Aterian Correlations

Stocks . USA . 
Stock . Aterian
ATER Stock  USD 1.51  0.04  2.58%   
The current 90-days correlation between Aterian and NetSol Technologies is -0.02 (i.e., Good diversification). The correlation of Aterian 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.

Aterian Correlation With Market

Good diversification

The correlation between Aterian and DJI is -0.09 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Aterian and DJI in the same portfolio, assuming nothing else is changed.
  
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aterian. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
To learn how to invest in Aterian Stock, please use our How to Invest in Aterian guide.

Moving together with Aterian Stock

  0.63PC Premium CateringPairCorr
  0.67SG SweetgreenPairCorr
  0.64DNUT Krispy KremePairCorr
  0.63EEIQ Elite Education GroupPairCorr

Moving against Aterian Stock

  0.69FL Foot LockerPairCorr
  0.6W WayfairPairCorr
  0.6BH Biglari HoldingsPairCorr
  0.53BC BrunswickPairCorr
  0.47AN AutoNationPairCorr
  0.41HOFT Hooker FurniturePairCorr
  0.34DIBS 1StdibsComPairCorr
  0.72JL J Long GroupPairCorr
  0.71DOOO BRP IncPairCorr
  0.54DLTH Duluth HoldingsPairCorr
  0.44RL Ralph Lauren CorpPairCorr
  0.44DOGZ Dogness InternationalPairCorr
  0.38LI Li AutoPairCorr
  0.38VC Visteon CorpPairCorr
  0.72EWCZ European Wax CenterPairCorr
  0.72BDL Flanigans EnterprisesPairCorr
  0.67WING WingstopPairCorr
  0.63EPSM Epsium EnterprisePairCorr
  0.6FLYE Fly E Group,PairCorr
  0.56FLUT Flutter Entertainment plcPairCorr

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   
RUM
+ 0.68
NTWK
TTAM
+ 0.66
RUM
ALMMF
+ 0.63
NTWK
TTAM
+ 0.59
BILL
RUM
+ 0.56
BILL
B
+ 0.52
NTWK
  
High negative correlations   
NTWK
- 0.4
KSPI
RUM
- 0.38
KSPI
B
- 0.22
TTAM
ALMMF
- 0.17
KSPI
B
- 0.11
BILL
TTAM
- 0.09
ALMMF

Risk-Adjusted Indicators

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

Aterian Corporate Management

Phillip LepperChief OfficerProfile
Arturo RodriguezChief OfficerProfile
Penelopi KosteasLoucaVP PeopleProfile
Yaniv SarigPresident, CoFounderProfile
Fabrice HamaideGM EuropeProfile
Gary TroyanowskiSenior AccountingProfile
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