Inception Growth Correlations

IGTAW Stock

USD 0.07 0.01 8.85%

The current 90-days correlation between Inception Growth Acq and Accretion Acquisition Corp is 0.01 (i.e., Significant diversification). The correlation of Inception Growth 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.

Inception Growth Correlation With Market

Significant diversification

The correlation between Inception Growth Acquisition and DJI is 0.06 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Inception Growth Acquisition and DJI in the same portfolio, assuming nothing else is changed.

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Inception Growth Acquisition. 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 against Inception Stock

0.48	DYCQ	DT Cloud Acquisition	Pair Corr
0.39	MA	Mastercard	Pair Corr
0.57	EVGR	Evergreen Corp	Pair Corr
0.55	WAVS	Western Acquisition	Pair Corr
0.55	ANSCW	Agriculture Natural	Pair Corr
0.51	ESHA	ESH Acquisition Corp	Pair Corr
0.51	WAVSU	Western Acquisition	Pair Corr
0.42	DISTR	Distoken Acquisition	Pair Corr
0.57	SCM	Stellus Capital Inve	Pair Corr
0.49	GAIN	Gladstone Investment	Pair Corr

Related Correlations Analysis

	ENERW	INTEW	FEXDW	HHGCW	DHACW
ENERW		0.31	0.03	0.14	-0.43	ENERW
INTEW	0.31		0.19	0.29	-0.54	INTEW
FEXDW	0.03	0.19		0.54	-0.13	FEXDW
HHGCW	0.14	0.29	0.54		-0.39	HHGCW
DHACW	-0.43	-0.54	-0.13	-0.39		DHACW
	ENERW	INTEW	FEXDW	HHGCW	DHACW

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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

HHGCW	+ 0.54	FEXDW
INTEW	+ 0.31	ENERW
HHGCW	+ 0.29	INTEW
FEXDW	+ 0.19	INTEW
HHGCW	+ 0.14	ENERW
FEXDW	+ 0.03	ENERW

High negative correlations

DHACW	- 0.54	INTEW
DHACW	- 0.43	ENERW
DHACW	- 0.39	HHGCW
DHACW	- 0.13	FEXDW

Risk-Adjusted Indicators

There is a big difference between Inception Stock performing well and Inception Growth 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 Inception Growth'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
ENERW	15.30	0.95	0.07	0.27	15.48	(21.64)	40.00	(33.11)	132.34
INTEW	12.91	(1.66)	0.00	3.49	0.00	0.00	36.36	(37.30)	93.75
FEXDW	10.23	0.19	0.03	0.15	14.94	(16.99)	35.29	(33.33)	107.58
HHGCW	25.94	3.27	0.09	(6.93)	25.26	(38.59)	58.00	(52.46)	322.24
DHACW	13.49	2.46	0.14	1.26	13.43	(19.74)	25.00	(21.98)	152.50

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