ROC Energy Correlations
| ROCDelisted Stock | USD 5.09 1.89 27.08% |
The current 90-days correlation between ROC Energy Acquisition and Genesis Growth Tech is 0.09 (i.e., Significant diversification). The correlation of ROC Energy 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.
ROC Energy Correlation With Market
Good diversification
The correlation between ROC Energy Acquisition and DJI is -0.02 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding ROC Energy Acquisition and DJI in the same portfolio, assuming nothing else is changed.
ROC |
Moving together with ROC Stock
| 0.69 | LCID | Lucid Group Aggressive Push | PairCorr |
| 0.84 | JNJ | Johnson Johnson Sell-off Trend | PairCorr |
Moving against ROC Stock
| 0.93 | FNMA | Federal National Mortgage Potential Growth | PairCorr |
| 0.85 | SOFI | SoFi Technologies Aggressive Push | PairCorr |
| 0.78 | AMZN | Amazon Inc Aggressive Push | PairCorr |
| 0.78 | BMYMP | Bristol Myers Squibb | PairCorr |
| 0.67 | GOOG | Alphabet Class C | PairCorr |
| 0.58 | NVDA | NVIDIA | PairCorr |
| 0.37 | HD | Home Depot | PairCorr |
| 0.86 | BAC | Bank of America Aggressive Push | PairCorr |
| 0.84 | DIS | Walt Disney Aggressive Push | PairCorr |
| 0.76 | WMT | Walmart Aggressive Push | PairCorr |
| 0.73 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.68 | CSCO | Cisco Systems Aggressive Push | PairCorr |
| 0.64 | INTC | Intel Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.62 | TRV | The Travelers Companies Fiscal Year End 17th of January 2025 | PairCorr |
| 0.52 | HPQ | HP Inc | PairCorr |
| 0.36 | XOM | Exxon Mobil Corp Fiscal Year End 7th of February 2025 | PairCorr |
| 0.35 | CAT | Caterpillar Fiscal Year End 3rd of February 2025 | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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 ROC Stock performing well and ROC Energy 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 ROC Energy'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| GGAA | 3.49 | 1.59 | 0.42 | (1.02) | 1.91 | 7.08 | 81.26 | |||
| MEOA | 4.18 | 2.25 | 0.00 | (2.30) | 0.00 | 0.81 | 140.18 | |||
| ROCG | 0.36 | (0.06) | 0.00 | 0.78 | 0.00 | 0.48 | 8.48 | |||
| FATP | 0.34 | (0.02) | 0.00 | 0.54 | 0.00 | 0.83 | 2.71 | |||
| CREC | 1.23 | 0.09 | (0.01) | (0.88) | 1.97 | 3.77 | 14.89 | |||
| JWAC | 6.92 | (0.04) | 0.00 | 0.07 | 13.27 | 29.88 | 94.90 | |||
| FGMC | 0.29 | 0.03 | (0.07) | (0.19) | 0.75 | 0.47 | 5.85 | |||
| UPTD | 0.52 | 0.01 | (0.08) | 0.04 | 0.84 | 1.31 | 6.57 | |||
| LGVC | 0.37 | (0.01) | (0.09) | 0.04 | 0.73 | 0.67 | 9.80 | |||
| CPAA | 0.07 | 0.00 | (0.86) | 0.21 | 0.00 | 0.20 | 0.30 |
View ROC Energy Related Equities
| Risk & Return | Correlation |
Still Interested in ROC Energy Acquisition?
Investing in delisted delisted stocks can be risky, as the stock is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.