Correlation Between Greenland Acquisition and GEE
Can any of the company-specific risk be diversified away by investing in both Greenland Acquisition and GEE 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 Greenland Acquisition and GEE into the same portfolio, which is an essential part of the fundamental portfolio management process.
By analyzing existing cross correlation between Greenland Acquisition Corp and GEE Group, you can compare the effects of market volatilities on Greenland Acquisition and GEE 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 Greenland Acquisition with a short position of GEE. Check out your portfolio center. Please also check ongoing floating volatility patterns of Greenland Acquisition and GEE.
Diversification Opportunities for Greenland Acquisition and GEE
0.45 | Correlation Coefficient |
Very weak diversification
The 3 months correlation between Greenland and GEE is 0.45. Overlapping area represents the amount of risk that can be diversified away by holding Greenland Acquisition Corp and GEE Group in the same portfolio, assuming nothing else is changed. The correlation between historical prices or returns on GEE Group and Greenland Acquisition 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 Greenland Acquisition Corp are associated (or correlated) with GEE. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of GEE Group has no effect on the direction of Greenland Acquisition i.e., Greenland Acquisition and GEE go up and down completely randomly.
Pair Corralation between Greenland Acquisition and GEE
Given the investment horizon of 90 days Greenland Acquisition Corp is expected to under-perform the GEE. In addition to that, Greenland Acquisition is 1.74 times more volatile than GEE Group. It trades about -0.19 of its total potential returns per unit of risk. GEE Group is currently generating about -0.01 per unit of volatility. If you would invest 21.00 in GEE Group on October 6, 2025 and sell it today you would lose (1.00) from holding GEE Group or give up 4.76% of portfolio value over 90 days.
| Time Period | 3 Months [change] |
| Direction | Moves Together |
| Strength | Weak |
| Accuracy | 100.0% |
| Values | Daily Returns |
Greenland Acquisition Corp vs. GEE Group
Performance |
| Timeline |
| Greenland Acquisition |
| GEE Group |
Greenland Acquisition and GEE Volatility Contrast
Predicted Return Density |
| Returns |
Pair Trading with Greenland Acquisition and GEE
The main advantage of trading using opposite Greenland Acquisition and GEE positions is that it hedges away some unsystematic risk. Because of two separate transactions, even if Greenland Acquisition position performs unexpectedly, GEE 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 GEE will offset losses from the drop in GEE's long position.| Greenland Acquisition vs. Huachen AI Parking | Greenland Acquisition vs. WF Holding Limited | Greenland Acquisition vs. Euroholdings | Greenland Acquisition vs. TOMI Environmental Solutions |
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 FinTech Suite module to use AI to screen and filter profitable investment opportunities.
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