Correlation Between Stack Capital and Roth CH
Can any of the company-specific risk be diversified away by investing in both Stack Capital and Roth CH at the same time? Although using a correlation coefficient on its own may not help to predict future stock returns, this module helps to understand the diversifiable risk of combining Stack Capital and Roth CH into the same portfolio, which is an essential part of the fundamental portfolio management process.
By analyzing existing cross correlation between Stack Capital Group and Roth CH Acquisition, you can compare the effects of market volatilities on Stack Capital and Roth CH and check how they will diversify away market risk if combined in the same portfolio for a given time horizon. You can also utilize pair trading strategies of matching a long position in Stack Capital with a short position of Roth CH. Check out your portfolio center. Please also check ongoing floating volatility patterns of Stack Capital and Roth CH.
Diversification Opportunities for Stack Capital and Roth CH
0.39 | Correlation Coefficient |
Weak diversification
The 3 months correlation between Stack and Roth is 0.39. Overlapping area represents the amount of risk that can be diversified away by holding Stack Capital Group and Roth CH Acquisition in the same portfolio, assuming nothing else is changed. The correlation between historical prices or returns on Roth CH Acquisition and Stack Capital is a relative statistical measure of the degree to which these equity instruments tend to move together. The correlation coefficient measures the extent to which returns on Stack Capital Group are associated (or correlated) with Roth CH. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of Roth CH Acquisition has no effect on the direction of Stack Capital i.e., Stack Capital and Roth CH go up and down completely randomly.
Pair Corralation between Stack Capital and Roth CH
Assuming the 90 days horizon Stack Capital Group is expected to generate 0.21 times more return on investment than Roth CH. However, Stack Capital Group is 4.68 times less risky than Roth CH. It trades about 0.22 of its potential returns per unit of risk. Roth CH Acquisition is currently generating about 0.0 per unit of risk. If you would invest 889.00 in Stack Capital Group on November 8, 2025 and sell it today you would earn a total of 469.00 from holding Stack Capital Group or generate 52.76% return on investment over 90 days.
| Time Period | 3 Months [change] |
| Direction | Moves Together |
| Strength | Very Weak |
| Accuracy | 47.54% |
| Values | Daily Returns |
Stack Capital Group vs. Roth CH Acquisition
Performance |
| Timeline |
| Stack Capital Group |
| Roth CH Acquisition |
Risk-Adjusted Performance
Weakest
Weak | Strong |
Stack Capital and Roth CH Volatility Contrast
Predicted Return Density |
| Returns |
Pair Trading with Stack Capital and Roth CH
The main advantage of trading using opposite Stack Capital and Roth CH positions is that it hedges away some unsystematic risk. Because of two separate transactions, even if Stack Capital position performs unexpectedly, Roth CH can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Roth CH will offset losses from the drop in Roth CH's long position.| Stack Capital vs. VietNam Holding Limited | Stack Capital vs. Agronomics Limited | Stack Capital vs. Bank Utica Ny | Stack Capital vs. First Acceptance Corp |
| Roth CH vs. Legacy Ventures International | Roth CH vs. Marblegate Capital | Roth CH vs. Saxon Capital Group | Roth CH vs. Goal Acquisitions Corp |
Check out your portfolio center.Note that this page's information should be used as a complementary analysis to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
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