Genesis Unicorn Correlations
| GENQWDelisted Stock | USD 0.08 0 1.27% |
The current 90-days correlation between Genesis Unicorn Capital and GSR II Meteora is -0.14 (i.e., Good diversification). The correlation of Genesis Unicorn 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.
Genesis Unicorn Correlation With Market
Good diversification
The correlation between Genesis Unicorn Capital and DJI is -0.16 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Genesis Unicorn Capital and DJI in the same portfolio, assuming nothing else is changed.
Genesis |
Moving together with Genesis Stock
Moving against Genesis Stock
| 0.51 | EC | Ecopetrol SA ADR | PairCorr |
| 0.4 | KO | Coca Cola Fiscal Year End 11th of February 2025 | PairCorr |
| 0.38 | PKX | POSCO Holdings | PairCorr |
| 0.38 | VZ | Verizon Communications Sell-off Trend | PairCorr |
| 0.31 | PG | Procter Gamble | PairCorr |
Related Correlations Analysis
| -0.02 | -0.46 | -0.62 | -0.01 | GSRMW | ||
| -0.02 | 0.24 | -0.33 | 0.13 | GATEW | ||
| -0.46 | 0.24 | 0.2 | 0.2 | GDNRW | ||
| -0.62 | -0.33 | 0.2 | -0.05 | FTIIW | ||
| -0.01 | 0.13 | 0.2 | -0.05 | HCMAW | ||
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Genesis Stock performing well and Genesis Unicorn 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 Genesis Unicorn'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| GSRMW | 11.09 | 2.53 | 0.18 | (2.43) | 10.54 | 32.71 | 84.90 | |||
| GATEW | 1.38 | 0.15 | 0.00 | 0.99 | 0.00 | 2.94 | 30.95 | |||
| GDNRW | 17.21 | 2.66 | 0.10 | (0.83) | 17.15 | 46.24 | 167.53 | |||
| FTIIW | 13.86 | 1.67 | 0.04 | (0.13) | 14.72 | 48.86 | 119.95 | |||
| HCMAW | 32.51 | 8.59 | 0.25 | (1.32) | 25.42 | 104.12 | 254.05 |
Genesis Unicorn 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 Genesis Unicorn stock to make a market-neutral strategy. Peer analysis of Genesis Unicorn could also be used in its relative valuation, which is a method of valuing Genesis Unicorn by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Genesis Unicorn Corporate Management
| Hin Lui | CFO Pres | Profile | |
| Niel MD | Chief Officer | Profile | |
| Juan Pascual | Chief Officer | Profile | |
| MPH MD | Chief Officer | Profile |
Still Interested in Genesis Unicorn Capital?
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.