Sterling Construction Correlations

STRL Stock

USD 250.95 0.26 0.10%

The current 90-days correlation between Sterling Construction and Primoris Services is 0.62 (i.e., Poor diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Sterling Construction moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sterling Construction moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Sterling Construction Correlation With Market

Very weak diversification

The correlation between Sterling Construction and DJI is 0.43 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Sterling Construction and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Sterling Stock

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sterling Construction. 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 Sterling Stock please use our How to buy in Sterling Stock guide.

Moving together with Sterling Stock

0.92	J	Jacobs Solutions	Pair Corr
0.94	DY	Dycom Industries	Pair Corr
0.94	WLDN	Willdan Group	Pair Corr
0.82	ACA	Arcosa Inc	Pair Corr
0.94	ACM	Aecom Technology	Pair Corr
0.84	AGX	Argan Inc	Pair Corr
0.97	APG	Api Group Corp	Pair Corr
0.94	ECG	Everus Construction	Pair Corr
0.97	EME	EMCOR Group Earnings Call This Week	Pair Corr
0.97	FIX	Comfort Systems USA Earnings Call This Week	Pair Corr
0.95	FLR	Fluor	Pair Corr
0.95	GVA	Granite Construction	Pair Corr
0.94	LMB	Limbach Holdings	Pair Corr
0.96	MTZ	MasTec Inc	Pair Corr
0.88	ORN	Orion Group Holdings Earnings Call This Week	Pair Corr
0.97	PWR	Quanta Services	Pair Corr
0.87	TIC	Acuren	Pair Corr
0.97	TPC	Tutor Perini	Pair Corr
0.85	GLDD	Great Lakes Dredge	Pair Corr
0.64	ZDAI	Primega Group Holdings Symbol Change	Pair Corr
0.97	IESC	IES Holdings	Pair Corr
0.9	MTRX	Matrix Service	Pair Corr
0.96	MYRG	MYR Group	Pair Corr
0.89	NVEE	NV5 Global	Pair Corr
0.96	PRIM	Primoris Services	Pair Corr
0.89	ROAD	Construction Partners	Pair Corr
0.94	AMRC	Ameresco	Pair Corr
0.66	SHIM	Shimmick Common	Pair Corr
0.93	SLND	Southland Holdings	Pair Corr

Moving against Sterling Stock

0.9	FGL	Founder Group Limited	Pair Corr
0.73	EXPO	Exponent Earnings Call This Week	Pair Corr
0.73	WLGS	Wang Lee Group,	Pair Corr
0.62	VATE	Innovate Corp	Pair Corr
0.72	SKK	PROSHARES ULTRASHORT	Pair Corr
0.56	SKBL	Skyline Builders	Pair Corr

Related Correlations Analysis

	EME	FIX	PRIM	GVA	ROAD	MYRG	TPC	MTRX	APG	GLDD
EME		0.97	0.98	0.96	0.88	0.96	0.96	0.91	0.95	0.81	EME
FIX	0.97		0.96	0.98	0.95	0.97	0.96	0.89	0.99	0.9	FIX
PRIM	0.98	0.96		0.94	0.9	0.97	0.95	0.91	0.95	0.82	PRIM
GVA	0.96	0.98	0.94		0.94	0.93	0.96	0.83	0.96	0.89	GVA
ROAD	0.88	0.95	0.9	0.94		0.93	0.92	0.79	0.96	0.95	ROAD
MYRG	0.96	0.97	0.97	0.93	0.93		0.93	0.93	0.98	0.88	MYRG
TPC	0.96	0.96	0.95	0.96	0.92	0.93		0.84	0.96	0.89	TPC
MTRX	0.91	0.89	0.91	0.83	0.79	0.93	0.84		0.88	0.76	MTRX
APG	0.95	0.99	0.95	0.96	0.96	0.98	0.96	0.88		0.92	APG
GLDD	0.81	0.9	0.82	0.89	0.95	0.88	0.89	0.76	0.92		GLDD
	EME	FIX	PRIM	GVA	ROAD	MYRG	TPC	MTRX	APG	GLDD

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 Sterling Stock performing well and Sterling Construction 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 Sterling Construction'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
EME	1.31	0.44	0.27	0.51	1.20	(1.56)	3.84	(1.97)	7.37
FIX	1.58	0.52	0.30	0.51	1.25	(1.83)	4.51	(2.60)	8.48
PRIM	1.88	0.51	0.23	0.57	1.81	(2.16)	3.82	(2.94)	14.43
GVA	1.00	0.19	0.15	0.37	0.71	(1.21)	2.26	(1.36)	5.35
ROAD	2.02	0.30	0.15	0.35	2.07	(2.26)	4.65	(4.31)	10.85
MYRG	1.63	0.70	0.45	0.79	0.78	(2.01)	3.33	(2.33)	22.62
TPC	2.16	1.12	0.59	0.84	1.15	(2.82)	4.37	(2.20)	28.61
MTRX	1.98	0.32	0.13	0.35	2.31	(2.04)	4.05	(3.36)	20.28
APG	1.17	0.47	0.32	0.64	0.66	(1.34)	3.63	(2.15)	9.38
GLDD	1.73	0.22	0.12	0.35	1.66	(2.04)	3.76	(2.95)	11.90

Sterling Construction Corporate Executives

Elected by the shareholders, the Sterling Construction's board of directors comprises two types of representatives: Sterling Construction inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Sterling. The board's role is to monitor Sterling Construction's management team and ensure that shareholders' interests are well served. Sterling Construction's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Sterling Construction's outside directors are responsible for providing unbiased perspectives on the board's policies.

	Sharon Villaverde	CFO Officer	Profile
	Ronald Ballschmiede	CFO and Executive VP	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