AA Mission Correlations
AAM Stock | 10.44 0.00 0.00% |
The current 90-days correlation between AA Mission Acquisition and Marine Products is -0.13 (i.e., Good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as AA Mission moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AA Mission Acquisition moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
AA Mission Correlation With Market
Good diversification
The correlation between AA Mission Acquisition and DJI is -0.06 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding AA Mission Acquisition and DJI in the same portfolio, assuming nothing else is changed.
Moving together with AAM Stock
0.96 | DMAA | Drugs Made In | PairCorr |
0.95 | VACH | Voyager Acquisition Corp | PairCorr |
0.9 | YHNAU | YHN Acquisition I | PairCorr |
0.77 | NOEMU | CO2 Energy Transition | PairCorr |
0.91 | VCIC | Vine Hill Capital | PairCorr |
0.93 | DRDB | Roman DBDR Acquisition | PairCorr |
0.78 | DTSQ | DT Cloud Star | PairCorr |
0.88 | DYNX | Dynamix Class | PairCorr |
0.88 | BACQR | Bleichroeder Acquisition | PairCorr |
0.93 | BACQU | Bleichroeder Acquisition | PairCorr |
0.63 | EURK | Eureka Acquisition Corp | PairCorr |
0.84 | DISTR | Distoken Acquisition | PairCorr |
0.97 | WLAC | Willow Lane Acquisition | PairCorr |
0.74 | GDSTW | Goldenstone Acquisition | PairCorr |
0.96 | FGMC | FG Merger II | PairCorr |
0.81 | BAYAR | Bayview Acquisition Corp | PairCorr |
0.8 | BAYAU | Bayview Acquisition Corp | PairCorr |
0.61 | KVACW | Keen Vision Acquisition | PairCorr |
0.82 | FACTW | FACT II Acquisition | PairCorr |
0.93 | ALF | Centurion Acquisition | PairCorr |
0.8 | FORL | Four Leaf Acquisition | PairCorr |
0.93 | CUB | Lionheart Holdings | PairCorr |
0.94 | EQV | EQV Ventures Acquisition | PairCorr |
0.95 | FVN | Future Vision II | PairCorr |
0.68 | FSHP | Flag Ship Acquisition | PairCorr |
0.96 | GIG | GigCapital7 Corp Class | PairCorr |
Moving against AAM Stock
0.55 | FACT | FACT II Acquisition | PairCorr |
0.44 | GDSTU | Goldenstone Acquisition | PairCorr |
0.59 | FSHPR | Flag Ship Acquisition | PairCorr |
Related Correlations Analysis
0.77 | 0.75 | 0.89 | 0.76 | 0.79 | 0.61 | MOD | ||
0.77 | 0.81 | 0.85 | 0.71 | 0.85 | 0.43 | LI | ||
0.75 | 0.81 | 0.74 | 0.48 | 0.73 | 0.49 | CVWFF | ||
0.89 | 0.85 | 0.74 | 0.91 | 0.84 | 0.63 | APTV | ||
0.76 | 0.71 | 0.48 | 0.91 | 0.64 | 0.62 | BC | ||
0.79 | 0.85 | 0.73 | 0.84 | 0.64 | 0.43 | TSLA | ||
0.61 | 0.43 | 0.49 | 0.63 | 0.62 | 0.43 | MPX | ||
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Risk-Adjusted Indicators
There is a big difference between AAM Stock performing well and AA Mission 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 AA Mission'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
MOD | 2.57 | (0.07) | 0.05 | 0.20 | 3.44 | 6.57 | 28.01 | |||
LI | 2.13 | 0.24 | 0.07 | 0.57 | 2.21 | 6.07 | 11.29 | |||
CVWFF | 2.03 | 0.79 | 0.12 | (2.63) | 1.41 | 7.14 | 30.93 | |||
APTV | 1.99 | 0.13 | 0.10 | 0.33 | 2.10 | 4.73 | 19.44 | |||
BC | 2.27 | 0.06 | 0.10 | 0.27 | 2.39 | 5.70 | 22.61 | |||
TSLA | 3.33 | 0.00 | 0.07 | 0.24 | 3.62 | 6.94 | 36.95 | |||
MPX | 1.82 | (0.01) | 0.01 | 0.23 | 1.86 | 3.51 | 15.55 |