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

Moving together with Bowman Stock

  0.63ESOA Energy Services Fiscal Year End 16th of December 2024 PairCorr
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  0.81ORN Orion Group HoldingsPairCorr
  0.79G Genpact LimitedPairCorr

Moving against Bowman Stock

  0.41VATE Innovate Corp TrendingPairCorr
  0.66CDLR Cadeler ASPairCorr
  0.6RITR Reitar Logtech HoldingsPairCorr
  0.38AMRC AmerescoPairCorr
  0.34BW Babcock Wilcox EnterPairCorr

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   
RGPFORR
ICFIFC
HURNCRAI
FCNFC
FCNRGP
FCNFORR
  
High negative correlations   
RGPCRAI
FCNHURN
FORRCRAI
FCNCRAI
FCHURN
ICFIHURN

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.

Bowman Consulting Corporate Management

Bruce LabovitzExecutive OfficerProfile
Jeffrey BlairPrincipalProfile
Matthew MullenixChief EVPProfile
Dan SwayzeExecutive ServicesProfile
Clay WorleyExecutive OfficerProfile
Ronald RobisonPrincipal GroupProfile
Vijay PEExecutive PracticeProfile