Correlation Between DelphX Capital and Frontera Energy

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

By analyzing existing cross correlation between DelphX Capital Markets and Frontera Energy Corp, you can compare the effects of market volatilities on DelphX Capital and Frontera 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 DelphX Capital with a short position of Frontera Energy. Check out your portfolio center. Please also check ongoing floating volatility patterns of DelphX Capital and Frontera Energy.

Diversification Opportunities for DelphX Capital and Frontera Energy

-0.78

Correlation Coefficient

DelphX Capital  Frontera Energy

Pay attention - limited upside

The 3 months correlation between DelphX and Frontera is -0.78. Overlapping area represents the amount of risk that can be diversified away by holding DelphX Capital Markets and Frontera Energy Corp in the same portfolio, assuming nothing else is changed. The correlation between historical prices or returns on Frontera Energy Corp and DelphX Capital 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 DelphX Capital Markets are associated (or correlated) with Frontera Energy. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of Frontera Energy Corp has no effect on the direction of DelphX Capital i.e., DelphX Capital and Frontera Energy go up and down completely randomly.

Pair Corralation between DelphX Capital and Frontera Energy

Assuming the 90 days trading horizon DelphX Capital is expected to generate 1.53 times less return on investment than Frontera Energy. In addition to that, DelphX Capital is 4.15 times more volatile than Frontera Energy Corp. It trades about 0.01 of its total potential returns per unit of risk. Frontera Energy Corp is currently generating about 0.06 per unit of volatility. If you would invest  571.00  in Frontera Energy Corp on September 16, 2025 and sell it today you would earn a total of  38.00  from holding Frontera Energy Corp or generate 6.65% return on investment over 90 days.

Time Period	3 Months [change]
Direction	Moves Against
Strength	Weak
Accuracy	98.44%
Values	Daily Returns

DelphX Capital Markets  vs.  Frontera Energy Corp

DelphX Capital Markets

Risk-Adjusted Performance

Weakest

Over the last 90 days DelphX Capital Markets has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly stable essential indicators, DelphX Capital is not utilizing all of its potentials. The latest stock price fuss, may contribute to near-short-term losses for the sophisticated investors.

Frontera Energy Corp

Risk-Adjusted Performance

Soft

Compared to the overall equity markets, risk-adjusted returns on investments in Frontera Energy Corp are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating fundamental indicators, Frontera Energy may actually be approaching a critical reversion point that can send shares even higher in January 2026.

Pair Trading with DelphX Capital and Frontera Energy

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

The idea behind DelphX Capital Markets and Frontera Energy Corp 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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.