SC II Correlations
| SCIIU Stock | 10.20 0.01 0.1% |
The current 90-days correlation between SC II Acquisition and Insight Digital Partners is 0.18 (i.e., Average diversification).The correlation coefficient for SC II ranges from -1 to +1. Values above 0.8 suggest strong positive correlation - both assets move together - while values below -0.5 suggest a useful diversification pairing.
Correlation With Market: SC II
Very weak diversification
Across the chosen horizon, SCIIU and DJI show a correlation of 0.56 and fall into the Very weak diversification bucket. In portfolio terms, the overlap visualization shows how much shared movement remains after both positions are combined.
Moving together with SCIIU Stock
| 0.74 | FIGX | FIGX Capital Acquisition | PairCorr |
| 0.91 | INAC | Indigo Acquisition Corp | PairCorr |
| 0.8 | IPOD | Dune Acquisition | PairCorr |
| 0.92 | SZZL | Sizzle Acquisition Corp | PairCorr |
| 0.89 | TDAC | Translational Development | PairCorr |
| 0.88 | CEPF | Cantor Equity Partners | PairCorr |
| 0.82 | TSM | Taiwan Semiconductor | PairCorr |
| 0.94 | BAP | Credicorp | PairCorr |
| 0.73 | SLAB | Silicon Laboratories | PairCorr |
| 0.72 | KNBHF | Knorr Bremse Aktieng | PairCorr |
| 0.8 | ARVY | Alliance Recovery | PairCorr |
| 0.67 | LITE | Lumentum Holdings | PairCorr |
| 0.9 | JPM-PC | JPMorgan Chase | PairCorr |
| 0.91 | RCB | Ready Capital | PairCorr |
| 0.88 | COST | Costco Wholesale Corp | PairCorr |
| 0.83 | SMFG | Sumitomo Mitsui Financial | PairCorr |
| 0.9 | CSTM | Constellium Nv | PairCorr |
| 0.61 | AIABF | AirAsia Group Berhad | PairCorr |
Moving against SCIIU Stock
| 0.87 | COIN | Coinbase Global Aggressive Push | PairCorr |
| 0.83 | MSFT | Microsoft | PairCorr |
| 0.7 | AAM | AA Mission Acquisition | PairCorr |
| 0.62 | WLAC | Willow Lane Acquisition | PairCorr |
| 0.6 | APUS | Apimeds Pharmaceuticals | PairCorr |
| 0.46 | AAPL | Apple Inc | PairCorr |
| 0.48 | AMZN | Amazon Inc Aggressive Push | PairCorr |
Related Correlations Analysis
| -0.33 | 0.0 | -0.36 | 0.47 | -0.37 | CCIXU | ||
| -0.33 | 0.0 | 0.78 | -0.53 | 0.78 | DYOR | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | HCACU | ||
| -0.36 | 0.78 | 0.0 | -0.65 | 0.65 | LAFAU | ||
| 0.47 | -0.53 | 0.0 | -0.65 | -0.56 | WLAC | ||
| -0.37 | 0.78 | 0.0 | 0.65 | -0.56 | WSTNU | ||
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 SCIIU Stock performing well and SC II 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 SC II'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CCIXU | 0.40 | -0.04 | 0.00 | -1.67 | 0.00 | 0.47 | 15.34 | |||
| DYOR | 0.04 | 0.00 | -0.02 | 0.00 | 0.00 | 0.10 | 0.50 | |||
| HCACU | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| LAFAU | 0.27 | 0.00 | 0.00 | -0.02 | 0.35 | 0.69 | 2.96 | |||
| WLAC | 1.12 | -0.15 | 0.00 | 3.63 | 0.00 | 2.40 | 6.54 | |||
| WSTNU | 0.15 | 0.01 | 0.01 | 0.19 | 0.24 | 0.29 | 3.95 |