374Water Common Correlations

SCWO Stock

USD 0.25 0.01 3.85%

The current 90-days correlation between 374Water Common Stock and Cerberus Cyber Sentinel is -0.45 (i.e., Very good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as 374Water Common moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if 374Water Common Stock moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

374Water Common Correlation With Market

Modest diversification

The correlation between 374Water Common Stock and DJI is 0.21 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding 374Water Common Stock and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with 374Water Stock

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in 374Water Common Stock. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.

Moving together with 374Water Stock

0.62	CHNR	China Natural Resources	Pair Corr
0.62	FC	Franklin Covey	Pair Corr

Moving against 374Water Stock

0.62	ERII	Energy Recovery	Pair Corr
0.6	FSS	Federal Signal	Pair Corr
0.59	FTEK	Fuel Tech	Pair Corr
0.58	VLTO	Veralto	Pair Corr
0.56	PCT	Purecycle Technologies	Pair Corr
0.55	PCTTW	PureCycle Technologies	Pair Corr
0.5	ATMU	Atmus Filtration Tec	Pair Corr
0.5	PCTTU	Purecycle Technologies	Pair Corr
0.5	CECO	CECO Environmental Corp	Pair Corr
0.48	ZWS	Zurn Elkay Water	Pair Corr
0.48	LIQT	LiqTech International	Pair Corr
0.46	ARQ	Arq Inc	Pair Corr
0.39	ADUR	Aduro Clean Technologies	Pair Corr
0.82	R	Ryder System	Pair Corr
0.66	BA	Boeing	Pair Corr
0.65	J	Jacobs Solutions	Pair Corr
0.64	CR	Crane Company	Pair Corr
0.54	BE	Bloom Energy Corp	Pair Corr
0.51	AZ	A2Z Smart Technologies	Pair Corr
0.46	BZ	Kanzhun Ltd ADR	Pair Corr
0.41	CW	Curtiss Wright	Pair Corr
0.72	GD	General Dynamics	Pair Corr
0.63	NX	Quanex Building Products	Pair Corr
0.59	MG	Mistras Group	Pair Corr
0.52	HI	Hillenbrand	Pair Corr
0.5	EH	Ehang Holdings Earnings Call This Week	Pair Corr
0.47	DY	Dycom Industries Earnings Call This Week	Pair Corr

Related Correlations Analysis

	FSS	ZWS	CECO	ERII	SKYX	CISO	MODD	RPID	STSS
FSS		0.9	0.92	0.78	-0.65	-0.52	-0.66	0.06	0.34	FSS
ZWS	0.9		0.95	0.73	-0.34	-0.47	-0.34	-0.1	0.02	ZWS
CECO	0.92	0.95		0.77	-0.5	-0.51	-0.52	0.06	0.12	CECO
ERII	0.78	0.73	0.77		-0.45	-0.47	-0.53	0.14	0.35	ERII
SKYX	-0.65	-0.34	-0.5	-0.45		0.36	0.84	-0.4	-0.53	SKYX
CISO	-0.52	-0.47	-0.51	-0.47	0.36		0.4	-0.25	-0.32	CISO
MODD	-0.66	-0.34	-0.52	-0.53	0.84	0.4		-0.4	-0.57	MODD
RPID	0.06	-0.1	0.06	0.14	-0.4	-0.25	-0.4		0.43	RPID
STSS	0.34	0.02	0.12	0.35	-0.53	-0.32	-0.57	0.43		STSS
	FSS	ZWS	CECO	ERII	SKYX	CISO	MODD	RPID	STSS

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

CECO	+ 0.95	ZWS
CECO	+ 0.92	FSS
ZWS	+ 0.9	FSS
MODD	+ 0.84	SKYX
ERII	+ 0.78	FSS
ERII	+ 0.77	CECO

High negative correlations

MODD	- 0.66	FSS
SKYX	- 0.65	FSS
STSS	- 0.57	MODD
STSS	- 0.53	SKYX
MODD	- 0.53	ERII
MODD	- 0.52	CECO

Risk-Adjusted Indicators

There is a big difference between 374Water Stock performing well and 374Water Common 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 374Water Common'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
FSS	1.37	0.44	0.31	0.74	0.96	(1.73)	3.04	(2.22)	21.37
ZWS	1.25	0.26	0.18	0.43	1.02	(1.45)	2.30	(2.22)	14.43
CECO	2.20	0.83	0.41	1.41	1.36	(2.71)	5.59	(3.15)	19.46
ERII	1.49	0.15	0.12	0.19	1.41	(1.80)	3.46	(2.11)	12.07
SKYX	2.79	(0.24)	0.00	(0.14)	0.00	0.00	5.00	(7.09)	16.02
CISO	6.13	0.53	0.04	(0.45)	8.38	(8.24)	19.59	(11.54)	78.36
MODD	3.11	(0.51)	0.00	(0.27)	0.00	0.00	4.62	(6.98)	31.15
RPID	3.91	0.00	(0.01)	0.08	5.44	(4.08)	8.24	(9.64)	27.30
STSS	4.84	0.42	0.09	0.38	4.56	(6.44)	8.58	(7.47)	81.18

374Water Common Corporate Management

Deborah Cooper	Chief Staff	Profile
Jeffrey Esq	Interim Counsel	Profile
Peter Mandel	General Counsel	Profile
Peter JD	General Counsel	Profile
Megan Baumgartner	Head Culture	Profile
Doug Hatler	Chief Officer	Profile

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