Last Update: 16-Jan-2021, 06:40 CST

MCF Correlation Report

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Correlation Plot    ExplainYTD: MCF  32.8 %  vs. SPX  0.3 % 
Contango Oil Gas Company (TX)

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

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

0.219

1.379

6.83

10

-1.0

61.7
* Last 60 market days. MCF relative to SPX - S&P 500 Index
Most Correlated Non-ETF Securities:
RankMCF CCTicker Symbol - Security NameSPX CCSPX AlphaSPX Beta
1
0.614 Subscribe first then Login to view complete reports now

0.018

-0.155

7.78
2
0.530 Subscribe first then Login to view complete reports now

0.559

0.180

2.11
3
2
0.530 Subscribe first then Login to view complete reports now

0.407

-0.324

2.41
4
1
0.516 Subscribe first then Login to view complete reports now

0.379

0.708

3.10
5
3
0.511 NBLX - Noble Midstream Partners LP Units Representing Limited Partner Interests

0.460

0.015

3.57
Least Correlated Non-ETF Securities:
RankMCF CCTicker Symbol - Security NameSPX CCSPX AlphaSPX Beta
1
5
0.000 Subscribe first then Login to view complete reports now

-0.028

1.689

-5.58
2
15
0.000 Subscribe first then Login to view complete reports now

0.163

-0.395

3.34
3
21
0.000 Subscribe first then Login to view complete reports now

0.521

0.095

2.01
4
77
0.000 Subscribe first then Login to view complete reports now

0.065

-0.151

4.53
5
144
-0.001 ENG - ENGlobal Corporation

0.148

-1.217

9.08
Most Anti-Correlated Non-ETF Securities:
RankMCF CCTicker Symbol - Security NameSPX CCSPX AlphaSPX Beta
1
-0.390 Subscribe first then Login to view complete reports now

0.179

0.381

2.41
2
1
-0.309 Subscribe first then Login to view complete reports now

0.214

0.102

3.54
3
2
-0.303 Subscribe first then Login to view complete reports now

0.265

0.552

3.93
4
2
-0.300 Subscribe first then Login to view complete reports now

0.211

-0.458

6.05
5
3
-0.289 BABA - Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share

0.113

-0.651

2.92




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