Fortress Transportation Correlations
| FTAIN Stock | USD 25.38 0.06 0.24% |
The current 90-days correlation between Fortress Transportation and Triton International Limited is 0.09 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Fortress Transportation moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fortress Transportation and moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Fortress Transportation Correlation With Market
Average diversification
The correlation between Fortress Transportation and and DJI is 0.19 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Fortress Transportation and and DJI in the same portfolio, assuming nothing else is changed.
Moving against Fortress Stock
| 0.64 | 600666 | Aurora Optoelectronics | PairCorr |
| 0.53 | 002757 | Nanxing Furniture | PairCorr |
| 0.48 | 603109 | Senci Electric Machinery | PairCorr |
| 0.4 | 300956 | Anhui Shiny Electronic | PairCorr |
| 0.33 | 301053 | Yoantion Industrial | PairCorr |
| 0.33 | HYFM | Hydrofarm Holdings | PairCorr |
| 0.63 | 300266 | Xingyuan Environment | PairCorr |
| 0.49 | 000821 | JS Corrugating Machinery | PairCorr |
| 0.47 | 301048 | Gemac Engineering | PairCorr |
| 0.46 | 002786 | Shenzhen Silver Basis | PairCorr |
| 0.42 | 605259 | Lutian Machinery | PairCorr |
| 0.4 | FLO | Flowtech Fluidpower plc | PairCorr |
| 0.38 | DOCKF | Beyond Medical Techn | PairCorr |
| 0.5 | 301022 | Qingdao Hi Tech | PairCorr |
| 0.46 | NNBR | NN Inc | PairCorr |
| 0.32 | 300195 | Masterwork Machinery | 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
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Risk-Adjusted Indicators
There is a big difference between Fortress Stock performing well and Fortress Transportation 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 Fortress Transportation'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| TRTN-PC | 0.36 | (0.01) | (0.16) | (0.25) | 0.44 | 0.73 | 2.44 | |||
| MGRC | 1.21 | (0.37) | 0.00 | (0.31) | 0.00 | 2.75 | 7.64 | |||
| AMPX | 5.57 | 0.68 | 0.16 | 0.22 | 5.65 | 13.68 | 28.30 | |||
| TIC | 2.68 | (0.38) | 0.00 | (0.08) | 0.00 | 3.72 | 30.97 | |||
| RHI | 1.67 | (0.55) | 0.00 | (0.28) | 0.00 | 2.48 | 10.01 | |||
| ABM | 1.03 | (0.18) | 0.00 | (0.14) | 0.00 | 1.72 | 6.71 | |||
| RXO | 3.46 | (0.36) | 0.00 | (0.03) | 0.00 | 6.09 | 30.62 |
Fortress Transportation Corporate Management
| Kevin Krieger | Secretary | Profile | |
| BoHee Yoon | General Secretary | Profile | |
| David Moreno | Chief Officer | Profile | |
| Joseph Adams | Chairman CEO | Profile | |
| Eun Nam | CFO Officer | Profile | |
| Alan JD | Investor Relations | Profile |