AAC Holdings Correlations
| AACDelisted Stock | USD 10.56 0.01 0.09% |
The correlation of AAC Holdings is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
AAC Holdings Correlation With Market
Average diversification
The correlation between AAC Holdings and DJI is 0.15 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding AAC Holdings and DJI in the same portfolio, assuming nothing else is changed.
AAC |
Moving together with AAC Stock
| 0.9 | BRK-A | Berkshire Hathaway | PairCorr |
| 0.64 | VZ | Verizon Communications Fiscal Year End 28th of January 2025 | PairCorr |
| 0.78 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.82 | TRV | The Travelers Companies Fiscal Year End 17th of January 2025 | PairCorr |
| 0.95 | IBM | International Business Sell-off Trend | PairCorr |
| 0.62 | PFE | Pfizer Inc Sell-off Trend | PairCorr |
| 0.95 | KO | Coca Cola Fiscal Year End 11th of February 2025 | PairCorr |
| 0.62 | GE | GE Aerospace Fiscal Year End 28th of January 2025 | PairCorr |
| 0.87 | T | ATT Inc Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.77 | HD | Home Depot | PairCorr |
| 0.81 | WMT | Walmart | PairCorr |
Moving against AAC Stock
| 0.86 | GOOG | Alphabet Class C Aggressive Push | PairCorr |
| 0.8 | DIS | Walt Disney Sell-off Trend | PairCorr |
| 0.8 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
| 0.77 | INTC | Intel Aggressive Push | PairCorr |
| 0.73 | MSFT | Microsoft Aggressive Push | PairCorr |
| 0.73 | CVX | Chevron Corp Fiscal Year End 7th of February 2025 | PairCorr |
| 0.55 | AMZN | Amazon Inc | PairCorr |
| 0.51 | NVDA | NVIDIA | PairCorr |
| 0.37 | HPQ | HP Inc Fiscal Year End 19th of November 2024 | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between AAC Stock performing well and AAC Holdings Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze AAC Holdings' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| META | 1.59 | 0.07 | 0.02 | 0.20 | 2.06 | 3.93 | 11.55 | |||
| MSFT | 1.00 | (0.13) | 0.00 | (0.04) | 0.00 | 1.83 | 5.77 | |||
| UBER | 1.78 | 0.00 | 0.00 | 0.11 | 2.10 | 5.29 | 13.81 | |||
| F | 1.70 | (0.23) | 0.00 | (0.04) | 0.00 | 3.21 | 22.50 | |||
| T | 0.96 | 0.31 | 0.15 | (8.71) | 0.97 | 2.53 | 7.97 | |||
| A | 1.07 | 0.00 | 0.00 | 0.12 | 1.29 | 2.69 | 6.98 | |||
| CRM | 1.34 | 0.08 | 0.07 | 0.18 | 1.30 | 3.78 | 7.90 | |||
| JPM | 1.11 | (0.01) | 0.01 | 0.10 | 1.67 | 2.05 | 7.98 | |||
| MRK | 1.10 | (0.11) | 0.00 | 4.80 | 0.00 | 2.01 | 13.12 | |||
| XOM | 1.07 | 0.04 | 0.00 | 0.17 | 1.29 | 2.10 | 6.61 |
AAC Holdings Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with AAC Holdings stock to make a market-neutral strategy. Peer analysis of AAC Holdings could also be used in its relative valuation, which is a method of valuing AAC Holdings by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
AAC Holdings Corporate Executives
Elected by the shareholders, the AAC Holdings' board of directors comprises two types of representatives: AAC Holdings inside directors who are chosen from within the company, and outside directors, selected externally and held independent of AAC. The board's role is to monitor AAC Holdings' management team and ensure that shareholders' interests are well served. AAC Holdings' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, AAC Holdings' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Jarrod Phillips | Chief Financial Officer | Profile | |
| Allyson Satin | Chief Operating Officer | Profile |
Still Interested in AAC Holdings?
Investing in delisted delisted stocks can be risky, as the stock is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.