Babcock Wilcox Correlations
BWSN Stock | USD 21.45 0.46 2.19% |
The current 90-days correlation between Babcock Wilcox Enter and B Riley Financial is 0.26 (i.e., Modest diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Babcock Wilcox moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Babcock Wilcox Enterprises, moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Babcock |
Moving together with Babcock Stock
Moving against Babcock Stock
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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 Babcock Stock performing well and Babcock Wilcox 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 Babcock Wilcox'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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HROWL | 0.24 | 0.02 | 0.05 | 1.19 | 0.25 | 0.59 | 1.37 | |||
BWNB | 1.44 | (0.15) | 0.00 | (5.23) | 0.00 | 3.43 | 8.32 | |||
RILYT | 3.09 | 0.18 | 0.06 | 0.22 | 3.18 | 9.11 | 22.83 | |||
RILYO | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
ECCX | 0.42 | 0.06 | 0.09 | (0.60) | 0.39 | 0.78 | 3.69 |
Babcock Wilcox Corporate Management
Rebecca Stahl | Independent Director | Profile | |
Philip Moeller | Independent Director | Profile | |
Robert Caruso | Chief Implementation Officer | Profile | |
Henry Bartoli | Director | Profile |