Abacus Life Correlations
| ABLDelisted Stock | 8.47 0.05 0.59% |
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
Significant diversification
The correlation between Abacus Life and DJI is 0.07 (i.e., Significant 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.
Abacus |
Moving against Abacus Stock
| 0.63 | CMWCF | Cromwell Property | PairCorr |
| 0.54 | BKRKF | PT Bank Rakyat | PairCorr |
| 0.39 | PBCRF | PT Bank Central | PairCorr |
| 0.31 | CICHF | China Construction Bank | 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 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 | 1.18 | 0.10 | 0.03 | 0.43 | 1.38 | 2.64 | 6.78 | |||
| ITIC | 1.42 | (0.03) | 0.00 | (0.18) | 0.00 | 3.07 | 10.23 | |||
| CION | 1.03 | 0.12 | 0.05 | 0.34 | 1.28 | 1.75 | 9.65 | |||
| TCPC | 1.26 | (0.02) | (0.04) | 0.00 | 1.59 | 2.44 | 8.47 | |||
| EGBN | 2.07 | 0.03 | (0.01) | 0.19 | 3.60 | 4.38 | 15.94 | |||
| ABLLL | 0.17 | 0.06 | (0.10) | (0.61) | 0.00 | 0.64 | 1.17 | |||
| TCBX | 1.35 | (0.02) | 0.00 | (0.13) | 0.00 | 3.27 | 8.90 | |||
| BHB | 1.37 | 0.11 | 0.01 | (0.59) | 1.73 | 3.07 | 8.17 | |||
| CRD-A | 1.35 | 0.06 | 0.02 | 0.15 | 1.49 | 2.99 | 8.13 |
| The entity Abacus Life with a symbol ABL was recently relisted or delisted. You can potentially use ABX New with a symbol ABX. Please make sure the ticker renaming or change in the classification of Abacus Life is not a temporary action by the exchange. |
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.