Screaming Eagle Correlations

Summary

SCRMDelisted Stock

USD 10.36 0.02 0.19%

The current 90-days correlation between Screaming Eagle Acqu and XPAC Acquisition Corp is 0.1 (i.e., Average diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Screaming Eagle moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Screaming Eagle Acquisition moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

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 metropolitan statistical area.

Moving together with Screaming Stock

0.81	MBFJF	Mitsubishi UFJ Financial	Pair Corr
0.87	MZHOF	Mizuho Financial	Pair Corr
0.9	PYPL	PayPal Holdings Aggressive Push	Pair Corr
0.73	AA	Alcoa Corp Fiscal Year End 15th of January 2025	Pair Corr
0.69	HD	Home Depot	Pair Corr
0.93	JPM	JPMorgan Chase Fiscal Year End 10th of January 2025	Pair Corr
0.9	AXP	American Express Fiscal Year End 24th of January 2025	Pair Corr
0.94	BAC	Bank of America Fiscal Year End 10th of January 2025	Pair Corr
0.9	T	ATT Inc Fiscal Year End 22nd of January 2025	Pair Corr
0.91	CSCO	Cisco Systems	Pair Corr

Moving against Screaming Stock

0.94	BKRKY	Bank Rakyat	Pair Corr
0.94	PPERY	Bank Mandiri Persero	Pair Corr
0.92	PFE	Pfizer Inc Fiscal Year End 4th of February 2025	Pair Corr
0.87	PPERF	Bank Mandiri Persero	Pair Corr
0.86	MRK	Merck Company Fiscal Year End 6th of February 2025	Pair Corr
0.83	PBCRY	Bank Central Asia	Pair Corr
0.79	PTBRY	Bank Negara Indonesia	Pair Corr
0.76	BKRKF	PT Bank Rakyat	Pair Corr
0.46	DD	Dupont De Nemours Fiscal Year End 4th of February 2025	Pair Corr
0.43	MMM	3M Company Fiscal Year End 28th of January 2025	Pair Corr
0.36	VZ	Verizon Communications Fiscal Year End 28th of January 2025	Pair Corr

Related Correlations Analysis

	SPCMU	JAQCU	WAVS	XPAX	NCAC	FLFV	GMFIU
SPCMU		0.35	0.12	0.39	0.45	0.01	0.22	SPCMU
JAQCU	0.35		0.11	0.85	0.89	-0.49	0.54	JAQCU
WAVS	0.12	0.11		0.25	0.24	0.09	0.36	WAVS
XPAX	0.39	0.85	0.25		0.92	-0.44	0.59	XPAX
NCAC	0.45	0.89	0.24	0.92		-0.44	0.66	NCAC
FLFV	0.01	-0.49	0.09	-0.44	-0.44		-0.25	FLFV
GMFIU	0.22	0.54	0.36	0.59	0.66	-0.25		GMFIU
	SPCMU	JAQCU	WAVS	XPAX	NCAC	FLFV	GMFIU

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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

NCAC	+ 0.92	XPAX
NCAC	+ 0.89	JAQCU
XPAX	+ 0.85	JAQCU
GMFIU	+ 0.66	NCAC
GMFIU	+ 0.59	XPAX
GMFIU	+ 0.54	JAQCU

High negative correlations

FLFV	- 0.49	JAQCU
FLFV	- 0.44	NCAC
FLFV	- 0.44	XPAX
GMFIU	- 0.25	FLFV

Risk-Adjusted Indicators

There is a big difference between Screaming Stock performing well and Screaming Eagle 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 Screaming Eagle'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
SPCMU	0.22	0.03	(0.04)	(0.18)	0.55	(0.60)	0.47	(0.38)	8.48
JAQCU	0.09	0.03	0.00	6.45	0.00	0.00	0.39	0.00	1.38
WAVS	1.10	0.13	0.00	(0.25)	1.52	(2.11)	3.35	(3.25)	12.07
XPAX	0.06	0.01	0.00	(0.49)	0.00	0.00	0.19	(0.10)	0.68
NCAC	0.16	0.05	0.00	(4.13)	0.00	0.00	0.65	(0.45)	2.45
FLFV	3.97	(2.04)	0.00	(1.67)	0.00	0.00	0.83	(16.10)	78.38
GMFIU	0.63	0.02	(0.02)	(0.05)	1.14	(2.60)	3.07	(2.62)	9.13

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

Sound Point Acquisition Jupiter Acquisition Corp Western Acquisition Ventures XPAC Acquisition Corp Newcourt Acquisition Corp Feutune Light Acquisition Aetherium Acquisition Corp American Airlines Group Alcoa Corp Apple Inc Best Buy Co Citigroup SentinelOne CVS Health Corp Chevron Corp

Risk & Return

Correlation

Still Interested in Screaming Eagle 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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