Clear Secure Correlations

YOU Stock  USD 30.37  0.80  2.57%   
The current 90-days correlation between Clear Secure and Gitlab Inc is 0.27 (i.e., Modest diversification). The correlation of Clear Secure 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.

Clear Secure Correlation With Market

Very weak diversification

The correlation between Clear Secure and DJI is 0.42 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Clear Secure and DJI in the same portfolio, assuming nothing else is changed.
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Clear Secure. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For more information on how to buy Clear Stock please use our How to Invest in Clear Secure guide.

Moving together with Clear Stock

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  0.61EGAN eGainPairCorr
  0.65EGHT 8x8 Common StockPairCorr
  0.71ELWS Earlyworks Co,PairCorr

Moving against Clear Stock

  0.56VERX VertexPairCorr
  0.45ZM Zoom Video CommunicationsPairCorr
  0.44DOCU DocuSignPairCorr
  0.61VMEO Vimeo IncPairCorr
  0.6DUOL DuolingoPairCorr
  0.56EPWK EPWK HoldingsPairCorr
  0.56WETO Webus International Tech BoostPairCorr
  0.5FICO Fair IsaacPairCorr
  0.48WDAY WorkdayPairCorr
  0.39DSGX Descartes SystemsPairCorr
  0.62HKD AMTD Digital Earnings Call This WeekPairCorr
  0.47FRGT Freight TechnologiesPairCorr

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   
XMTRGTM
TOSTGTM
TOSTXMTR
FIGSNCNO
TOSTNCNO
BRZEGTLB
  
High negative correlations   
TOSTEXFY
XMTREXFY
GTMEXFY
NCNOEXFY
FIGSBRZE
FIGSEXFY

Risk-Adjusted Indicators

There is a big difference between Clear Stock performing well and Clear Secure 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 Clear Secure'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.

Clear Secure Corporate Management

Kasra MoshkaniExecutive OperationsProfile
Lynn HaalandGeneral OfficerProfile
Dennis LiuChief OfficerProfile
Catesby IIIExecutive GrowthProfile
Matthew LevineChief CounselProfile
Kyle McLaughlinExecutive AviationProfile