Crane Harbor Correlations
| CHACR Stock | 0.89 0.02 2.30% |
The correlation of Crane Harbor 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.
Crane Harbor Correlation With Market
Significant diversification
The correlation between Crane Harbor Acquisition and DJI is 0.07 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Crane Harbor Acquisition and DJI in the same portfolio, assuming nothing else is changed.
Moving together with Crane Stock
| 0.81 | F | Ford Motor | PairCorr |
| 0.74 | RLMD | Relmada Therapeutics | PairCorr |
| 0.74 | KYOCF | Kyocera | PairCorr |
| 0.68 | AKAM | Akamai Technologies | PairCorr |
| 0.8 | STAG | STAG Industrial | PairCorr |
| 0.77 | REGN | Regeneron Pharmaceuticals | PairCorr |
| 0.65 | BAC | Bank of America | PairCorr |
Moving against Crane Stock
| 0.87 | AUR | Aurora Innovation | PairCorr |
| 0.79 | XXI | Twenty One Capital, | PairCorr |
| 0.78 | MNTN | MNTN, Inc | PairCorr |
| 0.67 | GRAB | Grab Holdings Aggressive Push | PairCorr |
| 0.63 | PLUG | Plug Power | PairCorr |
| 0.61 | NIO | Nio Class A | PairCorr |
| 0.6 | RXRX | Recursion Pharmaceuticals | PairCorr |
| 0.53 | SWRM | Appswarm | PairCorr |
| 0.49 | 26442TAG2 | US26442TAG22 | PairCorr |
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
| High negative correlations
|
Risk-Adjusted Indicators
There is a big difference between Crane Stock performing well and Crane Harbor 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 Crane Harbor'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| GGAAF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| SVAD | 5.83 | 2.58 | 0.00 | (2.14) | 0.00 | 0.00 | 133.33 | |||
| ARAT | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| PLPL | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| HGYN | 20.88 | 3.56 | 0.13 | (2.69) | 19.49 | 92.31 | 153.91 | |||
| PVRS | 2.68 | (0.38) | 0.00 | (0.28) | 0.00 | 3.80 | 79.46 | |||
| SIPN | 0.17 | 0.01 | 0.00 | 0.03 | 0.00 | 0.00 | 5.56 | |||
| VADP | 0.33 | (0.05) | 0.00 | 0.01 | 0.00 | 0.00 | 10.82 | |||
| AGSS | 10.73 | (0.04) | 0.01 | 0.05 | 13.68 | 38.89 | 92.13 | |||
| WNFT | 4.92 | 0.62 | 0.10 | 0.43 | 4.34 | 15.38 | 49.89 |
Crane Harbor Corporate Executives
Elected by the shareholders, the Crane Harbor's board of directors comprises two types of representatives: Crane Harbor inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Crane. The board's role is to monitor Crane Harbor's management team and ensure that shareholders' interests are well served. Crane Harbor'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, Crane Harbor's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Jeffrey CPA | COO Officer | Profile |