Exponent Correlations

EXPO Stock

USD 98.61 0.38 0.38%

The current 90-days correlation between Exponent and CRA International is 0.48 (i.e., Very weak diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Exponent moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Exponent moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Exponent Correlation With Market

Poor diversification

The correlation between Exponent and DJI is 0.71 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Exponent and DJI in the same portfolio, assuming nothing else is changed.

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Exponent. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

To learn how to invest in Exponent Stock, please use our How to Invest in Exponent guide.

Moving together with Exponent Stock

0.83	FA	First Advantage Corp	Pair Corr
0.67	FC	Franklin Covey	Pair Corr
0.74	MG	Mistras Group	Pair Corr
0.61	VCIG	VCI Global Limited Trending	Pair Corr
0.83	BCO	Brinks Company	Pair Corr
0.64	BRC	Brady	Pair Corr
0.68	EFX	Equifax	Pair Corr
0.88	FCN	FTI Consulting	Pair Corr

Moving against Exponent Stock

0.65	VSEC	VSE Corporation	Pair Corr
0.62	CBZ	CBIZ Inc	Pair Corr
0.58	VRSK	Verisk Analytics	Pair Corr
0.57	SQ	Block Inc Sell-off Trend	Pair Corr
0.55	LZ	LegalZoom	Pair Corr
0.55	CXW	CoreCivic	Pair Corr
0.53	WM	Waste Management	Pair Corr
0.5	EXLS	ExlService Holdings	Pair Corr
0.43	G	Genpact Limited	Pair Corr
0.42	ADP	Automatic Data Processing	Pair Corr
0.4	ABM	ABM Industries Fiscal Year End 11th of December 2024	Pair Corr
0.39	KC	Kingsoft Cloud Holdings Upward Rally	Pair Corr
0.37	EEFT	Euronet Worldwide	Pair Corr
0.34	VIRC	Virco Manufacturing	Pair Corr
0.32	AXR	AMREP	Pair Corr
0.65	FVRR	Fiverr International	Pair Corr
0.65	PYCR	Paycor HCM	Pair Corr
0.62	ESGLW	ESGL Holdings Limited	Pair Corr
0.6	INOD	Innodata Downward Rally	Pair Corr
0.45	DLX	Deluxe	Pair Corr
0.43	MATW	Matthews International	Pair Corr
0.42	DNB	Dun Bradstreet Holdings	Pair Corr
0.35	CTAS	Cintas	Pair Corr
0.31	FTEK	Fuel Tech	Pair Corr

Related Correlations Analysis

	CRAI	HURN	FORR	RGP	FC	ICFI	FCN
CRAI		0.62	-0.69	-0.75	-0.2	-0.08	-0.55	CRAI
HURN	0.62		-0.17	-0.25	-0.46	-0.42	-0.69	HURN
FORR	-0.69	-0.17		0.94	0.0	-0.1	0.47	FORR
RGP	-0.75	-0.25	0.94		0.17	0.07	0.47	RGP
FC	-0.2	-0.46	0.0	0.17		0.81	0.6	FC
ICFI	-0.08	-0.42	-0.1	0.07	0.81		0.45	ICFI
FCN	-0.55	-0.69	0.47	0.47	0.6	0.45		FCN
	CRAI	HURN	FORR	RGP	FC	ICFI	FCN

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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

RGP	+ 0.94	FORR
ICFI	+ 0.81	FC
HURN	+ 0.62	CRAI
FCN	+ 0.6	FC
FCN	+ 0.47	FORR
FCN	+ 0.47	RGP

High negative correlations

RGP	- 0.75	CRAI
FCN	- 0.69	HURN
FORR	- 0.69	CRAI
FCN	- 0.55	CRAI
FC	- 0.46	HURN
ICFI	- 0.42	HURN

Risk-Adjusted Indicators

There is a big difference between Exponent Stock performing well and Exponent 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 Exponent'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
CRAI	1.50	0.12	0.08	0.19	1.95	(1.45)	2.86	(3.40)	12.45
HURN	1.23	0.08	0.09	0.19	1.00	(1.54)	2.72	(1.60)	14.16
FORR	1.77	(0.33)	0.00	(0.11)	0.00	0.00	3.15	(3.77)	10.89
RGP	1.46	(0.46)	0.00	(0.14)	0.00	0.00	1.93	(2.94)	14.78
FC	1.49	(0.28)	0.00	(0.07)	0.00	0.00	2.45	(3.04)	22.53
ICFI	1.28	(0.33)	0.00	(0.23)	0.00	0.00	2.60	(2.09)	16.28
FCN	0.97	(0.22)	0.00	(0.16)	0.00	0.00	1.82	(2.06)	14.08

Exponent Corporate Executives

Elected by the shareholders, the Exponent's board of directors comprises two types of representatives: Exponent inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Exponent. The board's role is to monitor Exponent's management team and ensure that shareholders' interests are well served. Exponent'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, Exponent's outside directors are responsible for providing unbiased perspectives on the board's policies.

Richard Schlenker

CFO, Principal Accounting Officer, Executive VP and Corporate Secretary

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