Eos Energy Correlations
| EOSE Stock | USD 2.70 0.19 7.57% |
The current 90-days correlation between Eos Energy Enterprises and FREYR Battery SA is -0.16 (i.e., Good diversification). The correlation of Eos Energy 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.
Eos Energy Correlation With Market
Good diversification
The correlation between Eos Energy Enterprises and DJI is -0.01 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Eos Energy Enterprises and DJI in the same portfolio, assuming nothing else is changed.
Eos |
Moving together with Eos Stock
Moving against Eos Stock
| 0.46 | FREY | FREYR Battery SA | PairCorr |
| 0.42 | XPON | Expion360 | PairCorr |
| 0.4 | BE | Bloom Energy Corp | PairCorr |
| 0.81 | XNNHQ | Xenonics Holdings | PairCorr |
| 0.5 | MVST | Microvast Holdings | PairCorr |
| 0.43 | MVSTW | Microvast Holdings | PairCorr |
| 0.39 | OPTT | Ocean Power Technologies | PairCorr |
| 0.37 | NEOV | NeoVolta Common Stock | PairCorr |
| 0.82 | TTDKY | TDK Corp ADR | PairCorr |
| 0.33 | CAPTW | Captivision Warrant | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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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Risk-Adjusted Indicators
There is a big difference between Eos Stock performing well and Eos Energy 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 Eos Energy'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| FREY | 5.57 | 0.59 | 0.25 | 0.20 | 4.67 | 13.17 | 79.43 | |||
| MVST | 12.44 | 4.12 | 0.52 | 2.06 | 5.56 | 13.56 | 358.33 | |||
| DFLI | 3.65 | (0.36) | 0.00 | (0.10) | 0.00 | 7.21 | 37.66 | |||
| SLDP | 2.50 | (0.52) | 0.00 | (0.20) | 0.00 | 6.60 | 19.18 | |||
| PLUG | 4.30 | 0.09 | (0.02) | (0.02) | 5.62 | 9.80 | 41.92 | |||
| FCEL | 5.00 | (0.35) | 0.00 | 0.90 | 0.00 | 11.61 | 35.77 | |||
| ENVX | 4.33 | (0.34) | (0.02) | 0.01 | 5.45 | 9.59 | 34.07 |
Eos Energy Corporate Management
| Michelle Buczkowski | SVP Resources | Profile | |
| Tracey Czajak | VP HR | Profile | |
| Marshall Chapin | Chief Officer | Profile | |
| Joseph Mastrangelo | CEO Director | Profile | |
| Nathan CPA | Chief Officer | Profile | |
| Jared Ehm | Financial Leader | Profile |