CLPS Correlations

CLPS Stock

USD 1.05 0.01 0.94%

The current 90-days correlation between CLPS Inc and Veea Inc is -0.16 (i.e., Good diversification). The correlation of CLPS 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.

CLPS Correlation With Market

Poor diversification

The correlation between CLPS Inc and DJI is 0.67 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding CLPS Inc and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with CLPS Stock

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

Moving together with CLPS Stock

0.61	MI	NFT Limited	Pair Corr
0.72	FDM	FDM Group Holdings	Pair Corr
0.75	G40	GDS Holdings Limited	Pair Corr

Moving against CLPS Stock

0.88	IT	Gartner	Pair Corr
0.8	KD	Kyndryl Holdings	Pair Corr
0.77	DUG	DUG Technology	Pair Corr
0.74	CVB	Computer And Technologies	Pair Corr
0.66	SOP	Sopra Steria Group	Pair Corr
0.5	RZC	CAICA Inc	Pair Corr
0.49	AN3	Alten SA	Pair Corr
0.41	IL8	IT Link SA	Pair Corr
0.41	DVLT	Datavault AI	Pair Corr
0.41	MKL	Atea ASA	Pair Corr
0.33	CD	Chaince Digital Holdings Symbol Change	Pair Corr
0.8	7XU	KYNDRYL HLDGS INC	Pair Corr
0.63	ETHZ	ETHZilla Symbol Change	Pair Corr
0.6	EPAM	EPAM Systems	Pair Corr
0.56	NCR1	NCR Corporation	Pair Corr
0.5	DIN	Digital China Holdings	Pair Corr
0.47	CDW	CDW Corporation	Pair Corr
0.4	KUD	Kudelski	Pair Corr
0.4	HCI	HC Group	Pair Corr
0.32	FIGR	Figure Technology	Pair Corr
0.87	LHV	ExlService Holdings	Pair Corr
0.86	NR7	Nomura Research Institute	Pair Corr
0.78	GIB	CGI Inc	Pair Corr
0.78	TH1	TTEC Holdings	Pair Corr
0.78	CGMA	CAPGEMINI UNSADR 15EO8	Pair Corr
0.77	UIS	Unisys	Pair Corr

Related Correlations Analysis

	VEEA	NTCL	FOXX	UTSI	NXPL	AIFF	CNTM	RPGL	SAGT	RMSG
VEEA		0.12	-0.26	-0.2	0.29	0.28	0.64	0.08	-0.16	0.29	VEEA
NTCL	0.12		0.14	-0.15	0.27	0.91	0.32	0.22	0.5	0.89	NTCL
FOXX	-0.26	0.14		0.0	-0.19	0.05	-0.22	-0.02	0.05	-0.06	FOXX
UTSI	-0.2	-0.15	0.0		0.06	-0.22	-0.33	0.09	-0.15	-0.19	UTSI
NXPL	0.29	0.27	-0.19	0.06		0.35	0.28	0.36	-0.04	0.42	NXPL
AIFF	0.28	0.91	0.05	-0.22	0.35		0.38	0.16	0.45	0.89	AIFF
CNTM	0.64	0.32	-0.22	-0.33	0.28	0.38		0.34	0.04	0.48	CNTM
RPGL	0.08	0.22	-0.02	0.09	0.36	0.16	0.34		-0.13	0.24	RPGL
SAGT	-0.16	0.5	0.05	-0.15	-0.04	0.45	0.04	-0.13		0.47	SAGT
RMSG	0.29	0.89	-0.06	-0.19	0.42	0.89	0.48	0.24	0.47		RMSG
	VEEA	NTCL	FOXX	UTSI	NXPL	AIFF	CNTM	RPGL	SAGT	RMSG

Please upgrade your account to get full access to Macroaxis premium features

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

AIFF	+ 0.91	NTCL
RMSG	+ 0.89	NTCL
RMSG	+ 0.89	AIFF
CNTM	+ 0.64	VEEA
SAGT	+ 0.5	NTCL
RMSG	+ 0.48	CNTM

High negative correlations

CNTM	- 0.33	UTSI
FOXX	- 0.26	VEEA
AIFF	- 0.22	UTSI
CNTM	- 0.22	FOXX
UTSI	- 0.2	VEEA
RMSG	- 0.19	UTSI

Risk-Adjusted Indicators

There is a big difference between CLPS Stock performing well and CLPS 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 CLPS'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
VEEA	6.33	0.72	0.10	0.48	6.26	(8.52)	14.29	(10.96)	34.60
NTCL	7.57	(1.67)	0.00	(0.49)	0.00	0.00	12.50	(16.67)	71.43
FOXX	6.69	0.40	0.04	(2.95)	8.65	(7.52)	19.35	(12.90)	60.88
UTSI	2.45	0.00	0.00	0.03	0.00	0.00	4.66	(6.80)	22.59
NXPL	3.17	(0.35)	0.00	(0.14)	0.00	0.00	6.56	(6.78)	20.81
AIFF	5.80	0.51	0.12	0.15	4.84	(8.64)	5.41	(8.43)	27.67
CNTM	7.92	0.89	0.08	3.73	8.60	(10.24)	22.22	(15.38)	54.57
RPGL	15.62	0.77	0.05	0.40	14.74	(26.59)	18.93	(25.64)	225.26
SAGT	4.65	(0.03)	0.00	(0.03)	0.00	0.00	9.32	(9.05)	59.32
RMSG	6.34	(1.47)	0.00	(1.31)	0.00	0.00	15.20	(15.65)	71.07

CLPS Corporate Management

Rhon Galicha	Investor Officer	Profile
Xiao Yang	Chairman Pres	Profile
Rui Yang	Chief Officer	Profile
Wilson Wong	Ex VP	Profile
Srustijeet Mishra	Chief USA	Profile
Ming Lin	CEO CoFounder	Profile
Li Li	Chief Officer	Profile

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2026 Macroaxis LLC