Nauticus Robotics Correlations
| KITTW Stock | USD 0.09 0 1.89% |
The current 90-days correlation between Nauticus Robotics and Nauticus Robotics is -0.36 (i.e., Very good diversification). The correlation of Nauticus Robotics 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.
Nauticus Robotics Correlation With Market
Good diversification
The correlation between Nauticus Robotics and DJI is -0.1 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Nauticus Robotics and DJI in the same portfolio, assuming nothing else is changed.
Moving together with Nauticus Stock
Moving against Nauticus Stock
| 0.48 | MNTS | Momentus | PairCorr |
| 0.38 | LOAR | Loar Holdings | PairCorr |
| 0.33 | POWW | Ammo Inc | PairCorr |
| 0.32 | GPUS | Hyperscale Data, Symbol Change | PairCorr |
Related Correlations Analysis
| -0.1 | 0.0 | 0.05 | 0.19 | 0.02 | KITT | ||
| -0.1 | 0.05 | -0.55 | -0.15 | 0.39 | RTX | ||
| 0.0 | 0.05 | 0.17 | 0.18 | -0.12 | LMT | ||
| 0.05 | -0.55 | 0.17 | -0.02 | -0.53 | DFLIW | ||
| 0.19 | -0.15 | 0.18 | -0.02 | -0.09 | ARBEW | ||
| 0.02 | 0.39 | -0.12 | -0.53 | -0.09 | GRRRW | ||
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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 Nauticus Stock performing well and Nauticus Robotics 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 Nauticus Robotics' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| KITT | 4.11 | (0.06) | 0.03 | 0.11 | 4.73 | 9.57 | 27.96 | |||
| RTX | 1.13 | 0.28 | 0.06 | (3.45) | 1.93 | 2.66 | 10.50 | |||
| LMT | 1.07 | (0.05) | 0.00 | (0.16) | 0.00 | 2.63 | 7.81 | |||
| DFLIW | 10.65 | 1.11 | 0.06 | (1.35) | 12.58 | 34.23 | 79.04 | |||
| ARBEW | 9.74 | 0.58 | 0.07 | 0.31 | 10.21 | 25.00 | 67.29 | |||
| GRRRW | 5.90 | (0.15) | 0.00 | 0.05 | 7.03 | 12.12 | 53.29 |
Nauticus Robotics Corporate Management
| John Yamokoski | Chief Officer | Profile | |
| Nicolaus Radford | CEO, CoFounder | Profile | |
| Jason Close | Vice Solutions | Profile | |
| Donnelly Bohan | Chief Officer | Profile | |
| Ciara Campbell | Vice Resources | Profile | |
| John JD | General Secretary | Profile | |
| Nicholas Bigney | General Secretary | Profile |