CCC Intelligent Correlations

CCCS Stock

USD 10.02 0.14 1.42%

The current 90-days correlation between CCC Intelligent Solutions and Global Blue Group is -0.04 (i.e., Good diversification). The correlation of CCC Intelligent 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.

CCC Intelligent Correlation With Market

Good diversification

The correlation between CCC Intelligent Solutions and DJI is -0.17 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding CCC Intelligent Solutions and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with CCC Stock

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

Moving together with CCC Stock

0.74	U	Unity Software	Pair Corr
0.75	DV	DoubleVerify Holdings	Pair Corr
0.62	QH	Quhuo	Pair Corr
0.78	VS	Versus Systems	Pair Corr
0.74	YB	Yuanbao American Dep	Pair Corr
0.67	EGAN	eGain	Pair Corr
0.86	EGHT	8x8 Common Stock	Pair Corr
0.61	ELWS	Earlyworks Co,	Pair Corr
0.64	WBTN	WEBTOON Entertainment	Pair Corr
0.62	WFCF	Where Food Comes	Pair Corr

Moving against CCC Stock

0.67	VERX	Vertex	Pair Corr
0.63	ZM	Zoom Video Communications	Pair Corr
0.43	DOCU	DocuSign	Pair Corr
0.83	DUOL	Duolingo	Pair Corr
0.51	VMEO	Vimeo Inc Earnings Call This Week	Pair Corr
0.48	WETO	Webus International	Pair Corr
0.47	WDAY	Workday	Pair Corr
0.44	EPWK	EPWK Holdings	Pair Corr
0.41	DSGX	Descartes Systems	Pair Corr
0.42	FICO	Fair Isaac Earnings Call This Week	Pair Corr
0.4	FRGT	Freight Technologies	Pair Corr
0.39	ANY	Sphere 3D Corp	Pair Corr
0.32	FRSH	Freshworks Earnings Call This Week	Pair Corr

Related Correlations Analysis

	GB	EVCM	CSGS	CCSI	ALIT	ETWO	CWAN	CLVT
GB		-0.49	0.25	0.28	-0.32	-0.17	0.2	-0.22	GB
EVCM	-0.49		0.11	0.02	0.69	0.28	-0.18	0.47	EVCM
CSGS	0.25	0.11		0.78	0.56	0.49	0.2	0.35	CSGS
CCSI	0.28	0.02	0.78		0.54	0.3	0.31	0.4	CCSI
ALIT	-0.32	0.69	0.56	0.54		0.42	-0.05	0.62	ALIT
ETWO	-0.17	0.28	0.49	0.3	0.42		-0.4	0.32	ETWO
CWAN	0.2	-0.18	0.2	0.31	-0.05	-0.4		0.08	CWAN
CLVT	-0.22	0.47	0.35	0.4	0.62	0.32	0.08		CLVT
	GB	EVCM	CSGS	CCSI	ALIT	ETWO	CWAN	CLVT

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

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

CCSI	+ 0.78	CSGS
ALIT	+ 0.69	EVCM
CLVT	+ 0.62	ALIT
ALIT	+ 0.56	CSGS
ALIT	+ 0.54	CCSI
ETWO	+ 0.49	CSGS

High negative correlations

EVCM	- 0.49	GB
CWAN	- 0.4	ETWO
ALIT	- 0.32	GB
CLVT	- 0.22	GB
CWAN	- 0.18	EVCM
ETWO	- 0.17	GB

Risk-Adjusted Indicators

There is a big difference between CCC Stock performing well and CCC Intelligent 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 CCC Intelligent'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
GB	0.24	(0.03)	0.00	(0.64)	0.00	0.00	0.40	(0.40)	3.25
EVCM	1.65	0.27	0.00	(0.56)	1.76	(1.83)	3.36	(2.83)	10.35
CSGS	1.12	0.13	(0.08)	(0.36)	1.32	(1.31)	2.25	(2.16)	10.96
CCSI	1.83	0.22	(0.02)	(0.28)	2.59	(1.94)	3.98	(3.91)	14.27
ALIT	1.58	0.23	(0.01)	(0.71)	1.56	(1.97)	2.92	(2.48)	11.54
ETWO	2.08	0.93	0.26	(1.42)	1.09	(3.33)	4.93	(3.02)	26.87
CWAN	1.34	(0.04)	0.00	0.36	0.00	0.00	2.80	(2.60)	10.58
CLVT	1.94	0.35	0.10	1.60	1.75	(2.50)	3.79	(3.36)	22.51

CCC Intelligent Corporate Management

Barrett Callaghan	Executive Vice President - Markets and Customer Success	Profile
Rodney Christo	Chief Officer	Profile
Shivani Govil	Senior Vice President Chief Product Officer	Profile
Andreas Hecht	Senior GM	Profile
David Yuan	Independent Director	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