FTI Consulting Correlations

FCQ Stock  EUR 136.00  2.00  1.49%   
The current 90-days correlation between FTI Consulting and Ecopetrol SA is -0.11 (i.e., Good diversification). The correlation of FTI Consulting 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.

FTI Consulting Correlation With Market

Very weak diversification

The correlation between FTI Consulting and DJI is 0.49 (i.e., Very 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.
  
The ability to find closely correlated positions to FTI Consulting could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace FTI Consulting when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back FTI Consulting - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling FTI Consulting to buy it.

Moving together with FTI Stock

  0.61K34 Konecranes PlcPairCorr
  0.63ALV Allianz SEPairCorr
  0.67IRV Integra Resources CorpPairCorr
  0.69UTDI UNITED INTERNET NPairCorr

Moving against FTI Stock

  0.56AJW ANGES MGPairCorr
  0.48BT3 BIOTIMEPairCorr
  0.48MBJ MBIA IncPairCorr
  0.31MBJ MBIAPairCorr
  0.69KMY Kimberly ClarkPairCorr
  0.57DBPD Xtrackers ShortDAXPairCorr
  0.38SFTU SoftBank Group Corp SplitPairCorr
  0.378LU TAURUS ENERGY ABPairCorr

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

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High negative correlations

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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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
BZG2  0.66 (0.09) 0.00 (0.39) 0.00 
 2.56 
 5.26 
BZG2  0.75 (0.24) 0.00 (0.70) 0.00 
 0.00 
 10.33 
BZG2  2.47 (0.12) 0.00 (0.13) 0.00 
 7.50 
 20.00 
SSU  2.91  0.92  0.34  1.28  2.19 
 7.66 
 15.03 
SSUN  2.58  0.82  0.29  0.92  2.12 
 6.24 
 13.83 
SSUN  2.55  0.71  0.23  1.84  2.29 
 6.04 
 14.94 
SSU  2.84  0.90  0.33  1.08  2.03 
 6.22 
 15.50 
TCID  4.01  0.11  0.01  0.28  5.37 
 12.50 
 35.42 
PTI  1.49  0.02 (0.01)(7.90) 2.51 
 2.81 
 16.77 
ECHA  1.84  0.36  0.11  8.05  2.22 
 3.80 
 14.76 

Be your own money manager

Our tools can tell you how much better you can do entering a position in FTI Consulting without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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FTI Consulting Corporate Management

Elected by the shareholders, the FTI Consulting's board of directors comprises two types of representatives: FTI Consulting inside directors who are chosen from within the company, and outside directors, selected externally and held independent of FTI. The board's role is to monitor FTI Consulting's management team and ensure that shareholders' interests are well served. FTI Consulting's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, FTI Consulting's outside directors are responsible for providing unbiased perspectives on the board's policies.
Holly PaulChief OfficerProfile
Brendan KeatingChief ControllerProfile
Lauren ChuppSenior SegmentProfile
Scott CockerhamSenior RestructuringProfile
Ajay SabherwalCFO TreasurerProfile
Curtis LuG CounselProfile
Rike RablChief OfficerProfile