AKA Brands Correlations
| AKA Stock | USD 14.27 0.40 2.73% |
The current 90-days correlation between AKA Brands Holding and Brilliant Earth Group is 0.13 (i.e., Average diversification). The correlation of AKA Brands 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.
AKA Brands Correlation With Market
Significant diversification
The correlation between AKA Brands Holding and DJI is 0.06 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding AKA Brands Holding and DJI in the same portfolio, assuming nothing else is changed.
AKA |
Moving together with AKA Stock
| 0.86 | CAL | Continental | PairCorr |
| 0.79 | UPBD | Upbound Group | PairCorr |
| 0.61 | F | Ford Motor Aggressive Push | PairCorr |
| 0.62 | GM | General Motors Aggressive Push | PairCorr |
| 0.81 | DOGZ | Dogness International Upward Rally | PairCorr |
| 0.62 | WING | Wingstop | PairCorr |
| 0.78 | AXL | American Axle Manufa | PairCorr |
| 0.76 | CMG | Chipotle Mexican Grill Aggressive Push | PairCorr |
| 0.69 | MOD | Modine Manufacturing Buyout Trend | PairCorr |
| 0.74 | MPX | Marine Products | PairCorr |
| 0.72 | QSR | Restaurant Brands | PairCorr |
| 0.7 | VRA | Vera Bradley | PairCorr |
Moving against AKA Stock
| 0.79 | DRI | Darden Restaurants | PairCorr |
| 0.72 | FNKO | Funko Inc Earnings Call This Week | PairCorr |
| 0.43 | IH | Ihuman Inc | PairCorr |
| 0.84 | PLYA | Playa Hotels Resorts | PairCorr |
| 0.71 | LTH | Life Time Group | PairCorr |
| 0.38 | RCKY | Rocky Brands | PairCorr |
| 0.37 | MAT | Mattel Inc | PairCorr |
| 0.35 | JAKK | JAKKS Pacific | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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 AKA Stock performing well and AKA Brands 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 AKA Brands' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BRLT | 2.97 | (0.14) | 0.00 | (0.14) | 0.00 | 5.59 | 32.30 | |||
| SOVO | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| LVLU | 2.83 | (0.80) | 0.00 | (1.64) | 0.00 | 5.88 | 17.69 | |||
| CURV | 2.89 | 0.78 | 0.13 | 0.74 | 4.91 | 6.53 | 31.64 | |||
| AVAH | 2.58 | (0.37) | 0.00 | (0.20) | 0.00 | 4.94 | 20.47 |
AKA Brands Corporate Management
| Lilliana Lin | General Secretary | Profile | |
| Emily Schwartz | Head Communications | Profile | |
| Simon Beard | CEO Director | Profile | |
| Emily Goldberg | Head Communications | Profile | |
| Wesley Bryett | Director Nominee | Profile | |
| John Gonneville | Vice President of Strategy and M&A | Profile |