Cantor Equity Correlations

CEP Stock

10.21 0.05 0.49%

The current 90-days correlation between Cantor Equity Partners, and Voyager Acquisition Corp is -0.02 (i.e., Good diversification). The correlation of Cantor Equity 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.

Cantor Equity Correlation With Market

Good diversification

The correlation between Cantor Equity Partners, and DJI is -0.12 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Cantor Equity Partners, and DJI in the same portfolio, assuming nothing else is changed.

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cantor Equity Partners,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Moving together with Cantor Stock

0.8	DPCS	DP Cap Acquisition	Pair Corr
0.73	DSAQ	Direct Selling Acqui	Pair Corr
0.79	DUET	DUET Acquisition Corp	Pair Corr
0.62	OCAXW	OCA Acquisition Corp	Pair Corr
0.71	FRLAU	Fortune Rise Acquisition	Pair Corr
0.76	FHLT	Future Health Esg	Pair Corr
0.64	ALF	Centurion Acquisition	Pair Corr
0.73	CUB	Lionheart Holdings	Pair Corr
0.84	EVE	EVe Mobility Acquisition	Pair Corr
0.76	FLD	FTAC Emerald Acquisition Symbol Change	Pair Corr
0.93	FSHP	Flag Ship Acquisition	Pair Corr
0.92	GAQ	Generation Asia I	Pair Corr
0.64	GATE	Marblegate Acquisition	Pair Corr

Moving against Cantor Stock

0.62	IMAQR	International Media	Pair Corr
0.62	FIAC	Focus Impact Acquisition Symbol Change	Pair Corr
0.35	IMAQU	International Media	Pair Corr
0.33	IMAQW	International Media	Pair Corr
0.7	INAQU	Insight Acquisition Corp	Pair Corr
0.6	GHIX	Gores Holdings IX	Pair Corr
0.52	INTEW	Integral Acquisition	Pair Corr
0.44	GDST	Goldenstone Acquisition	Pair Corr
0.33	FTII	Futuretech II Acquisition	Pair Corr

Related Correlations Analysis

	VACH	NOEMU	VCIC	DUET	BRACR	BACQU	EURK
VACH		-0.1	-0.53	0.27	-0.3	-0.05	-0.03	VACH
NOEMU	-0.1		-0.38	-0.33	0.07	-0.47	-0.05	NOEMU
VCIC	-0.53	-0.38		-0.27	0.27	-0.02	-0.09	VCIC
DUET	0.27	-0.33	-0.27		-0.19	0.09	0.1	DUET
BRACR	-0.3	0.07	0.27	-0.19		0.08	-0.09	BRACR
BACQU	-0.05	-0.47	-0.02	0.09	0.08		0.02	BACQU
EURK	-0.03	-0.05	-0.09	0.1	-0.09	0.02		EURK
	VACH	NOEMU	VCIC	DUET	BRACR	BACQU	EURK

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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

DUET	+ 0.27	VACH
BRACR	+ 0.27	VCIC
EURK	+ 0.1	DUET
BACQU	+ 0.09	DUET
BACQU	+ 0.08	BRACR
BRACR	+ 0.07	NOEMU

High negative correlations

VCIC	- 0.53	VACH
BACQU	- 0.47	NOEMU
VCIC	- 0.38	NOEMU
DUET	- 0.33	NOEMU
BRACR	- 0.3	VACH
DUET	- 0.27	VCIC

Risk-Adjusted Indicators

There is a big difference between Cantor Stock performing well and Cantor Equity 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 Cantor Equity'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
VACH	0.09	0.00	(0.58)	(0.20)	0.04	(0.18)	0.20	(0.20)	1.09
NOEMU	0.06	0.01	0.00	(1.60)	0.00	0.00	0.10	(0.10)	0.20
VCIC	0.05	0.01	0.00	(0.36)	0.00	0.00	0.10	(0.10)	0.30
DUET	0.04	0.00	0.00	0.05	0.00	0.00	0.00	0.00	1.06
BRACR	5.91	(0.60)	0.00	(0.10)	0.00	0.00	16.67	(15.38)	67.84
BACQU	0.05	(0.02)	0.00	(3.20)	0.00	0.00	0.10	(0.10)	0.30
EURK	0.05	0.01	(0.92)	(0.31)	0.00	(0.14)	0.20	(0.10)	0.40

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