Zeo Energy Correlations
| ZEO Stock | 1.31 0.02 1.50% |
The current 90-days correlation between Zeo Energy Corp and Codexis is 0.06 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Zeo Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Zeo Energy Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Zeo Energy Correlation With Market
Average diversification
The correlation between Zeo Energy Corp 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 Zeo Energy Corp and DJI in the same portfolio, assuming nothing else is changed.
Zeo |
Moving together with Zeo Stock
| 0.72 | RUN | Sunrun Inc Aggressive Push | PairCorr |
| 0.61 | PITA | Heramba Electric plc | PairCorr |
| 0.76 | SLDP | Solid Power | PairCorr |
| 0.65 | CP | Canadian Pacific Railway | PairCorr |
Moving against Zeo Stock
| 0.7 | AZ | A2Z Smart Technologies | PairCorr |
| 0.65 | B | Barnes Group | PairCorr |
| 0.65 | J | Jacobs Solutions | PairCorr |
| 0.64 | ALSN | Allison Transmission | PairCorr |
| 0.64 | BR | Broadridge Financial | PairCorr |
| 0.63 | CW | Curtiss Wright | PairCorr |
| 0.57 | BW | Babcock Wilcox Enter | PairCorr |
| 0.52 | BV | BrightView Holdings | PairCorr |
| 0.5 | CR | Crane Company | PairCorr |
| 0.5 | EH | Ehang Holdings | PairCorr |
| 0.47 | R | Ryder System | PairCorr |
| 0.42 | G | Genpact Limited | PairCorr |
| 0.67 | DSAQ | Direct Selling Acqui | PairCorr |
| 0.65 | NL | NL Industries | PairCorr |
| 0.6 | WM | Waste Management | PairCorr |
| 0.59 | SQ | Block Inc | PairCorr |
| 0.58 | LZ | LegalZoom | PairCorr |
| 0.55 | PH | Parker Hannifin | PairCorr |
| 0.49 | TG | Tredegar | PairCorr |
| 0.47 | IR | Ingersoll Rand | PairCorr |
| 0.47 | KC | Kingsoft Cloud Holdings Trending | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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
|
Risk-Adjusted Indicators
There is a big difference between Zeo Stock performing well and Zeo Energy 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 Zeo Energy'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| FSI | 2.52 | 0.51 | 0.12 | 1.60 | 2.96 | 6.31 | 22.22 | |||
| AVNT | 1.38 | (0.03) | 0.04 | 0.11 | 1.42 | 3.08 | 7.92 | |||
| ECL | 0.73 | (0.07) | (0.13) | (0.02) | 0.95 | 1.43 | 4.42 | |||
| ALB-PA | 2.15 | 0.15 | 0.07 | 0.25 | 2.32 | 5.63 | 15.73 | |||
| LIVE | 2.54 | (0.91) | 0.00 | (0.90) | 0.00 | 5.90 | 14.89 | |||
| ECVT | 1.83 | 0.15 | 0.11 | 0.22 | 1.56 | 4.55 | 17.08 | |||
| SCL | 1.23 | (0.16) | (0.05) | 0.03 | 1.42 | 2.07 | 12.16 | |||
| CDXS | 3.15 | 0.53 | 0.19 | 0.38 | 2.76 | 9.28 | 18.89 |
Zeo Energy Corporate Management
| Brandon Bridgewater | Chief Officer | Profile | |
| Kalen Larsen | Chief Officer | Profile | |
| Cannon Holbrook | Chief Officer | Profile | |
| Stirling Adams | General Secretary | Profile |