Correlation Between Up Fintech and BitFuFu
Can any of the company-specific risk be diversified away by investing in both Up Fintech and BitFuFu 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 Up Fintech and BitFuFu into the same portfolio, which is an essential part of the fundamental portfolio management process.
By analyzing existing cross correlation between Up Fintech Holding and BitFuFu Class A, you can compare the effects of market volatilities on Up Fintech and BitFuFu 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 Up Fintech with a short position of BitFuFu. Check out your portfolio center. Please also check ongoing floating volatility patterns of Up Fintech and BitFuFu.
Diversification Opportunities for Up Fintech and BitFuFu
0.2 | Correlation Coefficient |
Modest diversification
The 3 months correlation between TIGR and BitFuFu is 0.2. Overlapping area represents the amount of risk that can be diversified away by holding Up Fintech Holding and BitFuFu Class A in the same portfolio, assuming nothing else is changed. The correlation between historical prices or returns on BitFuFu Class A and Up Fintech 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 Up Fintech Holding are associated (or correlated) with BitFuFu. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of BitFuFu Class A has no effect on the direction of Up Fintech i.e., Up Fintech and BitFuFu go up and down completely randomly.
Pair Corralation between Up Fintech and BitFuFu
Given the investment horizon of 90 days Up Fintech Holding is expected to generate 0.99 times more return on investment than BitFuFu. However, Up Fintech Holding is 1.01 times less risky than BitFuFu. It trades about 0.02 of its potential returns per unit of risk. BitFuFu Class A is currently generating about -0.04 per unit of risk. If you would invest 1,041 in Up Fintech Holding on August 13, 2025 and sell it today you would earn a total of 10.50 from holding Up Fintech Holding or generate 1.01% return on investment over 90 days.
| Time Period | 3 Months [change] |
| Direction | Moves Together |
| Strength | Very Weak |
| Accuracy | 98.44% |
| Values | Daily Returns |
Up Fintech Holding vs. BitFuFu Class A
Performance |
| Timeline |
| Up Fintech Holding |
| BitFuFu Class A |
Up Fintech and BitFuFu Volatility Contrast
Predicted Return Density |
| Returns |
Pair Trading with Up Fintech and BitFuFu
The main advantage of trading using opposite Up Fintech and BitFuFu positions is that it hedges away some unsystematic risk. Because of two separate transactions, even if Up Fintech position performs unexpectedly, BitFuFu 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 BitFuFu will offset losses from the drop in BitFuFu's long position.| Up Fintech vs. American Bitcoin Corp | Up Fintech vs. Oppenheimer Holdings | Up Fintech vs. Employers Holdings | Up Fintech vs. Atlanticus Holdings |
| BitFuFu vs. Northpointe Bancshares, | BitFuFu vs. Crescent Capital BDC | BitFuFu vs. Alerus Financial Corp | BitFuFu vs. Solowin Holdings |
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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
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