IFIN Old Correlations

The current 90-days correlation between IFIN Old and CF Acquisition Corp is 0.22 (i.e., Modest diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as IFIN Old moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if IFIN Old moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

IFIN Old Correlation With Market

Good diversification

The correlation between IFIN Old and DJI is -0.07 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding IFIN Old 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. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Moving against IFIN Stock

  0.67PPYA Papaya Growth OpportunityPairCorr
  0.55MMM 3M Company Fiscal Year End 28th of January 2025 PairCorr

Related Correlations Analysis

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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   
ESACUHHLA
FXCOESACU
ESACUENCPW
HHLAENCPW
FXCOHHLA
ESACUCFFE
  
High negative correlations   
VMCAMACA
FXCOMACA
KRNLVMCA
VMCAENCPW
VMCAAACIU
MACACFFE

Risk-Adjusted Indicators

There is a big difference between IFIN Stock performing well and IFIN Old 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 IFIN Old'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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
ENCPW  5.42 (0.48) 0.00  1.31  0.00 
 12.50 
 25.77 
NBSTW  16.51  3.14  0.16 (33.68) 13.79 
 59.05 
 114.29 
HHLA  0.08  0.01 (0.07) 0.26  0.00 
 0.29 
 1.44 
CFFE  0.10 (0.01) 0.00 (0.28) 0.00 
 0.37 
 1.30 
MACA  1.47 (0.22) 0.00  0.77  0.00 
 4.33 
 20.98 
ESACU  0.29  0.13  0.00 (8.31) 0.00 
 0.00 
 6.64 
AACIU  0.92 (0.04) 0.00  2.38  0.00 
 4.19 
 19.47 
FXCO  0.10  0.03  0.00 (0.92) 0.00 
 0.47 
 1.66 
VMCA  0.07  0.01 (0.10)(2.53) 0.00 
 0.26 
 0.61 
KRNL  0.54 (0.06) 0.00  0.51  0.00 
 0.55 
 17.85 

Delisting Warning - IFIN

IFIN Old was delisted

The entity IFIN Old with a symbol IFIN was delisted from NASDAQ Exchange. Please try Currenc Group Ordinary with a symbol CURR from now on. Check all delisted instruments accross multiple markets.

IFIN Old Corporate Management

Jing HuangIndependent DirectorProfile
Kevin ChenDirectorProfile
Dave CameronIndependent DirectorProfile
Andrey NovikovIndependent DirectorProfile
Michael MoradzadehIndependent DirectorProfile

Still Interested in IFIN Old?

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.