ARC Document Correlations

ARC Stock

USD 3.39 0.01 0.29%

The correlation of ARC Document 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.

ARC Document Correlation With Market

Significant diversification

The correlation between ARC Document Solutions and DJI is 0.04 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding ARC Document Solutions and DJI in the same portfolio, assuming nothing else is changed.

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ARC Document Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Moving against ARC Stock

0.73	MLKN	MillerKnoll	Pair Corr
0.71	WHLM	Wilhelmina	Pair Corr
0.67	RTO	Rentokil Initial PLC	Pair Corr
0.39	ACU	Acme United	Pair Corr
0.35	MMS	Maximus	Pair Corr
0.35	LICN	Lichen China Limited	Pair Corr
0.82	RR	Richtech Robotics Class	Pair Corr
0.75	BA	Boeing Fiscal Year End 29th of January 2025	Pair Corr
0.48	SB	Safe Bulkers	Pair Corr
0.43	MG	Mistras Group	Pair Corr
0.39	TH	Target Hospitality Corp	Pair Corr
0.33	HI	Hillenbrand	Pair Corr

Related Correlations Analysis

	PKE	ISSC	CW	NPK	DCO	ATRO	CDRE	MRCY	HXL	VVX
PKE		0.88	0.79	0.48	0.34	-0.61	-0.39	0.4	0.12	0.65	PKE
ISSC	0.88		0.7	0.31	0.15	-0.56	-0.44	0.3	-0.01	0.67	ISSC
CW	0.79	0.7		0.13	0.34	-0.57	-0.04	0.34	-0.06	0.89	CW
NPK	0.48	0.31	0.13		0.53	-0.1	-0.51	0.53	0.38	-0.02	NPK
DCO	0.34	0.15	0.34	0.53		-0.06	-0.14	0.8	0.17	0.17	DCO
ATRO	-0.61	-0.56	-0.57	-0.1	-0.06		0.57	-0.24	0.4	-0.3	ATRO
CDRE	-0.39	-0.44	-0.04	-0.51	-0.14	0.57		-0.43	0.24	0.18	CDRE
MRCY	0.4	0.3	0.34	0.53	0.8	-0.24	-0.43		-0.02	0.14	MRCY
HXL	0.12	-0.01	-0.06	0.38	0.17	0.4	0.24	-0.02		0.13	HXL
VVX	0.65	0.67	0.89	-0.02	0.17	-0.3	0.18	0.14	0.13		VVX
	PKE	ISSC	CW	NPK	DCO	ATRO	CDRE	MRCY	HXL	VVX

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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

VVX	+ 0.89	CW
ISSC	+ 0.88	PKE
MRCY	+ 0.8	DCO
CW	+ 0.79	PKE
CW	+ 0.7	ISSC
VVX	+ 0.67	ISSC

High negative correlations

ATRO	- 0.61	PKE
ATRO	- 0.57	CW
ATRO	- 0.56	ISSC
CDRE	- 0.51	NPK
CDRE	- 0.44	ISSC
MRCY	- 0.43	CDRE

Risk-Adjusted Indicators

There is a big difference between ARC Stock performing well and ARC Document 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 ARC Document'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
PKE	1.31	0.01	0.09	0.13	0.95	(1.76)	3.51	(1.98)	12.34
ISSC	1.36	0.09	0.03	0.27	1.53	(1.50)	3.28	(3.31)	9.31
CW	1.25	0.13	0.10	0.21	1.70	(1.43)	2.96	(2.48)	11.02
NPK	1.16	(0.05)	(0.01)	0.08	1.37	(1.24)	2.43	(2.44)	8.03
DCO	1.28	(0.15)	(0.04)	0.03	1.53	(1.37)	2.90	(2.30)	8.32
ATRO	2.17	(0.46)	0.00	(0.07)	0.00	0.00	4.07	(6.69)	22.57
CDRE	1.66	(0.26)	0.00	(0.03)	0.00	0.00	3.06	(4.24)	13.54
MRCY	1.75	(0.17)	0.04	0.06	1.70	(2.26)	2.83	(3.14)	29.10
HXL	1.15	(0.22)	0.00	(0.03)	0.00	0.00	2.00	(2.66)	6.19
VVX	1.87	(0.10)	0.02	0.08	2.91	(1.89)	3.85	(3.74)	20.17

ARC Document Corporate Executives

Elected by the shareholders, the ARC Document's board of directors comprises two types of representatives: ARC Document inside directors who are chosen from within the company, and outside directors, selected externally and held independent of ARC. The board's role is to monitor ARC Document's management team and ensure that shareholders' interests are well served. ARC Document's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, ARC Document's outside directors are responsible for providing unbiased perspectives on the board's policies.

Jorge Avalos	Chief Financial Officer	Profile
Dilantha Wijesuriya	Chief Operating officer	Profile
Rahul Roy	Chief Technology Officer	Profile

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