Correlation Between Bullfrog and Quhuo

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

By analyzing existing cross correlation between Bullfrog AI Holdings, and Quhuo, you can compare the effects of market volatilities on Bullfrog and Quhuo 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 Bullfrog with a short position of Quhuo. Check out your portfolio center. Please also check ongoing floating volatility patterns of Bullfrog and Quhuo.

Diversification Opportunities for Bullfrog and Quhuo

0.28

Correlation Coefficient

Bullfrog  Quhuo

Modest diversification

The 3 months correlation between Bullfrog and Quhuo is 0.28. Overlapping area represents the amount of risk that can be diversified away by holding Bullfrog AI Holdings, and Quhuo in the same portfolio, assuming nothing else is changed. The correlation between historical prices or returns on Quhuo and Bullfrog 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 Bullfrog AI Holdings, are associated (or correlated) with Quhuo. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of Quhuo has no effect on the direction of Bullfrog i.e., Bullfrog and Quhuo go up and down completely randomly.

Pair Corralation between Bullfrog and Quhuo

Given the investment horizon of 90 days Bullfrog AI Holdings, is expected to generate 0.28 times more return on investment than Quhuo. However, Bullfrog AI Holdings, is 3.62 times less risky than Quhuo. It trades about -0.11 of its potential returns per unit of risk. Quhuo is currently generating about -0.12 per unit of risk. If you would invest  171.00  in Bullfrog AI Holdings, on May 7, 2025 and sell it today you would lose (41.00) from holding Bullfrog AI Holdings, or give up 23.98% of portfolio value over 90 days.

Time Period	3 Months [change]
Direction	Moves Together
Strength	Very Weak
Accuracy	100.0%
Values	Daily Returns

Bullfrog AI Holdings,  vs.  Quhuo

Bullfrog AI Holdings,

Risk-Adjusted Performance

Very Weak

Over the last 90 days Bullfrog AI Holdings, has generated negative risk-adjusted returns adding no value to investors with long positions. Despite uncertain performance in the last few months, the Stock's basic indicators remain nearly stable which may send shares a bit higher in September 2025. The current disturbance may also be a sign of long-run up-swing for the company stockholders.

Quhuo

Risk-Adjusted Performance

Very Weak

Over the last 90 days Quhuo has generated negative risk-adjusted returns adding no value to investors with long positions. Despite fragile performance in the last few months, the Stock's technical indicators remain fairly strong which may send shares a bit higher in September 2025. The recent confusion may also be a sign of long-lasting up-swing for the firm traders.

Pair Trading with Bullfrog and Quhuo

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

The idea behind Bullfrog AI Holdings, and Quhuo 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 Commodity Directory module to find actively traded commodities issued by global exchanges.