Cross Country Correlations

CCRN Stock  USD 12.78  0.23  1.83%   
The current 90-days correlation between Cross Country Healthcare and Kforce Inc is -0.05 (i.e., Good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cross Country moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cross Country Healthcare moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Cross Country Correlation With Market

Good diversification

The correlation between Cross Country Healthcare and DJI is -0.03 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Cross Country Healthcare and DJI in the same portfolio, assuming nothing else is changed.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cross Country Healthcare. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Moving together with Cross Stock

  0.61EKSO Ekso Bionics HoldingsPairCorr
  0.64ELMD ElectromedPairCorr
  0.68MLSS Milestone ScientificPairCorr
  0.75MNDR Mobile health NetworkPairCorr

Moving against Cross Stock

  0.75VVOS Vivos TherapeuticsPairCorr
  0.73FIGS Figs IncPairCorr
  0.71VEEV Veeva Systems ClassPairCorr
  0.69DH Definitive HealthcarePairCorr
  0.65EW Edwards Lifesciences Corp Earnings Call This WeekPairCorr
  0.55DOCS DoximityPairCorr
  0.52OM Outset MedicalPairCorr
  0.51VNRX VolitionrxPairCorr
  0.48GH Guardant HealthPairCorr
  0.48DXCM DexCom Inc Earnings Call This WeekPairCorr
  0.47LH Laboratory Earnings Call This WeekPairCorr
  0.41VSEE VSee Health,PairCorr
  0.38ENSG Ensign Group Earnings Call This WeekPairCorr
  0.37VREX Varex Imaging CorpPairCorr
  0.33ECOR Electrocore LLCPairCorr
  0.82VANI Vivani MedicalPairCorr
  0.81MDAI Spectral AIPairCorr
  0.71STRM Streamline HealthPairCorr
  0.66MODV ModivCarePairCorr
  0.66A Agilent TechnologiesPairCorr
  0.6MGRM Monogram Orthopaedics TrendingPairCorr
  0.6MHUA Meihua InternationalPairCorr
  0.57NDRA ENDRA Life SciencesPairCorr
  0.57CERS CerusPairCorr

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   
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High negative correlations   
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Risk-Adjusted Indicators

There is a big difference between Cross Stock performing well and Cross Country 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 Cross Country'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.

Cross Country Corporate Management

Karen VargaSinkaDirector CommunicationsProfile
Joshua VogelVice RelationsProfile
Amiee HawkinsChief OfficerProfile
Colin MSChief OfficerProfile
BA MDivSenior OfficerProfile
Craig HovenSenior SearchProfile