Cyxtera Technologies Correlations
| CYXTDelisted Stock | USD 0.05 0 2.70% |
The current 90-days correlation between Cyxtera Technologies and 9F Inc is 0.05 (i.e., Significant diversification). The correlation of Cyxtera Technologies 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.
Cyxtera Technologies Correlation With Market
Weak diversification
The correlation between Cyxtera Technologies and DJI is 0.32 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Cyxtera Technologies and DJI in the same portfolio, assuming nothing else is changed.
Cyxtera |
Moving together with Cyxtera Stock
| 0.65 | KO | Coca Cola Aggressive Push | PairCorr |
Moving against Cyxtera Stock
| 0.85 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
| 0.8 | TRV | The Travelers Companies Fiscal Year End 17th of January 2025 | PairCorr |
| 0.8 | HD | Home Depot | PairCorr |
| 0.79 | CAT | Caterpillar Fiscal Year End 3rd of February 2025 | PairCorr |
| 0.78 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.72 | FSTF | First State Financial | PairCorr |
| 0.66 | BAC | Bank of America Aggressive Push | PairCorr |
| 0.61 | DIS | Walt Disney Aggressive Push | PairCorr |
| 0.54 | IBM | International Business Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.52 | JPM | JPMorgan Chase Fiscal Year End 10th of January 2025 | PairCorr |
| 0.5 | MCD | McDonalds Fiscal Year End 3rd of February 2025 | PairCorr |
| 0.47 | GE | GE Aerospace Fiscal Year End 28th of January 2025 | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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 Cyxtera Stock performing well and Cyxtera Technologies 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 Cyxtera Technologies' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| JFU | 6.56 | 0.04 | 0.02 | 0.14 | 7.59 | 12.73 | 99.77 | |||
| NOTE | 2.79 | (0.66) | 0.00 | (0.21) | 0.00 | 6.03 | 20.02 | |||
| ARBB | 8.33 | 0.95 | 0.11 | 0.39 | 8.60 | 12.00 | 124.90 | |||
| SASI | 5.18 | (0.26) | 0.00 | 0.19 | 0.00 | 12.50 | 68.14 | |||
| BBAI | 4.26 | 0.53 | 0.14 | 0.38 | 4.25 | 11.36 | 28.29 | |||
| INOD | 4.96 | 1.36 | 0.35 | 0.50 | 3.77 | 9.36 | 90.24 | |||
| CLPS | 3.11 | 0.49 | 0.08 | (1.07) | 3.38 | 10.23 | 24.69 | |||
| HCKT | 1.36 | 0.10 | 0.15 | 0.18 | 0.93 | 2.61 | 19.63 | |||
| G | 0.98 | 0.17 | 0.14 | 0.32 | 0.81 | 2.64 | 11.64 | |||
| NABL | 1.09 | (0.39) | 0.00 | (0.34) | 0.00 | 1.77 | 9.22 |
View Cyxtera Technologies Related Equities
| Risk & Return | Correlation |
Cyxtera Technologies Corporate Management
| Victor Semah | Chief Officer | Profile | |
| Jason Lochhead | VP CTO | Profile | |
| David Keasey | Chief Officer | Profile | |
| Greer Aviv | VP Relations | Profile | |
| Nelson Fonseca | CEO Pres | Profile | |
| Randy Rowland | Chief Officer | Profile | |
| Edmundo Miranda | Principal Officer | Profile |
Still Interested in Cyxtera Technologies?
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