Altice USA Correlations
| ATUSDelisted Stock | USD 1.79 0.03 1.70% |
The current 90-days correlation between Altice USA and Cable One is -0.06 (i.e., Good diversification). The correlation of Altice USA 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.
Altice USA Correlation With Market
Very good diversification
The correlation between Altice USA and DJI is -0.46 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Altice USA and DJI in the same portfolio, assuming nothing else is changed.
Altice |
Moving together with Altice Stock
Moving against Altice Stock
| 0.73 | CAT | Caterpillar | PairCorr |
| 0.64 | INTC | Intel | PairCorr |
| 0.6 | KO | Coca Cola Aggressive Push | PairCorr |
| 0.59 | JNJ | Johnson Johnson | PairCorr |
| 0.55 | DD | Dupont De Nemours Earnings Call This Week | PairCorr |
| 0.55 | PG | Procter Gamble | PairCorr |
| 0.48 | VZ | Verizon Communications Aggressive Push | PairCorr |
| 0.48 | AA | Alcoa Corp Downward Rally | PairCorr |
| 0.47 | BIMT | Bitmis Corp | PairCorr |
| 0.42 | MRK | Merck Company Aggressive Push | PairCorr |
Related Correlations Analysis
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 Altice Stock performing well and Altice USA 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 Altice USA'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CABO | 3.14 | (0.56) | 0.00 | (0.24) | 0.00 | 8.28 | 17.97 | |||
| GLIBA | 1.71 | 0.14 | 0.04 | 1.07 | 2.27 | 3.52 | 13.46 | |||
| GOGO | 2.68 | (1.01) | 0.00 | 12.17 | 0.00 | 3.75 | 23.86 | |||
| SIFY | 3.26 | 0.36 | 0.08 | 0.36 | 4.14 | 7.50 | 23.38 | |||
| IDT | 1.34 | (0.09) | 0.00 | (0.07) | 0.00 | 2.68 | 7.41 | |||
| SBGI | 2.02 | 0.07 | 0.01 | 0.24 | 2.46 | 3.49 | 23.63 | |||
| TV | 1.84 | 0.23 | 0.09 | 0.35 | 2.15 | 4.14 | 14.30 | |||
| TBLA | 1.72 | 0.18 | 0.05 | (0.67) | 2.05 | 3.85 | 15.48 | |||
| SHEN | 1.58 | (0.14) | 0.00 | (0.67) | 0.00 | 3.86 | 10.23 |
Delisting Warning - ATUS
Altice USA was delisted
| The entity Altice USA with a symbol ATUS was delisted from New York Stock Exchange. Please try Optimum Communications with a symbol OPTU from now on. Check all delisted instruments accross multiple markets. |
Altice USA Corporate Management
| Gerrit Bakker | Director | Profile | |
| Mark Mullen | Independent Director | Profile | |
| Luciano Ramos | Executive Officer | Profile | |
| Manon Brouillette | Independent Director | Profile | |
| Dennis Okhuijsen | Director | Profile | |
| Nick Brown | Exec Devel | Profile |
Still Interested in Altice USA?
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.