Fifth Wall Correlations

Summary

FWACDelisted Stock

USD 11.82 0.09 0.76%

The current 90-days correlation between Fifth Wall Acquisition and FG Merger Corp is -0.16 (i.e., Good diversification). The correlation of Fifth Wall 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.

Fifth Wall Correlation With Market

Good diversification

The correlation between Fifth Wall Acquisition and DJI is -0.05 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Fifth Wall Acquisition and DJI in the same portfolio, assuming nothing else is changed.

Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Moving together with Fifth Stock

0.81	SSNLF	Samsung Electronics	Pair Corr
0.79	PTAIF	PT Astra International	Pair Corr
0.82	AA	Alcoa Corp Fiscal Year End 15th of January 2025	Pair Corr
0.76	HD	Home Depot Sell-off Trend	Pair Corr
0.74	CVX	Chevron Corp Sell-off Trend	Pair Corr
0.7	BAC	Bank of America Aggressive Push	Pair Corr
0.67	DIS	Walt Disney Aggressive Push	Pair Corr
0.81	CSCO	Cisco Systems Aggressive Push	Pair Corr
0.61	XOM	Exxon Mobil Corp Sell-off Trend	Pair Corr
0.73	CAT	Caterpillar Fiscal Year End 3rd of February 2025	Pair Corr
0.79	WMT	Walmart Aggressive Push	Pair Corr
0.7	HPQ	HP Inc	Pair Corr
0.64	JPM	JPMorgan Chase Sell-off Trend	Pair Corr
0.66	TRV	The Travelers Companies Fiscal Year End 17th of January 2025	Pair Corr

Moving against Fifth Stock

0.74	BKRKY	Bank Rakyat	Pair Corr
0.72	BKRKF	PT Bank Rakyat	Pair Corr
0.72	MRK	Merck Company Fiscal Year End 6th of February 2025	Pair Corr
0.66	TLK	Telkom Indonesia Tbk	Pair Corr
0.65	PPERF	Bank Mandiri Persero	Pair Corr
0.64	PPERY	Bank Mandiri Persero	Pair Corr
0.52	BA	Boeing Fiscal Year End 29th of January 2025	Pair Corr
0.43	PBCRY	Bank Central Asia	Pair Corr
0.32	PBCRF	PT Bank Central	Pair Corr

Related Correlations Analysis

	FGMC	RENEU	ADER	CNGL	KWACW	DHAC	LCAA	GFOR	BWAC
FGMC		0.0	0.5	-0.26	0.27	0.36	0.68	0.62	0.61	FGMC
RENEU	0.0		0.0	0.0	0.0	0.0	0.0	0.0	0.0	RENEU
ADER	0.5	0.0		-0.21	0.15	0.33	0.72	0.71	0.6	ADER
CNGL	-0.26	0.0	-0.21		0.15	-0.43	-0.3	-0.48	-0.09	CNGL
KWACW	0.27	0.0	0.15	0.15		0.07	0.36	0.28	0.47	KWACW
DHAC	0.36	0.0	0.33	-0.43	0.07		0.6	0.45	0.42	DHAC
LCAA	0.68	0.0	0.72	-0.3	0.36	0.6		0.83	0.9	LCAA
GFOR	0.62	0.0	0.71	-0.48	0.28	0.45	0.83		0.74	GFOR
BWAC	0.61	0.0	0.6	-0.09	0.47	0.42	0.9	0.74		BWAC
	FGMC	RENEU	ADER	CNGL	KWACW	DHAC	LCAA	GFOR	BWAC

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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

BWAC	+ 0.9	LCAA
GFOR	+ 0.83	LCAA
BWAC	+ 0.74	GFOR
LCAA	+ 0.72	ADER
GFOR	+ 0.71	ADER
LCAA	+ 0.68	FGMC

High negative correlations

GFOR	- 0.48	CNGL
DHAC	- 0.43	CNGL
LCAA	- 0.3	CNGL
CNGL	- 0.26	FGMC
CNGL	- 0.21	ADER
BWAC	- 0.09	CNGL

Risk-Adjusted Indicators

There is a big difference between Fifth Stock performing well and Fifth Wall 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 Fifth Wall'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
FGMC	0.29	0.01	(0.07)	0.44	0.75	(0.46)	0.47	(0.38)	5.85
RENEU	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
ADER	0.42	0.13	0.01	(1.92)	0.00	(0.75)	1.20	(0.56)	3.30
CNGL	0.39	0.05	(0.05)	2.45	0.58	(1.13)	1.18	(0.57)	4.82
KWACW	54.10	20.55	0.47	(2.04)	29.83	(98.40)	161.33	(62.22)	749.43
DHAC	3.71	0.20	0.02	0.78	4.64	(6.36)	11.52	(8.60)	39.15
LCAA	0.10	0.03	(0.54)	(1.11)	0.00	(0.17)	0.29	(0.10)	0.68
GFOR	0.21	0.02	(0.21)	(3.75)	0.22	(0.32)	0.39	(0.38)	3.89
BWAC	0.13	0.01	(0.36)	(0.34)	0.07	(0.23)	0.28	(0.37)	1.02

View Fifth Wall Related Equities

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Risk & Return

Correlation

Still Interested in Fifth Wall Acquisition?

Investing in delisted delisted stocks can be risky, as the stock 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.

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