American Rebel Correlations

AREBW Stock

USD 0.02 0.0008 5.48%

The correlation of American Rebel 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.

American Rebel Correlation With Market

Significant diversification

The correlation between American Rebel Holdings and DJI is 0.09 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding American Rebel Holdings and DJI in the same portfolio, assuming nothing else is changed.

Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Moving against American Stock

0.51	BZH	Beazer Homes USA	Pair Corr
0.48	MHO	MI Homes	Pair Corr
0.44	GIII	G III Apparel	Pair Corr
0.34	UA	Under Armour C	Pair Corr
0.33	VNCE	Vince Holding Corp	Pair Corr
0.33	OXM	Oxford Industries Earnings Call Today	Pair Corr
0.31	LGIH	LGI Homes	Pair Corr
0.41	XELB	Xcel Brands Trending	Pair Corr
0.4	KIRK	Kirklands	Pair Corr
0.39	RENT	Rent the Runway	Pair Corr

Related Correlations Analysis

	TPB	WVVIP	BNTX	ARDX	PM	SYRE
TPB		0.06	0.26	0.35	0.59	0.01	TPB
WVVIP	0.06		0.52	0.0	-0.38	0.55	WVVIP
BNTX	0.26	0.52		0.13	-0.47	0.75	BNTX
ARDX	0.35	0.0	0.13		0.36	-0.16	ARDX
PM	0.59	-0.38	-0.47	0.36		-0.68	PM
SYRE	0.01	0.55	0.75	-0.16	-0.68		SYRE
	TPB	WVVIP	BNTX	ARDX	PM	SYRE

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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

SYRE	+ 0.75	BNTX
PM	+ 0.59	TPB
SYRE	+ 0.55	WVVIP
BNTX	+ 0.52	WVVIP
PM	+ 0.36	ARDX
ARDX	+ 0.35	TPB

High negative correlations

SYRE	- 0.68	PM
PM	- 0.47	BNTX
PM	- 0.38	WVVIP
SYRE	- 0.16	ARDX
ARDX	- 0.0	WVVIP

Risk-Adjusted Indicators

There is a big difference between American Stock performing well and American Rebel 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 American Rebel'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
TPB	1.56	(0.02)	0.00	(0.02)	0.00	0.00	3.03	(4.51)	16.88
WVVIP	1.54	0.01	0.00	(0.05)	2.05	(1.77)	3.82	(3.83)	10.52
BNTX	2.50	(0.25)	0.00	(0.18)	0.00	0.00	5.51	(4.92)	16.34
ARDX	3.06	0.25	0.06	0.29	3.68	(3.52)	8.32	(5.22)	27.51
PM	1.07	0.32	0.23	1.24	1.01	(1.21)	2.26	(1.70)	14.00
SYRE	2.95	(0.44)	0.00	(0.23)	0.00	0.00	5.29	(6.49)	16.98

American Rebel 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 American Rebel stock to make a market-neutral strategy. Peer analysis of American Rebel could also be used in its relative valuation, which is a method of valuing American Rebel by comparing valuation metrics with similar companies.

Turning Point Brands Willamette Valley Vineyards BioNTech SE Ardelyx Philip Morris International Spyre Therapeutics American Airlines Group Alcoa Corp Apple Inc Best Buy Co Citigroup SentinelOne CVS Health Corp Chevron Corp Home Depot

Risk & Return

Correlation

American Rebel Corporate Management

Ronald Smith	Chief Officer	Profile
Nathan Findley	Pres Safes	Profile
Charles Ross	CFO, CEO	Profile
Douglas Grau	Pres Director	Profile

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