Abacus Life Correlations

ABLDelisted Stock

8.47 0.05 0.59%

The current 90-days correlation between Abacus Life and Tekla Life Sciences is -0.05 (i.e., Good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Abacus Life moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Abacus Life moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Abacus Life Correlation With Market

Poor diversification

The correlation between Abacus Life and DJI is 0.72 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Abacus Life 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 together with Abacus Stock

0.62	YAMHF	Yamaha Motor	Pair Corr
0.64	FMCB	Farmers Merchants Bancorp Earnings Call Today	Pair Corr
0.78	DAIUF	Daifuku Co	Pair Corr
0.82	FUWAF	Furukawa Electric	Pair Corr
0.89	CVX	Chevron Corp	Pair Corr
0.75	INTC	Intel Aggressive Push	Pair Corr
0.81	AA	Alcoa Corp	Pair Corr
0.73	JNJ	Johnson Johnson	Pair Corr
0.67	WMT	Walmart Common Stock Aggressive Push	Pair Corr
0.72	DD	Dupont De Nemours Earnings Call This Week	Pair Corr
0.86	BA	Boeing	Pair Corr

Moving against Abacus Stock

0.68	NDEKY	Nitto Denko Corp	Pair Corr
0.66	MSFT	Microsoft	Pair Corr
0.46	MMM	3M Company	Pair Corr
0.46	T	ATT Inc Earnings Call Tomorrow	Pair Corr

Related Correlations Analysis

	HQL	ITIC	CION	TCPC	EGBN	ABLLL	TCBX	BHB	CRD-A
HQL		-0.48	0.3	0.16	0.48	0.27	0.41	0.4	-0.12	HQL
ITIC	-0.48		-0.29	-0.18	-0.43	-0.35	-0.23	-0.41	0.23	ITIC
CION	0.3	-0.29		0.44	0.29	0.22	0.42	0.39	0.17	CION
TCPC	0.16	-0.18	0.44		-0.03	-0.08	0.15	0.12	-0.12	TCPC
EGBN	0.48	-0.43	0.29	-0.03		0.86	0.77	0.91	-0.23	EGBN
ABLLL	0.27	-0.35	0.22	-0.08	0.86		0.58	0.8	-0.14	ABLLL
TCBX	0.41	-0.23	0.42	0.15	0.77	0.58		0.91	0.16	TCBX
BHB	0.4	-0.41	0.39	0.12	0.91	0.8	0.91		-0.03	BHB
CRD-A	-0.12	0.23	0.17	-0.12	-0.23	-0.14	0.16	-0.03		CRD-A
	HQL	ITIC	CION	TCPC	EGBN	ABLLL	TCBX	BHB	CRD-A

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

BHB	+ 0.91	EGBN
BHB	+ 0.91	TCBX
ABLLL	+ 0.86	EGBN
BHB	+ 0.8	ABLLL
TCBX	+ 0.77	EGBN
TCBX	+ 0.58	ABLLL

High negative correlations

ITIC	- 0.48	HQL
EGBN	- 0.43	ITIC
BHB	- 0.41	ITIC
ABLLL	- 0.35	ITIC
CION	- 0.29	ITIC
CRD-A	- 0.23	EGBN

Risk-Adjusted Indicators

There is a big difference between Abacus Stock performing well and Abacus Life 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 Abacus Life'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
HQL	1.12	0.01	(0.02)	0.09	1.40	(1.14)	2.56	(2.15)	6.43
ITIC	1.42	0.02	0.02	0.06	1.58	(1.46)	3.01	(2.44)	10.23
CION	1.13	0.05	0.00	(0.21)	1.52	(1.05)	1.77	(2.28)	10.23
TCPC	1.48	(0.14)	0.00	(0.56)	0.00	0.00	2.62	(2.35)	17.70
EGBN	2.07	0.65	0.29	2.07	1.57	(2.41)	5.16	(2.92)	19.58
ABLLL	0.17	0.05	0.03	(1.95)	0.00	(0.21)	0.53	(0.24)	1.26
TCBX	1.42	0.12	0.08	0.15	1.45	(1.60)	3.79	(2.53)	9.59
BHB	1.29	0.20	0.14	0.23	1.32	(1.51)	3.28	(2.17)	8.32
CRD-A	1.24	0.01	0.01	0.06	1.46	(1.34)	2.49	(2.44)	8.13

Delisting Warning - ABL

Abacus Life was delisted

The entity Abacus Life with a symbol ABL was delisted from NASDAQ Exchange. Please try Abacus Global Management with a symbol ABX from now on. Check all delisted instruments accross multiple markets.

Abacus Life Corporate Management

Seth Miller	Chief Officer	Profile
Krissy Lubrano	Managing HR	Profile
Christopher Romaine	General Counsel	Profile
Robert Phillips	Senior Affairs	Profile
Vinnie Pellegrino	Vice Markets	Profile

Still Interested in Abacus Life?

Investing in delisted delisted stocks can be risky, as the stock is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2026 Macroaxis LLC