Cetus Capital Correlations
| CETUDelisted Stock | 11.41 0.00 0.00% |
The current 90-days correlation between Cetus Capital Acquisition and Universal Technical Institute is -0.09 (i.e., Good diversification). The correlation of Cetus Capital 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.
Cetus Capital Correlation With Market
Good diversification
The correlation between Cetus Capital 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 Cetus Capital Acquisition and DJI in the same portfolio, assuming nothing else is changed.
Cetus |
Moving together with Cetus Stock
| 0.61 | PPERY | Bank Mandiri Persero | PairCorr |
| 0.7 | PPERF | Bank Mandiri Persero | PairCorr |
| 0.69 | PFE | Pfizer Inc Fiscal Year End 4th of February 2025 | PairCorr |
Moving against Cetus Stock
| 0.82 | MZHOF | Mizuho Financial | PairCorr |
| 0.71 | T | ATT Inc Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.69 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.66 | JPHLF | Japan Post Holdings | PairCorr |
| 0.65 | BAC | Bank of America Fiscal Year End 10th of January 2025 | PairCorr |
| 0.64 | JPM | JPMorgan Chase Fiscal Year End 10th of January 2025 | PairCorr |
| 0.62 | JPSTF | JAPAN POST BANK | PairCorr |
| 0.62 | PYPL | PayPal Holdings Aggressive Push | PairCorr |
| 0.61 | MBFJF | Mitsubishi UFJ Financial | PairCorr |
| 0.56 | HD | Home Depot | PairCorr |
| 0.55 | CSCO | Cisco Systems | PairCorr |
| 0.47 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
| 0.36 | IBM | International Business Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.35 | MSFT | Microsoft | 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 Cetus Stock performing well and Cetus Capital 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 Cetus Capital'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| UTI | 1.97 | 0.48 | 0.26 | 0.27 | 1.74 | 4.59 | 27.29 | |||
| PINS | 1.72 | 0.02 | 0.00 | 0.11 | 3.26 | 3.06 | 17.91 | |||
| SOC | 3.81 | (0.07) | 0.00 | 0.06 | 5.74 | 6.52 | 32.69 | |||
| SCHL | 2.04 | (0.44) | 0.00 | (0.13) | 0.00 | 5.42 | 14.40 | |||
| DKDRF | 1.03 | 0.27 | 0.04 | (1.80) | 1.14 | 2.89 | 22.23 | |||
| COUR | 2.07 | (0.02) | 0.01 | 0.08 | 2.61 | 5.23 | 19.52 | |||
| AXR | 2.64 | 0.78 | 0.32 | 1.13 | 1.90 | 8.28 | 23.58 | |||
| ACCO | 1.76 | 0.08 | 0.06 | 0.14 | 1.75 | 4.87 | 11.68 |
Cetus Capital 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 Cetus Capital stock to make a market-neutral strategy. Peer analysis of Cetus Capital could also be used in its relative valuation, which is a method of valuing Cetus Capital by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Cetus Capital Corporate Executives
Elected by the shareholders, the Cetus Capital's board of directors comprises two types of representatives: Cetus Capital inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Cetus. The board's role is to monitor Cetus Capital's management team and ensure that shareholders' interests are well served. Cetus Capital'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, Cetus Capital's outside directors are responsible for providing unbiased perspectives on the board's policies.
| ChengNan Wu | Secretary, CFO | Profile |
Still Interested in Cetus Capital 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.