ACI Worldwide Correlations
| ACIW Stock | USD 33.33 0.13 0.39% |
The correlation of ACI Worldwide 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 perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ACI Worldwide moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ACI Worldwide moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Very weak diversification
The correlation between ACI Worldwide and NYA is 0.57 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding ACI Worldwide and NYA in the same portfolio, assuming nothing else is changed.
ACI |
The ability to find closely correlated positions to ACI Worldwide could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ACI Worldwide when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ACI Worldwide - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ACI Worldwide to buy it.
Moving together with ACI Stock
| 0.73 | GB | Global Blue Group | PairCorr |
| 0.65 | NN | Nextnav Acquisition Corp Tech Boost | PairCorr |
| 0.76 | SQ | Block Inc Earnings Call This Week | PairCorr |
| 0.71 | VERI | Veritone Financial Report 7th of May 2024 | PairCorr |
| 0.72 | DTSS | Datasea | PairCorr |
Moving against ACI Stock
| 0.7 | DBX | Dropbox Financial Report 2nd of May 2024 | PairCorr |
| 0.68 | ZS | Zscaler Financial Report 6th of June 2024 | PairCorr |
| 0.67 | FIVN | Five9 Inc Earnings Call This Week | PairCorr |
| 0.65 | VRSN | VeriSign Earnings Call Today | PairCorr |
| 0.61 | CETXP | Cemtrex Pref | PairCorr |
| 0.55 | S | SentinelOne Financial Report 6th of June 2024 | PairCorr |
| 0.53 | EVCM | EverCommerce Tech Boost | PairCorr |
| 0.53 | EVTC | Evertec Earnings Call This Week | 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
|
Risk-Adjusted Indicators
There is a big difference between ACI Stock performing well and ACI Worldwide 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 ACI Worldwide'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| NTCT | 1.85 | (0.27) | 0.00 | (0.05) | 0.00 | 3.86 | 16.15 | |||
| CCSI | 3.63 | (0.69) | 0.00 | (0.17) | 0.00 | 6.81 | 22.12 | |||
| CSGS | 1.35 | (0.16) | 0.00 | (0.04) | 0.00 | 2.10 | 19.07 | |||
| ESMT | 0.41 | 0.20 | 0.67 | 4.78 | 0.00 | 0.35 | 12.23 | |||
| FORG | 0.99 | 0.26 | 0.14 | (0.88) | 0.79 | 2.32 | 7.61 | |||
| RELY | 1.69 | 0.06 | 0.09 | 0.11 | 1.73 | 2.88 | 22.28 | |||
| EVCM | 1.84 | (0.29) | 0.00 | (0.05) | 0.00 | 2.88 | 15.42 | |||
| GB | 2.10 | 0.14 | 0.01 | (1.77) | 2.90 | 5.62 | 15.83 | |||
| EVTC | 1.36 | (0.15) | (0.03) | 0.00 | 2.66 | 2.30 | 13.69 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in ACI Worldwide without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Sync Your Broker Now
Sync Your BrokerSync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. |
| All Next | Launch Module |
ACI Worldwide Corporate Directors
ACI Worldwide corporate directors refer to members of an ACI Worldwide board of directors. The board of directors generally takes responsibility for the ACI Worldwide's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of ACI Worldwide's board members must vote for the resolution. The ACI Worldwide board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| David Poe | Independent Director | Profile | |
| Janet Estep | Independent Director | Profile | |
| James Hale | Independent Director | Profile | |
| John Shay | Independent Director | Profile |
Already Invested in ACI Worldwide?
The danger of trading ACI Worldwide is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of ACI Worldwide is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than ACI Worldwide. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile ACI Worldwide is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether ACI Worldwide is a strong investment it is important to analyze ACI Worldwide's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ACI Worldwide's future performance. For an informed investment choice regarding ACI Stock, refer to the following important reports: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ACI Worldwide. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. For more information on how to buy ACI Stock please use our How to Invest in ACI Worldwide guide.You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Complementary Tools for ACI Stock analysis
When running ACI Worldwide's price analysis, check to measure ACI Worldwide's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ACI Worldwide is operating at the current time. Most of ACI Worldwide's value examination focuses on studying past and present price action to predict the probability of ACI Worldwide's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ACI Worldwide's price. Additionally, you may evaluate how the addition of ACI Worldwide to your portfolios can decrease your overall portfolio volatility.
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Stocks Directory Find actively traded stocks across global markets | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments |
Is ACI Worldwide's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ACI Worldwide. If investors know ACI will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ACI Worldwide listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.397 | Earnings Share 1.12 | Revenue Per Share 13.388 | Quarterly Revenue Growth 0.055 | Return On Assets 0.0467 |
The market value of ACI Worldwide is measured differently than its book value, which is the value of ACI that is recorded on the company's balance sheet. Investors also form their own opinion of ACI Worldwide's value that differs from its market value or its book value, called intrinsic value, which is ACI Worldwide's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ACI Worldwide's market value can be influenced by many factors that don't directly affect ACI Worldwide's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ACI Worldwide's value and its price as these two are different measures arrived at by different means. Investors typically determine if ACI Worldwide is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ACI Worldwide's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.