Aware Correlations

AWRE Stock

USD 2.33 0.11 4.95%

The current 90-days correlation between Aware Inc and Blackboxstocks is 0.15 (i.e., Average diversification). The correlation of Aware 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.

Aware Correlation With Market

Good diversification

The correlation between Aware Inc and DJI is -0.09 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Aware Inc and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Aware Stock

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

Moving against Aware Stock

0.47	KO	Coca Cola Earnings Call This Week	Pair Corr
0.36	MSFT	Microsoft	Pair Corr
0.34	BA	Boeing	Pair Corr

Related Correlations Analysis

	BLBX	BMR	SURG	INLX	NUKK	NTWK	PHUN	KNRX	HKIT	TACT
BLBX		-0.11	0.07	0.16	0.75	0.04	0.3	0.05	0.29	0.1	BLBX
BMR	-0.11		-0.01	0.28	0.11	-0.04	0.75	0.1	-0.37	-0.24	BMR
SURG	0.07	-0.01		0.77	0.24	0.37	0.37	-0.04	0.19	0.08	SURG
INLX	0.16	0.28	0.77		0.37	0.31	0.61	-0.05	0.02	-0.07	INLX
NUKK	0.75	0.11	0.24	0.37		0.31	0.56	0.41	0.42	0.32	NUKK
NTWK	0.04	-0.04	0.37	0.31	0.31		0.23	0.35	0.71	0.64	NTWK
PHUN	0.3	0.75	0.37	0.61	0.56	0.23		0.19	-0.02	0.03	PHUN
KNRX	0.05	0.1	-0.04	-0.05	0.41	0.35	0.19		0.49	0.61	KNRX
HKIT	0.29	-0.37	0.19	0.02	0.42	0.71	-0.02	0.49		0.85	HKIT
TACT	0.1	-0.24	0.08	-0.07	0.32	0.64	0.03	0.61	0.85		TACT
	BLBX	BMR	SURG	INLX	NUKK	NTWK	PHUN	KNRX	HKIT	TACT

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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

TACT	+ 0.85	HKIT
INLX	+ 0.77	SURG
NUKK	+ 0.75	BLBX
PHUN	+ 0.75	BMR
HKIT	+ 0.71	NTWK
TACT	+ 0.64	NTWK

High negative correlations

HKIT	- 0.37	BMR
TACT	- 0.24	BMR
BMR	- 0.11	BLBX
TACT	- 0.07	INLX
KNRX	- 0.05	INLX
KNRX	- 0.04	SURG

Risk-Adjusted Indicators

There is a big difference between Aware Stock performing well and Aware 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 Aware'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
BLBX	5.34	0.81	0.10	(0.23)	5.52	(6.85)	11.56	(9.45)	69.73
BMR	2.45	(0.36)	0.00	(1.38)	0.00	0.00	6.78	(4.47)	14.17
SURG	2.42	(0.03)	0.00	0.29	0.00	0.00	4.68	(5.30)	32.48
INLX	2.15	(0.29)	0.00	(1.94)	0.00	0.00	5.49	(5.76)	20.05
NUKK	7.91	0.91	0.09	4.08	8.49	(8.69)	17.65	(12.81)	49.98
NTWK	3.02	0.22	0.04	(0.53)	3.76	(3.28)	10.13	(6.39)	22.99
PHUN	2.47	(0.30)	0.00	(7.33)	0.00	0.00	5.81	(4.55)	14.90
KNRX	4.70	(2.97)	0.00	(2.04)	0.00	0.00	9.63	(14.42)	24.05
HKIT	1.98	0.54	0.13	(0.61)	3.13	(2.16)	4.93	(3.23)	23.36
TACT	2.21	0.30	0.10	0.51	2.25	(2.72)	4.43	(4.76)	17.23

Aware Corporate Management

Ajay Amlani	Chief Officer	Profile
David Traverse	Principal Treasurer	Profile
Lindsey Savarino	Senior Resources	Profile
Todd Jarvis	Global Partnerships	Profile
Gina Rodrigues	Vice Marketing	Profile
Craig Herman	Chief Officer	Profile

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