VSE Correlations

VSEC Stock

USD 115.00 0.19 0.17%

The current 90-days correlation between VSE Corporation and Kaman is -0.08 (i.e., Good diversification). The correlation of VSE 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.

VSE Correlation With Market

Very weak diversification

The correlation between VSE Corp. 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 VSE Corp. and DJI in the same portfolio, assuming nothing else is changed.

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VSE Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Moving together with VSE Stock

0.74	BV	BrightView Holdings	Pair Corr
0.68	NL	NL Industries	Pair Corr
0.89	SQ	Block Inc	Pair Corr
0.89	WM	Waste Management Sell-off Trend	Pair Corr
0.7	ABM	ABM Industries Fiscal Year End 11th of December 2024	Pair Corr
0.64	AXR	AMREP	Pair Corr
0.74	CBZ	CBIZ Inc	Pair Corr
0.72	DLX	Deluxe	Pair Corr
0.79	GFL	Gfl Environmental	Pair Corr
0.72	ESGLW	ESGL Holdings Limited	Pair Corr
0.61	LICY	LiCycle Holdings Corp	Pair Corr
0.76	PESI	Perma Fix Environmental	Pair Corr
0.82	CASS	Cass Information Systems Fiscal Year End 23rd of January 2025	Pair Corr
0.8	CSGS	CSG Systems International	Pair Corr
0.73	B	Barnes Group	Pair Corr
0.74	J	Jacobs Solutions	Pair Corr
0.8	R	Ryder System	Pair Corr

Moving against VSE Stock

0.78	HDSN	Hudson Technologies	Pair Corr
0.64	FA	First Advantage Corp	Pair Corr
0.52	WEX	Wex Inc	Pair Corr
0.49	MMS	Maximus	Pair Corr
0.48	MEG	Montrose Environmental	Pair Corr
0.45	BLMZ	BloomZ Ordinary Shares	Pair Corr
0.41	LNZAW	LanzaTech Global	Pair Corr
0.84	CP	Canadian Pacific Railway	Pair Corr
0.78	CDTG	CDT Environmental Trending	Pair Corr
0.65	CVEO	Civeo Corp	Pair Corr
0.64	MG	Mistras Group	Pair Corr
0.52	BA	Boeing Fiscal Year End 29th of January 2025	Pair Corr
0.42	CMPR	Cimpress NV	Pair Corr
0.42	HY	Hyster Yale Materials	Pair Corr
0.41	FC	Franklin Covey	Pair Corr

Related Correlations Analysis

	PKE	ISSC	KAMN	CW	NPK	DCO	ATRO	CDRE	MRCY	HXL
PKE		0.86	0.71	0.78	0.43	0.31	-0.57	-0.32	0.33	0.13	PKE
ISSC	0.86		0.71	0.67	0.26	0.13	-0.54	-0.4	0.25	0.0	ISSC
KAMN	0.71	0.71		0.72	0.05	-0.04	-0.71	-0.27	0.08	-0.22	KAMN
CW	0.78	0.67	0.72		0.09	0.31	-0.53	0.04	0.26	-0.09	CW
NPK	0.43	0.26	0.05	0.09		0.51	-0.03	-0.46	0.48	0.4	NPK
DCO	0.31	0.13	-0.04	0.31	0.51		-0.04	-0.11	0.8	0.18	DCO
ATRO	-0.57	-0.54	-0.71	-0.53	-0.03	-0.04		0.54	-0.19	0.39	ATRO
CDRE	-0.32	-0.4	-0.27	0.04	-0.46	-0.11	0.54		-0.4	0.2	CDRE
MRCY	0.33	0.25	0.08	0.26	0.48	0.8	-0.19	-0.4		0.02	MRCY
HXL	0.13	0.0	-0.22	-0.09	0.4	0.18	0.39	0.2	0.02		HXL
	PKE	ISSC	KAMN	CW	NPK	DCO	ATRO	CDRE	MRCY	HXL

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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

ISSC	+ 0.86	PKE
MRCY	+ 0.8	DCO
CW	+ 0.78	PKE
CW	+ 0.72	KAMN
KAMN	+ 0.71	PKE
KAMN	+ 0.71	ISSC

High negative correlations

ATRO	- 0.71	KAMN
ATRO	- 0.57	PKE
ATRO	- 0.54	ISSC
ATRO	- 0.53	CW
CDRE	- 0.46	NPK
MRCY	- 0.4	CDRE

Risk-Adjusted Indicators

There is a big difference between VSE Stock performing well and VSE 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 VSE'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
PKE	1.28	0.04	0.09	0.11	1.00	(1.76)	3.51	(1.98)	12.34
ISSC	1.29	0.12	0.06	0.26	1.44	(1.44)	3.28	(3.31)	9.31
KAMN	1.85	0.14	0.02	(0.81)	2.21	(1.87)	5.37	(3.75)	14.48
CW	1.24	0.17	0.11	0.20	1.71	(1.41)	2.96	(2.48)	11.02
NPK	1.13	(0.05)	(0.02)	0.04	1.41	(1.19)	2.26	(2.44)	8.03
DCO	1.28	(0.12)	(0.04)	0.02	1.56	(1.40)	2.90	(2.30)	8.32
ATRO	2.23	(0.31)	0.00	(0.05)	0.00	0.00	4.07	(6.69)	22.57
CDRE	1.65	(0.25)	0.00	(0.06)	0.00	0.00	3.06	(4.24)	13.54
MRCY	1.72	(0.22)	(0.02)	0.02	1.83	(2.24)	2.83	(3.43)	29.10
HXL	1.12	(0.21)	0.00	(0.07)	0.00	0.00	2.00	(2.66)	6.48

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