Bolt Projects Correlations
| BSLKW Stock | 0.05 0.01 18.76% |
The current 90-days correlation between Bolt Projects Holdings, and CF Industries Holdings is -0.03 (i.e., Good diversification). The correlation of Bolt Projects 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.
Bolt Projects Correlation With Market
Good diversification
The correlation between Bolt Projects Holdings, and DJI is -0.14 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Bolt Projects Holdings, and DJI in the same portfolio, assuming nothing else is changed.
Bolt |
Moving together with Bolt Stock
Moving against Bolt Stock
| 0.54 | FSI | Flexible Solutions | PairCorr |
| 0.49 | ECVT | Ecovyst | PairCorr |
| 0.39 | ESI | Element Solutions | PairCorr |
| 0.35 | APD | Air Products | PairCorr |
| 0.47 | MTX | Minerals Technologies | PairCorr |
| 0.35 | NEU | NewMarket | PairCorr |
| 0.32 | RPM | RPM International Earnings Call Tomorrow | PairCorr |
Related Correlations Analysis
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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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Bolt Stock performing well and Bolt Projects 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 Bolt Projects' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CF | 1.19 | 0.00 | 0.00 | 0.02 | 1.65 | 2.23 | 6.82 | |||
| HWKN | 1.80 | (0.01) | 0.00 | (0.01) | 2.90 | 3.39 | 18.07 | |||
| BXP | 1.23 | (0.10) | 0.00 | (0.32) | 0.00 | 1.83 | 10.95 | |||
| BSET | 1.44 | (0.08) | 0.00 | (2.13) | 0.00 | 2.46 | 10.05 | |||
| CDXS | 3.11 | 0.67 | 0.17 | 1.06 | 3.17 | 9.28 | 23.04 | |||
| MAHN | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| ADUS | 1.34 | (0.06) | 0.00 | 0.29 | 0.00 | 2.88 | 8.16 | |||
| APD | 0.92 | (0.04) | 0.00 | (0.28) | 0.00 | 1.16 | 12.61 |
Bolt Projects Corporate Executives
Elected by the shareholders, the Bolt Projects' board of directors comprises two types of representatives: Bolt Projects inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Bolt. The board's role is to monitor Bolt Projects' management team and ensure that shareholders' interests are well served. Bolt Projects' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Bolt Projects' outside directors are responsible for providing unbiased perspectives on the board's policies.
| David Breslauer | Chief CoFounder | Profile |