Aclarion Correlations

ACON Stock

USD 0.78 0.09 10.34%

The current 90-days correlation between Aclarion and FOXO Technologies is 0.14 (i.e., Average diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Aclarion moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aclarion moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Aclarion Correlation With Market

Significant diversification

The correlation between Aclarion and DJI is 0.03 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Aclarion 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 Aclarion. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

To learn how to invest in Aclarion Stock, please use our How to Invest in Aclarion guide.

Moving together with Aclarion Stock

0.88	OM	Outset Medical	Pair Corr
0.69	VREX	Varex Imaging Corp	Pair Corr
0.7	EKSO	Ekso Bionics Holdings	Pair Corr
0.72	ELAB	Elevai Labs, Common Upward Rally	Pair Corr
0.76	EMBC	Embecta Corp	Pair Corr
0.67	ESTA	Establishment Labs	Pair Corr
0.61	EUDA	EUDA Health Holdings	Pair Corr
0.7	WORX	Scworx Corp	Pair Corr
0.77	FLGT	Fulgent Genetics	Pair Corr
0.89	AWH	Aspira Womens Health Earnings Call This Week	Pair Corr

Moving against Aclarion Stock

0.79	LH	Laboratory	Pair Corr
0.74	GH	Guardant Health	Pair Corr
0.61	DOCS	Doximity	Pair Corr
0.6	FEMY	Femasys	Pair Corr
0.58	CI	Cigna Corp	Pair Corr
0.55	EHAB	Enhabit	Pair Corr
0.52	MD	Mednax Inc	Pair Corr
0.45	VEEV	Veeva Systems Class	Pair Corr
0.44	EDAP	EDAP TMS SA	Pair Corr
0.32	DXCM	DexCom Inc	Pair Corr
0.88	AGL	agilon health	Pair Corr
0.81	ABT	Abbott Laboratories	Pair Corr
0.81	COR	Cencora	Pair Corr
0.8	BSX	Boston Scientific Corp	Pair Corr
0.8	CAH	Cardinal Health	Pair Corr
0.8	CVS	CVS Health Corp Aggressive Push	Pair Corr
0.77	CON	Concentra Group Holdings	Pair Corr
0.74	ALC	Alcon AG	Pair Corr
0.74	DGX	Quest Diagnostics	Pair Corr
0.69	CHE	Chemed Corp	Pair Corr

Related Correlations Analysis

	EUDA	FOXO	AUGX	ETAO	AKLI	HCTI	MGRX	HSTM	NRC
EUDA		0.8	0.0	0.0	0.0	0.45	-0.44	-0.12	0.5	EUDA
FOXO	0.8		0.0	0.0	0.0	0.62	-0.65	-0.13	0.77	FOXO
AUGX	0.0	0.0		0.0	0.0	0.0	0.0	0.0	0.0	AUGX
ETAO	0.0	0.0	0.0		0.0	0.0	0.0	0.0	0.0	ETAO
AKLI	0.0	0.0	0.0	0.0		0.0	0.0	0.0	0.0	AKLI
HCTI	0.45	0.62	0.0	0.0	0.0		-0.79	-0.34	0.71	HCTI
MGRX	-0.44	-0.65	0.0	0.0	0.0	-0.79		0.56	-0.59	MGRX
HSTM	-0.12	-0.13	0.0	0.0	0.0	-0.34	0.56		-0.07	HSTM
NRC	0.5	0.77	0.0	0.0	0.0	0.71	-0.59	-0.07		NRC
	EUDA	FOXO	AUGX	ETAO	AKLI	HCTI	MGRX	HSTM	NRC

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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

FOXO	+ 0.8	EUDA
NRC	+ 0.77	FOXO
NRC	+ 0.71	HCTI
HCTI	+ 0.62	FOXO
HSTM	+ 0.56	MGRX
NRC	+ 0.5	EUDA

High negative correlations

MGRX	- 0.79	HCTI
MGRX	- 0.65	FOXO
NRC	- 0.59	MGRX
MGRX	- 0.44	EUDA
HSTM	- 0.34	HCTI
HSTM	- 0.13	FOXO

Risk-Adjusted Indicators

There is a big difference between Aclarion Stock performing well and Aclarion 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 Aclarion'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
EUDA	4.68	(0.07)	0.00	0.16	0.00	0.00	10.81	(8.47)	33.72
FOXO	6.81	(1.14)	0.00	(2.40)	0.00	0.00	14.29	(12.50)	88.13
AUGX	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
ETAO	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
AKLI	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
HCTI	9.50	(0.23)	0.00	(0.24)	0.00	0.00	34.21	(17.24)	86.11
MGRX	5.02	0.79	0.15	26.60	5.43	(6.31)	11.63	(8.26)	39.98
HSTM	0.99	0.01	0.00	(0.08)	0.00	0.00	1.81	(2.54)	6.42
NRC	1.93	(0.25)	0.00	(0.31)	0.00	0.00	3.81	(3.35)	16.14

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