Concrete Pumping Correlations
| BBCP Stock | USD 6.93 0.02 0.29% |
The current 90-days correlation between Concrete Pumping Holdings and Bowman Consulting Group is 0.34 (i.e., Weak diversification). The correlation of Concrete Pumping 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.
Concrete Pumping Correlation With Market
Weak diversification
The correlation between Concrete Pumping Holdings and DJI is 0.36 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Concrete Pumping Holdings and DJI in the same portfolio, assuming nothing else is changed.
Moving against Concrete Stock
Related Correlations Analysis
| 0.91 | 0.8 | 0.84 | 0.63 | 0.91 | 0.84 | BWMN | ||
| 0.91 | 0.92 | 0.73 | 0.37 | 0.89 | 0.72 | APG | ||
| 0.8 | 0.92 | 0.66 | 0.24 | 0.82 | 0.62 | ACSAF | ||
| 0.84 | 0.73 | 0.66 | 0.69 | 0.88 | 0.91 | BCML | ||
| 0.63 | 0.37 | 0.24 | 0.69 | 0.61 | 0.8 | AMTB | ||
| 0.91 | 0.89 | 0.82 | 0.88 | 0.61 | 0.93 | AMAL | ||
| 0.84 | 0.72 | 0.62 | 0.91 | 0.8 | 0.93 | BFST | ||
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Risk-Adjusted Indicators
There is a big difference between Concrete Stock performing well and Concrete Pumping 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 Concrete Pumping'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BWMN | 1.59 | 0.38 | 0.24 | 0.49 | 1.37 | 4.45 | 9.26 | |||
| APG | 1.13 | 0.64 | 0.36 | (4.98) | 0.22 | 3.63 | 9.38 | |||
| ACSAF | 0.48 | 0.24 | 0.00 | 8.50 | 0.00 | 0.38 | 11.91 | |||
| BCML | 1.25 | (0.02) | (0.04) | 0.19 | 1.15 | 2.53 | 5.90 | |||
| AMTB | 1.61 | 0.16 | (0.02) | (1.96) | 2.74 | 3.68 | 17.50 | |||
| AMAL | 1.36 | 0.09 | 0.09 | 0.27 | 1.16 | 3.42 | 7.82 | |||
| BFST | 1.25 | (0.03) | 0.01 | 0.18 | 1.31 | 2.88 | 7.32 |
Concrete Pumping Corporate Executives
Elected by the shareholders, the Concrete Pumping's board of directors comprises two types of representatives: Concrete Pumping inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Concrete. The board's role is to monitor Concrete Pumping's management team and ensure that shareholders' interests are well served. Concrete Pumping'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, Concrete Pumping's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Iain Humphries | Secretary CFO | Profile |