CRA International Correlations

CRAI Stock  USD 176.96  2.37  1.36%   
The current 90-days correlation between CRA International and ICF International is 0.42 (i.e., Very weak diversification). The correlation of CRA International 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.

CRA International Correlation With Market

Weak diversification

The correlation between CRA International 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 CRA International and DJI in the same portfolio, assuming nothing else is changed.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CRA International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more detail on how to invest in CRA Stock please use our How to Invest in CRA International guide.

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Moving against CRA Stock

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Related Correlations Analysis

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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   
EXPOHURN
FORRICFI
FORRFC
HURNFC
FORRHURN
FCNHURN
  
High negative correlations   
FCNFC
RGPHURN
RGPFC
RGPFORR

Risk-Adjusted Indicators

There is a big difference between CRA Stock performing well and CRA International 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 CRA International'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.

CRA International Corporate Management