Members Area  Sign UpLog In
Free Level 2 Quotes
Stock Analysis
Correlation Trading Platform
Correlations
Membership Benefits
 
AiStockCharts.com
Enter Symbol    
 

 
 

Last Update: 13-Jul-2024, 07:36 CST

AVLV Correlation Report

     Printer Friendly

Correlation Plot    ExplainYTD: AVLV  11.8 %  vs. SPX  17.7 % 
Avantis U.S. Large Cap Value ETF

* Correlation: STRONG* Reward: NEGATIVE
* Diversifier: VERY WEAK* Risk: MODERATE

CC *Alpha *Beta *RR *R-Scatter *% Win *

0.667

-0.139

1.07

-58

-0.6

30.0
* Last 60 market days. AVLV relative to SPX - S&P 500 Index
Most Correlated Non-ETF Securities:
RankAVLV CCTicker Symbol - Security NameSPX CCSPX AlphaSPX Beta
1
0.781 Subscribe first then Login to view complete reports now

0.450

-0.599

3.06
2
1
0.747 Subscribe first then Login to view complete reports now

0.461

-0.475

1.75
3
1
0.743 Subscribe first then Login to view complete reports now

0.342

-0.736

3.68
4
2
0.741 Subscribe first then Login to view complete reports now

0.361

-0.373

2.09
5
0.735 TEX - Terex Corporation

0.354

-0.857

3.27
Least Correlated Non-ETF Securities:
RankAVLV CCTicker Symbol - Security NameSPX CCSPX AlphaSPX Beta
1
-0.001 Subscribe first then Login to view complete reports now

0.035

-1.804

10.15
2
37
-0.001 Subscribe first then Login to view complete reports now

-0.151

3.250

-16.39
3
21
0.001 Subscribe first then Login to view complete reports now

-0.200

0.341

-1.72
4
204
-0.001 Subscribe first then Login to view complete reports now

0.064

-3.096

11.58
5
71
-0.001 ICU - SeaStar Medical Holding Corporation

-0.026

6.870

-23.25
Most Anti-Correlated Non-ETF Securities:
RankAVLV CCTicker Symbol - Security NameSPX CCSPX AlphaSPX Beta
1
-0.584 Subscribe first then Login to view complete reports now

-0.389

0.065

-0.47
2
-0.572 Subscribe first then Login to view complete reports now

-0.508

0.070

-0.80
3
-0.455 Subscribe first then Login to view complete reports now

-0.441

0.037

-0.55
4
-0.435 Subscribe first then Login to view complete reports now

-0.307

0.084

-0.54
5
-0.415 BSGM - BioSig Technologies Inc.

-0.210

2.920

-15.25




 

Any specific investment or investment service contained or referred to in this web site may not be suitable for all visitors to this site. An investment in stocks may mean investors may lose an amount even greater than their original investment. Anyone wishing to invest or speculate in the stock market should seek his or her own financial or professional advice. AiStockCharts.com is not an investment advisory service and does not recommend the purchase or sale of stocks. There are no licensed financial advisors working at AiStockCharts.com.

HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING SYSTEM. ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS. THE RISK OF LOSS IN TRADING STOCKS CAN BE SUBSTANTIAL.

Stock trading is speculative and a substantial risk of loss exists. Past performance is not necessarily indicative of future results.

Copyright © 2005-2024 AiStockCharts.com,   All rights Reserved.