Marex Group Correlations

MRX Stock

27.96 0.07 0.25%

The current 90-days correlation between Marex Group plc and RLX Technology is 0.08 (i.e., Significant diversification). The correlation of Marex Group is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.

Marex Group Correlation With Market

Average diversification

The correlation between Marex Group plc and DJI is 0.16 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Marex Group plc and DJI in the same portfolio, assuming nothing else is changed.

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marex Group plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Moving together with Marex Stock

0.87	V	Visa Class A Sell-off Trend	Pair Corr
0.84	DIST	Distoken Acquisition	Pair Corr
0.87	LC	LendingClub Corp	Pair Corr
0.76	MA	Mastercard	Pair Corr
0.85	MS	Morgan Stanley Fiscal Year End 21st of January 2025	Pair Corr
0.69	QD	Qudian Inc	Pair Corr
0.84	ENVA	Enova International	Pair Corr
0.64	FDUS	Fidus Investment Corp	Pair Corr
0.77	AGM	Federal Agricultural	Pair Corr
0.81	AMP	Ameriprise Financial Fiscal Year End 22nd of January 2025	Pair Corr
0.7	AXP	American Express Fiscal Year End 24th of January 2025	Pair Corr
0.87	COF	Capital One Financial Fiscal Year End 23rd of January 2025	Pair Corr
0.82	FRHC	Freedom Holding Corp	Pair Corr
0.71	GREE	Greenidge Generation	Pair Corr
0.71	IREN	Iris Energy	Pair Corr

Moving against Marex Stock

0.83	WU	Western Union	Pair Corr
0.68	PT	Pintec Technology	Pair Corr
0.68	FCFS	FirstCash	Pair Corr
0.54	RM	Regional Management Corp	Pair Corr
0.78	ORGN	Origin Materials	Pair Corr
0.6	GROW	US Global Investors	Pair Corr
0.49	MCVT	Mill City Ventures	Pair Corr
0.48	AIHS	Senmiao Technology	Pair Corr
0.41	RAND	Rand Capital Corp	Pair Corr

Related Correlations Analysis

	RLX	HCM	JUTOY	WEST	MMSI	TAP	TNDM	SAM
RLX		0.15	0.05	-0.23	-0.23	-0.17	0.36	-0.35	RLX
HCM	0.15		0.56	-0.51	-0.37	-0.13	-0.25	0.12	HCM
JUTOY	0.05	0.56		-0.75	0.31	0.41	-0.62	0.51	JUTOY
WEST	-0.23	-0.51	-0.75		-0.23	-0.27	0.37	-0.14	WEST
MMSI	-0.23	-0.37	0.31	-0.23		0.75	-0.47	0.55	MMSI
TAP	-0.17	-0.13	0.41	-0.27	0.75		-0.68	0.81	TAP
TNDM	0.36	-0.25	-0.62	0.37	-0.47	-0.68		-0.87	TNDM
SAM	-0.35	0.12	0.51	-0.14	0.55	0.81	-0.87		SAM
	RLX	HCM	JUTOY	WEST	MMSI	TAP	TNDM	SAM

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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

SAM	+ 0.81	TAP
TAP	+ 0.75	MMSI
JUTOY	+ 0.56	HCM
SAM	+ 0.55	MMSI
SAM	+ 0.51	JUTOY
TAP	+ 0.41	JUTOY

High negative correlations

SAM	- 0.87	TNDM
WEST	- 0.75	JUTOY
TNDM	- 0.68	TAP
TNDM	- 0.62	JUTOY
WEST	- 0.51	HCM
TNDM	- 0.47	MMSI

Risk-Adjusted Indicators

There is a big difference between Marex Stock performing well and Marex Group 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 Marex Group'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
RLX	2.48	0.13	0.01	(0.93)	3.20	(2.95)	6.55	(6.67)	18.88
HCM	2.30	(0.16)	0.00	(0.21)	0.00	0.00	5.31	(5.01)	12.71
JUTOY	0.94	0.22	0.00	(0.32)	0.00	0.00	4.10	0.00	22.77
WEST	2.66	(0.43)	0.00	(0.30)	0.00	0.00	5.57	(6.23)	17.90
MMSI	0.88	0.17	0.13	0.39	0.69	(0.96)	2.11	(1.23)	6.42
TAP	1.07	0.16	0.09	0.54	1.00	(1.20)	2.95	(1.84)	7.56
TNDM	2.43	(0.82)	0.00	(0.49)	0.00	0.00	4.24	(7.17)	13.13
SAM	1.33	0.14	0.05	0.49	1.57	(1.32)	2.83	(2.65)	6.57

Marex Group Corporate Management

Mahesh Vittal	Chief Americas	Profile
Harvey Moses	Head Development	Profile
Ann Bull	Group Compliance	Profile
Graham Francis	Group Officer	Profile
Robert Coates	Head Relations	Profile
Liz Barrett	Group HR	Profile
Michael Dugan	Chief Officer	Profile

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