Oxbridge Acquisition Correlations

Summary

OXACDelisted Stock

USD 11.06 0.00 0.00%

The current 90-days correlation between Oxbridge Acquisition Corp and OCA Acquisition Corp is -0.14 (i.e., Good diversification). The correlation of Oxbridge 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.

Oxbridge Acquisition Correlation With Market

Very good diversification

The correlation between Oxbridge Acquisition Corp and DJI is -0.28 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Oxbridge Acquisition Corp and DJI in the same portfolio, assuming nothing else is changed.

Check out Your Equity Center 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 nation.

Moving together with Oxbridge Stock

0.61	PYPL	PayPal Holdings Aggressive Push	Pair Corr
0.65	JPM	JPMorgan Chase Fiscal Year End 10th of January 2025	Pair Corr
0.63	BAC	Bank of America Fiscal Year End 10th of January 2025	Pair Corr
0.64	T	ATT Inc Fiscal Year End 22nd of January 2025	Pair Corr
0.67	CSCO	Cisco Systems	Pair Corr

Moving against Oxbridge Stock

0.8	MRK	Merck Company Fiscal Year End 6th of February 2025	Pair Corr
0.77	BKRKY	Bank Rakyat	Pair Corr
0.74	PPERY	Bank Mandiri Persero	Pair Corr
0.67	MMM	3M Company Fiscal Year End 28th of January 2025	Pair Corr
0.66	PFE	Pfizer Inc Fiscal Year End 4th of February 2025	Pair Corr
0.65	PPERF	Bank Mandiri Persero	Pair Corr
0.65	VZ	Verizon Communications Fiscal Year End 28th of January 2025	Pair Corr
0.61	PBCRY	Bank Central Asia	Pair Corr
0.61	PTBRY	Bank Negara Indonesia	Pair Corr
0.49	BKRKF	PT Bank Rakyat	Pair Corr
0.44	DD	Dupont De Nemours Fiscal Year End 4th of February 2025	Pair Corr
0.32	MCD	McDonalds Sell-off Trend	Pair Corr

Related Correlations Analysis

	OCAX	PFTA	IVCPU	FORLU	ASCBU	LIVB	IXAQ	DHCA	LATG
OCAX		0.26	0.23	0.23	0.41	0.77	0.47	0.43	0.74	OCAX
PFTA	0.26		0.05	0.09	0.14	0.21	0.13	0.21	0.28	PFTA
IVCPU	0.23	0.05		-0.08	0.31	0.0	0.22	-0.07	0.0	IVCPU
FORLU	0.23	0.09	-0.08		-0.01	0.57	-0.02	0.24	0.6	FORLU
ASCBU	0.41	0.14	0.31	-0.01		0.34	0.61	0.19	0.46	ASCBU
LIVB	0.77	0.21	0.0	0.57	0.34		0.28	0.34	0.92	LIVB
IXAQ	0.47	0.13	0.22	-0.02	0.61	0.28		0.35	0.46	IXAQ
DHCA	0.43	0.21	-0.07	0.24	0.19	0.34	0.35		0.39	DHCA
LATG	0.74	0.28	0.0	0.6	0.46	0.92	0.46	0.39		LATG
	OCAX	PFTA	IVCPU	FORLU	ASCBU	LIVB	IXAQ	DHCA	LATG

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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

LATG	+ 0.92	LIVB
LIVB	+ 0.77	OCAX
LATG	+ 0.74	OCAX
IXAQ	+ 0.61	ASCBU
LATG	+ 0.6	FORLU
LIVB	+ 0.57	FORLU

High negative correlations

FORLU	- 0.08	IVCPU
DHCA	- 0.07	IVCPU
IXAQ	- 0.02	FORLU
ASCBU	- 0.01	FORLU
LATG	- 0.0	IVCPU
LIVB	- 0.0	IVCPU

Risk-Adjusted Indicators

There is a big difference between Oxbridge Stock performing well and Oxbridge 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 Oxbridge 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
OCAX	0.31	0.00	(0.10)	0.08	0.42	(0.48)	0.82	(1.07)	3.26
PFTA	1.10	0.02	(0.03)	2.85	1.74	(1.67)	2.68	(3.57)	17.35
IVCPU	1.27	(0.22)	0.00	(1.47)	0.00	0.00	2.36	(2.25)	35.28
FORLU	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.09
ASCBU	1.25	0.04	(0.01)	0.43	1.60	(3.80)	4.33	(4.35)	15.82
LIVB	0.09	0.01	(0.37)	0.45	0.00	(0.19)	0.29	(0.19)	0.67
IXAQ	0.24	0.01	(0.06)	0.18	0.42	(0.92)	0.61	(0.52)	7.14
DHCA	0.28	0.03	(0.06)	(0.48)	0.43	(0.79)	1.18	(0.78)	4.81
LATG	0.07	0.03	0.00	(5.26)	0.00	0.00	0.26	0.00	0.94

View Oxbridge Acquisition Related Equities

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Risk & Return

Correlation

Still Interested in Oxbridge Acquisition 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.

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