CF Acquisition Correlations
The current 90-days correlation between CF Acquisition Corp and CONX Corp is -0.11 (i.e., Good diversification). The correlation of CF 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.
CF Acquisition Correlation With Market
Significant diversification
The correlation between CF Acquisition Corp and NYA is 0.06 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding CF Acquisition Corp and NYA in the same portfolio, assuming nothing else is changed.
CFIVW |
Moving together with CFIVW Stock
| 0.75 | NFPDF | Nissin Foods Holdings | PairCorr |
| 0.71 | NDEKY | Nitto Denko Corp | PairCorr |
| 0.77 | CSCO | Cisco Systems Financial Report 21st of August 2024 | PairCorr |
| 0.63 | CAT | Caterpillar Financial Report 6th of August 2024 | PairCorr |
| 0.69 | DIS | Walt Disney Sell-off Trend | PairCorr |
Moving against CFIVW Stock
| 0.76 | FUWAF | Furukawa Electric Earnings Call This Week | PairCorr |
| 0.74 | HPQ | HP Inc Fiscal Year End 19th of November 2024 | PairCorr |
| 0.74 | WMT | Walmart Aggressive Push | PairCorr |
| 0.67 | MMM | 3M Company Financial Report 23rd of July 2024 | PairCorr |
| 0.66 | BAC | Bank of America Sell-off Trend | PairCorr |
| 0.64 | KO | Coca Cola Financial Report 24th of July 2024 | PairCorr |
| 0.6 | YAMHF | Yamaha Motor | PairCorr |
| 0.54 | PG | Procter Gamble Financial Report 26th of July 2024 | PairCorr |
| 0.46 | MRK | Merck Company Financial Report 6th of August 2024 | PairCorr |
| 0.46 | GE | GE Aerospace Financial Report 23rd of July 2024 | PairCorr |
| 0.45 | PFE | Pfizer Inc Financial Report 6th of August 2024 | PairCorr |
| 0.4 | DAIUF | Daifuku Earnings Call This Week | PairCorr |
Related Correlations Analysis
| -0.26 | 0.02 | 0.17 | -0.25 | CFIV | ||
| -0.26 | -0.15 | 0.29 | -0.09 | CONXW | ||
| 0.02 | -0.15 | -0.43 | -0.54 | COOLW | ||
| 0.17 | 0.29 | -0.43 | 0.41 | ALTUW | ||
| -0.25 | -0.09 | -0.54 | 0.41 | SNRHW | ||
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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 CFIVW Stock performing well and CF 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 CF 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CFIV | 0.13 | (0.01) | 0.00 | (0.21) | 0.00 | 0.38 | 2.33 | |||
| CONXW | 12.39 | 1.21 | 0.06 | (26.06) | 14.27 | 30.00 | 151.79 | |||
| COOLW | 11.28 | 2.41 | 0.15 | (0.91) | 10.88 | 33.33 | 121.26 | |||
| ALTUW | 11.14 | (0.32) | 0.00 | (0.26) | 0.00 | 50.00 | 157.95 | |||
| SNRHW | 14.79 | (2.98) | 0.00 | 0.71 | 0.00 | 33.11 | 156.41 |
CF 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 CF Acquisition stock to make a market-neutral strategy. Peer analysis of CF Acquisition could also be used in its relative valuation, which is a method of valuing CF Acquisition by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Still Interested in CF 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.