Perimeter Solutions Correlations

PRM Stock

USD 9.10 0.11 1.19%

The current 90-days correlation between Perimeter Solutions and Kronos Worldwide is 0.31 (i.e., Weak diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Perimeter Solutions moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Perimeter Solutions SA moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Perimeter Solutions Correlation With Market

Very weak diversification

The correlation between Perimeter Solutions SA and DJI is 0.45 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Perimeter Solutions SA and DJI in the same portfolio, assuming nothing else is changed.

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Perimeter Solutions SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Moving together with Perimeter Stock

0.9	CC	Chemours	Pair Corr
0.94	FF	FutureFuel Corp	Pair Corr
0.78	FEAM	5E Advanced Materials	Pair Corr
0.78	ALB-PA	Albemarle	Pair Corr
0.82	ALB	Albemarle Corp	Pair Corr
0.9	ASH	Ashland Global Holdings	Pair Corr
0.74	CBT	Cabot	Pair Corr
0.64	CMT	Core Molding Technologies	Pair Corr
0.84	FUL	H B Fuller	Pair Corr
0.82	IFF	International Flavors	Pair Corr
0.92	KRO	Kronos Worldwide	Pair Corr
0.94	MTX	Minerals Technologies	Pair Corr
0.7	OEC	Orion Engineered Carbons	Pair Corr
0.7	PPG	PPG Industries	Pair Corr
0.68	RPM	RPM International Earnings Call Next Week	Pair Corr
0.75	SCL	Stepan Company	Pair Corr
0.73	SSL	Sasol	Pair Corr
0.82	WLK	Westlake Chemical	Pair Corr
0.7	GEVO	Gevo Inc	Pair Corr
0.75	HWKN	Hawkins	Pair Corr
0.92	IOSP	Innospec	Pair Corr

Moving against Perimeter Stock

0.69	LIN	Linde plc Ordinary	Pair Corr
0.66	ECL	Ecolab Inc	Pair Corr
0.62	NEU	NewMarket	Pair Corr
0.43	BSLKW	Bolt Projects Holdings, Symbol Change	Pair Corr
0.68	SQM	Sociedad Quimica y	Pair Corr
0.59	X	United States Steel Buyout Trend	Pair Corr
0.51	BCPC	Balchem	Pair Corr

Related Correlations Analysis

	KRO	SXT	ESI	TSE	ODC	KWR	ECVT	MTX	OEC	CBT
KRO		0.27	0.08	0.25	-0.72	0.59	0.66	0.95	0.72	0.73	KRO
SXT	0.27		0.01	-0.31	0.1	0.26	0.08	0.35	-0.07	0.2	SXT
ESI	0.08	0.01		0.41	0.03	0.38	0.31	0.01	0.3	0.19	ESI
TSE	0.25	-0.31	0.41		-0.12	0.59	0.39	0.17	0.6	0.44	TSE
ODC	-0.72	0.1	0.03	-0.12		-0.32	-0.75	-0.64	-0.43	-0.34	ODC
KWR	0.59	0.26	0.38	0.59	-0.32		0.59	0.5	0.53	0.52	KWR
ECVT	0.66	0.08	0.31	0.39	-0.75	0.59		0.59	0.47	0.35	ECVT
MTX	0.95	0.35	0.01	0.17	-0.64	0.5	0.59		0.73	0.79	MTX
OEC	0.72	-0.07	0.3	0.6	-0.43	0.53	0.47	0.73		0.89	OEC
CBT	0.73	0.2	0.19	0.44	-0.34	0.52	0.35	0.79	0.89		CBT
	KRO	SXT	ESI	TSE	ODC	KWR	ECVT	MTX	OEC	CBT

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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	KRO
CBT	+ 0.89	OEC
CBT	+ 0.79	MTX
CBT	+ 0.73	KRO
OEC	+ 0.73	MTX
OEC	+ 0.72	KRO

High negative correlations

ECVT	- 0.75	ODC
ODC	- 0.72	KRO
MTX	- 0.64	ODC
OEC	- 0.43	ODC
CBT	- 0.34	ODC
KWR	- 0.32	ODC

Risk-Adjusted Indicators

There is a big difference between Perimeter Stock performing well and Perimeter Solutions 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 Perimeter Solutions' 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
KRO	1.59	(0.34)	0.00	(0.35)	0.00	0.00	3.74	(3.20)	13.74
SXT	1.21	(0.03)	0.00	(0.08)	0.00	0.00	2.33	(2.24)	11.22
ESI	1.19	(0.12)	0.00	0.35	0.00	0.00	2.54	(3.07)	7.56
TSE	4.08	(0.31)	0.00	(0.89)	0.00	0.00	6.86	(7.58)	37.05
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
ECVT	1.71	(0.22)	0.00	1.76	0.00	0.00	2.88	(4.01)	17.46
MTX	1.11	(0.25)	0.00	(0.35)	0.00	0.00	1.80	(2.93)	5.89
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

Perimeter Solutions Corporate Management

Edward Goldberg	CEO Director	Profile
Charles Kropp	CFO Officer	Profile
Noriko Yokozuka	Corporate Counsel	Profile
Seth Barker	Head Analysis	Profile
Haitham Khouri	Vice Director	Profile

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