Atlantic Coastal Correlations
| ACAHUDelisted Stock | USD 10.40 0.00 0.00% |
The current 90-days correlation between Atlantic Coastal Acq and Aurora Acquisition Corp is -0.08 (i.e., Good diversification). The correlation of Atlantic Coastal 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. If the correlation is 0, the equities are not correlated; they are entirely random.
Atlantic Coastal Correlation With Market
Significant diversification
The correlation between Atlantic Coastal Acquisition and DJI is 0.01 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Atlantic Coastal Acquisition and DJI in the same portfolio, assuming nothing else is changed.
Atlantic |
Moving together with Atlantic Stock
| 0.66 | PYPL | PayPal Holdings Aggressive Push | PairCorr |
| 0.62 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
| 0.77 | JPM | JPMorgan Chase Fiscal Year End 10th of January 2025 | PairCorr |
| 0.72 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.77 | BAC | Bank of America Fiscal Year End 10th of January 2025 | PairCorr |
| 0.71 | T | ATT Inc Sell-off Trend | PairCorr |
| 0.72 | CSCO | Cisco Systems | PairCorr |
Moving against Atlantic Stock
| 0.81 | PFE | Pfizer Inc Fiscal Year End 4th of February 2025 | PairCorr |
| 0.76 | PPERY | Bank Mandiri Persero | PairCorr |
| 0.74 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.73 | PTBRY | Bank Negara Indonesia Normal Trading | PairCorr |
| 0.71 | PPERF | Bank Mandiri Persero | PairCorr |
| 0.7 | BKRKY | Bank Rakyat | PairCorr |
| 0.62 | BKRKF | PT Bank Rakyat | PairCorr |
| 0.58 | PBCRY | Bank Central Asia | PairCorr |
| 0.47 | MCD | McDonalds Fiscal Year End 3rd of February 2025 | PairCorr |
| 0.46 | VZ | Verizon Communications Fiscal Year End 28th of January 2025 | PairCorr |
| 0.35 | MMM | 3M Company Fiscal Year End 28th of January 2025 | PairCorr |
| 0.35 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
| 0.31 | DD | Dupont De Nemours Sell-off Trend | PairCorr |
Related Correlations Analysis
| 0.56 | 0.82 | 0.55 | 0.68 | AURCU | ||
| 0.56 | 0.59 | 0.13 | 0.58 | ANZUU | ||
| 0.82 | 0.59 | 0.5 | 0.66 | ARRWU | ||
| 0.55 | 0.13 | 0.5 | 0.37 | DHCAU | ||
| 0.68 | 0.58 | 0.66 | 0.37 | ACAH | ||
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between Atlantic Stock performing well and Atlantic Coastal 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 Atlantic Coastal's 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| AURCU | 0.18 | 0.09 | 0.00 | (1.12) | 0.00 | 0.29 | 3.93 | |||
| ANZUU | 0.34 | 0.03 | (0.07) | (5.94) | 0.49 | 0.88 | 7.17 | |||
| ARRWU | 0.13 | 0.03 | (0.30) | 0.79 | 0.00 | 0.57 | 1.25 | |||
| DHCAU | 0.21 | 0.01 | 0.00 | 0.58 | 0.00 | 0.59 | 6.25 | |||
| ACAH | 0.33 | 0.03 | (0.07) | (0.31) | 0.54 | 0.87 | 6.06 |
Atlantic Coastal 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 Atlantic Coastal stock to make a market-neutral strategy. Peer analysis of Atlantic Coastal could also be used in its relative valuation, which is a method of valuing Atlantic Coastal by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Atlantic Coastal Corporate Management
| Ned Sizer | Chief Officer | Profile | |
| Anthony Eisenberg | Chief Director | Profile | |
| Shahraab Ahmad | Chairman CEO | Profile | |
| Burt Jordan | Pres Director | Profile | |
| Jason Chryssicas | Chief Officer | Profile | |
| KhashErdene Gantumur | Chief Officer | Profile | |
| Anthony Porcheron | Chief Officer | Profile |
Still Interested in Atlantic Coastal Acquisition?
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.