Acreage Holdings Correlations
| ACRDF Stock | USD 0.13 0.03 18.75% |
The current 90-days correlation between Acreage Holdings and AYR Strategies Class is 0.34 (i.e., Weak diversification). The correlation of Acreage Holdings 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.
Acreage Holdings Correlation With Market
Good diversification
The correlation between Acreage Holdings and DJI is -0.18 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Acreage Holdings and DJI in the same portfolio, assuming nothing else is changed.
Acreage |
The ability to find closely correlated positions to Acreage Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Acreage Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Acreage Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Acreage Holdings to buy it.
Moving together with Acreage OTC Stock
| 0.65 | MKKGY | Merck KGaA ADR | PairCorr |
| 0.61 | TEVA | Teva Pharma Industries | PairCorr |
| 0.64 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
Moving against Acreage OTC Stock
| 0.58 | WMT | Walmart Aggressive Push | PairCorr |
| 0.51 | AWCMF | Alumina Limited | PairCorr |
| 0.49 | GMNFF | GobiMin | PairCorr |
| 0.73 | HD | Home Depot | PairCorr |
| 0.66 | T | ATT Inc Sell-off Trend | PairCorr |
| 0.65 | TRV | The Travelers Companies Fiscal Year End 17th of January 2025 | PairCorr |
| 0.64 | CAT | Caterpillar Fiscal Year End 3rd of February 2025 | PairCorr |
| 0.6 | GE | GE Aerospace Fiscal Year End 28th of January 2025 | PairCorr |
| 0.54 | INTC | Intel Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.53 | XOM | Exxon Mobil Corp Fiscal Year End 7th of February 2025 | PairCorr |
| 0.51 | CVX | Chevron Corp Fiscal Year End 7th of February 2025 | PairCorr |
| 0.42 | VZ | Verizon Communications Aggressive Push | PairCorr |
| 0.38 | JPM | JPMorgan Chase Fiscal Year End 10th of January 2025 | PairCorr |
| 0.35 | DD | Dupont De Nemours Fiscal Year End 4th of February 2025 | PairCorr |
Related Correlations Analysis
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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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Acreage OTC Stock performing well and Acreage Holdings OTC Stock 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 Acreage Holdings' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| AYRWF | 4.90 | (0.22) | 0.00 | 0.16 | 0.00 | 13.16 | 73.17 | |||
| TRSSF | 2.82 | 0.18 | (0.02) | (0.04) | 3.35 | 6.83 | 15.51 | |||
| CNPOF | 4.50 | 0.02 | 0.00 | 0.11 | 0.00 | 9.09 | 43.33 | |||
| VRNOF | 3.94 | (0.83) | 0.00 | 0.37 | 0.00 | 7.42 | 39.52 | |||
| BZAMF | 14.45 | (2.86) | 0.00 | 0.66 | 0.00 | 35.00 | 199.00 | |||
| CHOOF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| STMH | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| DHBUF | 7.07 | 0.13 | (0.01) | 0.00 | 8.63 | 15.43 | 70.75 | |||
| CRLBF | 3.56 | (0.24) | 0.00 | 0.22 | 0.00 | 8.97 | 33.32 | |||
| GTBIF | 2.74 | 0.04 | 0.00 | 0.09 | 0.00 | 7.97 | 28.69 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Acreage Holdings without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Acreage Holdings Corporate Management
Elected by the shareholders, the Acreage Holdings' board of directors comprises two types of representatives: Acreage Holdings inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Acreage. The board's role is to monitor Acreage Holdings' management team and ensure that shareholders' interests are well served. Acreage Holdings' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Acreage Holdings' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Steve West | VP Relations | Profile | |
| Kevin Murphy | Founder Chairman | Profile | |
| Corey Sheahan | G Counsel | Profile | |
| Corey Burchman | Chief Officer | Profile | |
| Dennis Curran | Chief Officer | Profile | |
| Bryan Murray | Exec Relations | Profile | |
| Filippo Caldini | CEO Director | Profile |