CEA Industries Correlations

CEAD Stock

USD 7.60 0.15 1.94%

The current 90-days correlation between CEA Industries and AmeraMex International is 0.14 (i.e., Average diversification). The correlation of CEA Industries 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.

CEA Industries Correlation With Market

Good diversification

The correlation between CEA Industries and DJI is -0.11 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding CEA Industries and DJI in the same portfolio, assuming nothing else is changed.

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CEA Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

For information on how to trade CEA Stock refer to our How to Trade CEA Stock guide.

Moving together with CEA Stock

0.67	B	Barnes Group Earnings Call This Week	Pair Corr
0.79	BA	Boeing Fiscal Year End 29th of January 2025	Pair Corr

Moving against CEA Stock

0.8	OSK	Oshkosh	Pair Corr
0.71	TEX	Terex	Pair Corr
0.7	XOS	Xos Inc	Pair Corr
0.68	SHYF	Shyft Group	Pair Corr
0.65	MTW	Manitowoc	Pair Corr
0.61	CAT	Caterpillar Fiscal Year End 3rd of February 2025	Pair Corr
0.53	NKLA	Nikola Corp Buyout Trend	Pair Corr
0.52	GENC	Gencor Industries	Pair Corr
0.4	WNC	Wabash National	Pair Corr
0.32	HY	Hyster Yale Materials	Pair Corr
0.74	UGRO	Urban Gro	Pair Corr
0.62	GD	General Dynamics Earnings Call This Week	Pair Corr
0.6	CR	Crane Company	Pair Corr
0.58	IR	Ingersoll Rand	Pair Corr
0.54	J	Jacobs Solutions	Pair Corr
0.5	GE	GE Aerospace Earnings Call This Week	Pair Corr
0.4	BW	Babcock Wilcox Enter	Pair Corr
0.31	BV	BrightView Holdings	Pair Corr

Related Correlations Analysis

	REVG	CAT	BIIAF	AUSTF	AGGZF	TGHLF	GRSO	AMMX	GRNH
REVG		-0.19	0.0	0.51	-0.08	-0.63	0.0	-0.72	0.0	REVG
CAT	-0.19		0.0	-0.75	0.15	0.38	0.0	0.25	0.0	CAT
BIIAF	0.0	0.0		0.0	0.0	0.0	0.0	0.0	0.0	BIIAF
AUSTF	0.51	-0.75	0.0		-0.29	-0.57	0.0	-0.55	0.0	AUSTF
AGGZF	-0.08	0.15	0.0	-0.29		0.34	0.0	0.12	0.0	AGGZF
TGHLF	-0.63	0.38	0.0	-0.57	0.34		0.0	0.45	0.0	TGHLF
GRSO	0.0	0.0	0.0	0.0	0.0	0.0		0.0	0.0	GRSO
AMMX	-0.72	0.25	0.0	-0.55	0.12	0.45	0.0		0.0	AMMX
GRNH	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0		GRNH
	REVG	CAT	BIIAF	AUSTF	AGGZF	TGHLF	GRSO	AMMX	GRNH

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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

AUSTF	+ 0.51	REVG
AMMX	+ 0.45	TGHLF
TGHLF	+ 0.38	CAT
TGHLF	+ 0.34	AGGZF
AMMX	+ 0.25	CAT
AGGZF	+ 0.15	CAT

High negative correlations

AUSTF	- 0.75	CAT
AMMX	- 0.72	REVG
TGHLF	- 0.63	REVG
TGHLF	- 0.57	AUSTF
AMMX	- 0.55	AUSTF
AGGZF	- 0.29	AUSTF

Risk-Adjusted Indicators

There is a big difference between CEA Stock performing well and CEA Industries 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 CEA Industries' 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
REVG	2.18	0.31	0.14	0.31	1.98	(2.99)	6.07	(3.45)	18.42
CAT	1.14	(0.03)	0.00	(0.05)	0.00	0.00	2.12	(2.72)	12.38
BIIAF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
AUSTF	1.03	0.51	0.00	7.91	0.00	0.00	0.00	0.00	33.33
AGGZF	1.19	(0.33)	0.00	0.62	0.00	0.00	1.85	(3.53)	25.57
TGHLF	2.79	(0.29)	0.00	(43.14)	0.00	0.00	5.48	(7.06)	22.53
GRSO	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
AMMX	5.02	(0.55)	0.00	2.55	0.00	0.00	10.00	(9.52)	58.33
GRNH	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

CEA Industries Corporate Management

Troy Rippe	Vice Development	Profile
Ian Patel	Treasurer CFO	Profile
Anthony McDonald	CEO Chairman	Profile
Bryan Merritt	G Mang	Profile
Jamie English	Vice Communications	Profile
Ryan Gift	Senior Development	Profile

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