CTT Systems Correlations

CTT Stock  SEK 132.80  -0.20  -0.15%   
The current 90-days correlation between CTT Systems AB and GomSpace Group AB is 0.06 (i.e., Very good diversification).When its correlation with a broad index is high, most of the stock's return is explained by market movement.

CTT Systems Correlation With Market

Moderate diversification
For the present investment horizon, the measured correlation between CTT Systems and Dow Jones stands at 0.22, or Moderate diversification. In portfolio terms, the overlap shows how much shared movement remains after combining both positions.
  
This dataset captures how CTT Systems correlates with instruments in the same space. All values are drawn from historical return correlation across available windows.

Moving together with CTT Stock

  0.89AVT-B AVTECH Sweden ABPairCorr
  0.8GETI-B Getinge AB serPairCorr

Moving against CTT Stock

  0.86SAND Sandvik ABPairCorr
  0.79INVE-B Investor AB serPairCorr

Related Correlations Analysis


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

AJA-BELAN-B
ELAN-BPCELL
GREENELAN-B
AJA-BPCELL
AJA-BGREEN
GREENPCELL
  

High negative correlations

TEQFMM-B
SVIKABSO
PCELLFMM-B
SVIKGREEN
AJA-BFMM-B
ELAN-BFMM-B

Risk-Adjusted Indicators

Strong stock returns do not always mean CTT Systems Company is outperforming its peers on a fundamental level. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze CTT Systems' 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.

Be your own money manager

A disciplined portfolio workflow around CTT Systems AB should test whether the position strengthens diversification, return efficiency, and overall portfolio fit. This is most useful when investors want to improve risk-adjusted return instead of simply owning more ideas at once.

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CTT Systems Corporate Management

Board and executive analysis for CTT Systems AB is useful because governance quality can influence capital allocation, accountability, and long-term strategic consistency. Institutions hold about 41.47% of shares while insiders own roughly 38.75%.