VMG Consumer Correlations
| VMGADelisted Stock | USD 10.41 0.00 0.00% |
The current 90-days correlation between VMG Consumer Acquisition and Proof Acquisition I is 0.16 (i.e., Average diversification). The correlation of VMG Consumer 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.
VMG Consumer Correlation With Market
Average diversification
The correlation between VMG Consumer 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 VMG Consumer Acquisition and DJI in the same portfolio, assuming nothing else is changed.
VMG |
Moving together with VMG Stock
| 0.91 | WMT | Walmart Aggressive Push | PairCorr |
| 0.8 | AMZN | Amazon Inc Aggressive Push | PairCorr |
| 0.92 | BAC | Bank of America Fiscal Year End 10th of January 2025 | PairCorr |
| 0.92 | JPM | JPMorgan Chase Sell-off Trend | PairCorr |
| 0.69 | HD | Home Depot | PairCorr |
| 0.86 | CVX | Chevron Corp Fiscal Year End 7th of February 2025 | PairCorr |
| 0.91 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.9 | T | ATT Inc Fiscal Year End 22nd of January 2025 | PairCorr |
Moving against VMG Stock
| 0.93 | VWAGY | Volkswagen AG 110 | PairCorr |
| 0.92 | DPSTF | Deutsche Post AG | PairCorr |
| 0.91 | VLKAF | Volkswagen AG | PairCorr |
| 0.91 | VWAPY | Volkswagen AG Pref | PairCorr |
| 0.87 | KO | Coca Cola Fiscal Year End 11th of February 2025 | PairCorr |
| 0.87 | PFE | Pfizer Inc Fiscal Year End 4th of February 2025 | PairCorr |
| 0.86 | VLKPF | Volkswagen AG VZO | PairCorr |
| 0.84 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.58 | GE | GE Aerospace Sell-off Trend | PairCorr |
| 0.51 | DD | Dupont De Nemours Fiscal Year End 4th of February 2025 | PairCorr |
| 0.32 | VZ | Verizon Communications Fiscal Year End 28th of January 2025 | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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 VMG Stock performing well and VMG Consumer 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 VMG Consumer'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| AOAO | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| ATAQF | 690.00 | 406.37 | 6.42 | (48.19) | 112.48 | 900.00 | 9,999 | |||
| APNCW | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| AVNY | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| AACIU | 0.92 | (0.07) | 0.00 | (0.09) | 0.00 | 4.19 | 19.47 | |||
| ENGA | 7.89 | (0.59) | 0.00 | (0.30) | 0.00 | 21.43 | 89.66 | |||
| DSAQ | 0.09 | 0.03 | (0.30) | 4.85 | 0.00 | 0.38 | 0.94 | |||
| PACI | 0.09 | 0.02 | (0.33) | 1.31 | 0.00 | 0.29 | 0.76 | |||
| CHAA | 3.67 | 0.02 | 0.00 | 0.06 | 0.00 | 7.23 | 62.25 |
VMG Consumer 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 VMG Consumer stock to make a market-neutral strategy. Peer analysis of VMG Consumer could also be used in its relative valuation, which is a method of valuing VMG Consumer by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Still Interested in VMG Consumer Acquisition?
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