Expand Energy Correlations

EXEEZ Stock

97.10 3.89 3.85%

The current 90-days correlation between Expand Energy and Expand Energy is -0.1 (i.e., Good diversification). The correlation of Expand 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. If the correlation is 0, the equities are not correlated; they are entirely random.

Expand Energy Correlation With Market

Good diversification

The correlation between Expand Energy and DJI is -0.2 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Expand Energy and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Expand Stock

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

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

Moving together with Expand Stock

0.7	HES	Hess	Pair Corr
0.69	FTV	Fortive Corp	Pair Corr
0.76	AA	Alcoa Corp	Pair Corr
0.61	MRK	Merck Company	Pair Corr

Moving against Expand Stock

0.59	EOG	EOG Resources	Pair Corr
0.56	BKRKF	PT Bank Rakyat	Pair Corr
0.44	MSFT	Microsoft	Pair Corr
0.38	PTAIF	PT Astra International	Pair Corr
0.35	OXY	Occidental Petroleum	Pair Corr
0.51	HPQ	HP Inc	Pair Corr
0.5	T	ATT Inc	Pair Corr
0.42	HD	Home Depot	Pair Corr

Related Correlations Analysis

	EXE	EXEEL	CQP	WDS	PBA	DVN	VG	FSLR	CVE
EXE		0.87	0.59	0.74	0.15	0.72	-0.43	0.51	0.73	EXE
EXEEL	0.87		0.68	0.6	0.25	0.79	-0.47	0.37	0.74	EXEEL
CQP	0.59	0.68		0.38	0.28	0.82	-0.37	0.37	0.39	CQP
WDS	0.74	0.6	0.38		-0.11	0.35	-0.38	0.51	0.63	WDS
PBA	0.15	0.25	0.28	-0.11		0.28	0.54	-0.38	0.35	PBA
DVN	0.72	0.79	0.82	0.35	0.28		-0.51	0.54	0.48	DVN
VG	-0.43	-0.47	-0.37	-0.38	0.54	-0.51		-0.69	-0.13	VG
FSLR	0.51	0.37	0.37	0.51	-0.38	0.54	-0.69		0.07	FSLR
CVE	0.73	0.74	0.39	0.63	0.35	0.48	-0.13	0.07		CVE
	EXE	EXEEL	CQP	WDS	PBA	DVN	VG	FSLR	CVE

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

EXEEL	+ 0.87	EXE
DVN	+ 0.82	CQP
DVN	+ 0.79	EXEEL
WDS	+ 0.74	EXE
CVE	+ 0.74	EXEEL
CVE	+ 0.73	EXE

High negative correlations

FSLR	- 0.69	VG
VG	- 0.51	DVN
VG	- 0.47	EXEEL
VG	- 0.43	EXE
FSLR	- 0.38	PBA
VG	- 0.38	WDS

Risk-Adjusted Indicators

There is a big difference between Expand Stock performing well and Expand 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 Expand 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
EXE	1.58	(0.08)	0.00	(0.02)	0.00	0.00	3.32	(3.17)	10.14
EXEEL	1.23	0.01	(0.03)	0.00	1.70	(2.73)	4.74	(3.46)	13.68
CQP	1.15	(0.03)	(0.06)	0.01	1.40	(1.23)	2.36	(2.30)	7.32
WDS	1.26	0.02	(0.01)	0.13	1.51	(1.42)	2.27	(2.17)	11.23
PBA	1.00	(0.12)	0.00	(0.33)	0.00	0.00	2.16	(2.73)	10.20
DVN	1.45	0.05	0.00	0.22	1.82	(1.55)	3.39	(2.99)	8.79
VG	3.35	(1.12)	0.00	(0.38)	0.00	0.00	4.79	(8.00)	26.18
FSLR	2.33	0.13	0.08	0.17	2.14	(2.91)	5.59	(3.58)	20.89
CVE	1.48	(0.05)	0.00	(0.10)	0.00	0.00	3.12	(3.24)	8.79

Expand Energy Corporate Management

Christopher Lacy	General VP	Profile
Colby Arnold	Investor Manager	Profile
Chris Ayres	Vice Projects	Profile
Dan Turco	Executive Commercial	Profile
Ricardo Concha	Vice Development	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