Energy Recovery Correlations

Energy Recovery Correlation With Broad Market

Energy Recovery has a market cap of 501.12 M, operating margin of 46.49%, ROE of 11.03%. See Investing Opportunities for portfolio-level analysis. This reflects a position in Energy Recovery. This is situated within the portfolio mix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.New to investing in Energy Stock? Start with our How to Buy Energy Stock step-by-step guide. It provides a clear overview of how to add Energy Recovery to your portfolio. It is a useful companion to the data and analysis available on this page for Energy Stock.

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 GSL + 0.95 SFL WLFC + 0.88 THR PLPC + 0.88 THR WLFC + 0.84 MRTN PLPC + 0.83 WLFC SFL + 0.82 THR

High negative correlations SFL - 0.83 HTZ GSL - 0.75 HTZ HTZ - 0.55 THR SFL - 0.49 UP GSL - 0.42 UP PLPC - 0.41 HTZ

Risk-Adjusted Indicators

There is a big difference between Energy Stock performing well and Energy Recovery Company doing well as a business compared to the competition. Risk-adjusted metrics allow investors to compare Energy Recovery's efficiency and downside exposure against peers in a more meaningful way. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.