Bleichroeder Acquisition Correlations

BACQU Stock

9.99 0.01 0.10%

The current 90-days correlation between Bleichroeder Acquisition and dMY Squared Technology is -0.06 (i.e., Good diversification). The correlation of Bleichroeder 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.

Bleichroeder Acquisition Correlation With Market

Significant diversification

The correlation between Bleichroeder Acquisition Corp and DJI is 0.06 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Bleichroeder Acquisition Corp and DJI in the same portfolio, assuming nothing else is changed.

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bleichroeder 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 producer price index.

Moving together with Bleichroeder Stock

0.65

DPCS

DP Cap Acquisition

Pair Corr

Moving against Bleichroeder Stock

0.35	FIAC	Focus Impact Acquisition Symbol Change	Pair Corr
0.43	GHIX	Gores Holdings IX	Pair Corr

Related Correlations Analysis

	DMYY	YHNAR	YHNAU	DPCS	PWUPU	PWUPW
DMYY		0.25	0.06	0.13	-0.1	-0.04	DMYY
YHNAR	0.25		-0.02	0.2	0.03	0.04	YHNAR
YHNAU	0.06	-0.02		0.43	-0.47	-0.49	YHNAU
DPCS	0.13	0.2	0.43		-0.22	-0.36	DPCS
PWUPU	-0.1	0.03	-0.47	-0.22		0.33	PWUPU
PWUPW	-0.04	0.04	-0.49	-0.36	0.33		PWUPW
	DMYY	YHNAR	YHNAU	DPCS	PWUPU	PWUPW

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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

DPCS	+ 0.43	YHNAU
PWUPW	+ 0.33	PWUPU
YHNAR	+ 0.25	DMYY
DPCS	+ 0.2	YHNAR
DPCS	+ 0.13	DMYY
YHNAU	+ 0.06	DMYY

High negative correlations

PWUPW	- 0.49	YHNAU
PWUPU	- 0.47	YHNAU
PWUPW	- 0.36	DPCS
PWUPU	- 0.22	DPCS
PWUPU	- 0.1	DMYY
PWUPW	- 0.04	DMYY

Risk-Adjusted Indicators

There is a big difference between Bleichroeder Stock performing well and Bleichroeder 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 Bleichroeder 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
DMYY	0.22	0.00	(0.21)	0.18	0.26	(0.63)	0.66	(0.75)	2.93
YHNAR	4.50	(0.71)	0.00	(1.03)	0.00	0.00	18.18	(8.33)	26.52
YHNAU	0.08	0.01	(0.44)	0.70	0.00	(0.17)	0.20	(0.10)	0.89
DPCS	0.61	0.17	0.01	(1.55)	0.75	(1.71)	0.70	(0.55)	17.65
PWUPU	2.32	0.05	0.00	0.21	3.69	(5.24)	7.12	(10.96)	28.56
PWUPW	18.72	2.30	0.12	0.85	16.39	(32.02)	44.20	(30.29)	176.45

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