GrafTech International Correlations

EAF Stock

USD 16.42 0.91 5.87%

The current 90-days correlation between GrafTech International and Plug Power is 0.51 (i.e., Very weak diversification). The correlation of GrafTech International 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.

GrafTech International Correlation With Market

Good diversification

The correlation between GrafTech International and DJI is -0.06 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding GrafTech International and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with GrafTech Stock

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in GrafTech International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

For more detail on how to invest in GrafTech Stock please use our How to Invest in GrafTech International guide.

Moving against GrafTech Stock

0.57	603045	Fuda Alloy Materials	Pair Corr
0.49	603115	Nantong Haixing Elec	Pair Corr
0.38	301439	Weihai Honglin Electronic	Pair Corr
0.34	300207	Sunwoda Electronic	Pair Corr
0.33	600110	Nuode Investment	Pair Corr
0.77	BKRKY	Bank Rakyat	Pair Corr
0.75	PBCRY	Bank Central Asia	Pair Corr
0.53	CICOY	COSCO SHIPPING Holdings	Pair Corr
0.43	TLK	Telkom Indonesia Tbk	Pair Corr

Related Correlations Analysis

	PLUG	HAYW	EOSE	FLY	KFY	AMPX	SEB	MYRG	BRC	SPR
PLUG		-0.37	0.54	0.76	0.58	0.68	-0.82	-0.52	-0.62	-0.79	PLUG
HAYW	-0.37		0.03	-0.35	-0.34	0.03	0.27	0.51	0.31	0.35	HAYW
EOSE	0.54	0.03		0.16	0.08	0.83	-0.52	0.1	-0.48	-0.26	EOSE
FLY	0.76	-0.35	0.16		0.67	0.24	-0.65	-0.37	-0.27	-0.77	FLY
KFY	0.58	-0.34	0.08	0.67		0.09	-0.36	-0.47	0.13	-0.64	KFY
AMPX	0.68	0.03	0.83	0.24	0.09		-0.7	-0.16	-0.66	-0.4	AMPX
SEB	-0.82	0.27	-0.52	-0.65	-0.36	-0.7		0.39	0.66	0.72	SEB
MYRG	-0.52	0.51	0.1	-0.37	-0.47	-0.16	0.39		0.28	0.54	MYRG
BRC	-0.62	0.31	-0.48	-0.27	0.13	-0.66	0.66	0.28		0.3	BRC
SPR	-0.79	0.35	-0.26	-0.77	-0.64	-0.4	0.72	0.54	0.3		SPR
	PLUG	HAYW	EOSE	FLY	KFY	AMPX	SEB	MYRG	BRC	SPR

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

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

AMPX	+ 0.83	EOSE
FLY	+ 0.76	PLUG
SPR	+ 0.72	SEB
AMPX	+ 0.68	PLUG
KFY	+ 0.67	FLY
BRC	+ 0.66	SEB

High negative correlations

SEB	- 0.82	PLUG
SPR	- 0.79	PLUG
SPR	- 0.77	FLY
SEB	- 0.7	AMPX
BRC	- 0.66	AMPX
SEB	- 0.65	FLY

Risk-Adjusted Indicators

There is a big difference between GrafTech Stock performing well and GrafTech International 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 GrafTech International'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
PLUG	4.15	(0.62)	0.00	1.65	0.00	0.00	7.91	(9.52)	25.25
HAYW	1.23	0.03	(0.02)	0.21	1.19	(1.83)	2.80	(2.18)	14.48
EOSE	5.81	0.25	0.03	(1.18)	6.04	(7.29)	13.18	(9.73)	38.85
FLY	5.21	0.06	0.00	0.41	6.24	(5.95)	10.38	(12.87)	36.50
KFY	1.07	(0.10)	0.00	1.40	0.00	0.00	2.18	(2.09)	7.59
AMPX	5.29	(0.27)	0.00	0.88	0.00	0.00	10.77	(10.77)	29.24
SEB	1.54	0.37	0.14	(1.43)	1.48	(1.66)	3.03	(3.13)	10.02
MYRG	2.12	0.32	0.08	(0.87)	2.33	(2.51)	4.80	(4.84)	11.62
BRC	0.98	0.14	0.05	(0.71)	1.08	(1.10)	2.36	(1.89)	5.11
SPR	4.63	(1.90)	0.00	0.52	0.00	0.00	2.29	(4.18)	105.17

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

2026 Macroaxis LLC