Falcons Beyond Correlations

FBYD Stock

8.57 0.17 1.95%

The current 90-days correlation between Falcons Beyond Global, and MDU Resources Group is 0.04 (i.e., Significant diversification). The correlation of Falcons Beyond 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.

Falcons Beyond Correlation With Market

Significant diversification

The correlation between Falcons Beyond Global, and DJI is 0.08 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Falcons Beyond Global, and DJI in the same portfolio, assuming nothing else is changed.

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Falcons Beyond Global,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

Moving against Falcons Stock

0.44	SPLP	Steel Partners Holdings	Pair Corr
0.39	DIST	Distoken Acquisition	Pair Corr
0.34	FA	First Advantage Corp	Pair Corr
0.33	MMM	3M Company Fiscal Year End 28th of January 2025	Pair Corr
0.62	ZLSWU	Zalatoris II Acquisition	Pair Corr
0.42	CDAQW	Compass Digital Acqu	Pair Corr

Related Correlations Analysis

	MDU	VMI	GFF	CODI	BBU	MATW
MDU		0.53	0.79	0.67	0.34	0.62	MDU
VMI	0.53		0.55	0.47	0.55	0.72	VMI
GFF	0.79	0.55		0.82	0.37	0.72	GFF
CODI	0.67	0.47	0.82		0.24	0.76	CODI
BBU	0.34	0.55	0.37	0.24		0.27	BBU
MATW	0.62	0.72	0.72	0.76	0.27		MATW
	MDU	VMI	GFF	CODI	BBU	MATW

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Risk-Adjusted Indicators

There is a big difference between Falcons Stock performing well and Falcons Beyond 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 Falcons Beyond'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
MDU	1.14	0.07	0.06	0.17	1.14	(1.24)	2.24	(2.01)	6.09
VMI	1.26	(0.02)	(0.01)	0.07	1.43	(1.39)	2.53	(2.53)	13.80
GFF	2.21	(0.13)	0.00	0.04	4.51	(2.03)	4.12	(4.34)	28.74
CODI	1.58	(0.23)	0.00	(0.03)	0.00	0.00	2.77	(2.45)	15.07
BBU	1.78	0.10	0.05	0.17	2.27	(1.81)	3.19	(3.64)	11.04
MATW	1.81	(0.28)	0.00	(0.08)	0.00	0.00	5.18	(4.54)	12.72

Falcons Beyond Corporate Management

Daryl White	Executive Development	Profile
Yvette Whittaker	Chief Officer	Profile
Toni Caracciolo	Executive Branding	Profile
David Schaefer	Chief Officer	Profile
Crystal Fahmie	Vice Capital	Profile

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