Mammoth Energy Correlations

TUSK Stock

USD 2.17 0.01 0.46%

The current 90-days correlation between Mammoth Energy Services and FTAI Infrastructure is 0.04 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Mammoth Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mammoth Energy Services moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Mammoth Energy Correlation With Market

Weak diversification

The correlation between Mammoth Energy Services and DJI is 0.36 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Mammoth Energy Services and DJI in the same portfolio, assuming nothing else is changed.

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Mammoth Energy Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Moving together with Mammoth Stock

0.62	CODI-PA	Compass Diversified	Pair Corr
0.68	CODI-PB	Compass Diversified	Pair Corr
0.67	CODI-PC	Compass Diversified	Pair Corr
0.65	MDU	MDU Resources Group	Pair Corr
0.63	RCMT	RCM Technologies	Pair Corr
0.78	CRESW	Cresud SACIF y	Pair Corr
0.91	J	Jacobs Solutions	Pair Corr
0.68	R	Ryder System	Pair Corr
0.65	AP	Ampco Pittsburgh	Pair Corr
0.87	BV	BrightView Holdings	Pair Corr
0.81	BW	Babcock Wilcox Enter	Pair Corr
0.81	CW	Curtiss Wright	Pair Corr
0.91	DY	Dycom Industries	Pair Corr
0.85	FA	First Advantage Corp	Pair Corr
0.91	GP	GreenPower Motor	Pair Corr
0.89	HI	Hillenbrand	Pair Corr
0.84	HY	Hyster Yale Materials	Pair Corr
0.84	IR	Ingersoll Rand	Pair Corr

Moving against Mammoth Stock

0.73	SPLP-PA	Steel Partners Holdings	Pair Corr
0.65	SEB	Seaboard	Pair Corr
0.59	FBYD	Falcons Beyond Global,	Pair Corr
0.45	BOOM	Dmc Global	Pair Corr
0.42	G	Genpact Limited	Pair Corr
0.64	EH	Ehang Holdings	Pair Corr
0.39	DE	Deere Company	Pair Corr
0.84	SB	Safe Bulkers	Pair Corr
0.71	PC	Premium Catering	Pair Corr
0.6	LZ	LegalZoom	Pair Corr
0.58	KC	Kingsoft Cloud Holdings	Pair Corr

Related Correlations Analysis

	MATW	GFF	SPLP	CODI	FIP	HHS	SEB	CODI-PA	VMI	BBU
MATW		0.5	0.04	0.62	0.89	0.51	-0.7	0.61	-0.11	-0.54	MATW
GFF	0.5		-0.19	0.25	0.48	0.52	-0.23	0.41	0.32	-0.12	GFF
SPLP	0.04	-0.19		0.37	0.23	0.1	-0.05	-0.2	-0.24	0.27	SPLP
CODI	0.62	0.25	0.37		0.75	0.63	-0.54	0.04	-0.19	-0.11	CODI
FIP	0.89	0.48	0.23	0.75		0.61	-0.72	0.45	-0.26	-0.39	FIP
HHS	0.51	0.52	0.1	0.63	0.61		-0.37	0.22	0.04	-0.13	HHS
SEB	-0.7	-0.23	-0.05	-0.54	-0.72	-0.37		-0.35	0.55	0.76	SEB
CODI-PA	0.61	0.41	-0.2	0.04	0.45	0.22	-0.35		0.22	-0.31	CODI-PA
VMI	-0.11	0.32	-0.24	-0.19	-0.26	0.04	0.55	0.22		0.4	VMI
BBU	-0.54	-0.12	0.27	-0.11	-0.39	-0.13	0.76	-0.31	0.4		BBU
	MATW	GFF	SPLP	CODI	FIP	HHS	SEB	CODI-PA	VMI	BBU

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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

FIP	+ 0.89	MATW
BBU	+ 0.76	SEB
FIP	+ 0.75	CODI
HHS	+ 0.63	CODI
CODI	+ 0.62	MATW
CODI-PA	+ 0.61	MATW

High negative correlations

SEB	- 0.72	FIP
SEB	- 0.7	MATW
SEB	- 0.54	CODI
BBU	- 0.54	MATW
BBU	- 0.39	FIP
SEB	- 0.37	HHS

Risk-Adjusted Indicators

There is a big difference between Mammoth Stock performing well and Mammoth Energy 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 Mammoth Energy'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
MATW	2.06	(0.24)	0.00	(0.26)	0.00	0.00	2.96	(4.33)	24.43
GFF	1.57	(0.01)	0.00	(0.04)	0.00	0.00	2.86	(3.19)	12.51
SPLP	1.49	0.04	0.02	0.08	2.76	(2.17)	2.97	(2.21)	18.57
CODI	1.33	(0.26)	0.00	(0.25)	0.00	0.00	1.99	(2.82)	12.88
FIP	2.54	(0.52)	0.00	(1.21)	0.00	0.00	4.69	(7.04)	20.34
HHS	1.83	(0.28)	0.00	(0.89)	0.00	0.00	3.46	(3.18)	17.74
SEB	1.47	0.11	0.06	0.13	1.92	(1.52)	2.46	(2.58)	18.96
CODI-PA	0.87	(0.02)	0.00	(0.14)	0.00	0.00	2.03	(1.96)	5.64
VMI	1.80	(0.07)	0.00	(0.10)	0.00	0.00	3.26	(3.81)	30.09
BBU	1.73	0.11	0.04	0.05	2.21	(1.86)	3.55	(3.28)	12.93

Mammoth Energy Corporate Executives

Elected by the shareholders, the Mammoth Energy's board of directors comprises two types of representatives: Mammoth Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Mammoth. The board's role is to monitor Mammoth Energy's management team and ensure that shareholders' interests are well served. Mammoth Energy's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Mammoth Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.

	Mark CPA	CFO Secretary	Profile
	Mark Layton	CFO Secretary	Profile

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