Griffon Correlations

GFF Stock

USD 75.04 1.39 1.89%

The current 90-days correlation between Griffon and Seaboard is 0.33 (i.e., Weak diversification). The correlation of Griffon 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.

Griffon Correlation With Market

Very weak diversification

The correlation between Griffon and DJI is 0.59 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Griffon and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Griffon Stock

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Griffon. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

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

Moving together with Griffon Stock

0.81	NX	Quanex Building Products	Pair Corr
0.74	AOS	Smith AO	Pair Corr
0.66	LII	Lennox International	Pair Corr
0.76	MAS	Masco	Pair Corr
0.77	APOG	Apogee Enterprises Earnings Call This Week	Pair Corr

Moving against Griffon Stock

0.68	002205	XinJiang GuoTong Pipeline	Pair Corr
0.63	600202	Harbin Air Conditioning	Pair Corr
0.45	002798	DO Home Collection	Pair Corr
0.31	MSAI	Infrared Cameras Holdings	Pair Corr
0.58	SMFL	Smart for Life	Pair Corr
0.42	600444	Sinomach General Mac	Pair Corr
0.4	68233JBD5	US68233JBD54	Pair Corr

Related Correlations Analysis

	SEB	MDU	MYRG	BRC	HAYW	VSEC	EXPO	BBU	KAI	FLY
SEB		0.47	0.42	0.63	0.31	0.22	0.77	0.16	-0.22	-0.69	SEB
MDU	0.47		0.58	0.15	0.35	0.47	0.4	-0.25	-0.61	-0.73	MDU
MYRG	0.42	0.58		0.22	0.55	0.6	0.6	0.14	-0.32	-0.49	MYRG
BRC	0.63	0.15	0.22		0.3	0.46	0.68	0.42	0.34	-0.3	BRC
HAYW	0.31	0.35	0.55	0.3		0.62	0.48	0.23	-0.01	-0.41	HAYW
VSEC	0.22	0.47	0.6	0.46	0.62		0.39	0.17	-0.02	-0.27	VSEC
EXPO	0.77	0.4	0.6	0.68	0.48	0.39		0.28	-0.07	-0.61	EXPO
BBU	0.16	-0.25	0.14	0.42	0.23	0.17	0.28		0.65	0.29	BBU
KAI	-0.22	-0.61	-0.32	0.34	-0.01	-0.02	-0.07	0.65		0.59	KAI
FLY	-0.69	-0.73	-0.49	-0.3	-0.41	-0.27	-0.61	0.29	0.59		FLY
	SEB	MDU	MYRG	BRC	HAYW	VSEC	EXPO	BBU	KAI	FLY

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

EXPO	+ 0.77	SEB
EXPO	+ 0.68	BRC
KAI	+ 0.65	BBU
BRC	+ 0.63	SEB
VSEC	+ 0.62	HAYW
VSEC	+ 0.6	MYRG

High negative correlations

FLY	- 0.73	MDU
FLY	- 0.69	SEB
FLY	- 0.61	EXPO
KAI	- 0.61	MDU
FLY	- 0.49	MYRG
FLY	- 0.41	HAYW

Risk-Adjusted Indicators

There is a big difference between Griffon Stock performing well and Griffon 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 Griffon'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
SEB	1.55	0.29	0.13	0.96	1.55	(1.63)	3.03	(3.13)	10.02
MDU	0.95	0.15	0.08	0.33	1.20	(1.00)	1.69	(2.13)	8.59
MYRG	2.08	0.06	0.04	0.09	2.37	(2.37)	4.80	(4.84)	11.62
BRC	0.97	(0.02)	(0.03)	0.03	1.24	(1.00)	1.90	(2.19)	5.11
HAYW	1.23	0.00	0.01	0.06	1.14	(1.70)	2.80	(2.18)	14.48
VSEC	1.89	0.04	0.05	0.08	1.74	(2.46)	4.45	(3.25)	8.52
EXPO	1.14	(0.02)	(0.03)	0.03	1.28	(1.25)	2.73	(1.97)	9.28
BBU	1.82	0.08	0.05	0.11	2.19	(2.04)	3.85	(3.08)	15.30
KAI	1.51	(0.14)	0.00	(0.03)	0.00	0.00	4.03	(3.52)	10.20
FLY	5.14	(0.27)	0.00	(0.03)	0.00	0.00	10.38	(12.87)	36.50

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