Stratim Cloud Correlations

Summary

SCAQUDelisted Stock

USD 10.16 0.00 0.00%

The correlation of Stratim Cloud 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. If the correlation is 0, the equities are not correlated; they are entirely random.

Stratim Cloud Correlation With Market

Good diversification

The correlation between Stratim Cloud Acquisition and DJI is -0.13 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Stratim Cloud Acquisition and DJI in the same portfolio, assuming nothing else is changed.

Check out World Market Map 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 Stratim Stock

0.66	EC	Ecopetrol SA ADR Sell-off Trend	Pair Corr
0.62	PKX	POSCO Holdings	Pair Corr

Moving against Stratim Stock

0.73	SSNLF	Samsung Electronics	Pair Corr
0.7	JPM	JPMorgan Chase Sell-off Trend	Pair Corr
0.69	AA	Alcoa Corp Fiscal Year End 15th of January 2025	Pair Corr
0.68	PTAIF	PT Astra International	Pair Corr
0.66	BAC	Bank of America Aggressive Push	Pair Corr
0.61	TRV	The Travelers Companies Fiscal Year End 17th of January 2025	Pair Corr
0.57	AXP	American Express Fiscal Year End 24th of January 2025	Pair Corr
0.55	CAT	Caterpillar Fiscal Year End 3rd of February 2025	Pair Corr
0.53	PHJMF	PT Hanjaya Mandala	Pair Corr
0.51	INTC	Intel Fiscal Year End 23rd of January 2025	Pair Corr
0.48	WMT	Walmart Aggressive Push	Pair Corr
0.47	DIS	Walt Disney Sell-off Trend	Pair Corr

Related Correlations Analysis

	DTOCU	LCAAU	SDACU	PLMIU	PMGMU
DTOCU		0.73	0.59	-0.2	-0.56	DTOCU
LCAAU	0.73		0.62	-0.19	-0.72	LCAAU
SDACU	0.59	0.62		-0.58	-0.64	SDACU
PLMIU	-0.2	-0.19	-0.58		0.22	PLMIU
PMGMU	-0.56	-0.72	-0.64	0.22		PMGMU
	DTOCU	LCAAU	SDACU	PLMIU	PMGMU

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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

LCAAU	+ 0.73	DTOCU
SDACU	+ 0.62	LCAAU
SDACU	+ 0.59	DTOCU
PMGMU	+ 0.22	PLMIU

High negative correlations

PMGMU	- 0.72	LCAAU
PMGMU	- 0.64	SDACU
PLMIU	- 0.58	SDACU
PMGMU	- 0.56	DTOCU
PLMIU	- 0.2	DTOCU
PLMIU	- 0.19	LCAAU

Risk-Adjusted Indicators

There is a big difference between Stratim Stock performing well and Stratim Cloud 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 Stratim Cloud'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
DTOCU	0.41	(0.06)	0.00	0.52	0.00	0.00	0.60	(0.60)	8.89
LCAAU	0.09	(0.01)	0.00	(0.17)	0.00	0.00	0.28	0.00	2.29
SDACU	0.23	0.03	(0.10)	(0.47)	0.29	(0.63)	1.09	(1.06)	2.75
PLMIU	2.29	(0.09)	0.00	0.22	0.00	0.00	7.51	(7.75)	45.61
PMGMU	2.30	0.00	0.03	0.00	3.15	(6.14)	3.65	(4.52)	22.77

Stratim Cloud 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 Stratim Cloud stock to make a market-neutral strategy. Peer analysis of Stratim Cloud could also be used in its relative valuation, which is a method of valuing Stratim Cloud by comparing valuation metrics with similar companies.

Digital Transformation Opportunities L Catterton Asia Sustainable Development Acquisition Plum Acquisition I Priveterra Acquisition Corp American Airlines Group Alcoa Corp Apple Inc Best Buy Co Citigroup SentinelOne CVS Health Corp Chevron Corp Home Depot International Business Machines

Risk & Return

Correlation

Still Interested in Stratim Cloud 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.

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