Portage Fintech Correlations

PFTADelisted Stock  USD 10.76  0.00  0.00%   
The current 90-days correlation between Portage Fintech Acqu and ClimateRock Class A is -0.21 (i.e., Very good diversification). The correlation of Portage Fintech 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.
  
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Moving against Portage Stock

  0.33BRKHU BurTech Acquisition CorpPairCorr
  0.47IMAQR International MediaPairCorr

Related Correlations Analysis

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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   
BRKHCLRC
NUBIBRKH
NUBICLRC
NUBIACAC
BRKHACAC
ACACCLRC
  
High negative correlations   
AOAOAVNY
ATAQFDHAC
NUBIAOAO
NUBIAPNCW
AOAOAPNCW
AOAOATAQF

Risk-Adjusted Indicators

There is a big difference between Portage Stock performing well and Portage Fintech 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 Portage Fintech'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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
CLRC  0.05  0.02  0.00  4.73  0.00 
 0.09 
 0.86 
DHAC  3.71  0.17  0.02  0.34  4.64 
 11.52 
 39.15 
ACAC  2.20 (0.04)(0.01) 0.05  3.84 
 12.07 
 30.82 
BRKH  0.12  0.04 (0.25)(0.76) 0.00 
 0.44 
 0.88 
AVNY  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
ATAQF  690.00  433.91  6.42 (1.30) 112.48 
 900.00 
 9,999 
APNCW  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
AOAO  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
NUBI  0.17  0.01 (0.19)(0.50) 0.18 
 0.57 
 1.42 

Portage Fintech 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 Portage Fintech stock to make a market-neutral strategy. Peer analysis of Portage Fintech could also be used in its relative valuation, which is a method of valuing Portage Fintech by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Portage Fintech Corporate Management

Still Interested in Portage Fintech 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.