Cardiovascular Systems Correlations

The correlation of Cardiovascular Systems 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.
  
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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   
MXCTGKOS
SGHTBRKR
RPIDNPCE
CVRXGKOS
CVRXMXCT
CVRXOFIX
  
High negative correlations   
RPIDBRKR
RPIDSGHT
NPCESGHT
NPCEBRKR
SGHTMXCT
CVRXSGHT

Risk-Adjusted Indicators

There is a big difference between Cardiovascular Stock performing well and Cardiovascular Systems 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 Cardiovascular Systems' 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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
OFIX  1.12 (0.09) 0.00 (0.15) 0.00 
 2.18 
 6.60 
NUVA  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
GKOS  1.94 (0.17) 0.00 (0.20) 0.00 
 4.66 
 24.99 
HSKA  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
BRKR  1.98 (0.24) 0.00  2.98  0.00 
 3.57 
 13.63 
MXCT  2.84  0.03  0.01  0.01  2.88 
 5.73 
 21.76 
SGHT  2.72 (0.45) 0.00 (0.45) 0.00 
 6.65 
 18.90 
CVRX  2.96 (0.11) 0.00 (0.12) 0.00 
 5.58 
 14.58 
NPCE  3.22  0.65  0.18  0.46  3.11 
 7.78 
 17.54 
RPID  6.34  1.94  0.32  0.72  4.82 
 21.64 
 45.09 

View Cardiovascular Systems Related Equities

 Risk & Return  Correlation

Cardiovascular Systems Corporate Management

Philip FreedVP MarketingProfile
Stephen RempeChief OfficerProfile
Jeffrey MDChief OfficerProfile
Peter HirshmanVP OperationsProfile
Sandra SedoChief Compliance OfficerProfile
Jeffrey PointsChief OfficerProfile
BSc MSPres ChairmanProfile

Still Interested in Cardiovascular Systems?

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.