Clear Secure Correlations

YOU Stock  USD 32.92  0.30  0.92%   
The current 90-days correlation between Clear Secure and NCR Atleos is 0.01 (i.e., Significant diversification). The correlation of Clear Secure 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.

Clear Secure Correlation With Market

Modest diversification

The correlation between Clear Secure and DJI is 0.21 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Clear Secure and DJI in the same portfolio, assuming nothing else is changed.
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Clear Secure. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.
For more information on how to buy Clear Stock please use our How to Invest in Clear Secure guide.

Moving against Clear Stock

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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

INTABRZE
NCNOBLKB
INTAALRM
EEFTRUM
BLKBBRZE
ALRMBRZE
  

High negative correlations

INTAKC
KCBRZE
NCNOPAGS
PAGSBLKB
KCALRM
PAGSBRZE

Risk-Adjusted Indicators

There is a big difference between Clear Stock performing well and Clear Secure 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 Clear Secure'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
NATL  1.55 (0.08) 0.00 (0.01) 0.00 
 3.08 
 12.49 
BRZE  2.60 (0.36) 0.00 (0.25) 0.00 
 4.10 
 27.69 
BLKB  1.80 (0.30) 0.00 (0.73) 0.00 
 2.59 
 11.92 
ALRM  1.12 (0.10) 0.00 (0.10) 0.00 
 2.50 
 9.93 
RUM  3.11 (0.25) 0.00 (0.10) 0.00 
 7.32 
 23.11 
PAGS  2.22  0.19  0.06  0.18  2.87 
 4.80 
 11.73 
EEFT  1.18 (0.19) 0.00 (0.15) 0.00 
 2.03 
 8.01 
KC  2.76  0.23  0.07 (0.63) 2.66 
 8.10 
 26.30 
NCNO  1.80 (0.28) 0.00 (1.77) 0.00 
 4.14 
 10.20 
INTA  2.07 (0.26) 0.00 (0.15) 0.00 
 4.73 
 12.42 

Clear Secure Corporate Management

Kasra MoshkaniExecutive OperationsProfile
Lynn HaalandGeneral OfficerProfile
Dennis LiuChief OfficerProfile
Catesby IIIExecutive GrowthProfile
Matthew LevineChief CounselProfile
Kyle McLaughlinExecutive AviationProfile