Live Oak Correlations

Summary

LOCCDelisted Stock

USD 10.27 0.00 0.00%

The current 90-days correlation between Live Oak Crestview and Stratim Cloud Acquisition is 0.02 (i.e., Significant diversification). The correlation of Live Oak 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.

Live Oak Correlation With Market

Good diversification

The correlation between Live Oak Crestview and DJI is -0.04 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Live Oak Crestview and DJI in the same portfolio, assuming nothing else is changed.

Check out Correlation 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 main economic indicators.

Moving together with Live Stock

0.71	FMCB	Farmers Merchants Bancorp	Pair Corr
0.81	FUWAF	Furukawa Electric	Pair Corr
0.74	MNPR	Monopar Therapeutics Trending	Pair Corr
0.76	CSCO	Cisco Systems Aggressive Push	Pair Corr
0.78	WMT	Walmart Aggressive Push	Pair Corr
0.71	BA	Boeing Earnings Call This Week	Pair Corr
0.67	DIS	Walt Disney	Pair Corr
0.8	AXP	American Express	Pair Corr

Moving against Live Stock

0.88	JNJ	Johnson Johnson Fiscal Year End 28th of January 2025	Pair Corr
0.82	DD	Dupont De Nemours Fiscal Year End 4th of February 2025	Pair Corr
0.75	KO	Coca Cola Fiscal Year End 11th of February 2025	Pair Corr
0.74	NFPDF	Nissin Foods Holdings	Pair Corr
0.59	MCD	McDonalds Fiscal Year End 3rd of February 2025	Pair Corr
0.56	TRV	The Travelers Companies	Pair Corr
0.56	MRK	Merck Company Fiscal Year End 6th of February 2025	Pair Corr
0.49	AA	Alcoa Corp	Pair Corr
0.31	YAMHF	Yamaha Motor	Pair Corr

Related Correlations Analysis

	SCAQU	HAIAU	TGAA	MSSA	OHAA	HUDAU	ACAX	VHNA	DPCS	GDNR
SCAQU		0.11	-0.53	-0.3	0.02	0.0	-0.35	-0.53	-0.31	-0.59	SCAQU
HAIAU	0.11		-0.38	0.33	0.0	0.0	0.25	-0.35	-0.83	-0.21	HAIAU
TGAA	-0.53	-0.38		0.2	-0.41	0.0	0.03	0.54	0.44	0.46	TGAA
MSSA	-0.3	0.33	0.2		-0.13	0.0	0.45	0.46	0.01	0.01	MSSA
OHAA	0.02	0.0	-0.41	-0.13		0.0	-0.11	-0.33	-0.09	-0.24	OHAA
HUDAU	0.0	0.0	0.0	0.0	0.0		0.0	0.0	0.0	0.0	HUDAU
ACAX	-0.35	0.25	0.03	0.45	-0.11	0.0		0.53	-0.08	0.41	ACAX
VHNA	-0.53	-0.35	0.54	0.46	-0.33	0.0	0.53		0.58	0.59	VHNA
DPCS	-0.31	-0.83	0.44	0.01	-0.09	0.0	-0.08	0.58		0.29	DPCS
GDNR	-0.59	-0.21	0.46	0.01	-0.24	0.0	0.41	0.59	0.29		GDNR
	SCAQU	HAIAU	TGAA	MSSA	OHAA	HUDAU	ACAX	VHNA	DPCS	GDNR

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Please upgrade your account to get full access to Macroaxis premium features

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

GDNR	+ 0.59	VHNA
DPCS	+ 0.58	VHNA
VHNA	+ 0.54	TGAA
VHNA	+ 0.53	ACAX
GDNR	+ 0.46	TGAA
VHNA	+ 0.46	MSSA

High negative correlations

DPCS	- 0.83	HAIAU
GDNR	- 0.59	SCAQU
VHNA	- 0.53	SCAQU
TGAA	- 0.53	SCAQU
OHAA	- 0.41	TGAA
TGAA	- 0.38	HAIAU

Risk-Adjusted Indicators

There is a big difference between Live Stock performing well and Live Oak 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 Live Oak'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
SCAQU	0.22	(0.02)	0.00	0.20	0.00	0.00	0.00	0.00	7.14
HAIAU	0.30	(0.10)	0.00	0.87	0.00	0.00	0.09	0.00	11.20
TGAA	0.12	0.01	(0.07)	0.15	0.11	(0.41)	0.35	(0.35)	2.20
MSSA	0.73	0.03	(0.01)	(0.31)	0.99	(1.76)	2.83	(2.75)	8.41
OHAA	0.12	(0.01)	0.00	2.55	0.00	0.00	0.20	(0.29)	3.67
HUDAU	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
ACAX	0.49	0.03	0.00	0.20	1.27	(1.53)	0.48	(0.29)	13.40
VHNA	0.10	0.02	(0.08)	6.07	0.00	(0.21)	0.29	(0.19)	1.05
DPCS	0.61	0.15	0.05	0.51	0.75	(1.71)	0.70	(0.55)	17.65
GDNR	0.35	0.01	(0.04)	0.22	0.48	(0.47)	0.85	(1.03)	2.97

View Live Oak Related Equities

Stratim Cloud Acquisition Healthcare AI Acquisition Target Global Acquisition Metal Sky Star OPY Acquisition I Hudson Acquisition I Alset Capital Acquisition Vahanna Tech Edge DP Cap Acquisition Gardiner Healthcare Acquisitions CC Neuberger Principal Jaws Mustang Acquisition TLG Acquisition One Pontem Corp Quantum FinTech Acquisition

Risk & Return

Correlation

Still Interested in Live Oak Crestview?

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC