ESAC Old Correlations

Summary

ESACDelisted Stock

USD 10.95 0.01 0.09%

The current 90-days correlation between ESAC Old and INSIGHT ACQUISITION P is -0.08 (i.e., Good diversification). The correlation of ESAC Old 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.

ESAC Old Correlation With Market

Significant diversification

The correlation between ESAC Old and DJI is 0.05 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding ESAC Old and DJI in the same portfolio, assuming nothing else is changed.

Check out Investing Opportunities to better understand how to build diversified portfolios. 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 ESAC Stock

0.61	T	ATT Inc Earnings Call Tomorrow	Pair Corr
0.67	BA	Boeing Earnings Call Next Week	Pair Corr
0.9	WMT	Walmart	Pair Corr
0.74	DIS	Walt Disney	Pair Corr

Moving against ESAC Stock

0.75	XOM	Exxon Mobil Corp Fiscal Year End 7th of February 2025	Pair Corr
0.71	KO	Coca Cola Sell-off Trend	Pair Corr
0.68	HPQ	HP Inc	Pair Corr
0.52	MRK	Merck Company Fiscal Year End 6th of February 2025	Pair Corr
0.52	MCD	McDonalds Fiscal Year End 3rd of February 2025	Pair Corr
0.41	VZ	Verizon Communications Fiscal Year End 28th of January 2025	Pair Corr
0.37	CAT	Caterpillar Fiscal Year End 3rd of February 2025	Pair Corr

Related Correlations Analysis

	KWACW	INAQ	KWAC	CLRC	OLIT	MCAF	NOVV	SHUA	LGVC	PWUP
KWACW		-0.1	0.0	0.46	0.44	0.58	0.33	0.44	0.25	-0.26	KWACW
INAQ	-0.1		0.31	-0.26	-0.2	-0.17	-0.03	-0.23	-0.43	0.05	INAQ
KWAC	0.0	0.31		-0.3	-0.5	-0.31	-0.19	-0.49	0.02	0.11	KWAC
CLRC	0.46	-0.26	-0.3		0.83	0.84	0.51	0.89	0.17	-0.39	CLRC
OLIT	0.44	-0.2	-0.5	0.83		0.89	0.62	0.87	0.01	-0.44	OLIT
MCAF	0.58	-0.17	-0.31	0.84	0.89		0.61	0.85	0.11	-0.47	MCAF
NOVV	0.33	-0.03	-0.19	0.51	0.62	0.61		0.55	0.04	-0.65	NOVV
SHUA	0.44	-0.23	-0.49	0.89	0.87	0.85	0.55		0.06	-0.41	SHUA
LGVC	0.25	-0.43	0.02	0.17	0.01	0.11	0.04	0.06		-0.08	LGVC
PWUP	-0.26	0.05	0.11	-0.39	-0.44	-0.47	-0.65	-0.41	-0.08		PWUP
	KWACW	INAQ	KWAC	CLRC	OLIT	MCAF	NOVV	SHUA	LGVC	PWUP

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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

SHUA	+ 0.89	CLRC
MCAF	+ 0.89	OLIT
SHUA	+ 0.87	OLIT
SHUA	+ 0.85	MCAF
MCAF	+ 0.84	CLRC
OLIT	+ 0.83	CLRC

High negative correlations

PWUP	- 0.65	NOVV
OLIT	- 0.5	KWAC
SHUA	- 0.49	KWAC
PWUP	- 0.47	MCAF
PWUP	- 0.44	OLIT
LGVC	- 0.43	INAQ

Risk-Adjusted Indicators

There is a big difference between ESAC Stock performing well and ESAC Old 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 ESAC Old'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
KWACW	52.22	19.73	0.46	(1.96)	29.55	(110.93)	155.77	(64.91)	749.43
INAQ	3.56	(0.04)	0.00	0.06	0.00	0.00	10.31	(15.98)	38.96
KWAC	0.74	0.38	0.00	(2.29)	0.00	0.00	1.89	0.00	6.76
CLRC	0.07	0.03	0.00	2.48	0.00	0.00	0.34	0.00	0.86
OLIT	0.13	0.03	0.02	(1.60)	0.00	(0.44)	0.67	(0.19)	1.74
MCAF	0.16	0.03	0.02	(1.85)	0.16	(0.30)	0.48	(0.28)	3.30
NOVV	5.97	3.09	0.00	(0.73)	0.00	0.00	0.90	0.00	200.08
SHUA	0.13	0.03	0.02	1.77	0.00	(0.27)	0.56	(0.28)	1.40
LGVC	0.37	0.00	(0.01)	0.02	0.73	(0.68)	0.67	(0.66)	9.80
PWUP	0.74	(0.06)	0.00	(0.16)	0.00	0.00	1.75	(2.56)	20.77

Delisting Warning - ESAC

ESAC Old was delisted

The entity ESAC Old with a symbol ESAC was delisted from NASDAQ Exchange. Please try Zeo Energy Corp with a symbol ZEO from now on. Check all delisted instruments accross multiple markets.

Still Interested in ESAC Old?

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.

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