Sizzle Acquisition Correlations
| SZZLUDelisted Stock | USD 10.85 0.00 0.00% |
The correlation of Sizzle 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.
Sizzle Acquisition Correlation With Market
Average diversification
The correlation between Sizzle Acquisition Corp and DJI is 0.11 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Sizzle Acquisition Corp and DJI in the same portfolio, assuming nothing else is changed.
Sizzle |
Moving together with Sizzle Stock
| 0.74 | SSNLF | Samsung Electronics | PairCorr |
| 0.71 | PTAIF | PT Astra International | PairCorr |
| 0.77 | INTC | Intel Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.78 | CSCO | Cisco Systems Aggressive Push | PairCorr |
| 0.86 | CAT | Caterpillar Fiscal Year End 3rd of February 2025 | PairCorr |
| 0.72 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.84 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
Moving against Sizzle Stock
| 0.66 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.64 | BKRKF | PT Bank Rakyat | PairCorr |
| 0.64 | JNJ | Johnson Johnson Fiscal Year End 28th of January 2025 | PairCorr |
| 0.6 | PPERF | Bank Mandiri Persero | PairCorr |
| 0.59 | KO | Coca Cola Sell-off Trend | PairCorr |
| 0.58 | BKRKY | Bank Rakyat | PairCorr |
| 0.56 | PPERY | Bank Mandiri Persero | PairCorr |
| 0.56 | TLK | Telkom Indonesia Tbk | PairCorr |
| 0.47 | PG | Procter Gamble | PairCorr |
Related Correlations Analysis
| -0.03 | 0.02 | 0.5 | 0.11 | TOACU | ||
| -0.03 | 0.2 | 0.08 | 0.44 | LGSTU | ||
| 0.02 | 0.2 | 0.46 | 0.43 | FRLAU | ||
| 0.5 | 0.08 | 0.46 | 0.55 | SMAPU | ||
| 0.11 | 0.44 | 0.43 | 0.55 | IOACU | ||
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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 Sizzle Stock performing well and Sizzle 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 Sizzle 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| TOACU | 0.37 | 0.02 | 0.00 | 0.01 | 0.00 | 0.76 | 12.71 | |||
| LGSTU | 0.19 | 0.06 | 0.00 | (0.70) | 0.00 | 0.48 | 4.95 | |||
| FRLAU | 0.19 | 0.08 | 0.00 | (2.01) | 0.00 | 0.44 | 3.18 | |||
| SMAPU | 0.17 | 0.02 | 0.00 | 0.46 | 0.00 | 0.10 | 6.00 | |||
| IOACU | 0.39 | 0.05 | 0.00 | 0.43 | 0.00 | 0.36 | 9.60 |
Sizzle Acquisition 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 Sizzle Acquisition stock to make a market-neutral strategy. Peer analysis of Sizzle Acquisition could also be used in its relative valuation, which is a method of valuing Sizzle Acquisition by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Sizzle Acquisition Corporate Executives
Elected by the shareholders, the Sizzle Acquisition's board of directors comprises two types of representatives: Sizzle Acquisition inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Sizzle. The board's role is to monitor Sizzle Acquisition's management team and ensure that shareholders' interests are well served. Sizzle Acquisition's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Sizzle Acquisition's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Daniel CFA | CFO Development | Profile |
Still Interested in Sizzle 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.