American Software Correlations
| AMSWADelisted Stock | USD 10.77 0.26 2.47% |
The current 90-days correlation between American Software and Agilysys is 0.15 (i.e., Average diversification). The correlation of American Software 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.
American Software Correlation With Market
Significant diversification
The correlation between American Software and DJI is 0.09 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding American Software and DJI in the same portfolio, assuming nothing else is changed.
American |
Moving together with American Stock
| 0.7 | FSTF | First State Financial | PairCorr |
| 0.64 | BAC | Bank of America Aggressive Push | PairCorr |
| 0.79 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
| 0.62 | DIS | Walt Disney Aggressive Push | PairCorr |
| 0.73 | CAT | Caterpillar Fiscal Year End 3rd of February 2025 | PairCorr |
| 0.71 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.86 | TRV | The Travelers Companies Fiscal Year End 17th of January 2025 | PairCorr |
| 0.69 | HD | Home Depot | PairCorr |
Moving against American Stock
| 0.64 | KO | Coca Cola Aggressive Push | PairCorr |
| 0.55 | JNJ | Johnson Johnson Fiscal Year End 28th of January 2025 | PairCorr |
| 0.44 | PFE | Pfizer Inc Aggressive Push | 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 American Stock performing well and American Software 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 American Software'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| PYCR | 1.51 | 0.22 | 0.14 | 0.28 | 1.42 | 3.12 | 9.64 | |||
| APPF | 1.46 | 0.00 | 0.02 | 0.12 | 2.17 | 2.86 | 15.04 | |||
| AGYS | 1.92 | 0.08 | 0.07 | 0.15 | 2.89 | 4.17 | 14.47 | |||
| MIXT | 2.00 | (0.21) | 0.00 | (0.54) | 0.00 | 3.52 | 12.12 | |||
| MLNK | 1.61 | (0.09) | (0.04) | 0.02 | 2.40 | 3.17 | 14.62 | |||
| MODN | 0.50 | 0.12 | 0.05 | 0.45 | 0.29 | 1.01 | 10.58 | |||
| CCRD | 2.07 | 0.56 | 0.23 | 0.82 | 1.86 | 5.16 | 9.62 | |||
| MNTV | 0.90 | 0.46 | 2.01 | 1.92 | 0.00 | 0.43 | 20.63 | |||
| ALKT | 1.93 | 0.12 | 0.11 | 0.17 | 2.00 | 5.03 | 11.93 | |||
| ASUR | 1.82 | 0.03 | 0.02 | 0.14 | 3.00 | 5.27 | 19.48 |
Delisting Warning - AMSWA
American Software was delisted
| The entity American Software with a symbol AMSWA was delisted from NASDAQ Exchange. Please try Logility with a symbol LGTY from now on. Check all delisted instruments accross multiple markets. |
American Software Corporate Management
| Shawn Reynolds | Executive Marketing | Profile | |
| Mark Grant | General Counsel | Profile | |
| Keith Charron | Chief Officer | Profile | |
| Alex Price | Senior Sales | Profile | |
| Vincent Klinges | Chief Officer | Profile |
Still Interested in American Software?
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.