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Last Update: 21-Feb-2024, 07:30 CST

HUT Correlation Report

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Correlation Plot    ExplainYTD: HUT  -29.3 %  vs. SPX  4.3 % 
Hut 8 Corp.

* Correlation: MODEST* Reward: correlation not >= 0.6 or <= -0.6
* Diversifier: MODEST* Risk: EXTREMELY HIGH

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

0.221

-0.827

13.98

-3

-0.5

40.0
* Last 60 market days. HUT relative to SPX - S&P 500 Index
Most Correlated Non-ETF Securities:
RankHUT CCTicker Symbol - Security NameSPX CCSPX AlphaSPX Beta
1
0.768 Subscribe first then Login to view complete reports now

0.287

-0.681

11.06
2
0.766 Subscribe first then Login to view complete reports now

0.273

0.447

12.79
3
0.765 Subscribe first then Login to view complete reports now

0.221

-1.964

16.16
4
0.740 Subscribe first then Login to view complete reports now

0.296

0.098

9.87
5
0.719 BTBT - Bit Digital Inc. - Ordinary Share

0.266

-1.567

11.32
Least Correlated Non-ETF Securities:
RankHUT CCTicker Symbol - Security NameSPX CCSPX AlphaSPX Beta
1
26
0.000 Subscribe first then Login to view complete reports now

0.103

0.367

6.14
2
21
0.000 Subscribe first then Login to view complete reports now

0.416

-0.095

3.41
3
6
0.000 Subscribe first then Login to view complete reports now

0.364

-1.064

6.69
4
44
-0.001 Subscribe first then Login to view complete reports now

0.437

-0.172

2.39
5
57
-0.001 XPRO - Expro Group Holdings N.V.

0.286

-0.294

3.77
Most Anti-Correlated Non-ETF Securities:
RankHUT CCTicker Symbol - Security NameSPX CCSPX AlphaSPX Beta
1
3
-0.316 Subscribe first then Login to view complete reports now

-0.576

0.075

-0.53
2
1
-0.312 Subscribe first then Login to view complete reports now

0.115

-1.297

6.74
3
2
-0.296 Subscribe first then Login to view complete reports now

-0.336

0.069

-0.75
4
2
-0.295 Subscribe first then Login to view complete reports now

0.054

-3.995

11.51
5
2
-0.291 USDAUD - US Dollar Australian Dollar

-0.586

0.100

-0.88




 

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