Cepton Correlations
A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cepton moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cepton Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Cepton |
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 Cepton Stock performing well and Cepton 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 Cepton'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| KNW | 11.76 | (1.33) | 0.00 | 0.62 | 0.00 | 29.63 | 105.84 | |||
| GNSS | 3.47 | (0.12) | 0.00 | (0.15) | 0.00 | 7.29 | 32.38 | |||
| SOTK | 2.37 | (0.29) | 0.00 | (0.45) | 0.00 | 4.77 | 18.96 | |||
| ESE | 1.59 | 0.22 | 0.14 | 0.24 | 1.60 | 2.58 | 24.14 | |||
| MLAB | 2.19 | 0.16 | 0.03 | 0.00 | 2.85 | 4.46 | 13.66 | |||
| NOVT | 1.26 | (0.21) | 0.00 | (0.35) | 0.00 | 1.65 | 10.19 | |||
| ITRI | 1.30 | (0.01) | 0.00 | (0.11) | 0.00 | 1.87 | 12.12 | |||
| FTV | 0.95 | 0.01 | 0.00 | (0.09) | 0.00 | 1.87 | 5.10 | |||
| VPG | 1.69 | 0.04 | 0.00 | (0.06) | 0.00 | 3.57 | 14.71 | |||
| FCUV | 11.51 | 3.10 | 0.30 | 0.86 | 8.54 | 29.33 | 200.44 |
Cepton Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Cepton stock to make a market-neutral strategy. Peer analysis of Cepton could also be used in its relative valuation, which is a method of valuing Cepton by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Cepton Corporate Management
| Brunno Moretti | Senior Operations | Profile | |
| Liqun Han | Chief Officer | Profile | |
| Dong Chang | Interim Officer | Profile | |
| Jun Pei | President, CoFounder | Profile | |
| Winston Fu | Vice Sec | Profile | |
| Mitchell Hourtienne | Chief Officer | Profile |
Still Interested in Cepton Inc?
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.