Fluor Correlations
| FLR Stock | MXN 985.27 0.00 0.00% |
The current 90-days correlation between Fluor and Monster Beverage Corp is 0.15 (i.e., Average diversification). The correlation of Fluor 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.
Fluor Correlation With Market
Significant diversification
The correlation between Fluor and DJI is 0.07 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Fluor and DJI in the same portfolio, assuming nothing else is changed.
Fluor |
The ability to find closely correlated positions to Fluor could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fluor when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Fluor - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Fluor to buy it.
Moving together with Fluor Stock
Moving against Fluor Stock
Related Correlations Analysis
| -0.49 | 0.0 | -0.62 | -0.44 | GMXT | ||
| -0.49 | 0.0 | 0.85 | 0.43 | MNST | ||
| 0.0 | 0.0 | 0.0 | 0.0 | DXC | ||
| -0.62 | 0.85 | 0.0 | 0.67 | SPORTS | ||
| -0.44 | 0.43 | 0.0 | 0.67 | HOTEL | ||
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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 Fluor Stock performing well and Fluor 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 Fluor'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| GMXT | 1.33 | (0.16) | 0.00 | (0.17) | 0.00 | 2.92 | 14.26 | |||
| MNST | 1.00 | 0.29 | 0.07 | 1.58 | 1.10 | 3.52 | 11.51 | |||
| DXC | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| SPORTS | 1.17 | 0.33 | 0.07 | 141.58 | 1.51 | 3.23 | 12.22 | |||
| HOTEL | 1.64 | 0.07 | (0.03) | (0.13) | 1.89 | 4.00 | 18.61 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Fluor without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Fluor Corporate Management
Elected by the shareholders, the Fluor's board of directors comprises two types of representatives: Fluor inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Fluor. The board's role is to monitor Fluor's management team and ensure that shareholders' interests are well served. Fluor's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Fluor's outside directors are responsible for providing unbiased perspectives on the board's policies.
| John Regan | Controller VP | Profile | |
| Robert Taylor | Chief Technology | Profile | |
| Jason Landkamer | Director Relations | Profile | |
| John Reynolds | Chief Legal Officer | Profile | |
| Mark Fields | Group Execution | Profile | |
| Christopher Panichi | Sr Fin | Profile |