Auna SA Correlations

AUNA Stock

7.01 0.03 0.43%

The current 90-days correlation between Auna SA and Paysafe is -0.01 (i.e., Good diversification). The correlation of Auna SA 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.

Auna SA Correlation With Market

Good diversification

The correlation between Auna SA and DJI is -0.17 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Auna SA 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 Auna SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

For information on how to trade Auna Stock refer to our How to Trade Auna Stock guide.

Moving against Auna Stock

0.42	ECOR	Electrocore LLC	Pair Corr
0.36	VVOS	Vivos Therapeutics	Pair Corr
0.41	AHG	Akso Health Group	Pair Corr

Related Correlations Analysis

	RDCM	PSFE	USIO	MCRUF	AIHS	NTGR	BNTX	KALU
RDCM		-0.75	0.34	-0.58	-0.2	0.82	0.08	0.25	RDCM
PSFE	-0.75		-0.19	0.46	0.02	-0.69	0.08	0.05	PSFE
USIO	0.34	-0.19		-0.46	-0.02	0.28	-0.15	0.37	USIO
MCRUF	-0.58	0.46	-0.46		0.1	-0.76	0.37	-0.52	MCRUF
AIHS	-0.2	0.02	-0.02	0.1		-0.17	0.28	-0.31	AIHS
NTGR	0.82	-0.69	0.28	-0.76	-0.17		-0.17	0.2	NTGR
BNTX	0.08	0.08	-0.15	0.37	0.28	-0.17		-0.24	BNTX
KALU	0.25	0.05	0.37	-0.52	-0.31	0.2	-0.24		KALU
	RDCM	PSFE	USIO	MCRUF	AIHS	NTGR	BNTX	KALU

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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

NTGR	+ 0.82	RDCM
MCRUF	+ 0.46	PSFE
KALU	+ 0.37	USIO
BNTX	+ 0.37	MCRUF
USIO	+ 0.34	RDCM
NTGR	+ 0.28	USIO

High negative correlations

NTGR	- 0.76	MCRUF
PSFE	- 0.75	RDCM
NTGR	- 0.69	PSFE
MCRUF	- 0.58	RDCM
KALU	- 0.52	MCRUF
MCRUF	- 0.46	USIO

Risk-Adjusted Indicators

There is a big difference between Auna Stock performing well and Auna SA 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 Auna SA'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
RDCM	2.50	0.29	0.07	(1.31)	3.41	(2.58)	4.76	(5.39)	21.11
PSFE	2.18	(0.28)	0.00	(0.28)	0.00	0.00	5.20	(3.45)	31.72
USIO	2.04	0.31	0.12	0.40	2.00	(2.82)	5.04	(3.40)	13.65
MCRUF	0.77	(0.20)	0.00	0.43	0.00	0.00	1.32	0.00	19.26
AIHS	2.91	(0.12)	0.00	(0.16)	0.00	0.00	5.68	(6.54)	16.07
NTGR	1.89	0.51	0.25	1.59	1.62	(2.25)	4.83	(3.07)	11.27
BNTX	1.94	(0.03)	0.00	(0.09)	0.00	0.00	4.53	(4.00)	11.96
KALU	1.59	(0.02)	0.00	(0.28)	0.00	0.00	2.61	(3.24)	16.25

Auna SA Corporate Management

Laurent Massart	Executive Markets	Profile
Andres Angel	Executive Colombia	Profile
Marco Roca	Executive Peru	Profile
Sven Boes	Executive Mexico	Profile

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