Benson Hill, Correlations

BHIL Stock

USD 0.35 0.03 7.89%

The current 90-days correlation between Benson Hill, Common and Intrepid Potash is 0.05 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Benson Hill, moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Benson Hill, Common moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Benson Hill, Correlation With Market

Average diversification

The correlation between Benson Hill, Common and DJI is 0.15 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Benson Hill, Common 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 Benson Hill, Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Moving together with Benson Stock

0.7	CF	CF Industries Holdings	Pair Corr
0.69	FMC	FMC Corporation	Pair Corr
0.7	SMG	Scotts Miracle Gro	Pair Corr
0.82	BIOX	Bioceres Crop Solutions	Pair Corr
0.69	CC	Chemours	Pair Corr
0.74	CE	Celanese	Pair Corr
0.82	EU	enCore Energy Corp	Pair Corr
0.81	FF	FutureFuel Corp	Pair Corr
0.66	NX	Quanex Building Products	Pair Corr
0.67	OC	Owens Corning	Pair Corr

Moving against Benson Stock

0.73	X	United States Steel	Pair Corr
0.73	AU	AngloGold Ashanti plc	Pair Corr
0.67	ICL	ICL Israel Chemicals	Pair Corr
0.51	IPI	Intrepid Potash	Pair Corr
0.51	NTR	Nutrien	Pair Corr
0.49	CX	Cemex SAB de	Pair Corr
0.34	AG	First Majestic Silver	Pair Corr
0.83	DC	Dakota Gold Corp	Pair Corr
0.82	MT	ArcelorMittal SA ADR	Pair Corr
0.75	MP	MP Materials Corp	Pair Corr
0.74	VALE	Vale SA ADR	Pair Corr
0.73	NC	NACCO Industries	Pair Corr
0.59	HYMCL	Hycroft Mining Holding	Pair Corr
0.57	VOXR	Vox Royalty Corp	Pair Corr
0.5	TX	Ternium SA ADR	Pair Corr
0.41	DD	Dupont De Nemours	Pair Corr
0.41	RS	Reliance Steel Aluminum	Pair Corr
0.4	OR	Osisko Gold Ro	Pair Corr
0.33	NB	NioCorp Developments	Pair Corr

Related Correlations Analysis

	IPI	BIOX	CTA-PB	FMC	AVD	CF	MOS	NTR	UAN	ICL
IPI		-0.25	0.59	-0.06	0.42	-0.04	0.75	0.86	0.62	0.81	IPI
BIOX	-0.25		-0.7	0.86	0.21	0.88	0.26	-0.27	0.3	-0.51	BIOX
CTA-PB	0.59	-0.7		-0.55	0.11	-0.56	0.13	0.66	0.21	0.77	CTA-PB
FMC	-0.06	0.86	-0.55		0.11	0.77	0.28	-0.18	0.28	-0.44	FMC
AVD	0.42	0.21	0.11	0.11		0.39	0.69	0.6	0.71	0.46	AVD
CF	-0.04	0.88	-0.56	0.77	0.39		0.42	0.01	0.54	-0.28	CF
MOS	0.75	0.26	0.13	0.28	0.69	0.42		0.69	0.76	0.49	MOS
NTR	0.86	-0.27	0.66	-0.18	0.6	0.01	0.69		0.72	0.91	NTR
UAN	0.62	0.3	0.21	0.28	0.71	0.54	0.76	0.72		0.56	UAN
ICL	0.81	-0.51	0.77	-0.44	0.46	-0.28	0.49	0.91	0.56		ICL
	IPI	BIOX	CTA-PB	FMC	AVD	CF	MOS	NTR	UAN	ICL

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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

ICL	+ 0.91	NTR
CF	+ 0.88	BIOX
NTR	+ 0.86	IPI
FMC	+ 0.86	BIOX
ICL	+ 0.81	IPI
ICL	+ 0.77	CTA-PB

High negative correlations

CTA-PB	- 0.7	BIOX
CF	- 0.56	CTA-PB
FMC	- 0.55	CTA-PB
ICL	- 0.51	BIOX
ICL	- 0.44	FMC
ICL	- 0.28	CF

Risk-Adjusted Indicators

There is a big difference between Benson Stock performing well and Benson Hill, 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 Benson Hill,'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
IPI	2.22	0.34	0.12	0.19	2.38	(2.48)	6.96	(3.69)	16.60
BIOX	3.43	(0.50)	0.00	(1.07)	0.00	0.00	8.70	(8.05)	26.87
CTA-PB	0.54	0.04	0.12	0.08	0.66	(0.61)	1.24	(1.00)	5.85
FMC	2.13	(0.24)	0.00	(3.55)	0.00	0.00	3.85	(3.69)	38.47
AVD	2.83	(0.08)	0.00	(0.13)	0.00	0.00	6.77	(6.27)	15.45
CF	1.67	(0.15)	0.00	(0.27)	0.00	0.00	2.51	(4.59)	15.08
MOS	1.87	0.15	0.07	0.11	2.09	(2.09)	3.59	(3.58)	12.77
NTR	1.50	0.21	0.13	0.20	1.57	(1.81)	3.42	(2.67)	10.90
UAN	1.08	0.09	0.07	0.06	1.34	(1.10)	1.97	(1.80)	9.48
ICL	1.65	0.28	0.14	0.32	1.87	(1.94)	4.25	(2.82)	13.06

Benson Hill, Corporate Management

Susan MBA	Chief Officer	Profile
Allyson Pegues	Vice People	Profile
Ruben Mella	Director Relations	Profile
Yevgeny Fundler	Chief Secretary	Profile
Jason Bull	Chief Officer	Profile
Kimberly Hurst	Chief Officer	Profile

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