Aclarion Correlations
| ACON Stock | USD 2.73 0.03 1.09% |
The current 90-days correlation between Aclarion and Bullfrog AI Holdings 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
Excellent diversification
The correlation between Aclarion and DJI is -0.67 (i.e., Excellent 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.
Moving together with Aclarion Stock
| 0.65 | OTC | Ocumetics Technology Corp | PairCorr |
| 0.71 | AHC | Austco Healthcare | PairCorr |
| 0.66 | HAE | Haemonetics | PairCorr |
| 0.67 | NTI | Neurotech International | PairCorr |
| 0.77 | MLSS | Milestone Scientific | PairCorr |
| 0.65 | MMSI | Merit Medical Systems | PairCorr |
| 0.61 | NSPR | InspireMD | PairCorr |
Moving against Aclarion Stock
| 0.8 | VMD | Viemed Healthcare | PairCorr |
| 0.66 | QIPT | Quipt Home Medical | PairCorr |
| 0.61 | 4DX | 4DMEDICAL | PairCorr |
| 0.41 | AMS | Advanced Medical Sol | PairCorr |
| 0.39 | TRLS | Trellus Health plc | PairCorr |
| 0.88 | IMR | Imricor Medical Systems | PairCorr |
| 0.8 | EYE | Nova EYE Medical | PairCorr |
| 0.78 | CREO | Creo Medical Group | PairCorr |
| 0.75 | TLT | Theralase Technologies | PairCorr |
| 0.7 | AFME | Affluent Medical SAS | PairCorr |
| 0.69 | POCI | Precision Optics Earnings Call Today | PairCorr |
| 0.64 | AFW | Align Technology | PairCorr |
| 0.55 | FPH | Fisher Paykel Healthcare Earnings Call Today | PairCorr |
| 0.39 | 5EZ | SHIP HEALTHCARE HLDGINC | PairCorr |
| 0.35 | MDX | MedX Health Corp | PairCorr |
| 0.32 | PINK | Perimeter Medical Imaging | 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 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| MSPR | 13.83 | (1.21) | 0.00 | (1.50) | 0.00 | 46.34 | 139.00 | |||
| BFRG | 4.59 | (1.26) | 0.00 | (0.23) | 0.00 | 14.00 | 27.69 | |||
| KZIA | 8.15 | (0.30) | 0.01 | 0.03 | 10.28 | 14.69 | 78.79 | |||
| SNGX | 3.54 | (0.31) | 0.00 | (0.08) | 0.00 | 8.16 | 30.10 | |||
| SILO | 3.81 | (0.88) | 0.00 | (0.31) | 0.00 | 8.33 | 24.79 | |||
| CANF | 5.05 | (0.55) | 0.00 | 0.41 | 0.00 | 10.40 | 38.42 | |||
| CMND | 7.17 | (3.98) | 0.00 | 1.93 | 0.00 | 11.60 | 56.34 | |||
| TTNP | 3.46 | 0.32 | 0.03 | (0.43) | 5.38 | 9.38 | 30.41 | |||
| BNBX | 5.47 | (2.10) | 0.00 | (0.47) | 0.00 | 11.06 | 52.07 | |||
| ENSC | 5.13 | (2.27) | 0.00 | (1.45) | 0.00 | 10.64 | 60.48 |