Launch Two Correlations

LPBB Stock

10.44 0.01 0.1%

The current 90-days correlation between Launch Two Acquisition and Eastman Kodak Co is 0.02 (i.e., Significant diversification). The correlation of Launch Two 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.

Launch Two Correlation With Market

Significant diversification

The correlation between Launch Two Acquisition and DJI is 0.02 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Launch Two Acquisition and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Launch Stock

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Launch Two 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 bureau of labor statistics.

Moving together with Launch Stock

0.61	DMAA	Drugs Made In	Pair Corr
0.61	VACH	Voyager Acquisition Corp	Pair Corr
0.64	DRDB	Roman DBDR Acquisition	Pair Corr
0.77	DTSQ	DT Cloud Star	Pair Corr
0.69	NPACU	New Providence Acqui	Pair Corr
0.71	BACQR	Bleichroeder Acquisition	Pair Corr
0.62	BACQU	Bleichroeder Acquisition	Pair Corr
0.75	DISTR	Distoken Acquisition	Pair Corr
0.67	WLAC	Willow Lane Acquisition	Pair Corr
0.65	GDSTW	Goldenstone Acquisition	Pair Corr
0.85	FERA	Fifth Era Acquisition	Pair Corr
0.66	FGMC	FG Merger II	Pair Corr
0.64	KVACW	Keen Vision Acquisition	Pair Corr
0.65	AAM	AA Mission Acquisition	Pair Corr
0.73	FACTU	FACT II Acquisition	Pair Corr
0.67	ALF	Centurion Acquisition	Pair Corr
0.69	CUB	Lionheart Holdings	Pair Corr
0.7	EQV	EQV Ventures Acquisition	Pair Corr
0.67	FVN	Future Vision II	Pair Corr
0.61	GIG	GigCapital7 Corp Class	Pair Corr

Moving against Launch Stock

0.64

FSHPR

Flag Ship Acquisition

Pair Corr

Related Correlations Analysis

	TFX	GZITF	KODK	CAH	LNSR	JDSPY	TNDM	SEPSD
TFX		-0.66	-0.08	-0.81	0.63	-0.32	0.21	0.0	TFX
GZITF	-0.66		0.2	0.69	-0.61	0.34	-0.57	0.0	GZITF
KODK	-0.08	0.2		-0.08	0.3	0.28	-0.36	0.0	KODK
CAH	-0.81	0.69	-0.08		-0.72	0.46	-0.02	0.0	CAH
LNSR	0.63	-0.61	0.3	-0.72		0.06	0.22	0.0	LNSR
JDSPY	-0.32	0.34	0.28	0.46	0.06		-0.1	0.0	JDSPY
TNDM	0.21	-0.57	-0.36	-0.02	0.22	-0.1		0.0	TNDM
SEPSD	0.0	0.0	0.0	0.0	0.0	0.0	0.0		SEPSD
	TFX	GZITF	KODK	CAH	LNSR	JDSPY	TNDM	SEPSD

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations

CAH	+ 0.69	GZITF
LNSR	+ 0.63	TFX
JDSPY	+ 0.46	CAH
JDSPY	+ 0.34	GZITF
LNSR	+ 0.3	KODK
JDSPY	+ 0.28	KODK

High negative correlations

CAH	- 0.81	TFX
LNSR	- 0.72	CAH
GZITF	- 0.66	TFX
LNSR	- 0.61	GZITF
TNDM	- 0.57	GZITF
TNDM	- 0.36	KODK

Risk-Adjusted Indicators

There is a big difference between Launch Stock performing well and Launch Two 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 Launch Two'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
TFX	1.35	(0.37)	0.00	(0.22)	0.00	0.00	2.58	(2.95)	10.62
GZITF	0.11	0.05	0.00	(2.79)	0.00	0.00	0.00	0.00	3.57
KODK	2.60	(0.14)	0.00	0.07	4.70	(2.55)	5.35	(4.79)	24.90
CAH	0.91	0.20	0.09	0.60	1.04	(0.94)	2.39	(1.84)	7.05
LNSR	0.88	(0.03)	0.00	(0.25)	0.00	0.00	2.04	(2.89)	6.10
JDSPY	3.09	0.47	0.06	(0.57)	3.47	(3.58)	6.86	(6.09)	17.47
TNDM	2.76	(0.39)	0.00	(0.18)	0.00	0.00	6.64	(4.67)	26.53
SEPSD	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2025 Macroaxis LLC