Ault Disruptive Correlations
| ADRTDelisted Stock | USD 11.40 0.10 0.88% |
The current 90-days correlation between Ault Disruptive Tech and Adit EdTech Acquisition is 0.02 (i.e., Significant diversification). The correlation of Ault Disruptive 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.
Ault Disruptive Correlation With Market
Good diversification
The correlation between Ault Disruptive Technologies and DJI is -0.05 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Ault Disruptive Technologies and DJI in the same portfolio, assuming nothing else is changed.
Ault |
Moving together with Ault Stock
| 0.73 | BKRKF | PT Bank Rakyat | PairCorr |
| 0.9 | BKRKY | Bank Rakyat | PairCorr |
| 0.87 | PPERY | Bank Mandiri Persero | PairCorr |
| 0.79 | PPERF | Bank Mandiri Persero | PairCorr |
| 0.77 | PBCRY | Bank Central Asia | PairCorr |
| 0.73 | PTBRY | Bank Negara Indonesia | PairCorr |
| 0.65 | MMM | 3M Company Fiscal Year End 28th of January 2025 | PairCorr |
| 0.74 | PFE | Pfizer Inc Aggressive Push | PairCorr |
| 0.87 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
Moving against Ault Stock
| 0.85 | CSCO | Cisco Systems | PairCorr |
| 0.82 | JPM | JPMorgan Chase Fiscal Year End 10th of January 2025 | PairCorr |
| 0.81 | BAC | Bank of America Fiscal Year End 10th of January 2025 | PairCorr |
| 0.77 | T | ATT Inc Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.75 | MZHOF | Mizuho Financial | PairCorr |
| 0.75 | PYPL | PayPal Holdings | PairCorr |
| 0.74 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.7 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
| 0.6 | MBFJF | Mitsubishi UFJ Financial | PairCorr |
| 0.53 | HD | Home Depot | PairCorr |
| 0.42 | JPSTF | JAPAN POST BANK | PairCorr |
| 0.35 | JPHLF | Japan Post Holdings | PairCorr |
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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Ault Stock performing well and Ault Disruptive 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 Ault Disruptive'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| AURC | 0.21 | 0.03 | 0.01 | 1.74 | 0.28 | 0.49 | 4.15 | |||
| ADEX | 4.50 | (0.68) | 0.00 | (1.43) | 0.00 | 13.24 | 50.45 | |||
| ACAX | 0.49 | 0.04 | 0.01 | (0.15) | 1.27 | 0.48 | 13.40 | |||
| DALS | 0.16 | 0.01 | (0.04) | (0.38) | 0.12 | 0.49 | 1.18 | |||
| ARYD | 3.67 | (0.90) | 0.00 | 1.90 | 0.00 | 4.64 | 64.08 | |||
| DTOC | 0.14 | 0.03 | 0.02 | (1.05) | 0.00 | 0.58 | 1.65 | |||
| OPA | 0.23 | 0.03 | 0.01 | (0.18) | 0.36 | 0.58 | 4.86 | |||
| GENQ | 0.23 | (0.06) | 0.00 | (0.53) | 0.00 | 0.28 | 2.46 | |||
| LGVC | 0.37 | 0.00 | (0.01) | 0.08 | 0.73 | 0.67 | 9.80 | |||
| CPAA | 0.07 | 0.01 | (0.10) | 2.37 | 0.00 | 0.20 | 0.30 |
Ault Disruptive Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Ault Disruptive stock to make a market-neutral strategy. Peer analysis of Ault Disruptive could also be used in its relative valuation, which is a method of valuing Ault Disruptive by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Still Interested in Ault Disruptive Technologies?
Investing in delisted delisted stocks can be risky, as the stock is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.