LongFin Corp Correlations
| LFIN Stock | USD 0.0001 0.00 0.00% |
A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as LongFin Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if LongFin Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
LongFin Corp Correlation With Market
Very good diversification
The correlation between LongFin Corp and DJI is -0.44 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding LongFin Corp and DJI in the same portfolio, assuming nothing else is changed.
Moving against LongFin Stock
| 0.62 | PUTKY | United Tractors Tbk | PairCorr |
| 0.56 | PTAIY | Astra International Tbk | PairCorr |
| 0.51 | PHJMF | PT Hanjaya Mandala | PairCorr |
| 0.49 | IVVD | Invivyd Buyout Trend | PairCorr |
| 0.74 | OMC | Omnicom Group | PairCorr |
| 0.49 | BNKHF | BOC Hong Kong | PairCorr |
| 0.47 | FIBK | First Interstate Ban | PairCorr |
| 0.39 | JUPGF | Jupiter Gold | PairCorr |
| 0.37 | SCAGW | Scage Future Warrants | PairCorr |
| 0.36 | GGLDF | Getchell Gold Corp | PairCorr |
| 0.33 | SECVY | Seche Environnement | PairCorr |
| 0.31 | NSRPF | Novo Resources Corp | PairCorr |
Related Correlations Analysis
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 LongFin Stock performing well and LongFin Corp 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 LongFin Corp'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| STIXF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| RKFL | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| DUSYF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| AMWK | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| CNWT | 5.97 | 3.21 | 0.00 | (1.35) | 0.00 | 0.00 | 200.00 | |||
| EFOT | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| RDVWF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| STMDF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| LIQDQ | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| ALIF | 2.98 | 1.87 | 0.00 | (0.34) | 0.00 | 0.00 | 100.00 |