Atlantic American Correlations

AAME Stock  USD 1.50  0.03  1.96%   
The correlation of Atlantic American 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.

Atlantic American Correlation With Market

Good diversification

The correlation between Atlantic American 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 Atlantic American 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 Atlantic American. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For information on how to trade Atlantic Stock refer to our How to Trade Atlantic Stock guide.

Moving against Atlantic Stock

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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   
AAIGFAAGIY
FGCNO
AAGIYPUK
AAIGFPUK
AELCNO
AELFG
  
High negative correlations   
PUKCNO
AAGIYMET-PA
AAIGFMET-PA
AAGIYCNO
AAIGFCNO
AELAAGIY

Risk-Adjusted Indicators

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

Atlantic American Corporate Management