Nauticus Robotics Correlations
KITT Stock | USD 1.37 0.03 2.14% |
The current 90-days correlation between Nauticus Robotics and Park Electrochemical is 0.39 (i.e., Weak diversification). The correlation of Nauticus Robotics 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.
Nauticus Robotics Correlation With Market
Very weak diversification
The correlation between Nauticus Robotics and DJI is 0.4 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Nauticus Robotics and DJI in the same portfolio, assuming nothing else is changed.
Nauticus |
Moving together with Nauticus Stock
0.83 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
0.73 | EVTL | Vertical Aerospace | PairCorr |
0.66 | KWE | KWESST Micro Systems Fiscal Year End 15th of January 2025 | PairCorr |
0.77 | SPR | Spirit Aerosystems | PairCorr |
Moving against Nauticus Stock
0.8 | CVU | CPI Aerostructures | PairCorr |
0.72 | HEI | Heico Fiscal Year End 16th of December 2024 | PairCorr |
0.67 | CW | Curtiss Wright | PairCorr |
0.67 | ESLT | Elbit Systems | PairCorr |
0.64 | ERJ | Embraer SA ADR | PairCorr |
0.62 | CAE | CAE Inc | PairCorr |
0.58 | GD | General Dynamics Fiscal Year End 22nd of January 2025 | PairCorr |
0.57 | GE | GE Aerospace Fiscal Year End 28th of January 2025 | PairCorr |
0.57 | HWM | Howmet Aerospace | PairCorr |
0.48 | EH | Ehang Holdings | PairCorr |
0.37 | DRS | Leonardo DRS, Common Upward Rally | PairCorr |
0.35 | EVEX | Eve Holding | PairCorr |
0.8 | NOC | Northrop Grumman Fiscal Year End 23rd of January 2025 | PairCorr |
0.74 | TDG | Transdigm Group Fiscal Year End 14th of November 2024 | PairCorr |
0.72 | WWD | Woodward Fiscal Year End 21st of November 2024 | PairCorr |
0.71 | RTX | Raytheon Technologies Fiscal Year End 28th of January 2025 | PairCorr |
0.7 | AIRI | Air Industries Group | PairCorr |
0.68 | LMT | Lockheed Martin Sell-off Trend | PairCorr |
0.68 | RKLB | Rocket Lab USA | PairCorr |
0.65 | SIF | SIFCO Industries | PairCorr |
0.64 | LHX | L3Harris Technologies Fiscal Year End 23rd of January 2025 | PairCorr |
0.55 | VVX | V2X Inc | PairCorr |
0.42 | PKE | Park Electrochemical | PairCorr |
0.41 | RDW | Redwire Corp Downward Rally | PairCorr |
0.37 | ISSC | Innovative Solutions and | 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 Nauticus Stock performing well and Nauticus Robotics 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 Nauticus Robotics' 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 | ||
---|---|---|---|---|---|---|---|---|---|---|
PKE | 1.30 | 0.03 | 0.04 | 0.07 | 1.37 | 3.41 | 10.80 | |||
NPK | 0.98 | (0.09) | 0.00 | (0.07) | 0.00 | 1.82 | 5.09 | |||
DCO | 1.36 | (0.12) | 0.00 | (0.03) | 0.00 | 2.90 | 11.62 | |||
ISSC | 1.91 | 0.26 | 0.11 | 0.60 | 1.87 | 5.73 | 14.09 | |||
VSEC | 1.90 | 0.25 | 0.10 | 0.18 | 2.64 | 2.94 | 20.39 | |||
KAMN | 1.85 | 0.10 | 0.03 | 0.23 | 2.21 | 5.37 | 14.48 | |||
ATRO | 2.00 | (0.37) | 0.00 | (0.10) | 0.00 | 3.60 | 15.07 | |||
CDRE | 1.34 | (0.06) | (0.01) | 0.01 | 2.06 | 2.80 | 8.66 | |||
CW | 1.28 | 0.26 | 0.16 | 0.20 | 1.69 | 3.23 | 10.99 |
Nauticus Robotics Corporate Management
John Yamokoski | Chief Officer | Profile | |
Nicolaus Radford | CEO, CoFounder | Profile | |
Donnelly Bohan | Chief Officer | Profile | |
Ciara Campbell | Vice Resources | Profile | |
Nicholas Bigney | General Secretary | Profile | |
Todd Newell | Senior Development | Profile | |
Kristin PMP | Special Manager | Profile |