Last Update: 06-Dec-2024, 18:03 CST

ETR Correlation Report

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Correlation Plot    ExplainYTD: ETR  54.6 %  vs. SPX  27.7 % 
Entergy Corporation

* Correlation: WEAK* Reward: correlation not >= 0.6 or <= -0.6
* Diversifier: MODERATE* Risk: MODERATE

CC *Alpha *Beta *RR *R-Scatter *% Win *

0.036

0.030

1.64

0

0.0

55.0
* Last 60 market days. ETR relative to SPX - S&P 500 Index
Most Correlated Non-ETF Securities:
RankETR CCTicker Symbol - Security NameSPX CCSPX AlphaSPX Beta
1
0.813 Subscribe first then Login to view complete reports now

-0.055

0.034

-1.60
2
0.792 Subscribe first then Login to view complete reports now

-0.180

0.140

-1.53
3
0.758 Subscribe first then Login to view complete reports now

0.005

-0.205

1.27
4
0.752 Subscribe first then Login to view complete reports now

-0.128

0.212

-2.10
5
0.746 WEC - WEC Energy Group Inc.

0.023

-0.230

1.42
Least Correlated Non-ETF Securities:
RankETR CCTicker Symbol - Security NameSPX CCSPX AlphaSPX Beta
1
917
0.000 Subscribe first then Login to view complete reports now

0.387

-0.030

2.43
2
27
0.000 Subscribe first then Login to view complete reports now

0.026

-0.797

4.77
3
344
0.000 Subscribe first then Login to view complete reports now

0.078

-0.228

3.38
4
551
0.000 Subscribe first then Login to view complete reports now

0.229

0.037

2.60
5
1339
0.000 COCO - The Vita Coco Company Inc.

0.243

-0.047

2.56
Most Anti-Correlated Non-ETF Securities:
RankETR CCTicker Symbol - Security NameSPX CCSPX AlphaSPX Beta
1
1
-0.426 Subscribe first then Login to view complete reports now

0.353

0.252

3.58
2
1
-0.419 Subscribe first then Login to view complete reports now

0.671

0.065

3.28
3
1
-0.405 Subscribe first then Login to view complete reports now

0.608

-0.187

3.15
4
1
-0.385 Subscribe first then Login to view complete reports now

0.506

-0.818

3.96
5
1
-0.368 SVCO - Silvaco Group Inc.

0.419

-0.930

5.26




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