CCC Intelligent Correlations

CCCSDelisted Stock  USD 8.73  0.25  2.78%   
The current 90-days correlation between CCC Intelligent Solutions and SentinelOne is 0.1 (i.e., Average 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

Excellent diversification

The correlation between CCC Intelligent Solutions and DJI is -0.64 (i.e., Excellent 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 together with CCC Stock

  0.66SPR Spirit AerosystemsPairCorr

Moving against CCC Stock

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  0.76INGR Ingredion IncorporatedPairCorr
  0.75CMA Comerica IncorporatedPairCorr
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  0.73LNN LindsayPairCorr
  0.72STRS Stratus PropertiesPairCorr
  0.67NTRSO Northern TrustPairCorr
  0.66ADEA ADEIA PPairCorr
  0.64MFGCF Mayfair Gold CorpPairCorr
  0.63ENB EnbridgePairCorr
  0.63XYIGY Xinyi Glass Holdings Earnings Call This WeekPairCorr
  0.55KRKNF Kraken Robotics Tech BoostPairCorr
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  0.48SBYSF Sibanye StillwaterPairCorr
  0.42AEMMY A2A SpA ADRPairCorr
  0.83FLFG Federal Life GroupPairCorr
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  0.81JNJ Johnson JohnsonPairCorr
  0.81BNL Broadstone Net LeasePairCorr
  0.79TG TredegarPairCorr
  0.77BYM BlackRock MunicipalPairCorr
  0.77MTZ MasTec Inc Earnings Call This WeekPairCorr
  0.76SBKO Summit Bank GroupPairCorr
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  0.74LTSK Ladenburg ThalmannPairCorr
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  0.68PNC PNC Financial Services Downward RallyPairCorr
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  0.61CRNZF Cairn Energy PLCPairCorr
  0.56TWMIF Tidewater Midstream andPairCorr

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

BOXACIW
ACIWFROG
QLYSBOX
BOXFROG
QLYSFROG
BOXFOUR
  

High negative correlations

CAMTBOX
CAMTACIW
CAMTS
CAMTQLYS
CAMTFOUR
CAMTFROG

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  2.16 (0.34) 0.00  1.76  0.00 
 3.71 
 18.14 
WEX  1.74  0.05  0.05  0.09  2.15 
 3.40 
 14.87 
FOUR  1.82 (0.33) 0.00 (0.13) 0.00 
 5.12 
 14.66 
FROG  3.01 (0.61) 0.00 (0.97) 0.00 
 5.63 
 14.75 
ACIW  1.48 (0.34) 0.00 (0.23) 0.00 
 2.93 
 12.00 
STNE  2.46  0.14  0.02 (1.00) 3.21 
 5.33 
 15.52 
BILL  2.90 (0.35) 0.00 (0.03) 0.00 
 3.83 
 44.26 
BOX  1.56 (0.57) 0.00 (0.52) 0.00 
 2.76 
 12.81 
QLYS  1.65 (0.66) 0.00 (1.43) 0.00 
 2.52 
 17.06 
CAMT  2.72  0.67  0.21  1.09  2.67 
 7.26 
 14.74 

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?

Investing in delisted delisted stocks can be risky, as the stock is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.