Corteva Correlations

CTVA Stock

USD 62.24 0.26 0.42%

The current 90-days correlation between Corteva and The Mosaic is 0.33 (i.e., Weak diversification). The correlation of Corteva 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.

Corteva Correlation With Market

Weak diversification

The correlation between Corteva and DJI is 0.38 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Corteva 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 Corteva. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

For information on how to trade Corteva Stock refer to our How to Trade Corteva Stock guide.

Moving together with Corteva Stock

0.69	X	United States Steel	Pair Corr
0.73	AA	Alcoa Corp Fiscal Year End 15th of January 2025	Pair Corr
0.68	IE	Ivanhoe Electric	Pair Corr
0.72	MP	MP Materials Corp	Pair Corr
0.65	NC	NACCO Industries	Pair Corr
0.75	OR	Osisko Gold Ro	Pair Corr

Moving against Corteva Stock

0.66	YTEN	Yield10 Bioscience	Pair Corr
0.6	BIOX	Bioceres Crop Solutions	Pair Corr
0.46	NITO	N2OFF Inc Symbol Change	Pair Corr
0.32	BHIL	Benson Hill, Common	Pair Corr
0.68	LVROW	Lavoro Limited Warrant	Pair Corr
0.39	CX	Cemex SAB de	Pair Corr
0.56	NORNQ	Noranda Aluminum Holding	Pair Corr
0.47	MKDTY	Molecular Data	Pair Corr
0.32	DNMR	Danimer Scientific	Pair Corr
0.31	NG	NovaGold Resources	Pair Corr

Related Correlations Analysis

	CF	AVD	IPI	MOS	NTR	FMC	ICL
CF		-0.26	0.43	0.07	0.42	-0.22	0.45	CF
AVD	-0.26		0.32	-0.26	-0.78	-0.62	0.35	AVD
IPI	0.43	0.32		0.29	0.04	-0.56	0.62	IPI
MOS	0.07	-0.26	0.29		0.59	0.33	0.35	MOS
NTR	0.42	-0.78	0.04	0.59		0.45	-0.08	NTR
FMC	-0.22	-0.62	-0.56	0.33	0.45		-0.34	FMC
ICL	0.45	0.35	0.62	0.35	-0.08	-0.34		ICL
	CF	AVD	IPI	MOS	NTR	FMC	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	+ 0.62	IPI
NTR	+ 0.59	MOS
ICL	+ 0.45	CF
FMC	+ 0.45	NTR
IPI	+ 0.43	CF
NTR	+ 0.42	CF

High negative correlations

NTR	- 0.78	AVD
FMC	- 0.62	AVD
FMC	- 0.56	IPI
ICL	- 0.34	FMC
MOS	- 0.26	AVD
AVD	- 0.26	CF

Risk-Adjusted Indicators

There is a big difference between Corteva Stock performing well and Corteva 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 Corteva'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
CF	1.20	0.15	0.01	18.88	1.80	(1.10)	2.17	(2.22)	6.82
AVD	1.84	0.05	(0.01)	0.23	2.36	(1.96)	4.06	(3.59)	15.23
IPI	1.63	0.14	0.02	0.56	2.07	(1.67)	4.33	(3.28)	14.45
MOS	1.76	(0.18)	0.00	(0.13)	0.00	0.00	4.43	(3.92)	13.10
NTR	1.06	(0.07)	0.00	(0.05)	0.00	0.00	2.31	(2.10)	8.77
FMC	1.47	(0.18)	0.00	(0.26)	0.00	0.00	3.12	(3.42)	16.03
ICL	1.80	0.00	(0.03)	0.12	2.13	(1.98)	4.20	(3.06)	9.87

Corteva Corporate Management

MBA BS	Executive Officer	Profile
Brian Titus	Principal Accounting Officer, Vice President Controller	Profile
Marcos Lutz	Independent Director	Profile
Patrick Ward	Independent Director	Profile
Cornel Fuerer	Senior Vice President General Counsel, Secretary	Profile
Sid Gorham	CEO Platform	Profile

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