BitFuFu Correlations

FUFU Stock

5.24 0.23 4.59%

The current 90-days correlation between BitFuFu Class A and Donnelley Financial Solutions is 0.33 (i.e., Weak diversification). The correlation of BitFuFu 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.

BitFuFu Correlation With Market

Average diversification

The correlation between BitFuFu Class A and DJI is 0.14 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding BitFuFu Class A 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 BitFuFu Class A. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

Moving together with BitFuFu Stock

0.79	ANY	Sphere 3D Corp	Pair Corr
0.71	MARA	Marathon Digital Holdings Buyout Trend	Pair Corr
0.77	RIOT	Riot Blockchain Buyout Trend	Pair Corr
0.64	BTBT	Bit Digital Upward Rally	Pair Corr
0.8	CLSK	CleanSpark Fiscal Year End 5th of December 2024	Pair Corr
0.81	DGHI	Digihost Technology	Pair Corr
0.68	FI	Fiserv,	Pair Corr
0.61	KD	Kyndryl Holdings Tech Boost	Pair Corr
0.74	ML	MoneyLion	Pair Corr

Moving against BitFuFu Stock

0.64	WKEY	Wisekey International	Pair Corr
0.64	XTIA	XTI Aerospace, Symbol Change	Pair Corr
0.61	MKDW	MKDWELL Tech Ordinary	Pair Corr
0.61	NTRP	NextTrip Symbol Change	Pair Corr
0.6	FRGE	Forge Global Holdings	Pair Corr
0.59	ENLV	Enlivex Therapeutics	Pair Corr
0.4	GPUS	Hyperscale Data, Symbol Change	Pair Corr
0.36	DIOD	Diodes Incorporated	Pair Corr
0.65	MX	MagnaChip Semiconductor Tech Boost	Pair Corr
0.5	MQ	Marqeta	Pair Corr
0.37	DM	Desktop Metal	Pair Corr

Related Correlations Analysis

	SRL	DFIN	HGBL	OPY	MEGL	NCPL	PIPR	HLI	PJT	SF
SRL		0.3	0.24	-0.47	0.17	-0.06	-0.36	-0.33	-0.26	-0.28	SRL
DFIN	0.3		0.12	-0.75	-0.13	0.32	-0.57	-0.67	-0.58	-0.69	DFIN
HGBL	0.24	0.12		-0.12	-0.18	0.19	-0.2	-0.2	-0.17	-0.17	HGBL
OPY	-0.47	-0.75	-0.12		-0.01	-0.11	0.76	0.78	0.68	0.8	OPY
MEGL	0.17	-0.13	-0.18	-0.01		-0.53	0.26	0.22	0.3	0.27	MEGL
NCPL	-0.06	0.32	0.19	-0.11	-0.53		-0.43	-0.47	-0.56	-0.53	NCPL
PIPR	-0.36	-0.57	-0.2	0.76	0.26	-0.43		0.97	0.97	0.95	PIPR
HLI	-0.33	-0.67	-0.2	0.78	0.22	-0.47	0.97		0.98	0.98	HLI
PJT	-0.26	-0.58	-0.17	0.68	0.3	-0.56	0.97	0.98		0.97	PJT
SF	-0.28	-0.69	-0.17	0.8	0.27	-0.53	0.95	0.98	0.97		SF
	SRL	DFIN	HGBL	OPY	MEGL	NCPL	PIPR	HLI	PJT	SF

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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

PJT	+ 0.98	HLI
SF	+ 0.98	HLI
HLI	+ 0.97	PIPR
PJT	+ 0.97	PIPR
SF	+ 0.97	PJT
SF	+ 0.95	PIPR

High negative correlations

OPY	- 0.75	DFIN
SF	- 0.69	DFIN
HLI	- 0.67	DFIN
PJT	- 0.58	DFIN
PIPR	- 0.57	DFIN
PJT	- 0.56	NCPL

Risk-Adjusted Indicators

There is a big difference between BitFuFu Stock performing well and BitFuFu 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 BitFuFu'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
SRL	1.75	(0.16)	0.00	(0.40)	0.00	0.00	3.41	(4.18)	15.25
DFIN	1.39	(0.32)	0.00	(0.09)	0.00	0.00	3.03	(3.22)	11.70
HGBL	2.00	(0.04)	0.00	(0.09)	0.00	0.00	4.27	(4.14)	13.10
OPY	1.29	0.17	0.13	0.30	0.95	(1.54)	2.58	(2.06)	13.50
MEGL	4.24	0.22	0.04	0.38	4.20	(6.68)	11.11	(6.78)	30.98
NCPL	5.05	(0.84)	0.00	(0.35)	0.00	0.00	9.76	(13.88)	42.22
PIPR	1.51	0.06	0.19	0.14	1.19	(1.89)	3.07	(2.70)	22.79
HLI	1.24	0.13	0.14	0.19	1.05	(1.33)	2.31	(2.04)	12.41
PJT	1.50	0.16	0.27	0.18	0.91	(2.07)	3.55	(2.04)	18.44
SF	1.22	0.22	0.31	0.22	0.66	(1.54)	3.01	(1.97)	16.31

BitFuFu Corporate Executives

Elected by the shareholders, the BitFuFu's board of directors comprises two types of representatives: BitFuFu inside directors who are chosen from within the company, and outside directors, selected externally and held independent of BitFuFu. The board's role is to monitor BitFuFu's management team and ensure that shareholders' interests are well served. BitFuFu's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, BitFuFu's outside directors are responsible for providing unbiased perspectives on the board's policies.

	Carol Zhong	COO	Profile
	Alex Fan	CTO	Profile

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