Correlation Between Satellogic Warrant and Satellogic

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

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

Diversification Opportunities for Satellogic Warrant and Satellogic

0.81

Correlation Coefficient

Satellogic Warrant  Satellogic

Very poor diversification

The 3 months correlation between Satellogic and Satellogic is 0.81. Overlapping area represents the amount of risk that can be diversified away by holding Satellogic Warrant and Satellogic V in the same portfolio, assuming nothing else is changed. The correlation between historical prices or returns on Satellogic V and Satellogic Warrant 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 Satellogic Warrant are associated (or correlated) with Satellogic. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of Satellogic V has no effect on the direction of Satellogic Warrant i.e., Satellogic Warrant and Satellogic go up and down completely randomly.

Pair Corralation between Satellogic Warrant and Satellogic

Assuming the 90 days horizon Satellogic Warrant is expected to under-perform the Satellogic. In addition to that, Satellogic Warrant is 1.73 times more volatile than Satellogic V. It trades about -0.07 of its total potential returns per unit of risk. Satellogic V is currently generating about -0.07 per unit of volatility. If you would invest  415.00  in Satellogic V on May 14, 2025 and sell it today you would lose (87.00) from holding Satellogic V or give up 20.96% of portfolio value over 90 days.

Time Period	3 Months [change]
Direction	Moves Together
Strength	Strong
Accuracy	95.16%
Values	Daily Returns

Satellogic Warrant  vs.  Satellogic V

Satellogic Warrant

Risk-Adjusted Performance

Weakest

Over the last 90 days Satellogic Warrant has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of abnormal performance in the last few months, the Stock's essential indicators remain fairly stable which may send shares a bit higher in September 2025. The latest fuss may also be a sign of long-term up-swing for the venture sophisticated investors.

Satellogic V

Risk-Adjusted Performance

Weakest

Over the last 90 days Satellogic V 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 quite persistent which may send shares a bit higher in September 2025. The latest mess may also be a sign of long-standing up-swing for the company institutional investors.

Pair Trading with Satellogic Warrant and Satellogic

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

The idea behind Satellogic Warrant and Satellogic V 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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.