Correlation Between Futuretech and DMY Squared

Can any of the company-specific risk be diversified away by investing in both Futuretech and DMY Squared 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 Futuretech and DMY Squared into the same portfolio, which is an essential part of the fundamental portfolio management process.

By analyzing existing cross correlation between Futuretech II Acquisition and dMY Squared Technology, you can compare the effects of market volatilities on Futuretech and DMY Squared 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 Futuretech with a short position of DMY Squared. Check out your portfolio center. Please also check ongoing floating volatility patterns of Futuretech and DMY Squared.

Diversification Opportunities for Futuretech and DMY Squared

0.0

Correlation Coefficient

Futuretech  DMY Squared

Pay attention - limited upside

The 3 months correlation between Futuretech and DMY is 0.0. Overlapping area represents the amount of risk that can be diversified away by holding Futuretech II Acquisition and dMY Squared Technology in the same portfolio, assuming nothing else is changed. The correlation between historical prices or returns on dMY Squared Technology and Futuretech 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 Futuretech II Acquisition are associated (or correlated) with DMY Squared. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of dMY Squared Technology has no effect on the direction of Futuretech i.e., Futuretech and DMY Squared go up and down completely randomly.

Pair Corralation between Futuretech and DMY Squared

If you would invest  1,202  in Futuretech II Acquisition on September 16, 2025 and sell it today you would earn a total of  0.00  from holding Futuretech II Acquisition or generate 0.0% return on investment over 90 days.

Time Period	3 Months [change]
Direction	Flat
Strength	Insignificant
Accuracy	98.44%
Values	Daily Returns

Futuretech II Acquisition  vs.  dMY Squared Technology

Futuretech II Acquisition

Risk-Adjusted Performance

Weakest

Over the last 90 days Futuretech II Acquisition has generated negative risk-adjusted returns adding no value to investors with long positions. Despite fairly strong forward indicators, Futuretech is not utilizing all of its potentials. The latest stock price confusion, may contribute to short-horizon losses for the traders.

dMY Squared Technology

Risk-Adjusted Performance

Weakest

Over the last 90 days dMY Squared Technology has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest unsteady performance, the Stock's basic indicators remain strong and the current disturbance on Wall Street may also be a sign of long term gains for the company investors.

Pair Trading with Futuretech and DMY Squared

The main advantage of trading using opposite Futuretech and DMY Squared positions is that it hedges away some unsystematic risk. Because of two separate transactions, even if Futuretech position performs unexpectedly, DMY Squared 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 DMY Squared will offset losses from the drop in DMY Squared's long position.

The idea behind Futuretech II Acquisition and dMY Squared Technology pairs trading is to make the combined position market-neutral, meaning the overall market's direction will not affect its win or loss (or potential downside or upside). This can be achieved by designing a pairs trade with two highly correlated stocks or equities that operate in a similar space or sector, making it possible to obtain profits through simple and relatively low-risk investment.

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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 Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.