RF Acquisition Correlations

RFAC Stock

USD 11.46 0.00 0.00%

The correlation of RF 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.

RF Acquisition Correlation With Market

Good diversification

The correlation between RF Acquisition Corp 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 RF Acquisition Corp and DJI in the same portfolio, assuming nothing else is changed.

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RF Acquisition Corp. 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 together with RFAC Stock

0.9	V	Visa Class A	Pair Corr
0.88	DIST	Distoken Acquisition	Pair Corr
0.75	MA	Mastercard	Pair Corr
0.61	DYCQ	DT Cloud Acquisition	Pair Corr
0.64	ROCLW	Roth CH Acquisition	Pair Corr
0.75	EMCG	Embrace Change Acqui	Pair Corr
0.7	ESHA	ESH Acquisition Corp	Pair Corr
0.65	WTMA	Welsbach Technology	Pair Corr
0.65	WAVSU	Western Acquisition	Pair Corr
0.73	FDUS	Fidus Investment Corp	Pair Corr

Moving against RFAC Stock

0.55	EARN	Ellington Residential	Pair Corr
0.45	PWUPW	PowerUp Acquisition Corp	Pair Corr
0.45	PFTAW	Portage Fintech Acqu	Pair Corr
0.41	BRACU	Broad Capital Acquisition	Pair Corr
0.37	RC	Ready Capital Corp	Pair Corr
0.36	PWUPU	PowerUp Acquisition Corp	Pair Corr
0.32	PFTAU	Portage Fintech Acqu	Pair Corr
0.64	BRKHU	BurTech Acquisition Corp	Pair Corr
0.5	BRKHW	BurTech Acquisition Corp	Pair Corr
0.9	TGAAU	Target Global Acquisition	Pair Corr
0.84	TWO	Two Harbors Investments	Pair Corr

Related Correlations Analysis

	MCACU	QOMOU	ACBA	AFAR	APNCW	AVNY	ATAQF	AOAO
MCACU		-0.12	-0.03	0.08	0.0	0.0	-0.2	0.0	MCACU
QOMOU	-0.12		-0.84	-0.69	0.0	0.0	0.05	0.0	QOMOU
ACBA	-0.03	-0.84		0.69	0.0	0.0	0.04	0.0	ACBA
AFAR	0.08	-0.69	0.69		0.0	0.0	-0.06	0.0	AFAR
APNCW	0.0	0.0	0.0	0.0		0.0	0.0	0.0	APNCW
AVNY	0.0	0.0	0.0	0.0	0.0		0.0	-1.0	AVNY
ATAQF	-0.2	0.05	0.04	-0.06	0.0	0.0		0.0	ATAQF
AOAO	0.0	0.0	0.0	0.0	0.0	-1.0	0.0		AOAO
	MCACU	QOMOU	ACBA	AFAR	APNCW	AVNY	ATAQF	AOAO

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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

AFAR	+ 0.69	ACBA
AFAR	+ 0.08	MCACU
ATAQF	+ 0.05	QOMOU
ATAQF	+ 0.04	ACBA
APNCW	+ 0.0	MCACU
AVNY	+ 0.0	MCACU

High negative correlations

AOAO	- 1.0	AVNY
ACBA	- 0.84	QOMOU
AFAR	- 0.69	QOMOU
ATAQF	- 0.2	MCACU
QOMOU	- 0.12	MCACU
ATAQF	- 0.06	AFAR

Risk-Adjusted Indicators

There is a big difference between RFAC Stock performing well and RF 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 RF 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
MCACU	1.02	(0.50)	0.00	(1.57)	0.00	0.00	0.00	0.00	8.29
QOMOU	0.47	(0.07)	0.00	0.37	0.00	0.00	0.00	(2.14)	11.92
ACBA	0.22	0.04	(0.15)	0.91	0.00	(0.39)	0.81	(0.45)	1.90
AFAR	0.37	0.05	0.00	(0.52)	0.00	0.00	1.23	(0.09)	10.20
APNCW	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
AVNY	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
ATAQF	690.00	394.78	6.42	4.27	112.48	(1,109)	900.00	(96.00)	9,999
AOAO	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

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