Motive Capital Correlations
| MTVCDelisted Stock | USD 10.51 0.01 0.1% |
The current 90-days correlation between Motive Capital Corp and Iconic Sports Acquisition is -0.24 (i.e., Very good diversification). The correlation of Motive 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.
Motive Capital Correlation With Market
Weak diversification
The correlation between Motive Capital Corp and DJI is 0.33 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Motive Capital Corp and DJI in the same portfolio, assuming nothing else is changed.
Motive |
Moving together with Motive Stock
| 0.89 | ROIC | Retail Opportunity | PairCorr |
| 0.88 | HAFC | Hanmi Financial Fiscal Year End 28th of January 2025 | PairCorr |
| 0.9 | TGTX | TG Therapeutics | PairCorr |
| 0.88 | CNOBP | ConnectOne Bancorp | PairCorr |
| 0.8 | HWC | Hancock Whitney Corp Fiscal Year End 21st of January 2025 | PairCorr |
| 0.93 | YPF | YPF Sociedad Anonima | PairCorr |
| 0.91 | AS | Amer Sports, | PairCorr |
| 0.84 | ZION | Zions Bancorporation Fiscal Year End 27th of January 2025 | PairCorr |
| 0.83 | PETS | PetMed Express | PairCorr |
| 0.94 | GLPPRB | Global Partners LP | PairCorr |
| 0.84 | ZWS | Zurn Elkay Water | PairCorr |
| 0.83 | FRME | First Merchants Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.94 | PWOD | Penns Woods Bancorp | PairCorr |
Moving against Motive Stock
| 0.96 | PKX | POSCO Holdings | PairCorr |
| 0.68 | PTAIY | Astra International Tbk | PairCorr |
| 0.66 | EC | Ecopetrol SA ADR | PairCorr |
| 0.73 | MEDS | Trxade Group Symbol Change | PairCorr |
| 0.38 | WDLF | Social Life Network | PairCorr |
| 0.47 | 251566AA3 | DT 3625 21 | PairCorr |
| 0.46 | CREVW | Carbon Revolution Public | PairCorr |
| 0.36 | BYDDY | BYD Co | 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 Motive Stock performing well and Motive 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 Motive 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ICNC | 0.06 | 0.02 | 0.00 | (1.06) | 0.00 | 0.19 | 0.38 | |||
| EOCW | 0.07 | 0.01 | (0.12) | 1.17 | 0.00 | 0.19 | 0.68 | |||
| CNDA | 0.19 | (0.04) | 0.00 | (0.40) | 0.00 | 0.29 | 5.54 | |||
| HWKZ | 0.18 | 0.01 | (0.04) | 1.78 | 0.27 | 0.39 | 3.19 | |||
| AOGO | 0.21 | (0.02) | 0.00 | (0.18) | 0.00 | 0.55 | 2.65 | |||
| BWC | 0.10 | 0.03 | (0.04) | 1.17 | 0.00 | 0.20 | 1.60 | |||
| MARXU | 2.43 | (0.73) | 0.00 | (0.36) | 0.00 | 1.69 | 23.07 | |||
| ISRL | 0.12 | 0.01 | (0.09) | 1.33 | 0.00 | 0.36 | 1.06 | |||
| GODNU | 0.78 | 0.05 | 0.00 | (0.51) | 1.42 | 4.13 | 15.08 | |||
| LGVC | 0.37 | 0.00 | (0.02) | 0.13 | 0.73 | 0.67 | 9.80 |
Motive 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 Motive Capital stock to make a market-neutral strategy. Peer analysis of Motive Capital could also be used in its relative valuation, which is a method of valuing Motive Capital by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Motive Capital Corporate Management
| CPA CPA | CFO Director | Profile | |
| Jill Considine | Independent Director | Profile | |
| Paula Madoff | Independent Director | Profile | |
| Paul Heyvaert | Ex CEO | Profile | |
| Dina Dublon | Independent Director | Profile | |
| Blythe Masters | President | Profile |
Still Interested in Motive Capital Corp?
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.