M3 Brigade Correlations
| MBSCDelisted Stock | USD 10.49 0.00 0.00% |
The current 90-days correlation between M3 Brigade Acquisition and Conyers Park III is 0.13 (i.e., Average diversification). The correlation of M3 Brigade 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.
M3 Brigade Correlation With Market
Good diversification
The correlation between M3 Brigade Acquisition and DJI is -0.05 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding M3 Brigade Acquisition and DJI in the same portfolio, assuming nothing else is changed.
MBSC |
Moving together with MBSC Stock
| 0.75 | FSTF | First State Financial | PairCorr |
| 0.85 | JXN-PA | Jackson Financial | PairCorr |
| 0.75 | TRV | The Travelers Companies Fiscal Year End 17th of January 2025 | PairCorr |
| 0.87 | CVX | Chevron Corp Fiscal Year End 7th of February 2025 | PairCorr |
| 0.86 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.73 | HPQ | HP Inc | PairCorr |
| 0.93 | AA | Alcoa Corp Sell-off Trend | PairCorr |
| 0.8 | HD | Home Depot | PairCorr |
| 0.81 | WMT | Walmart Aggressive Push | PairCorr |
| 0.76 | JPM | JPMorgan Chase Fiscal Year End 10th of January 2025 | PairCorr |
| 0.65 | XOM | Exxon Mobil Corp Fiscal Year End 7th of February 2025 | PairCorr |
| 0.76 | DIS | Walt Disney Aggressive Push | PairCorr |
| 0.93 | CSCO | Cisco Systems | PairCorr |
| 0.8 | BAC | Bank of America Fiscal Year End 10th of January 2025 | PairCorr |
Moving against MBSC Stock
| 0.9 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.68 | PFE | Pfizer Inc Potential Growth | PairCorr |
Related Correlations Analysis
| 0.0 | 0.05 | 0.27 | 0.13 | 0.02 | 0.16 | GENQ | ||
| 0.0 | 0.26 | 0.07 | 0.01 | 0.12 | 0.05 | LGVC | ||
| 0.05 | 0.26 | 0.79 | 0.65 | 0.68 | -0.07 | DTOC | ||
| 0.27 | 0.07 | 0.79 | 0.83 | 0.66 | -0.32 | CPAA | ||
| 0.13 | 0.01 | 0.65 | 0.83 | 0.55 | -0.35 | OPA | ||
| 0.02 | 0.12 | 0.68 | 0.66 | 0.55 | 0.02 | ITAQ | ||
| 0.16 | 0.05 | -0.07 | -0.32 | -0.35 | 0.02 | ENCP | ||
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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 MBSC Stock performing well and M3 Brigade 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 M3 Brigade'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| GENQ | 0.23 | (0.07) | 0.00 | (0.72) | 0.00 | 0.28 | 2.46 | |||
| LGVC | 0.37 | 0.02 | (0.08) | (0.02) | 0.73 | 0.67 | 9.80 | |||
| DTOC | 0.14 | 0.03 | (0.15) | 1.81 | 0.00 | 0.58 | 1.65 | |||
| CPAA | 0.07 | 0.00 | (0.75) | 0.16 | 0.00 | 0.20 | 0.30 | |||
| OPA | 0.23 | 0.04 | (0.10) | (0.40) | 0.36 | 0.58 | 4.86 | |||
| ITAQ | 0.18 | 0.02 | (0.21) | (2.13) | 0.11 | 0.67 | 2.30 | |||
| ENCP | 4.66 | 0.86 | 0.05 | 0.93 | 8.56 | 22.24 | 65.15 |
M3 Brigade Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with M3 Brigade stock to make a market-neutral strategy. Peer analysis of M3 Brigade could also be used in its relative valuation, which is a method of valuing M3 Brigade by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
M3 Brigade Corporate Management
| Christopher Chaice | Ex VP | Profile | |
| Mohsin Esq | Ex Chairman | Profile | |
| Frederick Arnold | Independent Director Nominee | Profile | |
| Benjamin Rattner | Independent Director Nominee | Profile | |
| Kallie Steffes | Executive Vice President | Profile | |
| Steven Vincent | Director Nominee | Profile |
Still Interested in M3 Brigade Acquisition?
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.