Amesite Operating Correlations
| AMST Stock | USD 3.92 0.16 3.92% |
The current 90-days correlation between Amesite Operating and Infobird Co is -0.11 (i.e., Good diversification). The correlation of Amesite Operating 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.
Amesite Operating Correlation With Market
Good diversification
The correlation between Amesite Operating Co and DJI is -0.1 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Amesite Operating Co and DJI in the same portfolio, assuming nothing else is changed.
Amesite |
Moving together with Amesite Stock
| 0.66 | U | Unity Software | PairCorr |
| 0.62 | AI | C3 Ai Inc | PairCorr |
| 0.67 | KC | Kingsoft Cloud Holdings | PairCorr |
| 0.66 | DOCU | DocuSign Sell-off Trend | PairCorr |
| 0.7 | WBTN | WEBTOON Entertainment | PairCorr |
| 0.71 | WFCF | Where Food Comes | PairCorr |
Moving against Amesite Stock
| 0.76 | XELAP | Exela Technologies | PairCorr |
| 0.38 | VTEX | VTEX | PairCorr |
| 0.61 | SBIGW | SpringBig Holdings | PairCorr |
| 0.36 | ETWO | E2open Parent Holdings | PairCorr |
| 0.32 | EVOL | Evolving Systems | 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 Amesite Stock performing well and Amesite Operating 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 Amesite Operating'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| IFBD | 5.06 | 0.61 | 0.08 | 3.91 | 5.57 | 11.00 | 65.71 | |||
| HTCR | 5.72 | 1.43 | 0.23 | 0.45 | 6.20 | 14.14 | 30.80 | |||
| KBNT | 4.26 | 0.14 | (0.01) | 0.00 | 5.26 | 7.94 | 59.23 | |||
| BMR | 3.61 | 0.03 | 0.02 | 0.11 | 3.39 | 8.63 | 24.22 | |||
| IDAI | 9.63 | 2.35 | 0.17 | (1.29) | 8.29 | 19.05 | 160.36 | |||
| MVLA | 3.96 | 0.58 | 0.11 | (3.43) | 3.50 | 8.82 | 44.13 | |||
| QH | 4.04 | 0.46 | 0.05 | (0.29) | 4.66 | 12.67 | 26.17 | |||
| CXAI | 4.19 | (0.08) | (0.01) | 0.02 | 5.15 | 9.15 | 46.87 | |||
| INPX | 4.54 | (1.64) | 0.00 | (1.61) | 0.00 | 5.71 | 49.23 |
Amesite Operating Corporate Management
| Kalie Wortinger | Senior Engineering | Profile | |
| Sherlyn Farrell | Chief Officer | Profile | |
| Jay Majumdar | Vice Partnerships | Profile | |
| Brandon Owens | Director Sales | Profile | |
| Mike Smiley | Director People | Profile | |
| Mark Corrao | Chief Officer | Profile |