Oklo Correlations
| OKLO Stock | 28.00 0.28 1.01% |
The current 90-days correlation between Oklo Inc and Major Drilling Group is 0.4 (i.e., Very weak diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Oklo moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Oklo Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Oklo Correlation With Market
Modest diversification
The correlation between Oklo Inc and DJI is 0.29 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Oklo Inc and DJI in the same portfolio, assuming nothing else is changed.
Oklo |
Moving together with Oklo Stock
| 0.66 | ELPC | Companhia Paranaense | PairCorr |
| 0.67 | ELP | Companhia Paranaense | PairCorr |
| 0.62 | ETR | Entergy | PairCorr |
| 0.67 | TLN | Talen Energy | PairCorr |
Moving against Oklo Stock
| 0.74 | EIX | Edison International | PairCorr |
| 0.71 | PCG | PGE Corp Aggressive Push | PairCorr |
| 0.53 | NEE | Nextera Energy | PairCorr |
| 0.43 | GNE | Genie Energy | PairCorr |
| 0.82 | SCE-PJ | SCE Trust IV | PairCorr |
| 0.77 | PCG-PA | Pacific Gas | PairCorr |
| 0.72 | SCE-PN | SCE Trust VIII | PairCorr |
| 0.67 | SCE-PG | SCE Trust II | PairCorr |
| 0.67 | PCG-PD | Pacific Gas | PairCorr |
| 0.66 | SCE-PL | SCE Trust VI | PairCorr |
| 0.64 | PCG-PH | Pacific Gas | PairCorr |
| 0.63 | SCE-PK | SCE Trust V | PairCorr |
Related Correlations Analysis
| 0.0 | 0.33 | 0.37 | 0.21 | 0.33 | 0.0 | MJDLF | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | MOSTQ | ||
| 0.33 | 0.0 | 0.53 | 0.7 | 0.41 | 0.0 | JBGS | ||
| 0.37 | 0.0 | 0.53 | 0.54 | -0.05 | 0.0 | EML | ||
| 0.21 | 0.0 | 0.7 | 0.54 | 0.47 | 0.0 | AVY | ||
| 0.33 | 0.0 | 0.41 | -0.05 | 0.47 | 0.0 | BORR | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | EGDFF | ||
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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 Oklo Stock performing well and Oklo 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 Oklo'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| MJDLF | 1.84 | (0.09) | 0.00 | (0.21) | 0.00 | 3.91 | 15.42 | |||
| MOSTQ | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| JBGS | 1.69 | (0.06) | 0.00 | (0.18) | 0.00 | 3.16 | 8.74 | |||
| EML | 1.87 | (0.05) | 0.00 | (0.17) | 0.00 | 4.56 | 9.74 | |||
| AVY | 1.05 | (0.12) | 0.00 | (0.32) | 0.00 | 1.60 | 7.69 | |||
| BORR | 2.85 | (0.49) | 0.00 | (0.96) | 0.00 | 5.09 | 16.70 | |||
| EGDFF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Oklo Corporate Executives
Elected by the shareholders, the Oklo's board of directors comprises two types of representatives: Oklo inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Oklo. The board's role is to monitor Oklo's management team and ensure that shareholders' interests are well served. Oklo'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, Oklo's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Caroline Cochrane | COO Founder | Profile |