Graf Global Correlations

GRAF Stock

USD 10.20 0.02 0.20%

The current 90-days correlation between Graf Global Corp and Bowhead Specialty Holdings is 0.05 (i.e., Significant diversification). The correlation of Graf Global 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.

Graf Global Correlation With Market

Good diversification

The correlation between Graf Global Corp and DJI is -0.14 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Graf Global Corp and DJI in the same portfolio, assuming nothing else is changed.

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Graf Global Corp. 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 Graf Stock

0.87	VACH	Voyager Acquisition Corp	Pair Corr
0.92	VCIC	Vine Hill Capital	Pair Corr
0.89	DTSQ	DT Cloud Star	Pair Corr
0.85	EMCGU	Embrace Change Acqui	Pair Corr
0.9	EMCG	Embrace Change Acqui	Pair Corr
0.85	MLACU	Mountain Lake Acquisition	Pair Corr
0.89	BACQU	Bleichroeder Acquisition	Pair Corr
0.94	EURK	Eureka Acquisition Corp	Pair Corr
0.66	ANSCU	Agriculture Natural	Pair Corr
0.78	ANSCW	Agriculture Natural	Pair Corr
0.79	GDSTW	Goldenstone Acquisition	Pair Corr
0.85	GDSTU	Goldenstone Acquisition	Pair Corr
0.92	KVACU	Keen Vision Acquisition	Pair Corr
0.94	AAM	AA Mission Acquisition	Pair Corr
0.92	FACTU	FACT II Acquisition	Pair Corr
0.9	ALF	Centurion Acquisition	Pair Corr
0.92	FORL	Four Leaf Acquisition	Pair Corr
0.92	CUB	Lionheart Holdings	Pair Corr
0.84	EQV	EQV Ventures Acquisition	Pair Corr
0.89	FVN	Future Vision II	Pair Corr
0.92	FSHP	Flag Ship Acquisition	Pair Corr
0.81	GIG	GigCapital7 Corp Class	Pair Corr

Moving against Graf Stock

0.86	GLST	Global Star Acquisition,	Pair Corr
0.52	BAYAU	Bayview Acquisition Corp	Pair Corr
0.47	BAYAR	Bayview Acquisition Corp	Pair Corr
0.35	CEP	Cantor Equity Partners,	Pair Corr

Related Correlations Analysis

	BOW	SPNT	WDC	NOW	UFCS	ARW	ANY	GSHD
BOW		0.53	-0.52	-0.23	0.79	-0.15	-0.15	0.21	BOW
SPNT	0.53		-0.22	-0.01	0.48	0.09	0.12	0.1	SPNT
WDC	-0.52	-0.22		0.51	-0.45	0.44	0.35	-0.14	WDC
NOW	-0.23	-0.01	0.51		-0.1	0.86	0.89	-0.68	NOW
UFCS	0.79	0.48	-0.45	-0.1		-0.01	0.1	0.12	UFCS
ARW	-0.15	0.09	0.44	0.86	-0.01		0.83	-0.59	ARW
ANY	-0.15	0.12	0.35	0.89	0.1	0.83		-0.74	ANY
GSHD	0.21	0.1	-0.14	-0.68	0.12	-0.59	-0.74		GSHD
	BOW	SPNT	WDC	NOW	UFCS	ARW	ANY	GSHD

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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

ANY	+ 0.89	NOW
ARW	+ 0.86	NOW
ANY	+ 0.83	ARW
UFCS	+ 0.79	BOW
SPNT	+ 0.53	BOW
NOW	+ 0.51	WDC

High negative correlations

GSHD	- 0.74	ANY
GSHD	- 0.68	NOW
GSHD	- 0.59	ARW
WDC	- 0.52	BOW
UFCS	- 0.45	WDC
NOW	- 0.23	BOW

Risk-Adjusted Indicators

There is a big difference between Graf Stock performing well and Graf Global 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 Graf Global'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
BOW	1.51	0.16	0.10	0.17	1.74	(1.62)	2.85	(3.32)	8.82
SPNT	1.73	0.09	0.05	0.09	2.20	(1.70)	2.39	(3.57)	19.39
WDC	2.03	(0.05)	0.00	(0.12)	0.00	0.00	4.74	(5.06)	13.32
NOW	1.81	(0.38)	0.00	(0.37)	0.00	0.00	2.61	(4.82)	14.05
UFCS	1.51	(0.01)	0.00	(0.09)	0.00	0.00	3.25	(3.68)	8.16
ARW	1.15	(0.16)	0.00	(0.27)	0.00	0.00	1.76	(2.62)	6.75
ANY	3.46	(1.37)	0.00	(1.53)	0.00	0.00	6.86	(7.69)	18.19
GSHD	2.12	0.20	0.07	0.09	2.37	(2.45)	4.49	(4.92)	21.17

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