AdTheorent Holding Correlations
| ADTHWDelisted Stock | USD 0.47 0.01 2.17% |
The current 90-days correlation between AdTheorent Holding and AdTheorent Holding is -0.01 (i.e., Good diversification). The correlation of AdTheorent Holding 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. If the correlation is 0, the equities are not correlated; they are entirely random.
AdTheorent Holding Correlation With Market
Modest diversification
The correlation between AdTheorent Holding and DJI is 0.22 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding AdTheorent Holding and DJI in the same portfolio, assuming nothing else is changed.
AdTheorent |
Moving together with AdTheorent Stock
| 0.77 | SSNLF | Samsung Electronics | PairCorr |
| 0.65 | TRV | The Travelers Companies Fiscal Year End 17th of January 2025 | PairCorr |
| 0.69 | XOM | Exxon Mobil Corp Sell-off Trend | PairCorr |
| 0.71 | CVX | Chevron Corp Fiscal Year End 7th of February 2025 | PairCorr |
| 0.86 | HD | Home Depot | PairCorr |
| 0.63 | DIS | Walt Disney | PairCorr |
| 0.73 | T | ATT Inc Aggressive Push | PairCorr |
| 0.78 | HPQ | HP Inc | PairCorr |
| 0.83 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.76 | WMT | Walmart Aggressive Push | PairCorr |
Moving against AdTheorent Stock
| 0.75 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
| 0.72 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.55 | SHG | Shinhan Financial | PairCorr |
Related Correlations Analysis
| -0.26 | -0.13 | -0.02 | -0.11 | ADTH | ||
| -0.26 | 0.68 | 0.26 | 0.67 | ADSEW | ||
| -0.13 | 0.68 | 0.38 | 0.92 | CMPOW | ||
| -0.02 | 0.26 | 0.38 | 0.35 | DAVEW | ||
| -0.11 | 0.67 | 0.92 | 0.35 | AUROW | ||
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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 AdTheorent Stock performing well and AdTheorent Holding 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 AdTheorent Holding'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ADTH | 1.06 | 0.07 | (0.01) | 0.62 | 1.77 | 2.18 | 18.69 | |||
| ADSEW | 3.77 | 0.30 | 0.04 | 0.88 | 4.34 | 8.84 | 34.01 | |||
| CMPOW | 4.08 | 1.23 | 0.22 | 1.51 | 4.64 | 10.53 | 41.22 | |||
| DAVEW | 12.01 | 3.99 | 0.32 | (2.05) | 9.15 | 27.68 | 219.63 | |||
| AUROW | 9.39 | 3.25 | 0.26 | (0.47) | 7.95 | 26.47 | 99.11 |
AdTheorent Holding Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with AdTheorent Holding stock to make a market-neutral strategy. Peer analysis of AdTheorent Holding could also be used in its relative valuation, which is a method of valuing AdTheorent Holding by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
AdTheorent Holding Corporate Management
| William Todd | Chief Officer | Profile | |
| Indir Avdagic | Senior Officer | Profile | |
| Bill Todd | Chief Officer | Profile | |
| Nick Cheetany | Senior Sales | Profile | |
| Calynn Krieger | Senior Strategy | Profile | |
| James Lawson | CEO Director | Profile | |
| Patrick Elliott | Chief Officer | Profile |
Still Interested in AdTheorent Holding?
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.