Flag Ship Correlations

FSHPU Stock

10.50 0.10 0.94%

The current 90-days correlation between Flag Ship Acquisition and Definitive Healthcare Corp is -0.01 (i.e., Good diversification). The correlation of Flag Ship is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.

Flag Ship Correlation With Market

Average diversification

The correlation between Flag Ship Acquisition and DJI is 0.12 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Flag Ship Acquisition and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Flag Stock

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Flag Ship Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

Moving together with Flag Stock

0.61	YHNAU	YHN Acquisition I	Pair Corr
0.75	DRDB	Roman DBDR Acquisition	Pair Corr
0.63	BACQR	Bleichroeder Acquisition	Pair Corr
0.67	BACQU	Bleichroeder Acquisition	Pair Corr
0.68	WLAC	Willow Lane Acquisition	Pair Corr
0.64	GDSTW	Goldenstone Acquisition	Pair Corr
0.66	FGMC	FG Merger II	Pair Corr
0.63	AAM	AA Mission Acquisition	Pair Corr
0.69	ALF	Centurion Acquisition	Pair Corr
0.63	FORL	Four Leaf Acquisition	Pair Corr
0.76	CUB	Lionheart Holdings	Pair Corr
0.76	EQV	EQV Ventures Acquisition	Pair Corr
0.67	GIG	GigCapital7 Corp Class	Pair Corr

Moving against Flag Stock

0.53

FSHPR

Flag Ship Acquisition

Pair Corr

Related Correlations Analysis

	DH	KGDEF	QLYS	RUM	NOW	UBER	QTWO	NNAVW
DH		0.82	0.9	0.64	0.61	0.8	0.89	0.78	DH
KGDEF	0.82		0.77	0.59	0.55	0.76	0.79	0.76	KGDEF
QLYS	0.9	0.77		0.71	0.81	0.82	0.93	0.66	QLYS
RUM	0.64	0.59	0.71		0.75	0.74	0.79	0.37	RUM
NOW	0.61	0.55	0.81	0.75		0.74	0.8	0.43	NOW
UBER	0.8	0.76	0.82	0.74	0.74		0.86	0.79	UBER
QTWO	0.89	0.79	0.93	0.79	0.8	0.86		0.68	QTWO
NNAVW	0.78	0.76	0.66	0.37	0.43	0.79	0.68		NNAVW
	DH	KGDEF	QLYS	RUM	NOW	UBER	QTWO	NNAVW

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Risk-Adjusted Indicators

There is a big difference between Flag Stock performing well and Flag Ship 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 Flag Ship'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
DH	2.54	0.57	0.18	0.71	2.12	(3.02)	5.06	(4.48)	37.54
KGDEF	0.84	0.47	0.00	(1.69)	0.00	0.00	0.57	0.00	8.07
QLYS	1.28	0.05	0.03	0.17	1.51	(1.31)	3.16	(2.81)	8.67
RUM	2.89	0.27	0.14	0.30	2.29	(3.76)	7.10	(3.76)	24.91
NOW	1.49	0.13	0.11	0.23	1.33	(1.73)	3.46	(2.43)	19.99
UBER	1.64	0.20	0.13	0.33	1.40	(2.08)	4.19	(2.54)	10.87
QTWO	1.67	0.11	0.10	0.21	1.44	(2.01)	3.42	(3.01)	16.72
NNAVW	2.96	0.22	0.07	0.25	3.98	(3.02)	7.08	(7.32)	18.90

Flag Ship Corporate Executives

Elected by the shareholders, the Flag Ship's board of directors comprises two types of representatives: Flag Ship inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Flag. The board's role is to monitor Flag Ship's management team and ensure that shareholders' interests are well served. Flag Ship's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Flag Ship's outside directors are responsible for providing unbiased perspectives on the board's policies.

Luhuan Zhong

CFO Officer

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