Ads Tec Correlations
| ADSE Stock | USD 13.68 0.02 0.15% |
The current 90-days correlation between Ads Tec Energy and Kimball Electronics is 0.16 (i.e., Average diversification). The correlation of Ads Tec 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.
Ads Tec Correlation With Market
Significant diversification
The correlation between Ads Tec Energy and DJI is 0.08 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Ads Tec Energy and DJI in the same portfolio, assuming nothing else is changed.
Ads |
Moving together with Ads Stock
| 0.69 | EAF | GrafTech International | PairCorr |
| 0.74 | ESP | Espey Mfg Electronics | PairCorr |
| 0.69 | NVX | Novonix Ltd ADR | PairCorr |
| 0.66 | LTBR | Lightbridge Corp | PairCorr |
Moving against Ads Stock
| 0.74 | XPON | Expion360 | PairCorr |
| 0.58 | FCEL | FuelCell Energy Fiscal Year End 17th of December 2024 | PairCorr |
| 0.31 | FLUX | Flux Power Holdings | PairCorr |
| 0.61 | OPTT | Ocean Power Technologies | PairCorr |
| 0.55 | WBX | Wallbox NV | PairCorr |
| 0.45 | IPWR | Ideal Power Upward Rally | PairCorr |
| 0.39 | XNNHQ | Xenonics Holdings | PairCorr |
| 0.5 | TTDKY | TDK Corp ADR | PairCorr |
| 0.34 | CAPTW | Captivision Warrant | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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 Ads Stock performing well and Ads Tec 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 Ads Tec'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ESP | 2.15 | 0.35 | 0.15 | 0.54 | 1.98 | 4.89 | 26.01 | |||
| NEOVW | 7.67 | 2.15 | 0.23 | 0.97 | 6.31 | 22.81 | 75.07 | |||
| KE | 1.66 | (0.07) | 0.01 | 0.06 | 1.75 | 3.85 | 11.84 | |||
| HAYW | 1.36 | 0.10 | 0.04 | 0.25 | 1.28 | 4.12 | 8.61 | |||
| DCFCW | 18.41 | 4.19 | 0.13 | (0.32) | 16.31 | 55.13 | 235.24 | |||
| SLDP | 2.51 | (0.58) | 0.00 | (0.26) | 0.00 | 6.60 | 19.18 | |||
| EOSE | 4.65 | 0.29 | 0.03 | (0.96) | 5.12 | 10.09 | 46.30 | |||
| GWH | 5.91 | (0.72) | 0.00 | (0.16) | 0.00 | 10.55 | 48.03 | |||
| AEIS | 1.48 | (0.12) | (0.02) | 0.04 | 1.91 | 3.85 | 9.74 |
Ads Tec Corporate Management
| Wolfgang Breme | Chief Officer | Profile | |
| Robert Vogt | Chief Officer | Profile | |
| Michael Rudloff | Chief Officer | Profile | |
| John Tuccillo | Global Affairs | Profile | |
| Thomas Speidel | CEO Founder | Profile | |
| Sebastian Schypulla | Chief Officer | Profile |