Huntsman Correlations

HUN Stock

USD 12.89 0.51 4.12%

The current 90-days correlation between Huntsman and Braskem SA Class is 0.36 (i.e., Weak diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Huntsman moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Huntsman moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Huntsman Correlation With Market

Very poor diversification

The correlation between Huntsman and DJI is 0.82 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Huntsman and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Huntsman Stock

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

To learn how to invest in Huntsman Stock, please use our How to Invest in Huntsman guide.

Moving together with Huntsman Stock

0.94	CC	Chemours	Pair Corr
0.85	DD	Dupont De Nemours	Pair Corr
0.95	EMN	Eastman Chemical	Pair Corr
0.69	LXU	Lsb Industries	Pair Corr
0.72	SSL	Sasol	Pair Corr
0.77	AKE	Arkema SA	Pair Corr
0.76	ATCOL	Atlas Corp	Pair Corr
0.9	TKR	Timken Company	Pair Corr
0.84	PLOW	Douglas Dynamics	Pair Corr
0.76	ORINY	Orion Oyj ADR	Pair Corr
0.72	DTE	DTE Energy	Pair Corr
0.77	AFGE	American Financial	Pair Corr
0.88	VALE	Vale SA ADR	Pair Corr
0.61	PUTRY	PTT PCL ADR	Pair Corr
0.92	MARUY	Marubeni Corp ADR	Pair Corr
0.64	AUSDF	Perenti Global	Pair Corr
0.87	WTFC	Wintrust Financial	Pair Corr
0.82	MCCK	Mestek Inc	Pair Corr
0.91	GWW	WW Grainger	Pair Corr
0.85	GEL	Genesis Energy LP	Pair Corr
0.66	CTRE	CareTrust REIT	Pair Corr
0.68	BYM	BlackRock Municipal	Pair Corr
0.79	GOLD	Gold Inc Symbol Change	Pair Corr
0.81	CW	Curtiss Wright	Pair Corr

Moving against Huntsman Stock

0.87	GCMGW	GCM Grosvenor	Pair Corr
0.74	MAPSW	WM Technology	Pair Corr
0.74	NTNX	Nutanix	Pair Corr
0.63	ADVWW	Advantage Solutions	Pair Corr
0.47	PCTTW	PureCycle Technologies	Pair Corr

Related Correlations Analysis

	BAK	CC	IPX	ASPI	SVM	VZLA	TGB	KALU	LAC	CRML
BAK		0.9	0.66	-0.08	0.81	-0.43	0.91	0.78	-0.05	0.36	BAK
CC	0.9		0.53	-0.17	0.72	-0.56	0.87	0.83	-0.13	0.28	CC
IPX	0.66	0.53		0.55	0.83	0.28	0.74	0.67	0.52	0.85	IPX
ASPI	-0.08	-0.17	0.55		0.2	0.8	-0.05	-0.01	0.88	0.83	ASPI
SVM	0.81	0.72	0.83	0.2		-0.09	0.86	0.73	0.22	0.56	SVM
VZLA	-0.43	-0.56	0.28	0.8	-0.09		-0.34	-0.25	0.68	0.54	VZLA
TGB	0.91	0.87	0.74	-0.05	0.86	-0.34		0.86	-0.06	0.43	TGB
KALU	0.78	0.83	0.67	-0.01	0.73	-0.25	0.86		-0.11	0.43	KALU
LAC	-0.05	-0.13	0.52	0.88	0.22	0.68	-0.06	-0.11		0.78	LAC
CRML	0.36	0.28	0.85	0.83	0.56	0.54	0.43	0.43	0.78		CRML
	BAK	CC	IPX	ASPI	SVM	VZLA	TGB	KALU	LAC	CRML

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

TGB	+ 0.91	BAK
CC	+ 0.9	BAK
LAC	+ 0.88	ASPI
TGB	+ 0.87	CC
TGB	+ 0.86	SVM
KALU	+ 0.86	TGB

High negative correlations

VZLA	- 0.56	CC
VZLA	- 0.43	BAK
TGB	- 0.34	VZLA
KALU	- 0.25	VZLA
ASPI	- 0.17	CC
LAC	- 0.13	CC

Risk-Adjusted Indicators

There is a big difference between Huntsman Stock performing well and Huntsman 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 Huntsman'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
BAK	3.11	0.38	0.10	0.23	3.71	(3.38)	8.55	(5.74)	23.65
CC	2.96	0.48	0.12	0.28	4.04	(3.18)	6.13	(5.88)	25.73
IPX	3.04	0.61	0.13	0.42	3.91	(2.95)	7.31	(7.07)	19.49
ASPI	4.52	(0.15)	0.00	(0.01)	0.00	0.00	11.49	(10.15)	29.05
SVM	3.72	0.96	0.17	0.59	4.87	(4.14)	8.22	(9.07)	27.66
VZLA	3.63	(0.07)	0.00	(0.02)	0.00	0.00	6.87	(11.30)	24.61
TGB	3.21	1.15	0.28	(1.81)	3.02	(3.87)	7.32	(5.21)	23.73
KALU	1.95	0.47	0.18	0.28	2.11	(2.05)	5.30	(3.21)	16.39
LAC	3.75	(0.06)	0.00	0.01	4.33	(4.15)	8.61	(6.99)	19.72
CRML	7.72	0.85	0.11	0.44	7.72	(8.85)	20.25	(12.58)	50.81

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