YHN Acquisition Correlations

YHNAU Stock

10.47 0.03 0.29%

The current 90-days correlation between YHN Acquisition I and Voyager Acquisition Corp is 0.06 (i.e., Significant diversification). The correlation of YHN 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.

YHN Acquisition Correlation With Market

Significant diversification

The correlation between YHN Acquisition I and DJI is 0.01 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding YHN Acquisition I and DJI in the same portfolio, assuming nothing else is changed.

Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in YHN Acquisition I. 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 YHN Stock

0.78

GDSTU

Goldenstone Acquisition

Pair Corr

Moving against YHN Stock

0.37	GATE	Marblegate Acquisition	Pair Corr
0.37	GLLI	Globalink Investment	Pair Corr
0.34	AOGOU	Arogo Capital Acquisition	Pair Corr
0.31	GODN	Golden Star Acquisition	Pair Corr

Related Correlations Analysis

	VACH	YHNAR	NOEMU	VCIC	DYNX	BRACR
VACH		-0.5	0.39	0.65	-0.27	0.26	VACH
YHNAR	-0.5		-0.2	-0.66	0.34	-0.06	YHNAR
NOEMU	0.39	-0.2		0.22	-0.12	0.4	NOEMU
VCIC	0.65	-0.66	0.22		-0.34	0.19	VCIC
DYNX	-0.27	0.34	-0.12	-0.34		-0.01	DYNX
BRACR	0.26	-0.06	0.4	0.19	-0.01		BRACR
	VACH	YHNAR	NOEMU	VCIC	DYNX	BRACR

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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

VCIC	+ 0.65	VACH
BRACR	+ 0.4	NOEMU
NOEMU	+ 0.39	VACH
DYNX	+ 0.34	YHNAR
BRACR	+ 0.26	VACH
VCIC	+ 0.22	NOEMU

High negative correlations

VCIC	- 0.66	YHNAR
YHNAR	- 0.5	VACH
DYNX	- 0.34	VCIC
DYNX	- 0.27	VACH
NOEMU	- 0.2	YHNAR
DYNX	- 0.12	NOEMU

Risk-Adjusted Indicators

There is a big difference between YHN Stock performing well and YHN 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 YHN 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
VACH	0.12	0.00	(0.32)	0.64	0.13	(0.19)	0.30	(0.40)	1.09
YHNAR	10.48	5.58	0.00	7.21	0.00	0.00	48.00	(8.33)	56.25
NOEMU	0.25	0.03	(0.05)	(0.57)	0.42	(0.46)	0.50	(0.30)	5.83
VCIC	0.06	0.00	(0.54)	(1.80)	0.00	(0.16)	0.20	(0.10)	0.50
DYNX	6.41	0.62	0.05	0.58	7.66	(9.77)	31.22	(17.70)	62.88
BRACR	6.55	0.62	0.03	(0.23)	8.31	(14.90)	18.18	(15.38)	54.51

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