FACT II Correlations

FACT Stock

USD 9.58 2.16 18.40%

The current 90-days correlation between FACT II Acquisition and CF Acquisition Corp is -0.07 (i.e., Good diversification). The correlation of FACT II 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.

FACT II Correlation With Market

Average diversification

The correlation between FACT II Acquisition and DJI is 0.13 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding FACT II Acquisition and DJI in the same portfolio, assuming nothing else is changed.

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FACT II Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Moving against FACT Stock

0.4	GEGGL	Great Elm Group	Pair Corr
0.4	PRE	Prenetics Global	Pair Corr
0.39	CLBR	Colombier Acquisition	Pair Corr
0.32	DLO	Dlocal	Pair Corr
0.48	SWKHL	SWK Holdings	Pair Corr
0.37	HTFB	Horizon Technology	Pair Corr
0.33	LPAA	Launch One Acquisition	Pair Corr

Related Correlations Analysis

	CFFE	MACA	AMAO	KRNL	ADEX	AGAC	PNTM	MNTN	APGB
CFFE		-0.3	0.28	0.09	-0.37	0.52	0.44	0.34	0.4	CFFE
MACA	-0.3		-0.66	0.29	0.43	-0.49	-0.15	-0.69	-0.56	MACA
AMAO	0.28	-0.66		-0.4	-0.52	0.64	0.39	0.87	0.54	AMAO
KRNL	0.09	0.29	-0.4		-0.08	0.1	0.29	-0.44	-0.1	KRNL
ADEX	-0.37	0.43	-0.52	-0.08		-0.89	-0.75	-0.47	-0.8	ADEX
AGAC	0.52	-0.49	0.64	0.1	-0.89		0.86	0.58	0.74	AGAC
PNTM	0.44	-0.15	0.39	0.29	-0.75	0.86		0.36	0.54	PNTM
MNTN	0.34	-0.69	0.87	-0.44	-0.47	0.58	0.36		0.55	MNTN
APGB	0.4	-0.56	0.54	-0.1	-0.8	0.74	0.54	0.55		APGB
	CFFE	MACA	AMAO	KRNL	ADEX	AGAC	PNTM	MNTN	APGB

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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

MNTN	+ 0.87	AMAO
PNTM	+ 0.86	AGAC
APGB	+ 0.74	AGAC
AGAC	+ 0.64	AMAO
MNTN	+ 0.58	AGAC
APGB	+ 0.55	MNTN

High negative correlations

AGAC	- 0.89	ADEX
APGB	- 0.8	ADEX
PNTM	- 0.75	ADEX
MNTN	- 0.69	MACA
AMAO	- 0.66	MACA
APGB	- 0.56	MACA

Risk-Adjusted Indicators

There is a big difference between FACT Stock performing well and FACT II 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 FACT II'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
CFFE	0.10	(0.01)	0.00	(3.84)	0.00	0.00	0.37	(0.56)	1.30
MACA	1.47	(0.22)	0.00	0.62	0.00	0.00	4.33	(3.77)	20.98
AMAO	0.28	0.09	0.09	(2.08)	0.00	(0.69)	0.39	(0.49)	3.27
KRNL	0.54	(0.06)	0.00	1.16	0.00	0.00	0.55	(1.00)	17.85
ADEX	4.50	(0.69)	0.00	(0.44)	0.00	0.00	13.24	(13.02)	50.45
AGAC	0.09	0.03	0.05	1.64	0.00	(0.17)	0.29	(0.19)	0.96
PNTM	0.13	0.01	(0.02)	(0.24)	0.15	(0.19)	0.29	(0.20)	1.63
MNTN	0.23	0.09	0.23	(4.06)	0.00	(0.42)	0.89	(0.35)	1.41
APGB	0.16	0.01	(0.01)	0.10	0.19	(0.29)	0.48	(0.29)	2.04

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