Mister Car Correlations
| MCW Stock | USD 8.09 0.02 0.25% |
The current 90-days correlation between Mister Car Wash and Diversey Holdings is -0.18 (i.e., Good diversification). The correlation of Mister Car 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.
Mister Car Correlation With Market
Modest diversification
The correlation between Mister Car Wash and DJI is 0.28 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Mister Car Wash and DJI in the same portfolio, assuming nothing else is changed.
Mister |
Moving together with Mister Stock
| 0.95 | RUSHB | Rush Enterprises B | PairCorr |
| 0.96 | RUSHA | Rush Enterprises A | PairCorr |
| 0.82 | CARG | CarGurus | PairCorr |
| 0.67 | AS | Amer Sports, | PairCorr |
| 0.69 | BH | Biglari Holdings | PairCorr |
| 0.82 | GM | General Motors Aggressive Push | PairCorr |
| 0.81 | GT | Goodyear Tire Rubber | PairCorr |
| 0.84 | LB | LandBridge Company | PairCorr |
| 0.69 | RL | Ralph Lauren Corp | PairCorr |
| 0.61 | SG | Sweetgreen | PairCorr |
Moving against Mister Stock
| 0.76 | DIBS | 1StdibsCom | PairCorr |
| 0.6 | LMPX | Lmp Automotive Holdings | PairCorr |
| 0.53 | W | Wayfair | PairCorr |
| 0.68 | QS | Quantumscape Corp | PairCorr |
| 0.43 | GV | Visionary Education | PairCorr |
| 0.36 | SN | SharkNinja, | 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 Mister Stock performing well and Mister Car 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 Mister Car'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| DSEY | 0.19 | 0.06 | (0.28) | (0.57) | 0.00 | 0.49 | 1.22 | |||
| BFAM | 1.17 | (0.28) | 0.00 | (1.15) | 0.00 | 1.83 | 14.64 | |||
| EM | 3.17 | 0.20 | (0.02) | (0.04) | 3.25 | 7.04 | 36.17 | |||
| CSV | 1.25 | 0.26 | 0.17 | 0.60 | 0.88 | 2.84 | 16.85 | |||
| FTDR | 1.31 | 0.17 | 0.12 | 0.29 | 1.16 | 3.68 | 8.60 | |||
| SCI | 0.87 | 0.14 | 0.09 | 0.40 | 0.74 | 1.89 | 8.36 | |||
| ROL | 0.96 | 0.01 | (0.03) | 0.15 | 1.78 | 1.53 | 9.52 |
Mister Car Corporate Management
| Mayra Chimienti | Vice President - Operations Services | Profile | |
| Lisa Funk | General Counsel, Company Secretary | Profile | |
| Jonathan Seiffer | Director | Profile | |
| John Danhakl | Director | Profile | |
| Markus Hartmann | General Counsel | Profile | |
| Markus JD | General Counsel | Profile |