Indigo Acquisition Correlations

INAC Stock

10.05 0.02 0.20%

The current 90-days correlation between Indigo Acquisition Corp and Dune Acquisition is 0.1 (i.e., Average diversification). The correlation of Indigo Acquisition 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.

Indigo Acquisition Correlation With Market

Good diversification

The correlation between Indigo Acquisition Corp and DJI is -0.16 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Indigo Acquisition Corp and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Indigo Stock

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Indigo Acquisition Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Moving together with Indigo Stock

0.77	DMAA	Drugs Made In	Pair Corr
0.82	DRDB	Roman DBDR Acquisition	Pair Corr
0.75	ALF	Centurion Acquisition	Pair Corr
0.69	IPOD	Dune Acquisition	Pair Corr
0.72	LOKV	Live Oak Acquisition	Pair Corr
0.62	MACI	Melar Acquisition Corp	Pair Corr
0.72	PELI	Pelican Acquisition	Pair Corr
0.7	PGAC	Pantages Capital Acq Symbol Change	Pair Corr
0.78	AACB	Artius II Acquisition	Pair Corr
0.8	ATII	Archimedes Tech SPAC	Pair Corr
0.65	SZZL	Sizzle Acquisition Corp	Pair Corr
0.81	TDAC	Translational Development	Pair Corr
0.67	CAPN	Cayson Acquisition Corp	Pair Corr
0.81	CHPG	ChampionsGate Acquisition	Pair Corr
0.77	DGWPF	Drgerwerk AG	Pair Corr

Moving against Indigo Stock

0.45	FRMI	Fermi Common Stock	Pair Corr
0.67	COIN	Coinbase Global	Pair Corr
0.45	CEPO	Cantor Equity Partners	Pair Corr
0.39	TKURF	Tokyu REIT	Pair Corr

Related Correlations Analysis

	IPOD	DNMXU	FIGX	HCMA	GCL	IBAC	WLAC
IPOD		0.43	0.71	0.0	-0.81	-0.29	-0.4	IPOD
DNMXU	0.43		0.71	0.0	-0.27	-0.38	-0.25	DNMXU
FIGX	0.71	0.71		0.0	-0.6	-0.31	-0.49	FIGX
HCMA	0.0	0.0	0.0		0.0	0.0	0.0	HCMA
GCL	-0.81	-0.27	-0.6	0.0		0.26	0.37	GCL
IBAC	-0.29	-0.38	-0.31	0.0	0.26		-0.16	IBAC
WLAC	-0.4	-0.25	-0.49	0.0	0.37	-0.16		WLAC
	IPOD	DNMXU	FIGX	HCMA	GCL	IBAC	WLAC

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

FIGX	+ 0.71	IPOD
FIGX	+ 0.71	DNMXU
DNMXU	+ 0.43	IPOD
WLAC	+ 0.37	GCL
IBAC	+ 0.26	GCL
HCMA	+ 0.0	IPOD

High negative correlations

GCL	- 0.81	IPOD
GCL	- 0.6	FIGX
WLAC	- 0.49	FIGX
WLAC	- 0.4	IPOD
IBAC	- 0.38	DNMXU
IBAC	- 0.31	FIGX

Risk-Adjusted Indicators

There is a big difference between Indigo Stock performing well and Indigo Acquisition 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 Indigo Acquisition'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
IPOD	0.08	0.01	(0.14)	(0.90)	0.00	(0.17)	0.20	(0.29)	0.88
DNMXU	0.11	(0.03)	0.00	(0.75)	0.00	0.00	0.20	(0.20)	0.89
FIGX	0.09	0.00	(0.19)	(0.06)	0.04	(0.23)	0.20	(0.30)	1.59
HCMA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
GCL	4.25	(1.33)	0.00	(0.70)	0.00	0.00	8.91	(8.89)	26.93
IBAC	0.11	(0.01)	(0.19)	(0.17)	0.16	(0.27)	0.38	(0.38)	0.96
WLAC	2.08	0.08	0.03	0.13	2.38	(2.36)	4.66	(4.44)	11.20

Indigo Acquisition Corporate Executives

Elected by the shareholders, the Indigo Acquisition's board of directors comprises two types of representatives: Indigo Acquisition inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Indigo. The board's role is to monitor Indigo Acquisition's management team and ensure that shareholders' interests are well served. Indigo Acquisition'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, Indigo Acquisition's outside directors are responsible for providing unbiased perspectives on the board's policies.

Scott Salpeter

CFO COO

Profile

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

2026 Macroaxis LLC