Tristar Acquisition Correlations

Summary

The current 90-days correlation between Tristar Acquisition and Direct Selling Acquisition is -0.14 (i.e., Good diversification). The correlation of Tristar 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. If the correlation is 0, the equities are not correlated; they are entirely random.

Tristar Acquisition Correlation With Market

Average diversification

The correlation between Tristar Acquisition I and DJI is 0.14 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Tristar Acquisition I and DJI in the same portfolio, assuming nothing else is changed.

Check out World Market Map 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 gross domestic product.

Moving against Tristar Stock

0.65	WMT	Walmart Aggressive Push	Pair Corr
0.6	DIS	Walt Disney Sell-off Trend	Pair Corr
0.55	PG	Procter Gamble Sell-off Trend	Pair Corr
0.54	AXP	American Express Fiscal Year End 24th of January 2025	Pair Corr
0.51	BAC	Bank of America Aggressive Push	Pair Corr
0.49	JPM	JPMorgan Chase Sell-off Trend	Pair Corr
0.4	TRV	The Travelers Companies Fiscal Year End 17th of January 2025	Pair Corr
0.38	AA	Alcoa Corp Fiscal Year End 15th of January 2025	Pair Corr
0.33	VZ	Verizon Communications Sell-off Trend	Pair Corr

Related Correlations Analysis

	DSAQ	PACI	CHAA	GSRMU	PLTNU	AACIU	ENGA	PRBM	CSTA
DSAQ		0.88	-0.41	-0.55	0.6	-0.03	-0.86	0.53	0.92	DSAQ
PACI	0.88		-0.57	-0.41	0.69	0.03	-0.86	0.6	0.9	PACI
CHAA	-0.41	-0.57		0.46	-0.89	0.29	0.37	-0.36	-0.45	CHAA
GSRMU	-0.55	-0.41	0.46		-0.58	0.23	0.23	-0.01	-0.46	GSRMU
PLTNU	0.6	0.69	-0.89	-0.58		-0.18	-0.5	0.47	0.58	PLTNU
AACIU	-0.03	0.03	0.29	0.23	-0.18		-0.09	0.05	-0.07	AACIU
ENGA	-0.86	-0.86	0.37	0.23	-0.5	-0.09		-0.52	-0.85	ENGA
PRBM	0.53	0.6	-0.36	-0.01	0.47	0.05	-0.52		0.46	PRBM
CSTA	0.92	0.9	-0.45	-0.46	0.58	-0.07	-0.85	0.46		CSTA
	DSAQ	PACI	CHAA	GSRMU	PLTNU	AACIU	ENGA	PRBM	CSTA

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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

CSTA	+ 0.92	DSAQ
CSTA	+ 0.9	PACI
PACI	+ 0.88	DSAQ
PLTNU	+ 0.69	PACI
PLTNU	+ 0.6	DSAQ
PRBM	+ 0.6	PACI

High negative correlations

PLTNU	- 0.89	CHAA
ENGA	- 0.86	PACI
ENGA	- 0.86	DSAQ
CSTA	- 0.85	ENGA
PLTNU	- 0.58	GSRMU
CHAA	- 0.57	PACI

Risk-Adjusted Indicators

There is a big difference between Tristar Stock performing well and Tristar 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 Tristar 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
DSAQ	0.09	0.03	(0.64)	(1.89)	0.00	(0.29)	0.38	(0.09)	0.94
PACI	0.09	0.02	(0.62)	(0.41)	0.00	(0.19)	0.29	(0.19)	0.76
CHAA	3.67	(0.37)	0.00	(0.04)	0.00	0.00	7.23	(12.69)	62.25
GSRMU	2.41	(1.04)	0.00	0.97	0.00	0.00	0.00	(5.64)	50.53
PLTNU	0.12	0.02	(0.28)	2.27	0.00	(0.53)	0.29	(0.28)	2.28
AACIU	0.92	(0.09)	0.00	(0.10)	0.00	0.00	4.19	(4.43)	19.47
ENGA	7.89	(0.59)	0.00	(0.49)	0.00	0.00	21.43	(23.08)	89.66
PRBM	0.30	0.02	(0.18)	0.00	0.47	(0.47)	0.89	(0.69)	3.85
CSTA	0.20	0.05	(0.12)	1.05	0.03	(0.41)	0.58	(0.19)	3.00

View Tristar Acquisition Related Equities

Direct Selling Acquisition Proof Acquisition I Catcha Investment Corp GSR II Meteora Plutonian Acquisition Corp Armada Acquisition Corp Engage Mobility Parabellum Acquisition Corp Constellation Acquisition Corp OCA Acquisition Corp DP Cap Acquisition Enterprise 40 Technology A SPAC II Athena Technology Acquisition Concord Acquisition Corp

Risk & Return

Correlation

Tristar Acquisition Corporate Management

William II	Chairman CEO	Profile
CathyAnn MartineDolecki	COO Director	Profile
Xiaoma Lu	Chief Officer	Profile
Timothy Dawson	Chief Officer	Profile
Ri Yuan	Chief Officer	Profile

Still Interested in Tristar Acquisition I?

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