Fuel Tech Correlations
FTEK Stock | USD 2.66 0.16 6.40% |
The current 90-days correlation between Fuel Tech and LiqTech International is -0.02 (i.e., Good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Fuel Tech moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fuel Tech moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Fuel Tech Correlation With Market
Good diversification
The correlation between Fuel Tech and DJI is -0.04 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Fuel Tech and DJI in the same portfolio, assuming nothing else is changed.
Moving together with Fuel Stock
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Moving against Fuel Stock
0.88 | NL | NL Industries | PairCorr |
0.83 | VCIG | VCI Global Limited | PairCorr |
0.7 | VIRC | Virco Manufacturing | PairCorr |
0.64 | EXPO | Exponent Earnings Call This Week | PairCorr |
0.53 | MG | Mistras Group | PairCorr |
0.42 | G | Genpact Limited | PairCorr |
0.37 | EXLS | ExlService Holdings | PairCorr |
0.79 | AQMS | Aqua Metals | PairCorr |
0.74 | KBR | KBR Inc Earnings Call This Week | PairCorr |
0.66 | ASGN | ASGN Inc Earnings Call This Week | PairCorr |
0.34 | DSS | DSS Inc | PairCorr |
0.33 | AERTW | Aeries Technology | PairCorr |
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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Fuel Stock performing well and Fuel Tech 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 Fuel Tech'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
ERII | 1.77 | (0.26) | 0.00 | (0.08) | 0.00 | 2.85 | 21.40 | |||
LIQT | 2.82 | 0.35 | 0.06 | 1.21 | 3.43 | 6.79 | 14.88 | |||
CLIR | 3.38 | 0.12 | (0.01) | (0.17) | 3.94 | 8.00 | 26.52 | |||
CECO | 2.36 | 0.50 | 0.24 | 0.43 | 1.94 | 5.59 | 20.71 | |||
OPTT | 4.76 | 1.02 | 0.19 | 0.73 | 4.67 | 10.00 | 28.28 | |||
CBAT | 3.09 | 0.76 | 0.20 | 2.00 | 2.92 | 8.05 | 20.94 | |||
POLA | 1.75 | (0.05) | (0.05) | 0.02 | 2.22 | 3.70 | 17.20 | |||
VVPR | 8.09 | 2.12 | 0.21 | (11.71) | 8.45 | 22.54 | 62.08 |
Fuel Tech Corporate Management
Bradley Johnson | General VP | Profile | |
Ellen Albrecht | CFO VP | Profile | |
William Sun | Vice Technologies | Profile | |
William Cummings | Senior Sales | Profile | |
Vincent Albanese | VP Affairs | Profile | |
Kevin Dougherty | Vice Marketing | Profile | |
Ronald PE | Ex Consultant | Profile |