Breeze Holdings Correlations
| BREZDelisted Stock | USD 11.30 0.24 2.08% |
The current 90-days correlation between Breeze Holdings Acqu and Tradeup Acquisition Corp is 0.14 (i.e., Average diversification). The correlation of Breeze Holdings 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.
Breeze Holdings Correlation With Market
Significant diversification
The correlation between Breeze Holdings Acquisition and DJI is 0.04 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Breeze Holdings Acquisition and DJI in the same portfolio, assuming nothing else is changed.
Breeze |
Moving together with Breeze Stock
| 0.78 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.82 | DIS | Walt Disney Sell-off Trend | PairCorr |
| 0.74 | JPM | JPMorgan Chase Sell-off Trend | PairCorr |
| 0.69 | TRV | The Travelers Companies Fiscal Year End 17th of January 2025 | PairCorr |
| 0.89 | WMT | Walmart Aggressive Push | PairCorr |
| 0.76 | BAC | Bank of America Aggressive Push | PairCorr |
| 0.69 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
Moving against Breeze Stock
| 0.62 | PKX | POSCO Holdings | PairCorr |
| 0.62 | PFE | Pfizer Inc Aggressive Push | PairCorr |
| 0.6 | KO | Coca Cola Aggressive Push | PairCorr |
| 0.49 | EC | Ecopetrol SA ADR Sell-off Trend | PairCorr |
| 0.34 | PTAIY | Astra International Tbk | PairCorr |
| 0.34 | BA | Boeing Fiscal Year End 29th of January 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 Breeze Stock performing well and Breeze Holdings 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 Breeze Holdings' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| UPTD | 0.52 | 0.02 | (0.09) | 0.02 | 0.84 | 1.31 | 6.57 | |||
| LGVC | 0.37 | 0.01 | (0.09) | (0.21) | 0.73 | 0.67 | 9.80 | |||
| CPAA | 0.07 | 0.00 | (0.93) | 0.17 | 0.00 | 0.20 | 0.30 | |||
| ITAQ | 0.18 | 0.02 | (0.27) | 2.80 | 0.11 | 0.67 | 2.30 | |||
| DTOC | 0.14 | 0.03 | (0.20) | (3.47) | 0.00 | 0.58 | 1.65 | |||
| QOMO | 0.64 | 0.00 | (0.04) | 0.28 | 1.22 | 1.93 | 14.99 | |||
| PPHP | 0.14 | 0.05 | (0.14) | (0.21) | 0.11 | 0.47 | 3.06 | |||
| FTIIU | 0.15 | (0.01) | 0.00 | (0.03) | 0.00 | 0.00 | 8.71 | |||
| RWOD | 8.16 | (1.41) | 0.00 | 1.39 | 0.00 | 19.10 | 44.76 |
Breeze Holdings Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Breeze Holdings stock to make a market-neutral strategy. Peer analysis of Breeze Holdings could also be used in its relative valuation, which is a method of valuing Breeze Holdings by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Still Interested in Breeze Holdings 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.