AptarGroup Correlations

ATR Stock

USD 123.85 1.10 0.88%

The current 90-days correlation between AptarGroup and Masimo is 0.2 (i.e., Modest diversification). The correlation of AptarGroup 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.

AptarGroup Correlation With Market

Very weak diversification

The correlation between AptarGroup and DJI is 0.46 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding AptarGroup and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with AptarGroup Stock

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

To learn how to invest in AptarGroup Stock, please use our How to Invest in AptarGroup guide.

Moving together with AptarGroup Stock

0.72

WPPGF

WPP plc

Pair Corr

Moving against AptarGroup Stock

0.44	ADVWW	Advantage Solutions	Pair Corr
0.32	MAPSW	WM Technology	Pair Corr

Related Correlations Analysis

	MASI	STVN	HSIC	AVTR	HALO	GRFS	MOH	TFX	GMED	RGEN
MASI		0.48	-0.5	0.23	-0.03	-0.47	-0.5	-0.22	-0.36	-0.39	MASI
STVN	0.48		-0.7	0.35	-0.33	-0.2	-0.65	0.45	-0.7	-0.39	STVN
HSIC	-0.5	-0.7		-0.4	0.35	0.04	0.56	-0.27	0.86	0.54	HSIC
AVTR	0.23	0.35	-0.4		0.07	0.36	0.22	0.17	-0.35	0.16	AVTR
HALO	-0.03	-0.33	0.35	0.07		-0.03	0.3	-0.61	0.36	0.21	HALO
GRFS	-0.47	-0.2	0.04	0.36	-0.03		0.61	0.38	-0.06	0.35	GRFS
MOH	-0.5	-0.65	0.56	0.22	0.3	0.61		-0.19	0.44	0.5	MOH
TFX	-0.22	0.45	-0.27	0.17	-0.61	0.38	-0.19		-0.47	0.02	TFX
GMED	-0.36	-0.7	0.86	-0.35	0.36	-0.06	0.44	-0.47		0.62	GMED
RGEN	-0.39	-0.39	0.54	0.16	0.21	0.35	0.5	0.02	0.62		RGEN
	MASI	STVN	HSIC	AVTR	HALO	GRFS	MOH	TFX	GMED	RGEN

Please upgrade your account to get full access to Macroaxis premium features

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

GMED	+ 0.86	HSIC
RGEN	+ 0.62	GMED
MOH	+ 0.61	GRFS
MOH	+ 0.56	HSIC
RGEN	+ 0.54	HSIC
RGEN	+ 0.5	MOH

High negative correlations

GMED	- 0.7	STVN
HSIC	- 0.7	STVN
MOH	- 0.65	STVN
TFX	- 0.61	HALO
MOH	- 0.5	MASI
HSIC	- 0.5	MASI

Risk-Adjusted Indicators

There is a big difference between AptarGroup Stock performing well and AptarGroup 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 AptarGroup'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
MASI	1.64	(0.13)	0.00	(0.23)	0.00	0.00	3.06	(2.71)	10.00
STVN	2.01	(0.73)	0.00	(1.78)	0.00	0.00	4.36	(4.32)	15.63
HSIC	1.27	0.25	0.16	0.45	1.24	(1.47)	2.43	(2.33)	13.60
AVTR	2.01	(0.49)	0.00	(0.80)	0.00	0.00	3.75	(4.39)	23.21
HALO	1.47	0.12	0.06	0.32	1.69	(1.53)	3.44	(2.83)	9.83
GRFS	1.44	(0.04)	0.00	(0.02)	0.00	0.00	3.17	(3.19)	8.69
MOH	1.93	0.13	0.05	0.14	2.95	(1.87)	3.97	(4.52)	13.66
TFX	1.89	(0.32)	0.00	(0.38)	0.00	0.00	3.48	(3.77)	22.60
GMED	2.01	0.58	0.46	0.49	0.86	(3.24)	3.67	(2.31)	38.89
RGEN	1.70	(0.09)	0.00	(0.25)	0.00	0.00	3.11	(3.16)	10.06

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2026 Macroaxis LLC