Ameren Illinois Correlations
| AILLN Stock | USD 81.95 0.00 0.00% |
A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ameren Illinois moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ameren Illinois moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Ameren Illinois Correlation With Market
Good diversification
The correlation between Ameren Illinois 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 Ameren Illinois and DJI in the same portfolio, assuming nothing else is changed.
Ameren |
The ability to find closely correlated positions to Ameren Illinois could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ameren Illinois when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ameren Illinois - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ameren Illinois to buy it.
Moving together with Ameren Pink Sheet
| 0.62 | IQ | iQIYI Inc Aggressive Push | PairCorr |
Moving against Ameren Pink Sheet
| 0.42 | PCG | PGE Corp | PairCorr |
| 0.36 | BAC | Bank of America Fiscal Year End 10th of January 2025 | PairCorr |
| 0.33 | LUNR | Intuitive Machines | PairCorr |
| 0.33 | AVTE | Aerovate Therapeutics | PairCorr |
| 0.31 | RXRX | Recursion Pharmaceuticals | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between Ameren Pink Sheet performing well and Ameren Illinois 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 Ameren Illinois' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| DUK | 0.89 | (0.09) | 0.00 | (0.37) | 0.00 | 1.77 | 4.54 | |||
| ED | 0.82 | (0.16) | 0.00 | (1.16) | 0.00 | 1.26 | 4.57 | |||
| D | 1.01 | (0.06) | 0.00 | (0.37) | 0.00 | 1.83 | 7.68 | |||
| AEP | 0.88 | (0.09) | 0.00 | 0.42 | 0.00 | 1.39 | 6.17 | |||
| NEE | 1.14 | (0.09) | 0.00 | 0.40 | 0.00 | 1.77 | 7.75 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Ameren Illinois without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Fundamental Analysis Now
Fundamental AnalysisView fundamental data based on most recent published financial statements |
| All Next | Launch Module |
Ameren Illinois Corporate Management
| Theresa Shaw | Sr Officer | Profile | |
| Leonard Singh | Chairman Pres | Profile | |
| Patrick Smith | VP Director | Profile | |
| Chonda Esq | Gen VP | Profile | |
| David Wakeman | VP Director | Profile | |
| Douglas Fischer | Director Relations | Profile | |
| Gwendolyn Mizell | Diversity Sustainability | Profile |