V2X Correlations

VVX Stock

USD 60.09 0.08 0.13%

The current 90-days correlation between V2X Inc and Cadre Holdings is 0.29 (i.e., Modest diversification). The correlation of V2X 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.

V2X Correlation With Market

Weak diversification

The correlation between V2X Inc and DJI is 0.33 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding V2X Inc and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with V2X Stock

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in V2X Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

Moving together with V2X Stock

0.62	VSEC	VSE Corporation	Pair Corr
0.63	TGI	Triumph Group	Pair Corr

Moving against V2X Stock

0.66	RDW	Redwire Corp	Pair Corr
0.5	LMT	Lockheed Martin	Pair Corr
0.45	RGR	Sturm Ruger	Pair Corr
0.6	SHMDW	SCHMID Group NV	Pair Corr
0.51	LOAR	Loar Holdings Potential Growth	Pair Corr
0.34	GPUS	Hyperscale Data, Symbol Change	Pair Corr

Related Correlations Analysis

	CDRE	BYRN	ZWS	MATV	EPAC
CDRE		0.26	-0.55	-0.62	0.42	CDRE
BYRN	0.26		-0.6	-0.34	0.23	BYRN
ZWS	-0.55	-0.6		0.61	-0.27	ZWS
MATV	-0.62	-0.34	0.61		-0.35	MATV
EPAC	0.42	0.23	-0.27	-0.35		EPAC
	CDRE	BYRN	ZWS	MATV	EPAC

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

MATV	+ 0.61	ZWS
EPAC	+ 0.42	CDRE
BYRN	+ 0.26	CDRE
EPAC	+ 0.23	BYRN

High negative correlations

MATV	- 0.62	CDRE
ZWS	- 0.6	BYRN
ZWS	- 0.55	CDRE
EPAC	- 0.35	MATV
MATV	- 0.34	BYRN
EPAC	- 0.27	ZWS

Risk-Adjusted Indicators

There is a big difference between V2X Stock performing well and V2X 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 V2X'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
CDRE	1.86	(0.39)	0.00	(0.18)	0.00	0.00	3.15	(4.44)	19.55
BYRN	3.22	(0.32)	0.00	(0.06)	0.00	0.00	6.73	(5.55)	39.29
ZWS	1.25	0.26	0.18	0.43	1.02	(1.45)	2.30	(2.22)	14.43
MATV	3.51	0.89	0.30	0.45	2.63	(4.39)	7.87	(4.93)	34.50
EPAC	1.32	(0.20)	0.00	(0.12)	0.00	0.00	2.94	(2.86)	8.80

V2X Corporate Management

Melon Yeshoalul	SVP Officer	Profile
Josephine Bjornson	Senior Officer	Profile
Kevin Esq	Chief VP	Profile
Kenneth Shreves	Senior Solutions	Profile
Richard Caputo	Senior Systems	Profile

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2025 Macroaxis LLC