Pangaea Logistic Correlations
| PANL Stock | USD 5.35 0.13 2.37% |
A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Pangaea Logistic moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pangaea Logistic moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Pangaea Logistic Correlation With Market
Modest diversification
The correlation between Pangaea Logistic and DJI is 0.24 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Pangaea Logistic and DJI in the same portfolio, assuming nothing else is changed.
Pangaea |
Moving together with Pangaea Stock
Moving against Pangaea Stock
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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Pangaea Stock performing well and Pangaea Logistic 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 Pangaea Logistic'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| EDRY | 2.05 | (0.07) | 0.00 | (0.24) | 0.00 | 4.10 | 14.67 | |||
| CMRE | 1.54 | (0.34) | 0.00 | (1.09) | 0.00 | 2.27 | 11.48 | |||
| CPLP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| GSL | 1.29 | 0.19 | 0.14 | 0.27 | 1.37 | 2.59 | 10.89 | |||
| DAC | 1.22 | 0.08 | 0.09 | 0.16 | 1.40 | 2.14 | 6.71 | |||
| ESEA | 2.26 | (0.08) | 0.00 | (0.15) | 0.00 | 5.44 | 26.48 | |||
| HSHP | 2.36 | 0.43 | 0.16 | 0.80 | 2.73 | 4.80 | 11.71 | |||
| KEX | 1.28 | (0.01) | 0.00 | (0.08) | 0.00 | 2.41 | 9.03 | |||
| NMM | 1.53 | (0.13) | 0.00 | (0.39) | 0.00 | 2.93 | 11.57 | |||
| MATX | 1.29 | (0.12) | 0.00 | 0.40 | 0.00 | 2.22 | 6.83 |
Pangaea Logistic Corporate Executives
Elected by the shareholders, the Pangaea Logistic's board of directors comprises two types of representatives: Pangaea Logistic inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Pangaea. The board's role is to monitor Pangaea Logistic's management team and ensure that shareholders' interests are well served. Pangaea Logistic'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, Pangaea Logistic's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Gianni Signore | CFO Secretary | Profile |