Correlation Between Trust Stamp and XTI Aerospace,

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

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

Diversification Opportunities for Trust Stamp and XTI Aerospace,

-0.17

Correlation Coefficient

Trust Stamp  XTI Aerospace,

Good diversification

The 3 months correlation between Trust and XTI is -0.17. Overlapping area represents the amount of risk that can be diversified away by holding Trust Stamp and XTI Aerospace, in the same portfolio, assuming nothing else is changed. The correlation between historical prices or returns on XTI Aerospace, and Trust Stamp 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 Trust Stamp are associated (or correlated) with XTI Aerospace,. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of XTI Aerospace, has no effect on the direction of Trust Stamp i.e., Trust Stamp and XTI Aerospace, go up and down completely randomly.

Pair Corralation between Trust Stamp and XTI Aerospace,

Given the investment horizon of 90 days Trust Stamp is expected to generate 2.87 times less return on investment than XTI Aerospace,. But when comparing it to its historical volatility, Trust Stamp is 2.32 times less risky than XTI Aerospace,. It trades about 0.09 of its potential returns per unit of risk. XTI Aerospace, is currently generating about 0.11 of returns per unit of risk over similar time horizon. If you would invest  132.00  in XTI Aerospace, on May 4, 2025 and sell it today you would earn a total of  69.00  from holding XTI Aerospace, or generate 52.27% return on investment over 90 days.

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

Trust Stamp  vs.  XTI Aerospace,

Trust Stamp

Risk-Adjusted Performance

OK

Compared to the overall equity markets, risk-adjusted returns on investments in Trust Stamp are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. Despite fairly unsteady basic indicators, Trust Stamp demonstrated solid returns over the last few months and may actually be approaching a breakup point.

XTI Aerospace,

Risk-Adjusted Performance

OK

Compared to the overall equity markets, risk-adjusted returns on investments in XTI Aerospace, are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. Despite somewhat fragile forward indicators, XTI Aerospace, sustained solid returns over the last few months and may actually be approaching a breakup point.

Pair Trading with Trust Stamp and XTI Aerospace,

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

The idea behind Trust Stamp and XTI Aerospace, 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.

Check out your portfolio center.

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 Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.