Aclarion Correlations

ACON Stock

USD 0.04 0 6.00%

The current 90-days correlation between Aclarion and FOXO Technologies is 0.11 (i.e., Average diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Aclarion moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aclarion moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Aclarion Correlation With Market

Good diversification

The correlation between Aclarion and DJI is -0.03 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Aclarion 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 Aclarion. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

To learn how to invest in Aclarion Stock, please use our How to Invest in Aclarion guide.

Moving together with Aclarion Stock

0.66	EDAP	EDAP TMS SA	Pair Corr
0.72	AWH	Aspira Womens Health	Pair Corr

Moving against Aclarion Stock

0.73	VVOS	Vivos Therapeutics	Pair Corr
0.52	ELMD	Electromed	Pair Corr
0.5	GH	Guardant Health	Pair Corr
0.49	DXCM	DexCom Inc	Pair Corr
0.48	ECOR	Electrocore LLC	Pair Corr
0.46	EMBC	Embecta Corp	Pair Corr
0.4	EHAB	Enhabit	Pair Corr
0.37	DOCS	Doximity	Pair Corr
0.34	EW	Edwards Lifesciences Corp Sell-off Trend	Pair Corr
0.64	BSX	Boston Scientific Corp	Pair Corr
0.57	AHG	Akso Health Group	Pair Corr
0.37	CAH	Cardinal Health	Pair Corr

Related Correlations Analysis

	EUDA	FOXO	AUGX	ETAO	AKLI	HCTI	MGRX	HSTM	NRC
EUDA		0.05	0.08	-0.2	0.2	0.02	0.01	0.18	-0.18	EUDA
FOXO	0.05		0.49	-0.2	0.3	0.3	-0.22	0.67	0.54	FOXO
AUGX	0.08	0.49		-0.76	0.66	0.46	0.02	0.82	-0.13	AUGX
ETAO	-0.2	-0.2	-0.76		-0.93	-0.11	-0.34	-0.73	0.49	ETAO
AKLI	0.2	0.3	0.66	-0.93		-0.04	0.39	0.74	-0.35	AKLI
HCTI	0.02	0.3	0.46	-0.11	-0.04		-0.28	0.24	-0.03	HCTI
MGRX	0.01	-0.22	0.02	-0.34	0.39	-0.28		0.16	-0.23	MGRX
HSTM	0.18	0.67	0.82	-0.73	0.74	0.24	0.16		0.1	HSTM
NRC	-0.18	0.54	-0.13	0.49	-0.35	-0.03	-0.23	0.1		NRC
	EUDA	FOXO	AUGX	ETAO	AKLI	HCTI	MGRX	HSTM	NRC

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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

HSTM	+ 0.82	AUGX
HSTM	+ 0.74	AKLI
HSTM	+ 0.67	FOXO
AKLI	+ 0.66	AUGX
NRC	+ 0.54	FOXO
AUGX	+ 0.49	FOXO

High negative correlations

AKLI	- 0.93	ETAO
ETAO	- 0.76	AUGX
HSTM	- 0.73	ETAO
NRC	- 0.35	AKLI
MGRX	- 0.34	ETAO
MGRX	- 0.28	HCTI

Risk-Adjusted Indicators

There is a big difference between Aclarion Stock performing well and Aclarion 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 Aclarion'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
EUDA	4.71	0.10	0.01	(0.86)	5.79	(4.68)	10.84	(8.57)	33.72
FOXO	19.75	6.08	0.43	(2.69)	11.25	(41.58)	35.90	(27.17)	509.71
AUGX	4.50	2.21	0.90	1.01	0.00	(7.39)	2.25	(1.09)	146.54
ETAO	16.91	(1.16)	0.00	(0.28)	0.00	0.00	58.10	(42.00)	247.80
AKLI	3.90	0.95	0.18	(0.86)	3.07	(7.72)	5.13	(7.14)	78.36
HCTI	10.20	2.73	0.30	(1.55)	7.31	(16.53)	34.83	(18.07)	151.78
MGRX	2.79	(0.04)	0.00	(0.12)	0.00	0.00	6.01	(5.34)	13.06
HSTM	1.17	0.18	0.10	0.39	1.37	(1.22)	2.36	(2.53)	10.49
NRC	2.01	(0.11)	0.00	(0.17)	0.00	0.00	3.87	(4.35)	13.15

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