Regal Beloit Correlations

RRX Stock

USD 132.19 2.29 1.76%

The current 90-days correlation between Regal Beloit and IDEX Corporation is 0.6 (i.e., Poor diversification). The correlation of Regal Beloit 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.

Regal Beloit Correlation With Market

Poor diversification

The correlation between Regal Beloit and DJI is 0.66 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Regal Beloit and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Regal Stock

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Regal Beloit. 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.

For more information on how to buy Regal Stock please use our How to Invest in Regal Beloit guide.

Moving together with Regal Stock

0.9	BW	Babcock Wilcox Enter	Pair Corr
0.85	CR	Crane Company	Pair Corr
0.88	HI	Hillenbrand	Pair Corr
0.93	IR	Ingersoll Rand	Pair Corr
0.91	PH	Parker Hannifin	Pair Corr
0.68	MKDWW	MKDWELL Tech Warrants	Pair Corr
0.76	EPAC	Enerpac Tool Group	Pair Corr
0.74	FELE	Franklin Electric	Pair Corr
0.86	AME	Ametek Inc	Pair Corr
0.76	ATS	ATS Corporation	Pair Corr
0.9	CMI	Cummins	Pair Corr
0.71	CVV	CVD Equipment	Pair Corr
0.95	CXT	Crane NXT	Pair Corr
0.85	DCI	Donaldson	Pair Corr
0.91	DOV	Dover	Pair Corr
0.96	EMR	Emerson Electric	Pair Corr
0.8	ETN	Eaton PLC	Pair Corr
0.92	FLS	Flowserve	Pair Corr
0.72	GGG	Graco Inc	Pair Corr
0.83	GHM	Graham	Pair Corr
0.81	GRC	Gorman Rupp	Pair Corr
0.96	IEX	IDEX	Pair Corr
0.84	ITT	ITT Inc	Pair Corr
0.73	ITW	Illinois Tool Works	Pair Corr
0.78	KAI	Kadant Inc	Pair Corr
0.74	MIR	Mirion Technologies	Pair Corr
0.87	XMTR	Xometry	Pair Corr
0.88	NNE	Nano Nuclear Energy	Pair Corr
0.91	NPO	Enpro Industries	Pair Corr
0.87	PNR	Pentair PLC	Pair Corr
0.84	ROK	Rockwell Automation Buyout Trend	Pair Corr
0.8	SMR	Nuscale Power Corp Downward Rally	Pair Corr
0.85	SXI	Standex International	Pair Corr

Moving against Regal Stock

0.61

HCAI

Hauchen AI Parking

Pair Corr

Related Correlations Analysis

	IEX	WTS	DCI	GRC	EPAC	FELE	CR	GGG	ITT	MIDD
IEX		0.65	0.87	0.84	0.77	0.77	0.82	0.74	0.83	0.87	IEX
WTS	0.65		0.85	0.86	0.57	0.58	0.7	0.77	0.83	0.56	WTS
DCI	0.87	0.85		0.91	0.8	0.79	0.77	0.86	0.84	0.82	DCI
GRC	0.84	0.86	0.91		0.76	0.79	0.78	0.87	0.82	0.79	GRC
EPAC	0.77	0.57	0.8	0.76		0.9	0.76	0.91	0.53	0.94	EPAC
FELE	0.77	0.58	0.79	0.79	0.9		0.63	0.87	0.52	0.95	FELE
CR	0.82	0.7	0.77	0.78	0.76	0.63		0.78	0.83	0.77	CR
GGG	0.74	0.77	0.86	0.87	0.91	0.87	0.78		0.66	0.86	GGG
ITT	0.83	0.83	0.84	0.82	0.53	0.52	0.83	0.66		0.61	ITT
MIDD	0.87	0.56	0.82	0.79	0.94	0.95	0.77	0.86	0.61		MIDD
	IEX	WTS	DCI	GRC	EPAC	FELE	CR	GGG	ITT	MIDD

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Please upgrade your account to get full access to Macroaxis premium features

Risk-Adjusted Indicators

There is a big difference between Regal Stock performing well and Regal Beloit 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 Regal Beloit'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
IEX	1.43	(0.17)	0.00	(0.28)	0.00	0.00	3.54	(3.67)	11.25
WTS	1.60	0.19	0.09	0.06	1.90	(1.72)	2.68	(2.81)	13.89
DCI	1.27	0.05	0.00	(0.06)	0.00	0.00	2.22	(2.44)	11.07
GRC	1.50	0.10	0.00	(0.02)	0.00	0.00	2.47	(3.28)	12.21
EPAC	1.89	(0.10)	0.00	1.68	0.00	0.00	3.08	(3.37)	16.25
FELE	1.44	(0.22)	0.00	1.64	0.00	0.00	2.71	(2.67)	12.33
CR	1.85	(0.01)	0.04	0.09	2.49	(2.04)	3.90	(4.11)	16.22
GGG	1.18	(0.03)	0.00	(1.37)	0.00	0.00	2.31	(2.26)	9.21
ITT	1.75	0.12	0.00	(0.03)	0.00	0.00	3.57	(3.99)	14.24
MIDD	1.76	(0.34)	0.00	2.00	0.00	0.00	2.77	(4.57)	23.04

Regal Beloit Corporate Management

Michael Hilton	Independent Director	Profile
Jan Bertsch	Independent Director	Profile
Timothy Dickson	Senior Officer	Profile
Daniel Klun	Vice President Corporate Controller	Profile
Robert Barry	Vice Relations	Profile

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2025 Macroaxis LLC