SportsMap Tech Correlations
| SMAPWDelisted Stock | USD 0.03 0 11.23% |
The current 90-days correlation between SportsMap Tech Acqui and Blockchain Moon Acquisition is -0.04 (i.e., Good diversification). The correlation of SportsMap Tech 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.
SportsMap Tech Correlation With Market
Good diversification
The correlation between SportsMap Tech Acquisition and DJI is -0.01 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding SportsMap Tech Acquisition and DJI in the same portfolio, assuming nothing else is changed.
SportsMap |
Moving against SportsMap Stock
| 0.66 | SSNLF | Samsung Electronics | PairCorr |
| 0.5 | PTAIF | PT Astra International | PairCorr |
| 0.47 | BAC | Bank of America Aggressive Push | PairCorr |
| 0.47 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
| 0.46 | JPM | JPMorgan Chase Sell-off Trend | PairCorr |
| 0.43 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.41 | PHJMF | PT Hanjaya Mandala | PairCorr |
| 0.41 | TRV | The Travelers Companies Fiscal Year End 17th of January 2025 | PairCorr |
| 0.4 | CAT | Caterpillar Fiscal Year End 3rd of February 2025 | PairCorr |
| 0.36 | WMT | Walmart Aggressive Push | PairCorr |
Related Correlations Analysis
| 0.51 | 0.35 | 0.22 | 0.55 | BMAQW | ||
| 0.51 | 0.26 | 0.16 | 0.28 | GATEW | ||
| 0.35 | 0.26 | 0.21 | 0.53 | FATPW | ||
| 0.22 | 0.16 | 0.21 | 0.09 | SLAMW | ||
| 0.55 | 0.28 | 0.53 | 0.09 | SLVRW | ||
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between SportsMap Stock performing well and SportsMap Tech 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 SportsMap Tech'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BMAQW | 28.64 | 4.66 | 0.19 | 0.59 | 25.49 | 60.26 | 504.52 | |||
| GATEW | 1.38 | 0.11 | 0.00 | 0.34 | 0.00 | 2.94 | 30.95 | |||
| FATPW | 11.64 | 1.11 | 0.08 | 2.01 | 11.28 | 27.50 | 67.42 | |||
| SLAMW | 13.01 | 1.30 | 0.04 | (0.26) | 14.57 | 27.78 | 89.71 | |||
| SLVRW | 9.58 | (0.18) | 0.00 | 0.21 | 0.00 | 31.25 | 100.97 |
Delisting Warning - SMAPW
SportsMap Tech Acqui was delisted
| The entity SportsMap Tech Acquisition with a symbol SMAPW was delisted from NASDAQ Exchange. Please try Infrared Cameras Holdings with a symbol MSAIW from now on. Check all delisted instruments accross multiple markets. |
Still Interested in SportsMap Tech 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.