JV SPAC Correlations

JVSAR Stock

0.36 0.03 9.09%

The current 90-days correlation between JV SPAC Acquisition and Catalyst Metals Limited is -0.23 (i.e., Very good diversification). The correlation of JV SPAC 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.

JV SPAC Correlation With Market

Very good diversification

The correlation between JV SPAC Acquisition and DJI is -0.28 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding JV SPAC 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. 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 JVSAR Stock

0.7	DYCQ	DT Cloud Acquisition	Pair Corr
0.69	VMCA	Valuence Merger Corp	Pair Corr
0.67	ANSCU	Agriculture Natural	Pair Corr
0.65	VCIC	Vine Hill Capital	Pair Corr
0.64	DTSQ	DT Cloud Star	Pair Corr
0.61	PWUPW	PowerUp Acquisition Corp	Pair Corr
0.61	EURK	Eureka Acquisition Corp	Pair Corr
0.6	EMCGU	Embrace Change Acqui	Pair Corr
0.58	VACH	Voyager Acquisition Corp	Pair Corr
0.58	BACQU	Bleichroeder Acquisition	Pair Corr
0.58	EVGR	Evergreen Corp	Pair Corr
0.55	EMCG	Embrace Change Acqui	Pair Corr
0.5	YHNAU	YHN Acquisition I	Pair Corr
0.5	ANSCW	Agriculture Natural	Pair Corr
0.45	DMYY	dMY Squared Technology	Pair Corr
0.36	DISTR	Distoken Acquisition	Pair Corr
0.69	AAM	AA Mission Acquisition	Pair Corr
0.67	FORL	Four Leaf Acquisition	Pair Corr
0.66	GBBK	Global Blockchain	Pair Corr
0.63	ALF	Centurion Acquisition	Pair Corr
0.62	EQV	EQV Ventures Acquisition	Pair Corr
0.61	GIG	GigCapital7 Corp Class	Pair Corr
0.58	CUB	Lionheart Holdings	Pair Corr
0.57	FSHP	Flag Ship Acquisition	Pair Corr
0.55	FACT	FACT II Acquisition	Pair Corr
0.55	GDST	Goldenstone Acquisition	Pair Corr
0.52	KVACW	Keen Vision Acquisition	Pair Corr
0.41	GDSTU	Goldenstone Acquisition	Pair Corr
0.38	AQU	Aquaron Acquisition Corp	Pair Corr
0.37	BSIIU	Black Spade Acquisition	Pair Corr
0.33	FSHPU	Flag Ship Acquisition	Pair Corr

Related Correlations Analysis

	CTYMF	TSRYF	UEC	RBMTF	OTLY	ALMMF	VDKB	BDN
CTYMF		-0.26	-0.23	0.0	-0.01	0.44	0.16	-0.39	CTYMF
TSRYF	-0.26		0.19	0.0	0.33	0.48	-0.69	-0.32	TSRYF
UEC	-0.23	0.19		0.0	0.32	0.2	-0.14	0.4	UEC
RBMTF	0.0	0.0	0.0		0.0	0.0	0.0	0.0	RBMTF
OTLY	-0.01	0.33	0.32	0.0		0.42	-0.57	0.05	OTLY
ALMMF	0.44	0.48	0.2	0.0	0.42		-0.31	-0.38	ALMMF
VDKB	0.16	-0.69	-0.14	0.0	-0.57	-0.31		0.1	VDKB
BDN	-0.39	-0.32	0.4	0.0	0.05	-0.38	0.1		BDN
	CTYMF	TSRYF	UEC	RBMTF	OTLY	ALMMF	VDKB	BDN

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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

ALMMF	+ 0.48	TSRYF
ALMMF	+ 0.44	CTYMF
ALMMF	+ 0.42	OTLY
BDN	+ 0.4	UEC
OTLY	+ 0.33	TSRYF
OTLY	+ 0.32	UEC

High negative correlations

VDKB	- 0.69	TSRYF
VDKB	- 0.57	OTLY
BDN	- 0.39	CTYMF
BDN	- 0.38	ALMMF
BDN	- 0.32	TSRYF
VDKB	- 0.31	ALMMF

Risk-Adjusted Indicators

There is a big difference between JVSAR Stock performing well and JV SPAC 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 JV SPAC'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
CTYMF	3.44	0.37	0.03	(0.54)	4.44	(5.48)	9.89	(6.95)	26.21
TSRYF	0.92	(0.24)	0.00	2.10	0.00	0.00	0.68	(3.40)	15.42
UEC	2.98	(0.11)	0.00	(0.12)	0.00	0.00	5.98	(5.34)	25.64
RBMTF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
OTLY	3.51	(0.50)	0.00	(0.74)	0.00	0.00	7.55	(6.45)	30.62
ALMMF	3.21	(0.11)	0.00	0.49	0.00	0.00	8.62	(8.57)	25.55
VDKB	1.53	0.58	0.00	2.93	0.00	0.00	0.00	0.00	28.42
BDN	1.63	(0.04)	(0.03)	0.02	2.42	(1.56)	3.70	(3.14)	10.93

JV SPAC 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 JV SPAC stock to make a market-neutral strategy. Peer analysis of JV SPAC could also be used in its relative valuation, which is a method of valuing JV SPAC by comparing valuation metrics with similar companies.

Catalyst Metals Limited Treasury Wine Estates Uranium Energy Corp Rambler Metals and Oatly Group AB Aluminum of Vodka Brands Corp Brandywine Realty Trust American Airlines Group Alcoa Corp Apple Inc Best Buy Co Citigroup SentinelOne CVS Health Corp

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