Ecovyst Correlations

ECVT Stock

USD 11.27 0.18 1.57%

The current 90-days correlation between Ecovyst and Stepan Company is 0.37 (i.e., Weak diversification). The correlation of Ecovyst 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.

Ecovyst Correlation With Market

Very poor diversification

The correlation between Ecovyst and DJI is 0.88 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Ecovyst and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Ecovyst Stock

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

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

Moving together with Ecovyst Stock

0.87	AACA	AALBERTS IND	Pair Corr
0.89	CAV	Carnavale Resources Split	Pair Corr
0.64	C9F	CHIPOTLE MEXICAN	Pair Corr
0.75	VVDH	VEOLIA ENV SP	Pair Corr
0.74	C9F	CHIPOTLE MEXICAN	Pair Corr
0.81	21L	Alphamin Resources Corp	Pair Corr
0.64	AME	Abacus Mining	Pair Corr
0.71	RMY	RAMSAY HEALTH CARE	Pair Corr
0.82	FR7	Fast Retailing	Pair Corr
0.68	CVLC	VALE N1	Pair Corr
0.84	CWN	CROWN HOLDINGS	Pair Corr
0.91	OTP	OTP Bank Nyrt Earnings Call This Week	Pair Corr
0.71	A8D	AB SCIENCE	Pair Corr
0.73	PF8	European Lithium	Pair Corr
0.71	DC	Dakota Gold Corp	Pair Corr
0.64	IE	Ivanhoe Electric Earnings Call This Week	Pair Corr
0.96	DEZ	Deutz AG	Pair Corr
0.66	2TU	Taruga Minerals	Pair Corr

Moving against Ecovyst Stock

0.77	6WX	CN LONGYUAN POWER	Pair Corr
0.73	VA7A	VERISK ANLYTCS A	Pair Corr
0.58	6RC	REPROCELL	Pair Corr
0.93	SON1	Sony Group Corp	Pair Corr
0.88	GEO	Empire Metals Limited	Pair Corr
0.83	BF5B	BROWN NON VTG Earnings Call This Week	Pair Corr
0.8	UMD	UMT United Mobility	Pair Corr
0.49	EO5	EOG RESOURCES	Pair Corr
0.33	ENT	Enterprise Metals	Pair Corr

Related Correlations Analysis

	SCL	BAK	MUX	REX	ODC	ASPI	GSM	GPRE	CNL	LWLG
SCL		0.83	0.75	0.41	0.75	-0.08	0.69	0.83	0.67	-0.37	SCL
BAK	0.83		0.92	0.55	0.88	-0.01	0.7	0.94	0.79	-0.12	BAK
MUX	0.75	0.92		0.6	0.81	0.19	0.78	0.86	0.88	-0.09	MUX
REX	0.41	0.55	0.6		0.63	-0.08	0.57	0.63	0.55	-0.12	REX
ODC	0.75	0.88	0.81	0.63		-0.16	0.56	0.93	0.67	-0.07	ODC
ASPI	-0.08	-0.01	0.19	-0.08	-0.16		0.09	-0.18	0.08	0.32	ASPI
GSM	0.69	0.7	0.78	0.57	0.56	0.09		0.72	0.77	-0.05	GSM
GPRE	0.83	0.94	0.86	0.63	0.93	-0.18	0.72		0.76	-0.07	GPRE
CNL	0.67	0.79	0.88	0.55	0.67	0.08	0.77	0.76		-0.24	CNL
LWLG	-0.37	-0.12	-0.09	-0.12	-0.07	0.32	-0.05	-0.07	-0.24		LWLG
	SCL	BAK	MUX	REX	ODC	ASPI	GSM	GPRE	CNL	LWLG

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

GPRE	+ 0.94	BAK
GPRE	+ 0.93	ODC
MUX	+ 0.92	BAK
ODC	+ 0.88	BAK
CNL	+ 0.88	MUX
GPRE	+ 0.86	MUX

High negative correlations

LWLG	- 0.37	SCL
LWLG	- 0.24	CNL
GPRE	- 0.18	ASPI
ASPI	- 0.16	ODC
LWLG	- 0.12	REX
LWLG	- 0.12	BAK

Risk-Adjusted Indicators

There is a big difference between Ecovyst Stock performing well and Ecovyst 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 Ecovyst'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
SCL	1.55	0.13	0.04	0.16	4.18	(1.53)	3.35	(2.78)	27.52
BAK	3.08	0.32	0.09	0.26	3.66	(3.36)	8.55	(5.74)	23.65
MUX	3.14	0.82	0.19	0.63	3.86	(3.55)	7.66	(6.22)	22.81
REX	1.33	0.08	0.03	0.16	1.94	(1.38)	2.77	(2.66)	12.51
ODC	1.56	0.29	0.09	0.50	2.51	(1.60)	3.22	(2.29)	15.65
ASPI	4.58	(0.08)	0.00	(0.42)	0.00	0.00	11.49	(10.23)	29.05
GSM	2.35	0.30	0.12	0.27	2.45	(2.85)	5.66	(3.61)	15.15
GPRE	2.54	0.42	0.15	0.33	2.81	(2.74)	5.84	(4.21)	19.59
CNL	3.39	1.22	0.22	(3.71)	3.83	(3.68)	10.33	(6.09)	25.04
LWLG	4.28	0.08	0.03	0.11	5.67	(4.69)	9.73	(9.16)	26.51

Ecovyst Corporate Management

Martin Craighead	Independent Director	Profile
Mark McFadden	Independent Director	Profile
Greg Brenneman	Independent Director	Profile
Christopher Behrens	Independent Director	Profile
Susan Ward	Independent Director	Profile
Colleen Donofrio	Vice Sustainability	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

2026 Macroaxis LLC