Correlation Between IM Vinaria and Infinity Capital
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By analyzing existing cross correlation between IM Vinaria Purcari and Infinity Capital Investments, you can compare the effects of market volatilities on IM Vinaria and Infinity Capital 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 IM Vinaria with a short position of Infinity Capital. Check out your portfolio center. Please also check ongoing floating volatility patterns of IM Vinaria and Infinity Capital.
Diversification Opportunities for IM Vinaria and Infinity Capital
-0.63 | Correlation Coefficient |
Excellent diversification
The 3 months correlation between WINE and Infinity is -0.63. Overlapping area represents the amount of risk that can be diversified away by holding IM Vinaria Purcari and Infinity Capital Investments in the same portfolio, assuming nothing else is changed. The correlation between historical prices or returns on Infinity Capital Inv and IM Vinaria 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 IM Vinaria Purcari are associated (or correlated) with Infinity Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of Infinity Capital Inv has no effect on the direction of IM Vinaria i.e., IM Vinaria and Infinity Capital go up and down completely randomly.
Pair Corralation between IM Vinaria and Infinity Capital
Assuming the 90 days trading horizon IM Vinaria Purcari is expected to under-perform the Infinity Capital. But the stock apears to be less risky and, when comparing its historical volatility, IM Vinaria Purcari is 1.26 times less risky than Infinity Capital. The stock trades about -0.03 of its potential returns per unit of risk. The Infinity Capital Investments is currently generating about 0.29 of returns per unit of risk over similar time horizon. If you would invest 272.00 in Infinity Capital Investments on August 18, 2025 and sell it today you would earn a total of 97.00 from holding Infinity Capital Investments or generate 35.66% return on investment over 90 days.
| Time Period | 3 Months [change] |
| Direction | Moves Against |
| Strength | Weak |
| Accuracy | 100.0% |
| Values | Daily Returns |
IM Vinaria Purcari vs. Infinity Capital Investments
Performance |
| Timeline |
| IM Vinaria Purcari |
| Infinity Capital Inv |
IM Vinaria and Infinity Capital Volatility Contrast
Predicted Return Density |
| Returns |
Pair Trading with IM Vinaria and Infinity Capital
The main advantage of trading using opposite IM Vinaria and Infinity Capital positions is that it hedges away some unsystematic risk. Because of two separate transactions, even if IM Vinaria position performs unexpectedly, Infinity Capital 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 Infinity Capital will offset losses from the drop in Infinity Capital's long position.| IM Vinaria vs. AROBS TRANSILVANIA SOFTWARE | IM Vinaria vs. Digi Communications NV | IM Vinaria vs. GRUPUL INDUSTRIAL ELECTROCONTACT | IM Vinaria vs. TRANSILVANIA INVESTMENTS ALLIANCE |
| Infinity Capital vs. TRANSILVANIA LEASING SI | Infinity Capital vs. Compania Hoteliera InterContinental | Infinity Capital vs. Evergent Investments SA | Infinity Capital vs. IHUNT TECHNOLOGY IMPORT EXPORT |
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 Transaction History module to view history of all your transactions and understand their impact on performance.
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