Feutune Light Correlations
| FLFVDelisted Stock | USD 1.72 0.00 0.00% |
The correlation of Feutune Light 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.
Feutune Light Correlation With Market
Average diversification
The correlation between Feutune Light Acquisition and DJI is 0.1 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Feutune Light Acquisition and DJI in the same portfolio, assuming nothing else is changed.
Feutune |
Moving against Feutune Stock
| 0.68 | JPHLF | Japan Post Holdings | PairCorr |
| 0.63 | MSFT | Microsoft Aggressive Push | PairCorr |
| 0.56 | MZHOF | Mizuho Financial Normal Trading | PairCorr |
| 0.53 | MBFJF | Mitsubishi UFJ Financial | PairCorr |
| 0.5 | T | ATT Inc Sell-off Trend | PairCorr |
| 0.45 | PYPL | PayPal Holdings Aggressive Push | PairCorr |
| 0.44 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
| 0.41 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.4 | HD | Home Depot | PairCorr |
| 0.38 | IBM | International Business Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.32 | CSCO | Cisco Systems | PairCorr |
| 0.31 | JPSTF | JAPAN POST BANK | PairCorr |
| 0.31 | JPM | JPMorgan Chase Fiscal Year End 10th of January 2025 | PairCorr |
| 0.31 | BAC | Bank of America Fiscal Year End 10th of January 2025 | PairCorr |
Related Correlations Analysis
| 0.35 | 0.85 | 0.89 | 0.26 | 0.54 | JAQCU | ||
| 0.35 | 0.39 | 0.45 | 0.1 | 0.22 | SPCMU | ||
| 0.85 | 0.39 | 0.92 | 0.32 | 0.59 | XPAX | ||
| 0.89 | 0.45 | 0.92 | 0.36 | 0.66 | NCAC | ||
| 0.26 | 0.1 | 0.32 | 0.36 | 0.35 | WAVS | ||
| 0.54 | 0.22 | 0.59 | 0.66 | 0.35 | GMFIU | ||
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Risk-Adjusted Indicators
There is a big difference between Feutune Stock performing well and Feutune Light 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 Feutune Light'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| JAQCU | 0.09 | 0.02 | 0.00 | 0.56 | 0.00 | 0.39 | 1.38 | |||
| SPCMU | 0.22 | 0.01 | (0.06) | 0.23 | 0.55 | 0.47 | 8.48 | |||
| XPAX | 0.06 | 0.01 | 0.00 | (1.43) | 0.00 | 0.19 | 0.68 | |||
| NCAC | 0.16 | 0.04 | 0.00 | 1.47 | 0.00 | 0.65 | 2.45 | |||
| WAVS | 1.06 | 0.04 | (0.02) | 0.28 | 1.50 | 3.35 | 12.07 | |||
| GMFIU | 0.63 | 0.00 | (0.03) | 0.13 | 1.14 | 3.07 | 9.13 |
Delisting Warning - FLFV
Feutune Light Acquisition was delisted
| The entity Feutune Light Acquisition with a symbol FLFV was delisted from NASDAQ Exchange. Please try Thunder Power Holdings, with a symbol AIEV from now on. Check all delisted instruments accross multiple markets. |
Still Interested in Feutune Light 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.