Gevo Correlations

GEVO Stock

USD 1.63 0.08 4.68%

The current 90-days correlation between Gevo Inc and REX American Resources is 0.33 (i.e., Weak diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Gevo moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Gevo Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Gevo Correlation With Market

Modest diversification

The correlation between Gevo Inc and DJI is 0.25 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Gevo Inc and DJI in the same portfolio, assuming nothing else is changed.

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gevo Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

Moving together with Gevo Stock

0.8	DD	Dupont De Nemours Fiscal Year End 4th of February 2025	Pair Corr
0.75	APD	Air Products Fiscal Year End 5th of November 2024	Pair Corr
0.83	CBT	Cabot Fiscal Year End 4th of November 2024	Pair Corr
0.74	ECL	Ecolab Inc	Pair Corr
0.89	EMN	Eastman Chemical	Pair Corr
0.79	FSI	Flexible Solutions	Pair Corr
0.76	IFF	International Flavors	Pair Corr
0.77	LIN	Linde plc Ordinary	Pair Corr
0.78	PRM	Perimeter Solutions	Pair Corr
0.7	RPM	RPM International Earnings Call This Week	Pair Corr
0.69	SHW	Sherwin Williams Fiscal Year End 23rd of January 2025	Pair Corr
0.82	TSE	Trinseo SA	Pair Corr

Moving against Gevo Stock

0.77	FEAM	5E Advanced Materials	Pair Corr
0.47	ECVT	Ecovyst	Pair Corr
0.4	DNMR	Danimer Scientific	Pair Corr
0.34	CC	Chemours	Pair Corr
0.33	ASH	Ashland Global Holdings Fiscal Year End 13th of November 2024	Pair Corr
0.49	OEC	Orion Engineered Carbons	Pair Corr
0.34	MTX	Minerals Technologies	Pair Corr
0.55	HGAS	Global Gas Symbol Change	Pair Corr
0.55	MACE	Mace Security Intl	Pair Corr
0.45	NTIC	Northern Technologies Fiscal Year End 19th of November 2024	Pair Corr
0.4	SSL	Sasol	Pair Corr
0.37	IOSP	Innospec	Pair Corr

Related Correlations Analysis

	REX	AXTA	AVTR	FF	SQM	ALB	LIN	APD	EMN	ESI
REX		0.4	0.03	0.14	0.19	0.31	-0.08	-0.05	0.24	0.35	REX
AXTA	0.4		0.33	0.4	0.22	0.3	0.63	0.53	0.83	0.28	AXTA
AVTR	0.03	0.33		0.54	-0.62	-0.53	0.79	0.79	0.53	-0.66	AVTR
FF	0.14	0.4	0.54		-0.24	-0.33	0.7	0.41	0.37	-0.17	FF
SQM	0.19	0.22	-0.62	-0.24		0.89	-0.31	-0.39	0.15	0.88	SQM
ALB	0.31	0.3	-0.53	-0.33	0.89		-0.3	-0.4	0.19	0.82	ALB
LIN	-0.08	0.63	0.79	0.7	-0.31	-0.3		0.84	0.75	-0.36	LIN
APD	-0.05	0.53	0.79	0.41	-0.39	-0.4	0.84		0.7	-0.53	APD
EMN	0.24	0.83	0.53	0.37	0.15	0.19	0.75	0.7		0.07	EMN
ESI	0.35	0.28	-0.66	-0.17	0.88	0.82	-0.36	-0.53	0.07		ESI
	REX	AXTA	AVTR	FF	SQM	ALB	LIN	APD	EMN	ESI

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Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations

ALB	+ 0.89	SQM
ESI	+ 0.88	SQM
APD	+ 0.84	LIN
EMN	+ 0.83	AXTA
ESI	+ 0.82	ALB
LIN	+ 0.79	AVTR

High negative correlations

ESI	- 0.66	AVTR
SQM	- 0.62	AVTR
ESI	- 0.53	APD
ALB	- 0.53	AVTR
APD	- 0.4	ALB
APD	- 0.39	SQM

Risk-Adjusted Indicators

There is a big difference between Gevo Stock performing well and Gevo Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Gevo's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
REX	1.81	(0.10)	(0.02)	0.04	2.37	(1.87)	3.41	(4.58)	10.67
AXTA	1.21	0.01	0.02	0.12	1.48	(1.23)	2.78	(2.83)	6.77
AVTR	1.74	0.10	0.08	0.18	1.65	(2.00)	3.41	(3.25)	15.58
FF	1.97	0.03	0.02	0.13	2.35	(2.50)	3.05	(3.75)	21.88
SQM	2.20	(0.24)	(0.04)	0.00	2.68	(2.20)	4.19	(3.94)	13.46
ALB	2.84	(0.27)	(0.03)	0.00	3.66	(2.95)	7.11	(6.79)	17.87
LIN	0.63	0.05	0.02	0.18	0.79	(0.68)	1.34	(1.40)	4.20
APD	1.12	0.17	0.06	0.63	1.32	(1.23)	1.90	(1.91)	10.95
EMN	1.25	0.05	0.07	0.15	1.35	(1.33)	3.02	(2.33)	7.84
ESI	1.45	(0.16)	(0.05)	0.01	1.99	(1.43)	3.16	(3.44)	7.57

Gevo Corporate Management

David George	Senior Tracking	Profile
Prof Liao	CoFounder	Profile
Eric Frey	Vice Relations	Profile
Damien Perriman	Chief Officer	Profile
Heather Manuel	Vice Communications	Profile

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