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

MP Correlation Report

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Correlation Plot    ExplainYTD: MP  -0.7 %  vs. SPX  27.7 % 
MP Materials Corp.

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

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

0.217

-0.252

5.67

-2

0.0

58.3
* Last 60 market days. MP relative to SPX - S&P 500 Index
Most Correlated Non-ETF Securities:
RankMP CCTicker Symbol - Security NameSPX CCSPX AlphaSPX Beta
1
1
0.539 Subscribe first then Login to view complete reports now

0.293

-1.625

5.32
2
1
0.538 Subscribe first then Login to view complete reports now

0.358

-0.307

4.40
3
2
0.530 Subscribe first then Login to view complete reports now

0.389

-0.674

3.42
4
100
0.528 Subscribe first then Login to view complete reports now

0.313

-0.337

1.94
5
1
0.527 LYB - LyondellBasell Industries NV Ordinary Shares Class A (Netherlands)

0.302

-0.580

1.81
Least Correlated Non-ETF Securities:
RankMP CCTicker Symbol - Security NameSPX CCSPX AlphaSPX Beta
1
96
0.000 Subscribe first then Login to view complete reports now

0.511

-0.143

1.79
2
77
0.000 Subscribe first then Login to view complete reports now

0.208

-1.181

15.22
3
78
0.000 Subscribe first then Login to view complete reports now

-0.173

0.189

-2.03
4
104
0.000 Subscribe first then Login to view complete reports now

0.206

-0.284

2.09
5
249
-0.001 SIRI - SiriusXM Holdings Inc.

0.279

0.109

4.02
Most Anti-Correlated Non-ETF Securities:
RankMP CCTicker Symbol - Security NameSPX CCSPX AlphaSPX Beta
1
-0.310 Subscribe first then Login to view complete reports now

0.183

-1.905

21.81
2
4
-0.255 Subscribe first then Login to view complete reports now

-0.072

0.197

-0.86
3
-0.252 Subscribe first then Login to view complete reports now

-0.041

0.651

-2.92
4
1
-0.247 Subscribe first then Login to view complete reports now

0.624

-0.106

1.69
5
3
-0.247 STOK - Stoke Therapeutics Inc.

0.301

-0.332

5.37




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