Cyanotech Correlations
| CYAN Stock | USD 0.47 0.04 7.84% |
The current 90-days correlation between Cyanotech and Aspen Group is -0.09 (i.e., Good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cyanotech moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cyanotech moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Cyanotech Correlation With Market
Very weak diversification
The correlation between Cyanotech and DJI is 0.4 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Cyanotech and DJI in the same portfolio, assuming nothing else is changed.
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Moving against Cyanotech Stock
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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Cyanotech Stock performing well and Cyanotech 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 Cyanotech'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BABYF | 9.66 | 0.27 | 0.00 | (0.05) | 11.41 | 27.63 | 71.14 | |||
| ASPU | 7.22 | 1.35 | 0.07 | (2.05) | 9.03 | 21.43 | 82.11 | |||
| HRSR | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| APRU | 15.62 | 0.89 | 0.04 | 0.22 | 17.31 | 33.33 | 175.00 | |||
| PLVFF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| SVIN | 1.38 | (0.14) | 0.00 | 0.38 | 0.00 | 4.88 | 18.40 | |||
| YWGRF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| RSAU | 0.21 | (0.11) | 0.00 | 0.91 | 0.00 | 0.00 | 7.14 | |||
| CMGHF | 0.31 | (0.01) | 0.00 | 0.02 | 0.00 | 0.00 | 19.72 | |||
| TBEV | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Cyanotech Corporate Management
| Amy Nordin | VP Secretary | Profile | |
| Glenn Jensen | VP of Operations | Profile | |
| Charles Hartmann | Vice Marketing | Profile | |
| Jennifer Brand | Vice Sales | Profile | |
| Felicia Ladin | CFO Treasurer | Profile |