ACI Worldwide Correlations

ACIW Stock  USD 45.34  0.36  0.79%   
The current 90-days correlation between ACI Worldwide and Evertec is 0.28 (i.e., Modest diversification). The correlation of ACI Worldwide 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.

ACI Worldwide Correlation With Market

Very weak diversification

The correlation between ACI Worldwide and DJI is 0.5 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding ACI Worldwide and DJI in the same portfolio, assuming nothing else is changed.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ACI Worldwide. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy ACI Stock please use our How to Invest in ACI Worldwide guide.

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Related Correlations Analysis

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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   
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AGYSNTCT
AGYSAVDX
NTCTEVTC
ABCBAVDX
ABCBAGYS
  
High negative correlations   
AAONAGYS
AAONNTCT
ABCBAAON
AAONBLKB
AAONAVDX

Risk-Adjusted Indicators

There is a big difference between ACI Stock performing well and ACI Worldwide 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 ACI Worldwide'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.

ACI Worldwide Corporate Management

Dennis ByrnesChief Admin. Officer, Executive VP, General Counsel and SecretaryProfile
Karen HobbsInterim OfficerProfile
Abraham KuruvillaExecutive OfficerProfile
Abe KuruvillaExecutive OfficerProfile
Debbie GuerraExecutive OfficerProfile
Craig RamseyProduct PaymentsProfile
John KraftHead FinanceProfile