CPLP Old Correlations
The current 90-days correlation between CPLP Old and Danaos is -0.12 (i.e., Good diversification). The correlation of CPLP Old 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.
CPLP Old Correlation With Market
Significant diversification
The correlation between CPLP Old and DJI is 0.04 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding CPLP Old and DJI in the same portfolio, assuming nothing else is changed.
CPLP |
Moving against CPLP Stock
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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
|
Risk-Adjusted Indicators
There is a big difference between CPLP Stock performing well and CPLP Old 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 CPLP Old'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| DAC | 1.17 | (0.08) | 0.00 | (0.27) | 0.00 | 2.46 | 8.98 | |||
| GSL | 1.16 | (0.19) | 0.00 | (1.58) | 0.00 | 2.59 | 7.98 | |||
| ESEA | 2.08 | (0.42) | 0.00 | (1.14) | 0.00 | 3.65 | 14.25 | |||
| NMM | 1.59 | (0.46) | 0.00 | (1.67) | 0.00 | 2.39 | 12.25 | |||
| EDRY | 1.84 | (0.89) | 0.00 | 2.15 | 0.00 | 3.02 | 12.00 | |||
| CMRE | 1.55 | (0.24) | 0.00 | (0.70) | 0.00 | 3.03 | 7.81 | |||
| MATX | 1.55 | 0.01 | 0.00 | 0.02 | 1.68 | 2.64 | 19.98 | |||
| HSHP | 1.97 | (0.77) | 0.00 | (1.09) | 0.00 | 4.32 | 15.33 | |||
| CLCO | 1.93 | (0.39) | 0.00 | 1.52 | 0.00 | 3.79 | 16.55 | |||
| NETI | 2.44 | 0.30 | 0.08 | 0.34 | 3.18 | 5.19 | 11.69 |
Delisting Warning - CPLP
CPLP Old was delisted
| The entity CPLP Old with a symbol CPLP was delisted from NASDAQ Exchange. Please try Capital Clean Energy with a symbol CCEC from now on. Check all delisted instruments accross multiple markets. |
CPLP Old Corporate Management
| Nikolaos Kalapotharakos | Chief LLC | Profile | |
| Eleni Tsoukala | Independent Secretary | Profile | |
| Spyridon Leousis | Chief LLC | Profile | |
| Spyridon Leoussis | Chief LLC | Profile | |
| Brian Gallagher | Executive Relation | Profile |
Still Interested in CPLP Old?
Investing in delisted delisted stocks can be risky, as the stock is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.