Correlation Between Rogue Station and Coin Citadel

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

By analyzing existing cross correlation between Rogue Station Companies and Coin Citadel, you can compare the effects of market volatilities on Rogue Station and Coin Citadel 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 Rogue Station with a short position of Coin Citadel. Check out your portfolio center. Please also check ongoing floating volatility patterns of Rogue Station and Coin Citadel.

Diversification Opportunities for Rogue Station and Coin Citadel

0.0

Correlation Coefficient

Rogue Station  Coin Citadel

Pay attention - limited upside

The 3 months correlation between Rogue and Coin is 0.0. Overlapping area represents the amount of risk that can be diversified away by holding Rogue Station Companies and Coin Citadel in the same portfolio, assuming nothing else is changed. The correlation between historical prices or returns on Coin Citadel and Rogue Station 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 Rogue Station Companies are associated (or correlated) with Coin Citadel. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of Coin Citadel has no effect on the direction of Rogue Station i.e., Rogue Station and Coin Citadel go up and down completely randomly.

Pair Corralation between Rogue Station and Coin Citadel

If you would invest  0.01  in Coin Citadel on July 17, 2025 and sell it today you would earn a total of  0.00  from holding Coin Citadel or generate 0.0% return on investment over 90 days.

Time Period	3 Months [change]
Direction	Flat
Strength	Insignificant
Accuracy	0.0%
Values	Daily Returns

Rogue Station Companies  vs.  Coin Citadel

Rogue Station Companies

Risk-Adjusted Performance

Weakest

Over the last 90 days Rogue Station Companies has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of comparatively stable basic indicators, Rogue Station is not utilizing all of its potentials. The current stock price uproar, may contribute to short-horizon losses for the private investors.

Coin Citadel

Risk-Adjusted Performance

Weakest

Over the last 90 days Coin Citadel has generated negative risk-adjusted returns adding no value to investors with long positions. Despite quite persistent basic indicators, Coin Citadel is not utilizing all of its potentials. The latest stock price mess, may contribute to short-term losses for the institutional investors.

Pair Trading with Rogue Station and Coin Citadel

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

The idea behind Rogue Station Companies and Coin Citadel 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 Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.