Complete Solaria, Correlations
| CSLR Stock | 1.71 0.10 6.21% |
The current 90-days correlation between Complete Solaria, Common and Eastman Kodak Co is 0.39 (i.e., Weak diversification). The correlation of Complete Solaria, 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.
Complete Solaria, Correlation With Market
Modest diversification
The correlation between Complete Solaria, Common and DJI is 0.25 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Complete Solaria, Common and DJI in the same portfolio, assuming nothing else is changed.
Complete |
Moving together with Complete Stock
| 0.61 | TYGO | Tigo Energy | PairCorr |
| 0.68 | S | SentinelOne | PairCorr |
| 0.64 | VERI | Veritone | PairCorr |
| 0.65 | VRNS | Varonis Systems | PairCorr |
| 0.63 | VRNT | Verint Systems | PairCorr |
| 0.68 | FLEX | Flex | PairCorr |
| 0.74 | CRM | Salesforce | PairCorr |
| 0.68 | HPE | Hewlett Packard Ente Aggressive Push | PairCorr |
| 0.68 | MSI | Motorola Solutions | PairCorr |
| 0.72 | TDC | Teradata Corp | PairCorr |
| 0.75 | ZBRA | Zebra Technologies | PairCorr |
| 0.77 | LITE | Lumentum Holdings | PairCorr |
| 0.64 | NTGR | NETGEAR | PairCorr |
| 0.67 | AIRG | Airgain | PairCorr |
Moving against Complete Stock
| 0.62 | VRSN | VeriSign | PairCorr |
| 0.45 | MQ | Marqeta | PairCorr |
| 0.41 | JG | Aurora Mobile | PairCorr |
| 0.62 | NOK | Nokia Corp ADR | PairCorr |
| 0.6 | BRK-A | Berkshire Hathaway | PairCorr |
| 0.6 | WM | Waste Management | PairCorr |
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
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Risk-Adjusted Indicators
There is a big difference between Complete Stock performing well and Complete Solaria, 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 Complete Solaria,'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| KODK | 2.78 | (0.18) | 0.00 | (0.09) | 0.00 | 5.20 | 15.44 | |||
| TOWTF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| SCL | 1.49 | (0.32) | 0.00 | (0.30) | 0.00 | 2.69 | 8.92 | |||
| TRMD | 2.33 | 0.11 | 0.04 | 0.65 | 2.75 | 5.73 | 18.19 | |||
| LIND | 2.56 | (0.17) | 0.00 | (0.09) | 0.00 | 6.53 | 17.77 | |||
| SKX | 1.76 | (0.21) | 0.00 | 1.61 | 0.00 | 2.93 | 18.16 | |||
| NRRWF | 1.60 | (0.21) | 0.00 | (0.50) | 0.00 | 0.00 | 41.67 | |||
| BTNY | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Complete Solaria, Corporate Management
| Vikas Desai | CCO | Profile | |
| Linda DeJulio | Chief Officer | Profile | |
| Dan Myers | Executive Division | Profile | |
| Shane Messer | Chief Officer | Profile | |
| Brian Wuebbels | Chief Officer | Profile |