CCC Intelligent Correlations

CCCSDelisted Stock  USD 8.73  0.25  2.78%   
The current 90-days correlation between CCC Intelligent Solutions and SentinelOne is 0.05 (i.e., Significant diversification). The correlation of CCC Intelligent 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.

CCC Intelligent Correlation With Market

Significant diversification

The correlation between CCC Intelligent Solutions and DJI is 0.08 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding CCC Intelligent Solutions and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in services.

Moving against CCC Stock

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Related Correlations Analysis


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

STNES
QLYSFROG
FOURS
BOXS
BOXFOUR
ACIWFOUR
  

High negative correlations

STNEFROG
FROGS
BOXFROG
FROGFOUR
ACIWFROG
QLYSSTNE

Risk-Adjusted Indicators

There is a big difference between CCC Stock performing well and CCC Intelligent 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 CCC Intelligent'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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
S  1.82 (0.36) 0.00 (0.18) 0.00 
 3.71 
 19.38 
WEX  1.31 (0.14) 0.00 (0.04) 0.00 
 2.74 
 6.48 
FOUR  1.68 (0.40) 0.00 (0.18) 0.00 
 4.21 
 11.05 
FROG  2.36  0.40  0.18  0.37  2.02 
 4.77 
 31.06 
ACIW  1.13 (0.15) 0.00 (0.12) 0.00 
 2.08 
 8.25 
STNE  2.22 (0.42) 0.00 (0.19) 0.00 
 4.17 
 16.52 
BILL  1.67 (0.05) 0.00  0.04  2.03 
 3.00 
 14.97 
BOX  1.06 (0.12) 0.00 (0.13) 0.00 
 2.76 
 9.51 
QLYS  1.53 (0.02)(0.01) 0.05  1.86 
 2.52 
 25.56 
CAMT  2.77  0.00  0.01  0.07  3.23 
 7.15 
 15.59 

Delisting Warning - CCCS

CCC Intelligent Solutions was delisted

The entity CCC Intelligent Solutions with a symbol CCCS was delisted from NASDAQ Exchange. Please try CCC Intelligent Solutions with a symbol CCC from now on. Check all delisted instruments accross multiple markets.

CCC Intelligent Corporate Management

Barrett CallaghanExecutive Vice President - Markets and Customer SuccessProfile
Rodney ChristoChief OfficerProfile
Shivani GovilSenior Vice President Chief Product OfficerProfile
Andreas HechtSenior GMProfile
David YuanIndependent DirectorProfile

Still Interested in CCC Intelligent Solutions?

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