Teucrium Corn Correlations
| CORN Etf | USD 17.43 0.11 0.64% |
The current 90-days correlation between Teucrium Corn and YieldMax BABA Option is -0.16 (i.e., Good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Teucrium Corn moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Teucrium Corn moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Teucrium Corn Correlation With Market
Very good diversification
The correlation between Teucrium Corn and DJI is -0.4 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Teucrium Corn and DJI in the same portfolio, assuming nothing else is changed.
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Moving against Teucrium Etf
| 0.65 | SLV | iShares Silver Trust Aggressive Push | PairCorr |
| 0.65 | SIVR | abrdn Physical Silver | PairCorr |
| 0.63 | GLTR | abrdn Physical Precious | PairCorr |
| 0.63 | IYE | iShares Energy ETF | PairCorr |
| 0.61 | GLDM | SPDR Gold Mini | PairCorr |
| 0.61 | SGOL | abrdn Physical Gold | PairCorr |
| 0.61 | IAUM | iShares Gold Trust | PairCorr |
| 0.6 | GLD | SPDR Gold Shares Aggressive Push | PairCorr |
| 0.6 | IAU | iShares Gold Trust | PairCorr |
| 0.57 | FTF | Franklin Templeton | PairCorr |
| 0.55 | ILF | iShares Latin America | PairCorr |
| 0.54 | QLTI | 2023 ETF | PairCorr |
| 0.47 | IGA | Voya Global Advantage | PairCorr |
| 0.46 | EOI | Eaton Vance Enhanced | PairCorr |
| 0.46 | LITL | Simplify Exchange Traded Potential Growth | PairCorr |
| 0.44 | EWH | iShares MSCI Hong | PairCorr |
| 0.34 | USO | United States Oil | PairCorr |
| 0.71 | CVX | Chevron Corp Earnings Call This Week | PairCorr |
| 0.69 | XOM | Exxon Mobil Corp Earnings Call This Week | PairCorr |
| 0.59 | JNJ | Johnson Johnson | PairCorr |
| 0.58 | WMT | Walmart Common Stock | PairCorr |
| 0.57 | IWD | iShares Russell 1000 | PairCorr |
| 0.56 | CAT | Caterpillar Earnings Call Tomorrow | PairCorr |
| 0.45 | MRK | Merck Company Earnings Call This Week | PairCorr |
| 0.41 | HD | Home Depot | PairCorr |
| 0.35 | DD | Dupont De Nemours | PairCorr |
Related Correlations Analysis
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
| High negative correlations
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Teucrium Corn Constituents Risk-Adjusted Indicators
There is a big difference between Teucrium Etf performing well and Teucrium Corn ETF 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 Teucrium Corn'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| META | 1.44 | (0.12) | 0.00 | (1.43) | 0.00 | 3.16 | 13.02 | |||
| MSFT | 1.05 | (0.13) | 0.00 | 0.63 | 0.00 | 1.78 | 4.90 | |||
| UBER | 1.45 | (0.23) | 0.00 | (0.24) | 0.00 | 2.60 | 10.23 | |||
| F | 1.47 | 0.11 | 0.09 | 0.15 | 1.32 | 3.65 | 16.30 | |||
| T | 0.88 | (0.17) | 0.00 | (0.41) | 0.00 | 1.53 | 4.30 | |||
| A | 1.19 | (0.19) | 0.00 | (0.08) | 0.00 | 2.90 | 7.85 | |||
| CRM | 1.43 | (0.23) | 0.00 | (0.16) | 0.00 | 2.94 | 12.37 | |||
| JPM | 1.11 | (0.06) | (0.02) | 0.03 | 1.66 | 2.00 | 7.38 | |||
| MRK | 1.24 | 0.28 | 0.19 | 0.47 | 1.13 | 3.59 | 8.09 | |||
| XOM | 1.07 | 0.27 | 0.17 | 4.15 | 0.96 | 2.38 | 5.82 |