Sizzle Acquisition Correlations
| SZZLWDelisted Stock | USD 0.19 0.02 9.52% |
The current 90-days correlation between Sizzle Acquisition Corp and Sizzle Acquisition Corp is 0.13 (i.e., Average diversification). The correlation of Sizzle 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. If the correlation is 0, the equities are not correlated; they are entirely random.
Sizzle |
Moving together with Sizzle Stock
Moving against Sizzle Stock
| 0.76 | JPHLF | Japan Post Holdings | PairCorr |
| 0.76 | T | ATT Inc Sell-off Trend | PairCorr |
| 0.67 | MZHOF | Mizuho Financial | PairCorr |
| 0.66 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.63 | MBFJF | Mitsubishi UFJ Financial | PairCorr |
| 0.62 | BAC | Bank of America Fiscal Year End 10th of January 2025 | PairCorr |
| 0.59 | PYPL | PayPal Holdings Aggressive Push | PairCorr |
| 0.59 | JPM | JPMorgan Chase Fiscal Year End 10th of January 2025 | PairCorr |
| 0.56 | MSFT | Microsoft Aggressive Push | PairCorr |
| 0.55 | CSCO | Cisco Systems | PairCorr |
| 0.51 | JPSTF | JAPAN POST BANK | PairCorr |
| 0.42 | HD | Home Depot | PairCorr |
| 0.42 | BA | Boeing Sell-off Trend | PairCorr |
| 0.33 | AA | Alcoa Corp Sell-off Trend | PairCorr |
Related Correlations Analysis
| -0.54 | -0.11 | -0.83 | -0.51 | SZZL | ||
| -0.54 | -0.06 | 0.35 | 0.05 | FSRXW | ||
| -0.11 | -0.06 | 0.18 | 0.02 | LCAAW | ||
| -0.83 | 0.35 | 0.18 | 0.61 | GRNAW | ||
| -0.51 | 0.05 | 0.02 | 0.61 | MPRAW | ||
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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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Sizzle Stock performing well and Sizzle 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 Sizzle 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SZZL | 0.11 | 0.04 | (0.14) | 29.61 | 0.00 | 0.38 | 1.13 | |||
| FSRXW | 22.62 | 4.54 | 0.19 | (2.38) | 18.37 | 73.63 | 189.68 | |||
| LCAAW | 3.46 | (0.04) | 0.00 | 0.05 | 3.95 | 10.20 | 46.79 | |||
| GRNAW | 12.98 | 0.23 | 0.00 | 0.00 | 14.82 | 32.45 | 85.19 | |||
| MPRAW | 20.35 | 3.75 | 0.13 | (0.90) | 21.51 | 68.35 | 133.45 |
Sizzle Acquisition 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 Sizzle Acquisition stock to make a market-neutral strategy. Peer analysis of Sizzle Acquisition could also be used in its relative valuation, which is a method of valuing Sizzle Acquisition by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Sizzle Acquisition Corporate Executives
Elected by the shareholders, the Sizzle Acquisition's board of directors comprises two types of representatives: Sizzle Acquisition inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Sizzle. The board's role is to monitor Sizzle Acquisition's management team and ensure that shareholders' interests are well served. Sizzle Acquisition's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Sizzle Acquisition's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Daniel CFA | CFO Development | Profile |
Still Interested in Sizzle 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.