Bowman Consulting Correlations
BWMN Stock | USD 27.07 0.26 0.97% |
The current 90-days correlation between Bowman Consulting and CRA International is 0.38 (i.e., Weak diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bowman Consulting moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bowman Consulting Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Bowman Consulting Correlation With Market
Very weak diversification
The correlation between Bowman Consulting Group and DJI is 0.47 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Bowman Consulting Group and DJI in the same portfolio, assuming nothing else is changed.
Bowman |
Moving together with Bowman Stock
0.63 | ESOA | Energy Services Fiscal Year End 16th of December 2024 | PairCorr |
0.66 | APG | Api Group Corp | PairCorr |
0.81 | ORN | Orion Group Holdings | PairCorr |
0.79 | G | Genpact Limited | PairCorr |
Moving against Bowman Stock
0.41 | VATE | Innovate Corp Trending | PairCorr |
0.66 | CDLR | Cadeler AS | PairCorr |
0.6 | RITR | Reitar Logtech Holdings | PairCorr |
0.38 | AMRC | Ameresco | PairCorr |
0.34 | BW | Babcock Wilcox Enter | 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
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Risk-Adjusted Indicators
There is a big difference between Bowman Stock performing well and Bowman Consulting 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 Bowman Consulting'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 | ||
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CRAI | 1.54 | 0.09 | 0.06 | 0.17 | 2.08 | 2.86 | 12.45 | |||
HURN | 1.24 | 0.07 | 0.08 | 0.18 | 1.01 | 2.72 | 14.16 | |||
FORR | 1.80 | (0.29) | 0.00 | (0.09) | 0.00 | 3.15 | 10.89 | |||
RGP | 1.46 | (0.44) | 0.00 | (0.14) | 0.00 | 1.93 | 14.78 | |||
FC | 1.49 | (0.27) | 0.00 | (0.07) | 0.00 | 2.45 | 22.53 | |||
ICFI | 1.29 | (0.36) | 0.00 | (0.26) | 0.00 | 2.60 | 16.28 | |||
FCN | 0.97 | (0.21) | 0.00 | (0.17) | 0.00 | 1.82 | 14.08 |
Bowman Consulting Corporate Management
Bruce Labovitz | Executive Officer | Profile | |
Jeffrey Blair | Principal | Profile | |
Matthew Mullenix | Chief EVP | Profile | |
Dan Swayze | Executive Services | Profile | |
Clay Worley | Executive Officer | Profile | |
Ronald Robison | Principal Group | Profile | |
Vijay PE | Executive Practice | Profile |