Pure Cycle Correlations
| PCYO Stock | USD 10.52 0.22 2.14% |
The current 90-days correlation between Pure Cycle and Cadiz Inc is -0.13 (i.e., Good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Pure Cycle moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pure Cycle moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Pure Cycle Correlation With Market
Very weak diversification
The correlation between Pure Cycle 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 Pure Cycle and DJI in the same portfolio, assuming nothing else is changed.
Moving against Pure Stock
| 0.54 | CWT | California Water Service | PairCorr |
| 0.52 | ED | Consolidated Edison | PairCorr |
| 0.43 | ARTNA | Artesian Resources | PairCorr |
| 0.44 | CNP | CenterPoint Energy Sell-off Trend | PairCorr |
| 0.42 | CPK | Chesapeake Utilities | PairCorr |
| 0.39 | AVA | Avista | PairCorr |
| 0.35 | DUK | Duke Energy | PairCorr |
| 0.34 | ATO | Atmos Energy | PairCorr |
Related Correlations Analysis
| -0.55 | 0.76 | 0.11 | 0.13 | CDZI | ||
| -0.55 | -0.35 | 0.3 | 0.11 | ARTNA | ||
| 0.76 | -0.35 | -0.09 | -0.07 | GWRS | ||
| 0.11 | 0.3 | -0.09 | 0.88 | PKBK | ||
| 0.13 | 0.11 | -0.07 | 0.88 | PEBK | ||
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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 Pure Stock performing well and Pure Cycle 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 Pure Cycle'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CDZI | 2.88 | (0.24) | 0.00 | 1.62 | 0.00 | 6.78 | 16.90 | |||
| ARTNA | 1.39 | 0.10 | 0.06 | (1.21) | 1.50 | 2.92 | 6.93 | |||
| GWRS | 1.22 | (0.14) | 0.00 | (0.44) | 0.00 | 2.06 | 5.50 | |||
| PKBK | 1.17 | 0.06 | 0.03 | 0.11 | 1.53 | 2.32 | 9.12 | |||
| PEBK | 1.81 | 0.09 | 0.03 | 0.13 | 2.48 | 4.38 | 13.02 |
Pure Cycle Corporate Executives
Elected by the shareholders, the Pure Cycle's board of directors comprises two types of representatives: Pure Cycle inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Pure. The board's role is to monitor Pure Cycle's management team and ensure that shareholders' interests are well served. Pure Cycle'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, Pure Cycle's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Marc Spezialy | CFO VP | Profile |