5E Advanced Correlations

FEAM Stock

USD 3.98 0.35 8.08%

The current 90-days correlation between 5E Advanced Materials and Innospec is 0.13 (i.e., Average diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as 5E Advanced moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if 5E Advanced Materials moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

5E Advanced Correlation With Market

Significant diversification

The correlation between 5E Advanced Materials and DJI is 0.02 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding 5E Advanced Materials 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 5E Advanced Materials. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Moving together with FEAM Stock

0.61	CC	Chemours	Pair Corr
0.79	FF	FutureFuel Corp	Pair Corr
0.66	ALB-PA	Albemarle	Pair Corr
0.72	ALB	Albemarle Corp Sell-off Trend	Pair Corr
0.81	ASH	Ashland Global Holdings	Pair Corr
0.61	CBT	Cabot	Pair Corr
0.76	CMT	Core Molding Technologies	Pair Corr
0.74	FUL	H B Fuller Earnings Call Today	Pair Corr
0.69	KRO	Kronos Worldwide	Pair Corr
0.74	MTX	Minerals Technologies	Pair Corr
0.66	OEC	Orion Engineered Carbons	Pair Corr
0.78	PRM	Perimeter Solutions	Pair Corr
0.84	GEVO	Gevo Inc	Pair Corr
0.74	HWKN	Hawkins	Pair Corr
0.63	IOSP	Innospec	Pair Corr

Moving against FEAM Stock

0.88	LIN	Linde plc Ordinary	Pair Corr
0.85	ECL	Ecolab Inc	Pair Corr
0.64	NEU	NewMarket	Pair Corr
0.61	FSI	Flexible Solutions Earnings Call This Week	Pair Corr
0.51	DD	Dupont De Nemours	Pair Corr
0.51	EMN	Eastman Chemical	Pair Corr
0.47	BSLKW	Bolt Projects Holdings, Symbol Change	Pair Corr
0.31	LYB	LyondellBasell Industries	Pair Corr
0.73	X	United States Steel	Pair Corr
0.61	NGVT	Ingevity Corp	Pair Corr
0.59	SQM	Sociedad Quimica y	Pair Corr
0.55	BCPC	Balchem	Pair Corr

Related Correlations Analysis

	IOSP	MTX	ODC	KWR	SXT	OEC	CBT	ECVT	FUL	ESI
IOSP		0.95	-0.69	0.5	0.45	0.57	0.67	0.66	0.77	-0.01	IOSP
MTX	0.95		-0.64	0.5	0.35	0.73	0.79	0.59	0.89	0.01	MTX
ODC	-0.69	-0.64		-0.32	0.1	-0.43	-0.34	-0.75	-0.53	0.03	ODC
KWR	0.5	0.5	-0.32		0.26	0.53	0.52	0.59	0.54	0.38	KWR
SXT	0.45	0.35	0.1	0.26		-0.07	0.2	0.08	0.17	0.01	SXT
OEC	0.57	0.73	-0.43	0.53	-0.07		0.89	0.47	0.87	0.3	OEC
CBT	0.67	0.79	-0.34	0.52	0.2	0.89		0.35	0.9	0.19	CBT
ECVT	0.66	0.59	-0.75	0.59	0.08	0.47	0.35		0.44	0.31	ECVT
FUL	0.77	0.89	-0.53	0.54	0.17	0.87	0.9	0.44		0.04	FUL
ESI	-0.01	0.01	0.03	0.38	0.01	0.3	0.19	0.31	0.04		ESI
	IOSP	MTX	ODC	KWR	SXT	OEC	CBT	ECVT	FUL	ESI

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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

MTX	+ 0.95	IOSP
FUL	+ 0.9	CBT
FUL	+ 0.89	MTX
CBT	+ 0.89	OEC
FUL	+ 0.87	OEC
CBT	+ 0.79	MTX

High negative correlations

ECVT	- 0.75	ODC
ODC	- 0.69	IOSP
ODC	- 0.64	MTX
FUL	- 0.53	ODC
OEC	- 0.43	ODC
CBT	- 0.34	ODC

Risk-Adjusted Indicators

There is a big difference between FEAM Stock performing well and 5E Advanced 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 5E Advanced'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
IOSP	1.32	(0.21)	0.00	(0.29)	0.00	0.00	2.36	(3.23)	10.25
MTX	1.11	(0.25)	0.00	(0.35)	0.00	0.00	1.80	(2.93)	5.89
ODC	1.59	0.12	0.06	0.13	2.07	(1.64)	2.59	(3.33)	13.42
KWR	1.59	(0.16)	0.00	(0.21)	0.00	0.00	2.99	(4.00)	8.76
SXT	1.21	(0.03)	0.00	(0.08)	0.00	0.00	2.33	(2.24)	11.22
OEC	1.81	(0.28)	0.00	(0.32)	0.00	0.00	3.34	(3.55)	10.69
CBT	1.27	(0.25)	0.00	(0.39)	0.00	0.00	2.26	(3.21)	8.68
ECVT	1.71	(0.22)	0.00	1.76	0.00	0.00	2.88	(4.01)	17.46
FUL	1.29	(0.40)	0.00	(0.55)	0.00	0.00	1.85	(3.00)	8.25
ESI	1.19	(0.12)	0.00	0.35	0.00	0.00	2.54	(3.07)	7.56

5E Advanced Corporate Management

CPA CPA	Chief Officer	Profile
J Starzecki	Chief Officer	Profile
Christopher MBA	Vice Operations	Profile
Dinakar Gnanamgari	Chief Officer	Profile
ACSA AGIA	Company Sec	Profile
ACSA BBus	Principal Officer	Profile
Jason Starzecki	Chief Officer	Profile

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