Correlation Between Accelleron Industries and FTAI Infrastructure
Can any of the company-specific risk be diversified away by investing in both Accelleron Industries and FTAI Infrastructure at the same time? Although using a correlation coefficient on its own may not help to predict future stock returns, this module helps to understand the diversifiable risk of combining Accelleron Industries and FTAI Infrastructure into the same portfolio, which is an essential part of the fundamental portfolio management process.
By analyzing existing cross correlation between Accelleron Industries AG and FTAI Infrastructure, you can compare the effects of market volatilities on Accelleron Industries and FTAI Infrastructure and check how they will diversify away market risk if combined in the same portfolio for a given time horizon. You can also utilize pair trading strategies of matching a long position in Accelleron Industries with a short position of FTAI Infrastructure. Check out your portfolio center. Please also check ongoing floating volatility patterns of Accelleron Industries and FTAI Infrastructure.
Diversification Opportunities for Accelleron Industries and FTAI Infrastructure
-0.29 | Correlation Coefficient |
Very good diversification
The 3 months correlation between Accelleron and FTAI is -0.29. Overlapping area represents the amount of risk that can be diversified away by holding Accelleron Industries AG and FTAI Infrastructure in the same portfolio, assuming nothing else is changed. The correlation between historical prices or returns on FTAI Infrastructure and Accelleron Industries is a relative statistical measure of the degree to which these equity instruments tend to move together. The correlation coefficient measures the extent to which returns on Accelleron Industries AG are associated (or correlated) with FTAI Infrastructure. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of FTAI Infrastructure has no effect on the direction of Accelleron Industries i.e., Accelleron Industries and FTAI Infrastructure go up and down completely randomly.
Pair Corralation between Accelleron Industries and FTAI Infrastructure
Assuming the 90 days trading horizon Accelleron Industries AG is expected to under-perform the FTAI Infrastructure. But the stock apears to be less risky and, when comparing its historical volatility, Accelleron Industries AG is 3.01 times less risky than FTAI Infrastructure. The stock trades about -0.11 of its potential returns per unit of risk. The FTAI Infrastructure is currently generating about -0.04 of returns per unit of risk over similar time horizon. If you would invest 480.00 in FTAI Infrastructure on August 28, 2025 and sell it today you would lose (65.00) from holding FTAI Infrastructure or give up 13.54% of portfolio value over 90 days.
| Time Period | 3 Months [change] |
| Direction | Moves Against |
| Strength | Insignificant |
| Accuracy | 98.44% |
| Values | Daily Returns |
Accelleron Industries AG vs. FTAI Infrastructure
Performance |
| Timeline |
| Accelleron Industries |
| FTAI Infrastructure |
Accelleron Industries and FTAI Infrastructure Volatility Contrast
Predicted Return Density |
| Returns |
Pair Trading with Accelleron Industries and FTAI Infrastructure
The main advantage of trading using opposite Accelleron Industries and FTAI Infrastructure positions is that it hedges away some unsystematic risk. Because of two separate transactions, even if Accelleron Industries position performs unexpectedly, FTAI Infrastructure can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in FTAI Infrastructure will offset losses from the drop in FTAI Infrastructure's long position.The idea behind Accelleron Industries AG and FTAI Infrastructure pairs trading is to make the combined position market-neutral, meaning the overall market's direction will not affect its win or loss (or potential downside or upside). This can be achieved by designing a pairs trade with two highly correlated stocks or equities that operate in a similar space or sector, making it possible to obtain profits through simple and relatively low-risk investment.
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Check out your portfolio center.Note that this page's information should be used as a complementary analysis to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
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