Four Leaf Correlations
FORL Stock | 11.19 0.03 0.27% |
The current 90-days correlation between Four Leaf Acquisition and Brandywine Realty Trust is -0.03 (i.e., Good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Four Leaf moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Four Leaf Acquisition moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Four Leaf Correlation With Market
Average diversification
The correlation between Four Leaf Acquisition and DJI is 0.15 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Four Leaf Acquisition and DJI in the same portfolio, assuming nothing else is changed.
Four |
Moving together with Four Stock
0.74 | AXP | American Express | PairCorr |
0.8 | C | Citigroup Earnings Call This Week | PairCorr |
0.81 | V | Visa Class A | PairCorr |
0.63 | BK | Bank of New York | PairCorr |
0.61 | CG | Carlyle Group Earnings Call This Week | PairCorr |
0.73 | DB | Deutsche Bank AG | PairCorr |
0.77 | GL | Globe Life Earnings Call This Week | PairCorr |
0.63 | GS | Goldman Sachs Group | PairCorr |
0.74 | LX | Lexinfintech Holdings Downward Rally | PairCorr |
0.61 | MA | Mastercard | PairCorr |
0.75 | RM | Regional Management Corp Earnings Call This Week | PairCorr |
Moving against Four Stock
0.56 | CB | Chubb | PairCorr |
0.44 | DHIL | Diamond Hill Investment | PairCorr |
0.43 | KB | KB Financial Group Earnings Call This Week | PairCorr |
0.32 | EG | Everest Group Earnings Call This Week | PairCorr |
0.32 | IX | Orix Corp Ads Earnings Call This Week | PairCorr |
0.79 | PSEC-PA | Prospect Capital Earnings Call This Week | PairCorr |
0.69 | WD | Walker Dunlop | PairCorr |
0.6 | VALU | Value Line | PairCorr |
0.58 | VABK | Virginia National | PairCorr |
0.58 | VBNK | VersaBank Normal Trading | PairCorr |
0.56 | XP | Xp Inc Normal Trading | PairCorr |
0.53 | WF | Woori Financial Group Earnings Call This Week | PairCorr |
0.53 | WU | Western Union Earnings Call This Week | PairCorr |
0.44 | NU | Nu Holdings Aggressive Push | PairCorr |
0.44 | WT | WISDOMTREE INC | PairCorr |
0.41 | VBTX | Veritex Holdings | 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 Four Stock performing well and Four Leaf 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 Four Leaf'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
BDN | 1.66 | 0.02 | (0.01) | 0.14 | 2.39 | 3.70 | 10.93 | |||
SHIHF | 0.14 | 0.05 | 0.00 | 0.66 | 0.00 | 0.00 | 4.76 | |||
COCO | 1.50 | 0.34 | 0.20 | 0.54 | 1.23 | 4.21 | 13.05 | |||
SNDL | 2.02 | (0.29) | 0.00 | (0.19) | 0.00 | 4.17 | 24.46 | |||
PRMB | 1.52 | 0.37 | 0.14 | (1.32) | 1.40 | 4.05 | 8.75 | |||
MITP | 0.19 | 0.02 | (0.24) | 1.76 | 0.17 | 0.48 | 1.20 | |||
TD | 0.75 | 0.01 | (0.04) | 0.13 | 1.44 | 1.34 | 8.27 | |||
EWBC | 1.37 | 0.07 | 0.01 | 0.21 | 1.68 | 3.04 | 14.74 |