CSW Industrials Correlations

CSWIDelisted Stock  USD 305.10  4.41  1.42%   
The correlation of CSW Industrials 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.

CSW Industrials Correlation With Market

Very weak diversification

The correlation between CSW Industrials and DJI is 0.56 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding CSW Industrials 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 child.

Moving together with CSW Stock

  0.67AA Alcoa CorpPairCorr
  0.64GE GE AerospacePairCorr

Moving against CSW Stock

  0.57AAPL Apple Inc Sell-off TrendPairCorr
  0.51HPQ HP IncPairCorr
  0.49T ATT Inc Earnings Call TodayPairCorr
  0.33MMM 3M CompanyPairCorr

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

TRTN-PCJBTM
TRTN-PCGMS
GMSJBTM
JBTMAIMC
AJRDAIMC
WIREAIMC
  

High negative correlations

ENOVTRTN-PC
ENOVJBTM
ENOVGMS
HEESTRTN-PC
HEESJBTM
HEESGMS

Risk-Adjusted Indicators

There is a big difference between CSW Stock performing well and CSW Industrials 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 CSW Industrials' 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
AIMC  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
JBTM  1.53  0.35  0.29  0.32  0.98 
 3.84 
 15.08 
AJRD  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
WIRE  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
GMS  1.39  0.63  0.53 (0.61) 0.00 
 1.43 
 25.00 
IAA  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
TRTN-PC  0.35  0.02 (0.03) 0.37  0.48 
 0.68 
 2.46 
GOL  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
ENOV  2.48 (0.64) 0.00 (0.22) 0.00 
 4.95 
 17.04 
HEES  0.66 (0.05) 0.00 (0.26) 0.00 
 1.14 
 4.69 

Delisting Warning - CSWI

CSW Industrials was delisted

The entity CSW Industrials with a symbol CSWI was delisted from NASDAQ Exchange. Please try CSW Industrials with a symbol CSW from now on. Check all delisted instruments accross multiple markets.

CSW Industrials Corporate Executives

Elected by the shareholders, the CSW Industrials' board of directors comprises two types of representatives: CSW Industrials inside directors who are chosen from within the company, and outside directors, selected externally and held independent of CSW. The board's role is to monitor CSW Industrials' management team and ensure that shareholders' interests are well served. CSW Industrials' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, CSW Industrials' outside directors are responsible for providing unbiased perspectives on the board's policies.
James PerryExecutive CFOProfile

Still Interested in CSW Industrials?

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.