HNR Acquisition Correlations
| HNRADelisted Stock | USD 1.07 0.36 25.17% |
The correlation of HNR Acquisition 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.
HNR Acquisition Correlation With Market
Good diversification
The correlation between HNR Acquisition Corp 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 HNR Acquisition Corp and DJI in the same portfolio, assuming nothing else is changed.
HNR |
Moving together with HNR Stock
| 0.81 | QLGN | Qualigen Therapeutics Trending | PairCorr |
| 0.66 | SGD | Safe and Green | PairCorr |
| 0.79 | JNJ | Johnson Johnson Sell-off Trend | PairCorr |
| 0.89 | KO | Coca Cola Aggressive Push | PairCorr |
Moving against HNR Stock
| 0.83 | DIS | Walt Disney | PairCorr |
| 0.83 | JPM | JPMorgan Chase Fiscal Year End 10th of January 2025 | PairCorr |
| 0.76 | WMT | Walmart Aggressive Push | PairCorr |
| 0.67 | CSCO | Cisco Systems Aggressive Push | PairCorr |
| 0.65 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.65 | TRV | The Travelers Companies Fiscal Year End 17th of January 2025 | PairCorr |
| 0.54 | INTC | Intel Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.44 | HPQ | HP Inc | PairCorr |
| 0.36 | BRK-A | Berkshire Hathaway | PairCorr |
| 0.31 | AHT | Ashford Hospitality Trust | 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 HNR Stock performing well and HNR Acquisition 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 HNR Acquisition'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| OCAX | 0.31 | 0.01 | (0.14) | 0.46 | 0.42 | 0.82 | 3.26 | |||
| DPCS | 0.61 | 0.20 | 0.02 | (0.55) | 0.75 | 0.70 | 17.65 | |||
| ENTF | 0.09 | 0.02 | 0.00 | 0.90 | 0.00 | 0.28 | 1.60 | |||
| ASCB | 0.07 | (0.04) | 0.00 | (6.88) | 0.00 | 0.00 | 1.88 | |||
| ATEK | 1.06 | 0.12 | (0.03) | (0.08) | 1.91 | 2.30 | 18.27 | |||
| KYCHU | 0.63 | 0.14 | 0.01 | 1.83 | 0.65 | 1.65 | 7.42 | |||
| THCPU | 0.20 | 0.10 | 0.00 | (0.87) | 0.00 | 0.00 | 6.57 | |||
| CNDB | 0.03 | (0.01) | 0.00 | (1.15) | 0.00 | 0.10 | 0.38 | |||
| WTMAU | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Delisting Warning - HNRA
HNR Acquisition Corp was delisted
| The entity HNR Acquisition Corp with a symbol HNRA was delisted from NYSE MKT Exchange. Please try EON Resources with a symbol EONR from now on. Check all delisted instruments accross multiple markets. |
HNR Acquisition Corporate Management
| Mark Williams | VP Controller | Profile | |
| Mitchell Trotter | Chief Officer | Profile | |
| Jesse Allen | Vice Operation | Profile | |
| Donald Goree | Chairman CEO | Profile | |
| David Esq | General Officer | Profile | |
| Donald Orr | Pres Director | Profile |
Still Interested in HNR Acquisition Corp?
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.