Exelon Correlations

EXC Stock

USD 42.85 0.12 0.28%

The current 90-days correlation between Exelon and Duke Energy is 0.78 (i.e., Poor diversification). The correlation of Exelon 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.

Exelon Correlation With Market

Significant diversification

The correlation between Exelon and DJI is 0.01 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Exelon and DJI in the same portfolio, assuming nothing else is changed.

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Exelon. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

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

Moving together with Exelon Stock

0.78	ENIC	Enel Chile SA	Pair Corr
0.9	EVRG	Evergy,	Pair Corr
0.94	AEE	Ameren Corp Earnings Call This Week	Pair Corr
0.91	AEP	American Electric Power Earnings Call This Week	Pair Corr
0.72	CNP	CenterPoint Energy Earnings Call Tomorrow	Pair Corr
0.71	DTE	DTE Energy	Pair Corr
0.64	DUK	Duke Energy	Pair Corr
0.84	EBR	Centrais Electricas	Pair Corr
0.88	ETR	Entergy Earnings Call This Week	Pair Corr
0.75	OGE	OGE Energy Earnings Call This Week	Pair Corr
0.69	PPL	PPL Corporation	Pair Corr
0.71	TLN	Talen Energy	Pair Corr
0.87	WEC	WEC Energy Group	Pair Corr
0.68	DUK-PA	Duke Energy	Pair Corr

Moving against Exelon Stock

0.73	EIX	Edison International Earnings Call This Week	Pair Corr
0.55	VSTE	Vast Renewables	Pair Corr
0.52	EDN	Empresa Distribuidora	Pair Corr
0.32	CMS-PC	CMS Energy	Pair Corr
0.8	SCE-PJ	SCE Trust IV	Pair Corr
0.76	VSTEW	Vast Renewables	Pair Corr
0.75	SCE-PN	SCE Trust VIII	Pair Corr
0.69	SCE-PK	SCE Trust V	Pair Corr
0.67	PCG	PGE Corp Earnings Call This Week	Pair Corr
0.66	SCE-PL	SCE Trust VI	Pair Corr
0.66	SCE-PG	SCE Trust II	Pair Corr
0.38	GNE	Genie Energy	Pair Corr
0.35	POR	Portland General Electric	Pair Corr
0.32	NEE	Nextera Energy	Pair Corr

Related Correlations Analysis

	DUK	D	SO	ED	ETR	AEP	PPL	CMS	CNP	FE
DUK		0.83	0.89	0.94	0.4	0.8	0.97	0.81	0.45	0.82	DUK
D	0.83		0.93	0.89	0.11	0.57	0.83	0.76	0.29	0.92	D
SO	0.89	0.93		0.93	0.17	0.66	0.89	0.86	0.37	0.93	SO
ED	0.94	0.89	0.93		0.23	0.7	0.92	0.81	0.37	0.91	ED
ETR	0.4	0.11	0.17	0.23		0.76	0.48	0.29	0.73	-0.07	ETR
AEP	0.8	0.57	0.66	0.7	0.76		0.82	0.64	0.71	0.46	AEP
PPL	0.97	0.83	0.89	0.92	0.48	0.82		0.84	0.53	0.8	PPL
CMS	0.81	0.76	0.86	0.81	0.29	0.64	0.84		0.48	0.81	CMS
CNP	0.45	0.29	0.37	0.37	0.73	0.71	0.53	0.48		0.19	CNP
FE	0.82	0.92	0.93	0.91	-0.07	0.46	0.8	0.81	0.19		FE
	DUK	D	SO	ED	ETR	AEP	PPL	CMS	CNP	FE

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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

PPL	+ 0.97	DUK
ED	+ 0.94	DUK
SO	+ 0.93	D
ED	+ 0.93	SO
FE	+ 0.93	SO
FE	+ 0.92	D

High negative correlations

- 0.07

ETR

Risk-Adjusted Indicators

There is a big difference between Exelon Stock performing well and Exelon 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 Exelon'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
DUK	0.80	(0.02)	0.00	(0.07)	0.00	0.00	1.48	(1.76)	4.59
D	0.99	(0.04)	0.00	(0.08)	0.00	0.00	1.31	(2.22)	8.40
SO	0.91	(0.05)	0.00	(0.14)	0.00	0.00	1.88	(2.05)	7.04
ED	0.88	(0.04)	0.00	(0.09)	0.00	0.00	2.01	(2.05)	6.54
ETR	0.93	0.17	0.12	0.82	1.17	(1.00)	2.09	(1.85)	7.46
AEP	0.84	0.10	0.08	0.38	1.00	(0.91)	1.66	(1.65)	7.10
PPL	0.78	(0.01)	0.00	(0.04)	0.00	0.00	1.71	(1.98)	6.01
CMS	0.71	0.01	0.01	0.05	1.11	(0.64)	1.60	(1.82)	4.61
CNP	0.80	0.11	0.11	2.65	0.79	(0.90)	1.80	(1.73)	4.79
FE	0.77	(0.05)	0.00	(0.29)	0.00	0.00	1.46	(1.75)	5.99

Exelon Corporate Management

Douglas Brown	Chief VP	Profile
Denise Galambos	Senior Officer	Profile
David Fein	Senior Affairs	Profile
Carter Culver	Senior Counsel	Profile
Amy Best	Executive Officer	Profile
Drew Ierardi	Managing Markets	Profile

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