ATA Creativity Correlations
| AACG Stock | USD 0.88 0.05 5.38% |
The current 90-days correlation between ATA Creativity Global and Skillful Craftsman Education is 0.06 (i.e., Significant diversification). The correlation of ATA Creativity 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.
ATA Creativity Correlation With Market
Excellent diversification
The correlation between ATA Creativity Global and DJI is -0.56 (i.e., Excellent diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding ATA Creativity Global and DJI in the same portfolio, assuming nothing else is changed.
Moving together with ATA Stock
Moving against ATA Stock
| 0.66 | FOOD | Goodfood Market Corp | PairCorr |
| 0.47 | KME | Kip Mcgrath Education | PairCorr |
| 0.46 | 03F | IDP EDUCATION LTD | PairCorr |
| 0.46 | LA3A | Laureate Education Earnings Call This Week | PairCorr |
| 0.42 | IEL | Idp Education | PairCorr |
| 0.76 | FCAP | First Capital | PairCorr |
| 0.67 | FIBK | First Interstate Ban | PairCorr |
| 0.67 | BNKHF | BOC Hong Kong | PairCorr |
| 0.59 | LION | Lionsgate Studios Holding | PairCorr |
| 0.46 | SHPHF | Sihuan Pharmaceutical | PairCorr |
| 0.41 | OBYCF | Obayashi | PairCorr |
Related Correlations Analysis
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 ATA Stock performing well and ATA Creativity 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 ATA Creativity'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| EDTK | 2.03 | (0.20) | 0.00 | 1.47 | 0.00 | 4.12 | 12.61 | |||
| BTCT | 4.04 | (0.86) | 0.00 | (0.24) | 0.00 | 9.26 | 37.58 | |||
| BEDU | 1.42 | 0.44 | 0.16 | 0.73 | 1.38 | 3.72 | 21.46 | |||
| MTEX | 2.63 | (0.28) | 0.00 | (3.60) | 0.00 | 3.77 | 36.78 | |||
| BTOG | 5.25 | (2.55) | 0.00 | (3.09) | 0.00 | 7.75 | 52.92 | |||
| NAII | 3.31 | 0.32 | 0.05 | 1.85 | 4.32 | 6.54 | 35.29 | |||
| WAFU | 2.02 | (0.03) | (0.01) | 0.04 | 2.48 | 4.29 | 12.09 | |||
| MWYN | 3.49 | (0.37) | 0.00 | (0.08) | 0.00 | 7.89 | 29.68 | |||
| WVVI | 2.45 | (0.06) | 0.00 | 0.17 | 0.00 | 5.81 | 22.81 | |||
| BLNE | 5.32 | 0.59 | 0.11 | 0.36 | 5.67 | 13.82 | 33.35 |
ATA Creativity Corporate Management
| Xiaofeng Ma | Chairman CoFounder | Profile | |
| KwanHung Tsang | Independent Consultant | Profile | |
| Haichang Xiong | General Counsel | Profile | |
| Amy Tung | Advisor | Profile | |
| Ruobai Sima | Chief Officer | Profile | |
| Lin Wang | CoFounder Consultant | Profile |