Capital Clean Correlations
| CCEC Stock | 18.27 0.40 2.14% |
The current 90-days correlation between Capital Clean Energy and Star Bulk Carriers is 0.22 (i.e., Modest diversification). The correlation of Capital Clean 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.
Capital Clean Correlation With Market
Average diversification
The correlation between Capital Clean Energy and DJI is 0.1 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Capital Clean Energy and DJI in the same portfolio, assuming nothing else is changed.
Capital |
Moving together with Capital Stock
| 0.63 | SB-PC | Safe Bulkers | PairCorr |
| 0.7 | PXSAP | Pyxis Tankers | PairCorr |
| 0.66 | ZIM | ZIM Integrated Shipping | PairCorr |
| 0.69 | CMRE-PC | Costamare | PairCorr |
| 0.63 | DSX-PB | Diana Shipping | PairCorr |
| 0.75 | GSL-PB | Global Ship Lease | PairCorr |
Moving against Capital Stock
| 0.37 | SB | Safe Bulkers Potential Growth | PairCorr |
| 0.37 | ASC | Ardmore Shpng Sell-off Trend | PairCorr |
| 0.31 | EDRY | EuroDry | PairCorr |
| 0.63 | KNOP | KNOT Offshore Partners | PairCorr |
| 0.48 | ICON | Icon Energy Corp | PairCorr |
| 0.44 | HAFN | Hafnia Limited Earnings Call This Week | PairCorr |
| 0.37 | PXS | Pyxis Tankers | PairCorr |
| 0.63 | CTRM | Castor Maritime | PairCorr |
| 0.52 | SMHI | SEACOR Marine Holdings | PairCorr |
| 0.35 | TORO | Toro | PairCorr |
Related Correlations Analysis
| 0.52 | 0.9 | -0.36 | 0.68 | 0.71 | SBLK | ||
| 0.52 | 0.72 | -0.02 | 0.6 | 0.63 | TOPS | ||
| 0.9 | 0.72 | -0.19 | 0.73 | 0.87 | SHIP | ||
| -0.36 | -0.02 | -0.19 | -0.2 | -0.13 | PSHG | ||
| 0.68 | 0.6 | 0.73 | -0.2 | 0.67 | GLBS | ||
| 0.71 | 0.63 | 0.87 | -0.13 | 0.67 | USEA | ||
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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 Capital Stock performing well and Capital Clean 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 Capital Clean'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SBLK | 1.54 | (0.23) | 0.00 | (0.18) | 0.00 | 3.44 | 10.19 | |||
| TOPS | 1.70 | (0.22) | 0.00 | (1.34) | 0.00 | 5.29 | 10.00 | |||
| SHIP | 1.90 | (0.38) | 0.00 | (1.18) | 0.00 | 3.74 | 12.44 | |||
| PSHG | 1.51 | (0.13) | 0.00 | 1.05 | 0.00 | 2.70 | 11.80 | |||
| GLBS | 2.55 | (0.08) | (0.04) | 0.02 | 2.64 | 7.57 | 18.26 | |||
| USEA | 1.32 | (0.27) | 0.00 | 7.85 | 0.00 | 2.38 | 10.21 |
Capital Clean Corporate Management
| Nikolaos Kalapotharakos | Chief LLC | Profile | |
| Eleni Tsoukala | Independent Secretary | Profile | |
| Spyridon Leousis | Chief LLC | Profile | |
| Brian Gallagher | Executive Relation | Profile |