Caravelle International Correlations
| CACODelisted Stock | 0.44 0.05 10.20% |
The current 90-days correlation between Caravelle International and Euroseas is 0.07 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Caravelle International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Caravelle International Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Caravelle International Correlation With Market
Good diversification
The correlation between Caravelle International Group and DJI is -0.08 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Caravelle International Group and DJI in the same portfolio, assuming nothing else is changed.
Caravelle |
Moving against Caravelle Stock
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| 0.59 | JPM | JPMorgan Chase Fiscal Year End 10th of January 2025 | PairCorr |
| 0.56 | BAC | Bank of America Fiscal Year End 10th of January 2025 | PairCorr |
| 0.55 | DIS | Walt Disney | PairCorr |
| 0.53 | TRV | The Travelers Companies Fiscal Year End 17th of January 2025 | PairCorr |
| 0.5 | T | ATT Inc Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.44 | WMT | Walmart | PairCorr |
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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Caravelle Stock performing well and Caravelle International 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 Caravelle International'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CMRE | 1.60 | (0.05) | 0.00 | (0.12) | 0.00 | 3.03 | 9.49 | |||
| ESEA | 2.04 | (0.21) | 0.00 | 1.90 | 0.00 | 3.86 | 16.75 | |||
| HSHP | 2.10 | (0.48) | 0.00 | (0.52) | 0.00 | 4.54 | 16.80 | |||
| KEX | 1.26 | (0.11) | (0.03) | 0.03 | 1.50 | 2.56 | 11.14 | |||
| NMM | 1.67 | (0.20) | 0.00 | (0.47) | 0.00 | 4.85 | 12.91 | |||
| CTRM | 1.59 | (0.50) | 0.00 | (0.49) | 0.00 | 2.78 | 8.86 | |||
| NAT | 1.51 | (0.38) | 0.00 | (15.91) | 0.00 | 2.55 | 11.18 | |||
| CHDGF | 3.15 | 0.62 | 0.05 | (0.72) | 3.87 | 9.38 | 29.44 | |||
| ICTEF | 2.25 | (0.06) | 0.00 | 0.25 | 0.00 | 6.25 | 16.60 |
Delisting Warning - CACO
Caravelle International was delisted
| The entity Caravelle International Group with a symbol CACO was delisted from NASDAQ Exchange. Please try Caravelle International Group with a symbol HTCO from now on. Check all delisted instruments accross multiple markets. |
Still Interested in Caravelle International Group?
Investing in delisted delisted stocks can be risky, as the stock is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.