Swiftmerge Acquisition Correlations

IVCPW Stock

USD 0.12 0.02 14.29%

The current 90-days correlation between Swiftmerge Acquisition and Integral Acquisition is 0.04 (i.e., Significant diversification). The correlation of Swiftmerge Acquisition 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.

Swiftmerge Acquisition Correlation With Market

Modest diversification

The correlation between Swiftmerge Acquisition Corp and DJI is 0.26 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Swiftmerge 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, which includes a position in Swiftmerge Acquisition 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 american community survey.

Moving against Swiftmerge Stock

0.4	PWUPU	PowerUp Acquisition Corp	Pair Corr
0.4	VMCA	Valuence Merger Corp	Pair Corr
0.32	PWUPW	PowerUp Acquisition Corp	Pair Corr
0.44	BRKHU	BurTech Acquisition Corp	Pair Corr
0.37	ROCLU	Roth CH Acquisition	Pair Corr
0.35	GDSTW	Goldenstone Acquisition	Pair Corr
0.52	TGAAU	Target Global Acquisition	Pair Corr
0.44	TWO	Two Harbors Investments	Pair Corr

Related Correlations Analysis

	INTEW	MPRAW	BRKHW	JAQCW	JUGGW
INTEW		0.35	0.28	0.57	0.28	INTEW
MPRAW	0.35		0.34	0.43	-0.2	MPRAW
BRKHW	0.28	0.34		0.46	0.14	BRKHW
JAQCW	0.57	0.43	0.46		0.4	JAQCW
JUGGW	0.28	-0.2	0.14	0.4		JUGGW
	INTEW	MPRAW	BRKHW	JAQCW	JUGGW

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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

JAQCW	+ 0.57	INTEW
JAQCW	+ 0.46	BRKHW
JAQCW	+ 0.43	MPRAW
JUGGW	+ 0.4	JAQCW
MPRAW	+ 0.35	INTEW
BRKHW	+ 0.34	MPRAW

High negative correlations

JUGGW

- 0.2

MPRAW

Risk-Adjusted Indicators

There is a big difference between Swiftmerge Stock performing well and Swiftmerge 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 Swiftmerge 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
INTEW	12.91	(2.13)	0.00	(0.53)	0.00	0.00	36.36	(37.30)	93.75
MPRAW	20.35	4.56	0.13	(0.40)	21.51	(25.08)	68.35	(40.00)	133.45
BRKHW	5.84	0.83	0.07	(1.37)	5.99	(10.92)	17.65	(10.53)	52.78
JAQCW	22.32	4.38	0.15	(4.14)	21.56	(32.18)	43.17	(52.25)	264.29
JUGGW	18.32	0.58	0.02	0.45	23.03	(55.78)	38.46	(52.97)	353.42

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