FTI Consulting Correlations

FCN Stock

USD 200.81 2.63 1.33%

The current 90-days correlation between FTI Consulting and Forestar Group is 0.1 (i.e., Average diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as FTI Consulting moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if FTI Consulting moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

FTI Consulting Correlation With Market

Weak diversification

The correlation between FTI Consulting and DJI is 0.3 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding FTI Consulting and DJI in the same portfolio, assuming nothing else is changed.

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FTI Consulting. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

To learn how to invest in FTI Stock, please use our How to Invest in FTI Consulting guide.

Moving together with FTI Stock

0.86	FA	First Advantage Corp	Pair Corr
0.83	MG	Mistras Group	Pair Corr
0.75	VCIG	VCI Global Limited	Pair Corr
0.95	VLTO	Veralto	Pair Corr
0.82	EXPO	Exponent	Pair Corr
0.81	EFX	Equifax	Pair Corr
0.65	MMS	Maximus Downward Rally	Pair Corr

Moving against FTI Stock

0.73	LZ	LegalZoom	Pair Corr
0.7	SQ	Block Inc Tech Boost	Pair Corr
0.68	WM	Waste Management	Pair Corr
0.66	VRSK	Verisk Analytics	Pair Corr
0.65	DRVN	Driven Brands Holdings	Pair Corr
0.57	G	Genpact Limited	Pair Corr
0.56	KC	Kingsoft Cloud Holdings Tech Boost	Pair Corr
0.49	BR	Broadridge Financial	Pair Corr
0.46	NL	NL Industries	Pair Corr
0.43	BV	BrightView Holdings	Pair Corr
0.77	VSEC	VSE Corporation	Pair Corr
0.72	EXLS	ExlService Holdings	Pair Corr
0.65	ADP	Automatic Data Processing	Pair Corr
0.64	CBZ	CBIZ Inc	Pair Corr
0.53	FOUR	Shift4 Payments Tech Boost	Pair Corr
0.45	WLDN	Willdan Group	Pair Corr
0.41	ABM	ABM Industries Fiscal Year End 11th of December 2024	Pair Corr
0.38	DNB	Dun Bradstreet Holdings	Pair Corr
0.34	ARC	ARC Document Solutions	Pair Corr
0.73	RBA	RB Global	Pair Corr
0.71	INOD	Innodata Tech Boost	Pair Corr
0.69	VVI	Viad Corp	Pair Corr
0.69	IIIV	i3 Verticals	Pair Corr
0.53	KAR	KAR Auction Services	Pair Corr

Related Correlations Analysis

	CRAI	THR	FORR	FOR	ALG
CRAI		-0.22	-0.73	0.03	0.38	CRAI
THR	-0.22		0.65	-0.13	0.56	THR
FORR	-0.73	0.65		-0.08	0.1	FORR
FOR	0.03	-0.13	-0.08		-0.24	FOR
ALG	0.38	0.56	0.1	-0.24		ALG
	CRAI	THR	FORR	FOR	ALG

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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

FORR	+ 0.65	THR
ALG	+ 0.56	THR
ALG	+ 0.38	CRAI
ALG	+ 0.1	FORR
FOR	+ 0.03	CRAI

High negative correlations

FORR	- 0.73	CRAI
ALG	- 0.24	FOR
THR	- 0.22	CRAI
FOR	- 0.13	THR
FOR	- 0.08	FORR

Risk-Adjusted Indicators

There is a big difference between FTI Stock performing well and FTI Consulting 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 FTI Consulting'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
CRAI	1.49	0.09	0.06	0.15	2.12	(1.41)	2.71	(3.40)	12.45
THR	1.51	(0.13)	(0.01)	0.04	1.83	(1.81)	3.32	(2.67)	11.24
FORR	1.84	(0.25)	0.00	(0.06)	0.00	0.00	3.66	(3.77)	10.89
FOR	1.25	(0.15)	0.00	(0.05)	0.00	0.00	3.51	(3.60)	8.47
ALG	1.42	(0.02)	0.03	0.09	1.46	(1.52)	2.41	(2.25)	12.83

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