Investcorp Europe Correlations
| IVCBW Stock | USD 0.02 0 12.99% |
The current 90-days correlation between Investcorp Europe and Innovative International Acquisition is -0.22 (i.e., Very good diversification). The correlation of Investcorp Europe 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.
Investcorp Europe Correlation With Market
Good diversification
The correlation between Investcorp Europe Acquisition and DJI is -0.09 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Investcorp Europe Acquisition and DJI in the same portfolio, assuming nothing else is changed.
Investcorp |
Moving together with Investcorp Stock
Moving against Investcorp Stock
| 0.92 | CG | Carlyle Group | PairCorr |
| 0.91 | OWL | Blue Owl Capital | PairCorr |
| 0.91 | AC | Associated Capital | PairCorr |
| 0.9 | BLK | BlackRock Fiscal Year End 10th of January 2025 | PairCorr |
| 0.89 | BK | Bank of New York Fiscal Year End 10th of January 2025 | PairCorr |
| 0.88 | ARES | Ares Management LP | PairCorr |
| 0.86 | BAM | Brookfield Asset Man | PairCorr |
| 0.86 | ARCC | Ares Capital | PairCorr |
| 0.85 | APO | Apollo Global Management | PairCorr |
| 0.84 | MAIN | Main Street Capital | PairCorr |
| 0.83 | BN | Brookfield Corp | PairCorr |
| 0.83 | AB | AllianceBernstein | PairCorr |
| 0.8 | KKR | KKR Co LP Normal Trading | PairCorr |
| 0.79 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.77 | TROW | T Rowe Price | PairCorr |
| 0.76 | BX | Blackstone Group Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.76 | CM | Canadian Imperial Bank Earnings Call Next Week | PairCorr |
| 0.73 | C | Citigroup Aggressive Push | PairCorr |
| 0.66 | BEN | Franklin Resources | PairCorr |
| 0.61 | DB | Deutsche Bank AG | PairCorr |
| 0.55 | V | Visa Class A | PairCorr |
| 0.44 | AX | Axos Financial | PairCorr |
| 0.41 | DHIL | Diamond Hill Investment | PairCorr |
| 0.41 | BY | Byline Bancorp Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.38 | CNNE | Cannae Holdings | PairCorr |
| 0.37 | L | Loews Corp | PairCorr |
| 0.35 | ROCL | Roth CH Acquisition | PairCorr |
| 0.88 | VALU | Value Line | PairCorr |
| 0.87 | LX | Lexinfintech Holdings Trending | PairCorr |
| 0.87 | TW | Tradeweb Markets | PairCorr |
| 0.84 | MA | Mastercard | PairCorr |
| 0.83 | SF | Stifel Financial Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.82 | MS | Morgan Stanley Sell-off Trend | PairCorr |
| 0.82 | QD | Qudian Inc | PairCorr |
| 0.72 | LC | LendingClub Corp | PairCorr |
| 0.68 | KB | KB Financial Group | PairCorr |
| 0.68 | PX | P10 Inc | PairCorr |
Related Correlations Analysis
| 0.54 | -0.09 | -0.19 | 0.08 | IOACW | ||
| 0.54 | -0.41 | -0.43 | 0.03 | JGGCW | ||
| -0.09 | -0.41 | 0.52 | 0.16 | IVCPW | ||
| -0.19 | -0.43 | 0.52 | -0.04 | BIOSW | ||
| 0.08 | 0.03 | 0.16 | -0.04 | MPRAW | ||
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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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Investcorp Stock performing well and Investcorp Europe 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 Investcorp Europe'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| IOACW | 11.97 | 1.71 | 0.10 | 32.74 | 11.60 | 36.99 | 94.72 | |||
| JGGCW | 18.11 | 3.54 | 0.11 | (1.34) | 19.84 | 44.55 | 185.39 | |||
| IVCPW | 11.31 | 1.15 | 0.09 | 0.31 | 11.66 | 30.40 | 108.61 | |||
| BIOSW | 7.20 | 1.74 | 0.10 | (0.56) | 7.43 | 20.00 | 64.60 | |||
| MPRAW | 20.35 | 3.93 | 0.13 | (0.89) | 21.51 | 68.35 | 133.45 |
Investcorp Europe Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Investcorp Europe stock to make a market-neutral strategy. Peer analysis of Investcorp Europe could also be used in its relative valuation, which is a method of valuing Investcorp Europe by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |