Blink Charging Correlations

BLNK Stock

USD 1.05 0.09 9.38%

The current 90-days correlation between Blink Charging and Ameresco is 0.47 (i.e., Very weak diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Blink Charging moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Blink Charging Co moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Blink Charging Correlation With Market

Modest diversification

The correlation between Blink Charging Co and DJI is 0.29 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Blink Charging Co and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Blink Stock

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blink Charging Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Moving together with Blink Stock

0.87	W	Wayfair	Pair Corr
0.87	DIBS	1StdibsCom	Pair Corr
0.83	AN	AutoNation	Pair Corr
0.78	JL	J Long Group	Pair Corr
0.73	LE	Lands End	Pair Corr
0.74	YJ	Yunji Inc	Pair Corr
0.77	DLTH	Duluth Holdings	Pair Corr
0.72	VIPS	Vipshop Holdings	Pair Corr
0.72	EPSM	Epsium Enterprise	Pair Corr
0.7	ANF	Abercrombie Fitch	Pair Corr
0.79	BKE	Buckle Inc	Pair Corr
0.84	GES	Guess Inc	Pair Corr
0.66	HVT	Haverty Furniture	Pair Corr
0.77	GRPN	Groupon	Pair Corr

Moving against Blink Stock

0.46	JD	JD Inc Adr Aggressive Push	Pair Corr
0.63	TJX	TJX Companies	Pair Corr
0.59	AEO	American Eagle Outfitters	Pair Corr
0.59	LVLU	Lulus Fashion Lounge	Pair Corr
0.55	CAL	Continental	Pair Corr
0.31	JILL	JJill Inc	Pair Corr
0.78	CURV	Torrid Holdings	Pair Corr
0.71	MUSA	Murphy USA	Pair Corr
0.66	ROST	Ross Stores	Pair Corr
0.54	PLCE	Childrens Place	Pair Corr

Related Correlations Analysis

	AMRC	CHPT	DY	FIX	FLR	LI	PWR	QS	WKHS	XPEV
AMRC		0.44	0.92	0.96	0.88	0.79	0.95	0.67	0.43	-0.37	AMRC
CHPT	0.44		0.56	0.52	0.4	0.56	0.48	-0.1	-0.21	0.18	CHPT
DY	0.92	0.56		0.96	0.92	0.74	0.94	0.59	0.35	-0.44	DY
FIX	0.96	0.52	0.96		0.9	0.78	0.99	0.62	0.34	-0.38	FIX
FLR	0.88	0.4	0.92	0.9		0.57	0.9	0.7	0.46	-0.59	FLR
LI	0.79	0.56	0.74	0.78	0.57		0.77	0.41	0.05	0.07	LI
PWR	0.95	0.48	0.94	0.99	0.9	0.77		0.64	0.35	-0.39	PWR
QS	0.67	-0.1	0.59	0.62	0.7	0.41	0.64		0.73	-0.59	QS
WKHS	0.43	-0.21	0.35	0.34	0.46	0.05	0.35	0.73		-0.59	WKHS
XPEV	-0.37	0.18	-0.44	-0.38	-0.59	0.07	-0.39	-0.59	-0.59		XPEV
	AMRC	CHPT	DY	FIX	FLR	LI	PWR	QS	WKHS	XPEV

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Please upgrade your account to get full access to Macroaxis premium features

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

PWR	+ 0.99	FIX
FIX	+ 0.96	AMRC
FIX	+ 0.96	DY
PWR	+ 0.95	AMRC
PWR	+ 0.94	DY
DY	+ 0.92	AMRC

High negative correlations

XPEV	- 0.59	WKHS
XPEV	- 0.59	QS
XPEV	- 0.59	FLR
XPEV	- 0.44	DY
XPEV	- 0.39	PWR
XPEV	- 0.38	FIX

Risk-Adjusted Indicators

There is a big difference between Blink Stock performing well and Blink Charging 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 Blink Charging'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
AMRC	3.48	0.68	0.23	0.41	3.18	(4.17)	8.91	(4.40)	20.14
CHPT	3.59	(0.04)	0.01	0.10	5.01	(4.13)	8.20	(6.45)	34.83
DY	1.22	0.81	0.67	(9.47)	0.00	(1.62)	3.29	(1.39)	17.82
FIX	1.58	0.52	0.30	0.51	1.25	(1.83)	4.51	(2.60)	8.48
FLR	2.03	0.65	0.40	0.80	1.09	(2.66)	5.44	(2.80)	13.87
LI	1.92	0.37	0.17	0.66	1.73	(2.26)	6.07	(3.03)	11.04
PWR	1.31	0.47	0.30	0.62	1.04	(1.59)	3.24	(1.94)	13.04
QS	4.80	2.23	0.42	3.63	3.70	(5.80)	16.69	(6.02)	48.38
WKHS	6.91	1.33	0.13	5.25	7.95	(8.64)	18.00	(10.00)	91.28
XPEV	2.63	(0.28)	0.00	(0.17)	0.00	0.00	5.84	(6.02)	20.87

Blink Charging Corporate Management

Jenifer Yokley	Senior Marketing	Profile
Lisan Peet	Vice HR	Profile
Harsha Kollaramajalu	Executive Manufacturing	Profile
Esq Adv	Executive Counsel	Profile
Mahidhar Reddy	LLC SemaConnect	Profile
Michael CPA	Chief Officer	Profile

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2025 Macroaxis LLC