Correlation Between Catalyst Bancorp and Turbo Energy,

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

By analyzing existing cross correlation between Catalyst Bancorp and Turbo Energy, SA, you can compare the effects of market volatilities on Catalyst Bancorp and Turbo Energy, 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 Catalyst Bancorp with a short position of Turbo Energy,. Check out your portfolio center. Please also check ongoing floating volatility patterns of Catalyst Bancorp and Turbo Energy,.

Diversification Opportunities for Catalyst Bancorp and Turbo Energy,

-0.69

Correlation Coefficient

Catalyst Bancorp  Turbo Energy,

Excellent diversification

The 3 months correlation between Catalyst and Turbo is -0.69. Overlapping area represents the amount of risk that can be diversified away by holding Catalyst Bancorp and Turbo Energy, SA in the same portfolio, assuming nothing else is changed. The correlation between historical prices or returns on Turbo Energy, SA and Catalyst Bancorp 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 Catalyst Bancorp are associated (or correlated) with Turbo Energy,. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of Turbo Energy, SA has no effect on the direction of Catalyst Bancorp i.e., Catalyst Bancorp and Turbo Energy, go up and down completely randomly.

Pair Corralation between Catalyst Bancorp and Turbo Energy,

Given the investment horizon of 90 days Catalyst Bancorp is expected to generate 0.7 times more return on investment than Turbo Energy,. However, Catalyst Bancorp is 1.43 times less risky than Turbo Energy,. It trades about 0.13 of its potential returns per unit of risk. Turbo Energy, SA is currently generating about -0.04 per unit of risk. If you would invest  1,179  in Catalyst Bancorp on May 25, 2025 and sell it today you would earn a total of  91.00  from holding Catalyst Bancorp or generate 7.72% return on investment over 90 days.

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

Catalyst Bancorp  vs.  Turbo Energy, SA

Catalyst Bancorp

Risk-Adjusted Performance

Fair

Compared to the overall equity markets, risk-adjusted returns on investments in Catalyst Bancorp are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively unsteady basic indicators, Catalyst Bancorp may actually be approaching a critical reversion point that can send shares even higher in September 2025.

Turbo Energy, SA

Risk-Adjusted Performance

Weakest

Over the last 90 days Turbo Energy, SA has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, Turbo Energy, is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.

Pair Trading with Catalyst Bancorp and Turbo Energy,

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

The idea behind Catalyst Bancorp and Turbo Energy, SA 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 Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .