Airship AI Correlations
| AISP Stock | 4.37 0.15 3.55% |
The current 90-days correlation between Airship AI Holdings and CVW CleanTech is 0.03 (i.e., Significant diversification). The correlation of Airship AI 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.
Airship AI Correlation With Market
Average diversification
The correlation between Airship AI Holdings 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 Airship AI Holdings and DJI in the same portfolio, assuming nothing else is changed.
Airship |
Moving together with Airship Stock
| 0.66 | BB | BlackBerry Trending | PairCorr |
| 0.66 | GB | Global Blue Group | PairCorr |
| 0.7 | NN | Nextnav Acquisition Corp | PairCorr |
| 0.65 | VRAR | Glimpse Group Trending | PairCorr |
| 0.71 | VRNT | Verint Systems | PairCorr |
| 0.63 | EVCM | EverCommerce | PairCorr |
| 0.82 | FIVN | Five9 Inc | PairCorr |
| 0.67 | FLYW | Flywire Corp | PairCorr |
| 0.77 | DBX | Dropbox | PairCorr |
| 0.7 | DLO | Dlocal | PairCorr |
| 0.81 | FTNT | Fortinet | PairCorr |
| 0.71 | NET | Cloudflare | PairCorr |
| 0.76 | LIDRW | AEye Inc | PairCorr |
| 0.71 | SWI | SolarWinds Corp | PairCorr |
Moving against Airship Stock
| 0.73 | VRNS | Varonis Systems | PairCorr |
| 0.72 | MQ | Marqeta | PairCorr |
| 0.72 | VERI | Veritone | PairCorr |
| 0.64 | FAAS | DigiAsia Corp Symbol Change | PairCorr |
| 0.61 | DOCN | DigitalOcean Holdings | PairCorr |
| 0.42 | FAASW | DigiAsia Corp Symbol Change | PairCorr |
| 0.75 | VHC | VirnetX Holding Corp | PairCorr |
| 0.7 | INTZ | Intrusion | PairCorr |
| 0.63 | ZETA | Zeta Global Holdings | PairCorr |
| 0.62 | TCX | Tucows Inc | PairCorr |
| 0.53 | OLB | OLB Group | PairCorr |
| 0.49 | ARBEW | Arbe Robotics | PairCorr |
| 0.36 | APCXW | AppTech Payments Corp | PairCorr |
| 0.34 | PGY | Pagaya Technologies | 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
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Risk-Adjusted Indicators
There is a big difference between Airship Stock performing well and Airship AI 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 Airship AI'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CVWFF | 0.87 | (0.08) | 0.00 | (0.27) | 0.00 | 3.39 | 11.59 | |||
| CTLT | 0.46 | 0.07 | 0.11 | (9.06) | 0.32 | 1.12 | 3.39 | |||
| VRRM | 1.27 | (0.24) | 0.00 | (0.38) | 0.00 | 2.49 | 14.00 | |||
| CNLFF | 0.05 | 0.02 | 0.00 | 2.08 | 0.00 | 0.00 | 1.03 | |||
| AQST | 3.21 | (0.50) | 0.00 | (0.29) | 0.00 | 5.77 | 17.61 | |||
| MBOT | 1.87 | 0.16 | 0.06 | 0.26 | 1.96 | 4.17 | 15.87 | |||
| ROOOF | 2.33 | 0.68 | 0.10 | (2.15) | 1.91 | 10.00 | 22.42 | |||
| SNDA | 2.49 | (0.15) | 0.00 | (0.08) | 0.00 | 5.59 | 12.89 |
Airship AI Corporate Executives
Elected by the shareholders, the Airship AI's board of directors comprises two types of representatives: Airship AI inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Airship. The board's role is to monitor Airship AI's management team and ensure that shareholders' interests are well served. Airship AI's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Airship AI's outside directors are responsible for providing unbiased perspectives on the board's policies.