InFintT Acquisition Correlations

Summary

The current 90-days correlation between InFintT Acquisition Corp 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 InFintT Acquisition moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if InFintT Acquisition Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

InFintT Acquisition Correlation With Market

Good diversification

The correlation between InFintT Acquisition Corp and DJI is -0.11 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding InFintT Acquisition 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. 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 InFintT Stock

0.95	KITTW	Nauticus Robotics	Pair Corr
0.73	MMV	MultiMetaVerse Holdings	Pair Corr
0.67	THCPU	Thunder Bridge Capital	Pair Corr
0.67	M	Macys Inc	Pair Corr
0.51	HSDT	Helius Medical Techn	Pair Corr
0.5	EVGR	Evergreen Corp	Pair Corr
0.48	DMRC	Digimarc	Pair Corr
0.43	AMZN	Amazon Inc	Pair Corr
0.4	784730AB9	US784730AB94	Pair Corr
0.39	YPF	YPF Sociedad Anonima	Pair Corr
0.36	FNMFO	Federal National Mortgage	Pair Corr
0.35	WMT	Walmart	Pair Corr
0.62	OPTX	Syntec Optics Holdings Trending	Pair Corr
0.61	NETDU	Nabors Energy Transition	Pair Corr
0.53	XMTR	Xometry	Pair Corr
0.52	NBIX	Neurocrine Biosciences	Pair Corr
0.46	AS	Amer Sports,	Pair Corr
0.41	YELP	Yelp Inc	Pair Corr
0.37	RELY	Remitly Global	Pair Corr
0.36	CNOBP	ConnectOne Bancorp	Pair Corr
0.34	SAPMF	Saipem SpA	Pair Corr

Related Correlations Analysis

	ENCPW	NBSTW	HHLA	CFFE	MACA	ESACU	AACIU	FXCO	VMCA	KRNL
ENCPW		0.02	0.24	-0.17	0.47	0.04	0.22	-0.16	-0.2	0.31	ENCPW
NBSTW	0.02		0.27	0.29	0.21	0.28	0.11	0.0	-0.34	-0.11	NBSTW
HHLA	0.24	0.27		0.44	-0.1	0.76	0.13	0.62	-0.21	0.18	HHLA
CFFE	-0.17	0.29	0.44		-0.3	0.61	0.03	0.45	-0.43	0.09	CFFE
MACA	0.47	0.21	-0.1	-0.3		-0.22	0.42	-0.6	-0.12	0.29	MACA
ESACU	0.04	0.28	0.76	0.61	-0.22		0.06	0.75	-0.27	0.22	ESACU
AACIU	0.22	0.11	0.13	0.03	0.42	0.06		-0.15	-0.06	0.16	AACIU
FXCO	-0.16	0.0	0.62	0.45	-0.6	0.75	-0.15		0.08	0.13	FXCO
VMCA	-0.2	-0.34	-0.21	-0.43	-0.12	-0.27	-0.06	0.08		-0.06	VMCA
KRNL	0.31	-0.11	0.18	0.09	0.29	0.22	0.16	0.13	-0.06		KRNL
	ENCPW	NBSTW	HHLA	CFFE	MACA	ESACU	AACIU	FXCO	VMCA	KRNL

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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

ESACU	+ 0.76	HHLA
FXCO	+ 0.75	ESACU
FXCO	+ 0.62	HHLA
ESACU	+ 0.61	CFFE
MACA	+ 0.47	ENCPW
FXCO	+ 0.45	CFFE

High negative correlations

FXCO	- 0.6	MACA
VMCA	- 0.43	CFFE
VMCA	- 0.34	NBSTW
MACA	- 0.3	CFFE
VMCA	- 0.27	ESACU
ESACU	- 0.22	MACA

Risk-Adjusted Indicators

There is a big difference between InFintT Stock performing well and InFintT Acquisition 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 InFintT Acquisition'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
ENCPW	6.21	(0.60)	0.00	(0.65)	0.00	0.00	12.50	(11.76)	34.67
NBSTW	16.51	3.08	0.16	1.18	13.79	(26.41)	59.05	(28.57)	114.29
HHLA	0.08	0.01	(0.06)	0.51	0.00	(0.23)	0.29	(0.10)	1.44
CFFE	0.10	(0.01)	0.00	(0.18)	0.00	0.00	0.37	(0.56)	1.30
MACA	1.47	(0.24)	0.00	(0.38)	0.00	0.00	4.33	(3.77)	20.98
ESACU	0.29	0.13	0.00	(0.42)	0.00	0.00	0.00	0.00	6.64
AACIU	0.92	(0.03)	0.00	0.12	0.00	0.00	4.19	(4.43)	19.47
FXCO	0.10	0.03	0.00	0.89	0.00	0.00	0.47	0.00	1.66
VMCA	0.05	(0.01)	(0.15)	(0.45)	0.04	(0.15)	0.17	(0.17)	0.69
KRNL	0.54	(0.06)	0.00	0.37	0.00	0.00	0.55	(1.00)	17.85

Delisting Warning - IFIN

InFintT Acquisition Corp was delisted

The entity InFintT Acquisition Corp with a symbol IFIN was delisted from New York Stock Exchange. Please try Currenc Group Ordinary with a symbol CURR from now on. Check all delisted instruments accross multiple markets.

InFintT Acquisition Corporate Management

Jing Huang	Independent Director	Profile
Kevin Chen	Director	Profile
Dave Cameron	Independent Director	Profile
Andrey Novikov	Independent Director	Profile
Michael Moradzadeh	Independent Director	Profile

Still Interested in InFintT Acquisition Corp?

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.

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