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Last Update: 09-Oct-2024, 18:01 CST

NWE Correlation Report

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Correlation Plot    ExplainYTD: NWE  10.0 %  vs. SPX  21.4 % 
NorthWestern Energy Group Inc.

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

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

0.260

-0.133

0.87

-10

1.6

46.7
* Last 60 market days. NWE relative to SPX - S&P 500 Index
Most Correlated Non-ETF Securities:
RankNWE CCTicker Symbol - Security NameSPX CCSPX AlphaSPX Beta
1
0.736 Subscribe first then Login to view complete reports now

0.220

-0.068

0.78
2
0.649 Subscribe first then Login to view complete reports now

0.151

-0.094

0.97
3
0.624 Subscribe first then Login to view complete reports now

-0.163

0.197

-0.73
4
1
0.608 Subscribe first then Login to view complete reports now

0.571

-0.198

1.58
5
1
0.604 PMT - PennyMac Mortgage Investment Trust

0.597

-0.035

0.98
Least Correlated Non-ETF Securities:
RankNWE CCTicker Symbol - Security NameSPX CCSPX AlphaSPX Beta
1
440
0.000 Subscribe first then Login to view complete reports now

0.760

0.078

1.73
2
26
0.000 Subscribe first then Login to view complete reports now

0.203

-0.556

3.41
3
341
0.000 Subscribe first then Login to view complete reports now

0.569

-0.850

3.61
4
319
-0.001 Subscribe first then Login to view complete reports now

0.741

-0.443

2.85
5
156
0.001 TIGR - UP Fintech Holding Limited - ADR representing fifteen Class A Ordinary Shares

0.225

-0.791

6.03
Most Anti-Correlated Non-ETF Securities:
RankNWE CCTicker Symbol - Security NameSPX CCSPX AlphaSPX Beta
1
13
-0.336 Subscribe first then Login to view complete reports now

-0.040

-3.037

-6.78
2
-0.329 Subscribe first then Login to view complete reports now

-0.345

0.098

-0.42
3
2
-0.316 Subscribe first then Login to view complete reports now

0.356

-0.070

0.52
4
1
-0.315 Subscribe first then Login to view complete reports now

-0.051

0.032

-0.35
5
-0.309 USDJPY - US Dollar Japan Yen

0.265

-0.185

0.82




 

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