Focus Impact Correlations
FIACDelisted Stock | USD 1.06 1.41 57.09% |
The current 90-days correlation between Focus Impact Acquisition and ClimateRock Class A is -0.05 (i.e., Good diversification). The correlation of Focus Impact 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.
Focus Impact Correlation With Market
Good diversification
The correlation between Focus Impact Acquisition and DJI is -0.04 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Focus Impact Acquisition and DJI in the same portfolio, assuming nothing else is changed.
Focus |
The ability to find closely correlated positions to Focus Impact could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Focus Impact 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 Focus Impact - 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 Focus Impact Acquisition to buy it.
Moving against Focus Pink Sheet
0.84 | ROCLW | Roth CH Acquisition | PairCorr |
0.78 | DIST | Distoken Acquisition | PairCorr |
0.71 | DSAQ | Direct Selling Acqui | PairCorr |
0.61 | DPCS | DP Cap Acquisition | PairCorr |
0.55 | DUET | DUET Acquisition Corp | PairCorr |
0.47 | DYCQ | DT Cloud Acquisition | PairCorr |
0.38 | VSAC | Vision Sensing Acqui | PairCorr |
0.73 | FHLT | Future Health Esg | PairCorr |
0.68 | EMCG | Embrace Change Acqui | PairCorr |
0.6 | ANSCW | Agriculture Natural | PairCorr |
0.54 | WAVSU | Western Acquisition | PairCorr |
0.53 | ESHA | ESH Acquisition Corp | PairCorr |
0.5 | FRLAU | Fortune Rise Acquisition | PairCorr |
0.49 | OCAXW | OCA Acquisition Corp | PairCorr |
0.44 | EVGR | Evergreen Corp | PairCorr |
0.42 | WTMA | Welsbach Technology | PairCorr |
0.39 | DISTR | Distoken Acquisition | PairCorr |
0.36 | WAVS | Western Acquisition | PairCorr |
0.36 | FRLAW | Fortune Rise Acquisition | PairCorr |
0.31 | GDSTR | Goldenstone Acquisition | PairCorr |
Related Correlations Analysis
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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
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Risk-Adjusted Indicators
There is a big difference between Focus Pink Sheet performing well and Focus Impact 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 Focus Impact'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
CLRC | 0.03 | 0.00 | 0.00 | 0.46 | 0.00 | 0.00 | 0.43 | |||
AVHI | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
ATMV | 0.04 | 0.01 | 0.00 | (1.10) | 0.00 | 0.09 | 0.27 | |||
USCT | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
GODNU | 0.80 | 0.10 | 0.00 | (0.77) | 1.39 | 4.13 | 15.08 | |||
OCAX | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
PFTA | 81.85 | 39.42 | 1.04 | (3.34) | 20.44 | 6.44 | 1,100 | |||
IVCPU | 0.07 | 0.01 | 0.00 | 0.01 | 0.00 | 0.00 | 4.13 | |||
FORLU | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Delisting Warning - FIAC
Focus Impact Acquisition was delisted
The entity Focus Impact Acquisition with a symbol FIAC was delisted from PINK Exchange. Please try DevvStream Corp Common with a symbol DEVS from now on. Check all delisted instruments accross multiple markets. |
Still Interested in Focus Impact Acquisition?
Investing in delisted pink sheets can be risky, as the pink sheet 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.