Accretion Acquisition Correlations
ENERDelisted Stock | USD 10.42 0.02 0.19% |
The current 90-days correlation between Accretion Acquisition and Forum Merger IV is 0.09 (i.e., Significant diversification). The correlation of Accretion 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.
Accretion |
Moving together with Accretion Stock
0.79 | MBFJF | Mitsubishi UFJ Financial | PairCorr |
0.72 | JPHLF | Japan Post Holdings | PairCorr |
0.88 | MZHOF | Mizuho Financial | PairCorr |
0.84 | PYPL | PayPal Holdings | PairCorr |
0.78 | JPM | JPMorgan Chase Fiscal Year End 10th of January 2025 | PairCorr |
0.84 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
0.79 | BAC | Bank of America Fiscal Year End 10th of January 2025 | PairCorr |
0.88 | T | ATT Inc Earnings Call This Week | PairCorr |
0.79 | CSCO | Cisco Systems | PairCorr |
Moving against Accretion Stock
0.85 | PPERY | Bank Mandiri Persero | PairCorr |
0.83 | BKRKY | Bank Rakyat | PairCorr |
0.82 | PFE | Pfizer Inc Aggressive Push | PairCorr |
0.8 | PPERF | Bank Mandiri Persero | PairCorr |
0.77 | PTBRY | Bank Negara Indonesia | PairCorr |
0.72 | PBCRY | Bank Central Asia | PairCorr |
0.68 | DD | Dupont De Nemours Fiscal Year End 4th of February 2025 | PairCorr |
0.68 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
0.65 | BKRKF | PT Bank Rakyat | PairCorr |
0.51 | XOM | Exxon Mobil Corp Fiscal Year End 7th of February 2025 | PairCorr |
0.45 | MMM | 3M Company Fiscal Year End 28th of January 2025 | PairCorr |
0.38 | INTC | Intel Fiscal Year End 23rd of January 2025 | PairCorr |
0.38 | VZ | Verizon Communications Sell-off Trend | PairCorr |
0.38 | MCD | McDonalds Fiscal Year End 3rd of February 2025 | PairCorr |
Related Correlations Analysis
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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
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Risk-Adjusted Indicators
There is a big difference between Accretion Stock performing well and Accretion 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 Accretion 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 | ||
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FMIV | 0.11 | 0.02 | (0.01) | (0.27) | 0.00 | 0.49 | 1.17 | |||
PTWOU | 3.93 | 0.07 | 0.00 | (0.22) | 6.62 | 14.07 | 52.21 | |||
WTMA | 0.31 | 0.12 | 0.18 | (6.27) | 0.00 | 0.73 | 6.67 | |||
BRACU | 0.05 | (0.02) | 0.00 | (5.94) | 0.00 | 0.00 | 2.11 | |||
GFGD | 0.09 | 0.02 | (0.01) | 0.51 | 0.00 | 0.19 | 0.97 | |||
HCMAW | 32.51 | 8.03 | 0.26 | (3.04) | 25.42 | 104.12 | 254.05 | |||
AOAO | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
ATAQF | 690.00 | 406.20 | 6.42 | (20.47) | 112.48 | 900.00 | 9,999 |
Accretion Acquisition 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 Accretion Acquisition stock to make a market-neutral strategy. Peer analysis of Accretion Acquisition could also be used in its relative valuation, which is a method of valuing Accretion Acquisition by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Accretion Acquisition Corporate Management
Brad Morse | CEO Director | Profile | |
Ryan Sullivan | VP Sec | Profile | |
Daniel Silverman | COO Director | Profile | |
Grant Farn | Chief Officer | Profile |
Still Interested in Accretion Acquisition Corp?
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.