Investcorp India Correlations
| IVCAU Stock | USD 11.65 0.00 0.00% |
The current 90-days correlation between Investcorp India Acq and U Haul Holding is 0.16 (i.e., Average diversification). The correlation of Investcorp India 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.
Investcorp India Correlation With Market
Average diversification
The correlation between Investcorp India Acquisition and DJI is 0.12 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Investcorp India Acquisition and DJI in the same portfolio, assuming nothing else is changed.
Investcorp |
Moving together with Investcorp Stock
| 0.62 | COF | Capital One Financial Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.61 | DFS | Discover Financial Fiscal Year End 15th of January 2025 | PairCorr |
| 0.71 | PPYA | Papaya Growth Opportunity | PairCorr |
| 0.61 | C | Citigroup Aggressive Push | PairCorr |
| 0.62 | DHIL | Diamond Hill Investment | PairCorr |
Moving against Investcorp Stock
| 0.49 | CB | Chubb | PairCorr |
| 0.36 | SWIN | Solowin Holdings Ordinary | PairCorr |
| 0.56 | WU | Western Union Sell-off Trend | PairCorr |
| 0.47 | XP | Xp Inc | PairCorr |
| 0.44 | EG | Everest Group | PairCorr |
| 0.42 | WF | Woori Financial Group | PairCorr |
| 0.34 | PT | Pintec Technology | PairCorr |
Related Correlations Analysis
| 0.34 | 0.21 | 0.33 | -0.1 | 0.0 | 0.19 | UHAL | ||
| 0.34 | -0.12 | 0.02 | -0.28 | 0.0 | 0.33 | WSC | ||
| 0.21 | -0.12 | -0.34 | 0.84 | 0.0 | 0.0 | CAAP | ||
| 0.33 | 0.02 | -0.34 | -0.65 | 0.0 | 0.0 | MIUFY | ||
| -0.1 | -0.28 | 0.84 | -0.65 | 0.0 | -0.01 | ALK | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | FSLUF | ||
| 0.19 | 0.33 | 0.0 | 0.0 | -0.01 | 0.0 | VSTS | ||
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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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Investcorp Stock performing well and Investcorp India 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 Investcorp India'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| UHAL | 1.14 | (0.08) | (0.08) | 0.01 | 1.43 | 2.58 | 6.88 | |||
| WSC | 1.92 | (0.19) | (0.03) | 0.02 | 2.98 | 3.73 | 18.49 | |||
| CAAP | 1.84 | 0.31 | 0.11 | 0.80 | 1.92 | 4.29 | 14.36 | |||
| MIUFY | 1.16 | (0.17) | 0.00 | 1.19 | 0.00 | 3.39 | 23.89 | |||
| ALK | 1.55 | 0.46 | 0.31 | 0.55 | 0.95 | 4.71 | 9.94 | |||
| FSLUF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| VSTS | 1.79 | 0.05 | 0.09 | 0.15 | 1.59 | 3.54 | 18.27 |