Correlation Between Accelerated Technologies and Earth Life

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

By analyzing existing cross correlation between Accelerated Technologies Holding and Earth Life Sciences, you can compare the effects of market volatilities on Accelerated Technologies and Earth Life 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 Accelerated Technologies with a short position of Earth Life. Check out your portfolio center. Please also check ongoing floating volatility patterns of Accelerated Technologies and Earth Life.

Diversification Opportunities for Accelerated Technologies and Earth Life

0.0

Correlation Coefficient

Accelerated Technologies  Earth Life

Pay attention - limited upside

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

Pair Corralation between Accelerated Technologies and Earth Life

If you would invest (100.00) in Earth Life Sciences on May 17, 2025 and sell it today you would earn a total of  100.00  from holding Earth Life Sciences or generate -100.0% return on investment over 90 days.

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

Accelerated Technologies Holdi  vs.  Earth Life Sciences

Accelerated Technologies

Risk-Adjusted Performance

Weakest

Over the last 90 days Accelerated Technologies Holding has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound technical indicators, Accelerated Technologies is not utilizing all of its potentials. The current stock price tumult, may contribute to shorter-term losses for the shareholders.

Earth Life Sciences

Risk-Adjusted Performance

Weakest

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

Pair Trading with Accelerated Technologies and Earth Life

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

The idea behind Accelerated Technologies Holding and Earth Life Sciences 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 Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.