toni Caracciolo | Executive Branding | Profile | |
| David Schaefer | Chief Officer | Profile | |
| Crystal Fahmie | Vice Capital | Profile |