Cass Information Correlations
| CASS Stock | USD 43.74 0.77 1.79% |
The current 90-days correlation between Cass Information Systems and Civeo Corp is 0.17 (i.e., Average diversification). The correlation of Cass Information 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.
Cass Information Correlation With Market
Poor diversification
The correlation between Cass Information Systems and DJI is 0.67 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Cass Information Systems and DJI in the same portfolio, assuming nothing else is changed.
Moving together with Cass Stock
Moving against Cass Stock
| 0.53 | WM | Waste Management | PairCorr |
| 0.34 | BR | Broadridge Financial | PairCorr |
| 0.48 | GFL | Gfl Environmental | PairCorr |
| 0.34 | LNZA | LanzaTech Global Downward Rally | PairCorr |
| 0.32 | MIMI | Mint Incorporation Upward Rally | PairCorr |
| 0.31 | ZONE | CleanCore Solutions Buyout Trend | PairCorr |
Related Correlations Analysis
| 0.12 | 0.59 | -0.81 | -0.57 | BV | ||
| 0.12 | 0.1 | -0.03 | 0.34 | CVEO | ||
| 0.59 | 0.1 | -0.56 | -0.36 | FA | ||
| -0.81 | -0.03 | -0.56 | 0.71 | MMS | ||
| -0.57 | 0.34 | -0.36 | 0.71 | NTIP | ||
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 Cass Stock performing well and Cass Information 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 Cass Information'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BV | 1.51 | (0.25) | 0.00 | (0.08) | 0.00 | 2.55 | 14.41 | |||
| CVEO | 1.47 | 0.04 | 0.01 | 0.16 | 1.83 | 2.62 | 8.79 | |||
| FA | 1.95 | (0.32) | 0.00 | (0.06) | 0.00 | 5.13 | 13.37 | |||
| MMS | 1.19 | 0.24 | 0.16 | 0.36 | 1.02 | 3.34 | 5.92 | |||
| NTIP | 2.21 | 0.47 | 0.08 | 58.79 | 3.19 | 4.80 | 9.53 |
Cass Information Corporate Executives
Elected by the shareholders, the Cass Information's board of directors comprises two types of representatives: Cass Information inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Cass. The board's role is to monitor Cass Information's management team and ensure that shareholders' interests are well served. Cass Information'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, Cass Information's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Michael CPA | Executive CFO | Profile | |
| Michael Normile | Executive CFO | Profile |