ESGEN Acquisition Correlations
| ESACWDelisted Stock | USD 0.11 0.00 0.00% |
The current 90-days correlation between ESGEN Acquisition and Fat Projects Acquisition is 0.05 (i.e., Significant diversification). The correlation of ESGEN 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.
ESGEN Acquisition Correlation With Market
Modest diversification
The correlation between ESGEN Acquisition and DJI is 0.21 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding ESGEN Acquisition and DJI in the same portfolio, assuming nothing else is changed.
ESGEN |
Moving against ESGEN Stock
| 0.56 | PTBRY | Bank Negara Indonesia | PairCorr |
| 0.53 | PPERY | Bank Mandiri Persero | PairCorr |
| 0.51 | BKRKY | Bank Rakyat | PairCorr |
| 0.5 | PBCRY | Bank Central Asia | PairCorr |
| 0.45 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.44 | BKRKF | PT Bank Rakyat | PairCorr |
| 0.44 | PFE | Pfizer Inc Fiscal Year End 4th of February 2025 | PairCorr |
| 0.41 | PPERF | Bank Mandiri Persero | PairCorr |
Related Correlations Analysis
| -0.05 | -0.19 | -0.25 | -0.23 | FATPW | ||
| -0.05 | -0.14 | -0.32 | 0.38 | FIACW | ||
| -0.19 | -0.14 | 0.34 | 0.11 | DTOCW | ||
| -0.25 | -0.32 | 0.34 | 0.0 | ERESW | ||
| -0.23 | 0.38 | 0.11 | 0.0 | DUNEW | ||
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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 ESGEN Stock performing well and ESGEN 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 ESGEN 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| FATPW | 11.64 | 1.26 | 0.09 | (1.42) | 11.28 | 27.50 | 67.42 | |||
| FIACW | 12.64 | 0.01 | 0.00 | 0.09 | 0.00 | 37.50 | 123.04 | |||
| DTOCW | 14.93 | 3.46 | 0.18 | 0.96 | 15.27 | 31.73 | 106.57 | |||
| ERESW | 10.29 | 1.89 | 0.12 | (1.33) | 9.97 | 33.33 | 77.50 | |||
| DUNEW | 17.12 | 4.53 | 0.31 | 1.14 | 11.95 | 40.19 | 198.66 |
Delisting Warning - ESACW
ESGEN Acquisition was delisted
| The entity ESGEN Acquisition with a symbol ESACW was delisted from NASDAQ Exchange. Please try Zeo Energy Corp with a symbol ZEOWW from now on. Check all delisted instruments accross multiple markets. |
Still Interested in ESGEN 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.