CompoSecure Correlations
| CMPOW Stock | USD 4.15 0.03 0.72% |
The current 90-days correlation between CompoSecure and CompoSecure is 0.91 (i.e., Almost no diversification). The correlation of CompoSecure 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.
CompoSecure Correlation With Market
Very weak diversification
The correlation between CompoSecure and DJI is 0.42 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding CompoSecure and DJI in the same portfolio, assuming nothing else is changed.
CompoSecure |
Moving together with CompoSecure Stock
| 0.65 | MEC | Mayville Engineering | PairCorr |
| 0.62 | IIIN | Insteel Industries | PairCorr |
| 0.68 | NWPX | Northwest Pipe | PairCorr |
| 0.77 | PRLB | Proto Labs | PairCorr |
| 0.93 | CMPO | CompoSecure | PairCorr |
| 0.63 | R | Ryder System | PairCorr |
| 0.7 | AL | Air Lease | PairCorr |
| 0.63 | FA | First Advantage Corp | PairCorr |
Moving against CompoSecure Stock
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 CompoSecure Stock performing well and CompoSecure 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 CompoSecure'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CMPO | 2.28 | (0.11) | 0.00 | (0.14) | 0.00 | 4.48 | 18.16 | |||
| DAVEW | 8.00 | 0.64 | 0.05 | 0.39 | 9.40 | 16.67 | 58.22 | |||
| CLBTW | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| ADTHW | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| EVLVW | 8.31 | 0.10 | 0.00 | (0.03) | 0.00 | 24.14 | 61.90 |
CompoSecure Corporate Management
| Gregoire Maes | Chief Officer | Profile | |
| Stacey Gutman | Chief Officer | Profile | |
| Steven Esq | General Secretary | Profile | |
| Timothy Fitzsimmons | Chief Officer | Profile | |
| Anthony Piniella | Head Communications | Profile | |
| Amanda Gourbault | Chief Officer | Profile |