Maquia Capital Correlations

Summary

MAQCDelisted Stock

USD 11.40 0.09 0.80%

The current 90-days correlation between Maquia Capital Acqui and Ross Acquisition II is -0.1 (i.e., Good diversification). The correlation of Maquia 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.

Maquia Capital Correlation With Market

Average diversification

The correlation between Maquia Capital Acquisition and DJI is 0.1 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Maquia Capital Acquisition and DJI in the same portfolio, assuming nothing else is changed.

Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.

Moving together with Maquia Stock

0.84	DIST	Distoken Acquisition	Pair Corr
0.69	YHNAU	YHN Acquisition I	Pair Corr
0.66	DPCS	DP Cap Acquisition	Pair Corr
0.84	DSAQ	Direct Selling Acqui	Pair Corr
0.76	DTSQ	DT Cloud Star	Pair Corr
0.68	DUET	DUET Acquisition Corp	Pair Corr
0.71	DYCQ	DT Cloud Acquisition	Pair Corr
0.8	EMCG	Embrace Change Acqui	Pair Corr
0.79	ESHA	ESH Acquisition Corp	Pair Corr
0.88	EURK	Eureka Acquisition Corp	Pair Corr
0.74	EVGR	Evergreen Corp	Pair Corr
0.62	ANSCW	Agriculture Natural	Pair Corr
0.81	OCAXW	OCA Acquisition Corp	Pair Corr

Moving against Maquia Stock

0.65	BRKHU	BurTech Acquisition Corp	Pair Corr
0.63	ROCLU	Roth CH Acquisition	Pair Corr
0.47	PWUPW	PowerUp Acquisition Corp	Pair Corr
0.44	BRACR	Broad Capital Acquisition	Pair Corr
0.39	PWUPU	PowerUp Acquisition Corp	Pair Corr
0.34	TETEW	Technology Telecommunicatio	Pair Corr
0.34	HHGCU	HHG Capital Corp	Pair Corr
0.33	BRACU	Broad Capital Acquisition	Pair Corr
0.71	WAVSW	Western Acquisition	Pair Corr
0.68	IMAQR	International Media	Pair Corr
0.57	IMAQU	International Media	Pair Corr
0.52	IMAQW	International Media	Pair Corr
0.31	GDSTW	Goldenstone Acquisition	Pair Corr

Related Correlations Analysis

	ROSS	SYM	AVACU	XPDB	LGST	CETU	CCAIW	BLNGW	USCTW
ROSS		0.49	0.43	0.58	-0.11	-0.72	0.18	-0.87	-0.67	ROSS
SYM	0.49		0.11	0.5	-0.29	-0.39	-0.07	-0.56	-0.53	SYM
AVACU	0.43	0.11		0.4	-0.34	-0.22	0.19	-0.44	-0.38	AVACU
XPDB	0.58	0.5	0.4		-0.18	-0.35	-0.08	-0.64	-0.53	XPDB
LGST	-0.11	-0.29	-0.34	-0.18		-0.01	-0.37	-0.03	0.05	LGST
CETU	-0.72	-0.39	-0.22	-0.35	-0.01		-0.37	0.52	0.42	CETU
CCAIW	0.18	-0.07	0.19	-0.08	-0.37	-0.37		0.13	0.16	CCAIW
BLNGW	-0.87	-0.56	-0.44	-0.64	-0.03	0.52	0.13		0.69	BLNGW
USCTW	-0.67	-0.53	-0.38	-0.53	0.05	0.42	0.16	0.69		USCTW
	ROSS	SYM	AVACU	XPDB	LGST	CETU	CCAIW	BLNGW	USCTW

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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

USCTW	+ 0.69	BLNGW
XPDB	+ 0.58	ROSS
BLNGW	+ 0.52	CETU
XPDB	+ 0.5	SYM
SYM	+ 0.49	ROSS
AVACU	+ 0.43	ROSS

High negative correlations

BLNGW	- 0.87	ROSS
CETU	- 0.72	ROSS
USCTW	- 0.67	ROSS
BLNGW	- 0.64	XPDB
BLNGW	- 0.56	SYM
USCTW	- 0.53	XPDB

Risk-Adjusted Indicators

There is a big difference between Maquia Stock performing well and Maquia 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 Maquia 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
ROSS	0.13	0.03	(0.19)	1.60	0.00	(0.21)	0.38	(0.19)	1.24
SYM	4.32	0.48	0.07	0.30	6.84	(4.36)	11.38	(6.95)	63.53
AVACU	0.27	0.04	0.00	(0.60)	0.00	0.00	1.22	(0.95)	3.82
XPDB	0.21	0.00	(0.07)	0.09	0.54	(0.39)	0.29	(0.19)	7.94
LGST	0.50	0.02	(0.04)	0.56	0.76	(1.29)	1.33	(2.00)	8.50
CETU	15.15	5.23	0.25	(1.41)	9.85	(28.19)	10.81	(16.12)	142.19
CCAIW	18.02	3.52	0.13	(0.54)	18.15	(22.58)	49.08	(30.91)	148.40
BLNGW	40.03	9.19	0.23	(5.01)	30.14	(77.77)	146.00	(66.67)	495.20
USCTW	20.79	1.27	0.05	0.45	21.55	(37.71)	66.00	(43.02)	140.84

View Maquia Capital Related Equities

Ross Acquisition II Symbotic Avalon Acquisition Unit Power Digital Infrastructure Semper Paratus Acquisition Cetus Capital Acquisition Cascadia Acquisition Corp Belong Acquisition Corp TKB Critical Technologies Learn CW Investment Crescera Capital Acquisition Fat Projects Acquisition Jupiter Wellness Acquisition Roth CH Acquisition Minority Equality Opportunities

Risk & Return

Correlation

Maquia Capital Corporate Management

Jeronimo Peralta	Chief Officer	Profile
Maggie CFA	Chief Officer	Profile
Jeffrey Ransdell	Chief Officer	Profile
Guillermo Reyes	Chief Officer	Profile

Still Interested in Maquia Capital Acquisition?

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