Graf Global Correlations

GRAF Stock

USD 10.04 0.01 0.1%

The current 90-days correlation between Graf Global Corp and Voyager Acquisition Corp is -0.09 (i.e., Good diversification). The correlation of Graf Global 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.

Graf Global Correlation With Market

Good diversification

The correlation between Graf Global Corp and DJI is -0.01 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Graf Global Corp and DJI in the same portfolio, assuming nothing else is changed.

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Graf Global Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Moving together with Graf Stock

0.73	DSAQ	Direct Selling Acqui	Pair Corr
0.62	NOVVU	Nova Vision Acquisition	Pair Corr
0.64	FRLAU	Fortune Rise Acquisition	Pair Corr
0.72	ALF	Centurion Acquisition	Pair Corr

Moving against Graf Stock

0.62	BRACR	Broad Capital Acquisition	Pair Corr
0.53	IMAQR	International Media	Pair Corr
0.47	IMAQU	International Media	Pair Corr
0.46	FIAC	Focus Impact Acquisition Symbol Change	Pair Corr
0.38	IMAQW	International Media	Pair Corr
0.65	BCSAW	Blockchain Coinvestors	Pair Corr
0.62	IRAA	Iris Acquisition Corp	Pair Corr
0.59	QOMOU	Qomolangma Acquisition	Pair Corr
0.52	BUJAR	Bukit Jalil Global	Pair Corr
0.51	INTEW	Integral Acquisition	Pair Corr
0.49	APXIU	APx Acquisition Corp	Pair Corr
0.42	FTIIW	FUTURETECH II ACQUISITION	Pair Corr
0.38	AQUNR	AQUARON ACQUISITION	Pair Corr
0.37	SWSSU	Springwater Special	Pair Corr
0.31	INAQW	Insight Acquisition Corp	Pair Corr

Related Correlations Analysis

	VACH	YHNAU	NOEMU	VCIC	DTSQ	DUET	BRACR	BACQU	EURK
VACH		0.37	-0.1	-0.5	0.26	0.27	-0.15	-0.5	-0.03	VACH
YHNAU	0.37		-0.49	-0.27	0.89	0.58	-0.01	-0.79	-0.16	YHNAU
NOEMU	-0.1	-0.49		-0.34	-0.36	-0.37	0.07	-0.19	-0.04	NOEMU
VCIC	-0.5	-0.27	-0.34		-0.28	-0.24	0.26	-0.47	-0.08	VCIC
DTSQ	0.26	0.89	-0.36	-0.28		0.52	-0.02	-0.74	-0.21	DTSQ
DUET	0.27	0.58	-0.37	-0.24	0.52		-0.1	-0.76	0.1	DUET
BRACR	-0.15	-0.01	0.07	0.26	-0.02	-0.1		0.26	-0.09	BRACR
BACQU	-0.5	-0.79	-0.19	-0.47	-0.74	-0.76	0.26		-0.11	BACQU
EURK	-0.03	-0.16	-0.04	-0.08	-0.21	0.1	-0.09	-0.11		EURK
	VACH	YHNAU	NOEMU	VCIC	DTSQ	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

DTSQ	+ 0.89	YHNAU
DUET	+ 0.58	YHNAU
DUET	+ 0.52	DTSQ
YHNAU	+ 0.37	VACH
DUET	+ 0.27	VACH
DTSQ	+ 0.26	VACH

High negative correlations

BACQU	- 0.79	YHNAU
BACQU	- 0.76	DUET
BACQU	- 0.74	DTSQ
BACQU	- 0.5	VACH
VCIC	- 0.5	VACH
NOEMU	- 0.49	YHNAU

Risk-Adjusted Indicators

There is a big difference between Graf Stock performing well and Graf Global 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 Graf Global'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	(0.52)	0.18	0.04	(0.18)	0.20	(0.20)	1.09
YHNAU	0.08	0.01	(0.39)	0.54	0.00	(0.17)	0.20	(0.10)	0.89
NOEMU	0.05	0.00	0.00	(1.31)	0.00	0.00	0.10	(0.10)	0.20
VCIC	0.05	0.01	0.00	(0.33)	0.00	0.00	0.10	(0.10)	0.30
DTSQ	0.05	0.00	0.00	0.00	0.00	0.00	0.20	(0.10)	0.50
DUET	0.04	(0.01)	0.00	(0.01)	0.00	0.00	0.00	0.00	1.06
BRACR	6.52	0.32	0.03	0.25	8.82	(15.97)	18.18	(15.38)	67.84
BACQU	0.09	0.02	(0.93)	(0.19)	0.00	(0.22)	0.20	(0.10)	0.30
EURK	0.05	0.01	(0.80)	(0.36)	0.00	(0.14)	0.20	(0.10)	0.40

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