Innventure Correlations

INV Stock

3.40 0.07 2.10%

The current 90-days correlation between Innventure and Dynamix is 0.03 (i.e., Significant diversification). The correlation of Innventure 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.

Innventure Correlation With Market

Very good diversification

The correlation between Innventure and DJI is -0.42 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Innventure and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Innventure Stock

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

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

Moving together with Innventure Stock

0.82	55O1	Apollo Investment Corp Earnings Call This Week	Pair Corr
0.67	MFG	Magellan Financial	Pair Corr

Moving against Innventure Stock

0.82	PX	P10 Inc Symbol Change	Pair Corr
0.74	WT	WisdomTree	Pair Corr
0.63	FT	Franklin Universal Closed	Pair Corr
0.59	HHI	Henderson High Income	Pair Corr
0.52	RA	Brookfield Real Assets	Pair Corr
0.5	DHIL	Diamond Hill Investment	Pair Corr
0.37	BK	Bank of New York	Pair Corr
0.72	MNTN	Schiehallion Fund	Pair Corr
0.69	VCTR	Victory Capital Holdings	Pair Corr
0.68	MNG	MG Plc	Pair Corr
0.58	SSSS-P	Shooting Star Acquisition	Pair Corr
0.53	MIGO	Migo Opportunities Trust	Pair Corr
0.48	JLEN	JLEN Environmental Assets	Pair Corr
0.47	ALPN	Alpine Select AG	Pair Corr
0.38	MEC	Morphic Ethical Equities	Pair Corr
0.35	IPX	Impax Asset Management	Pair Corr
0.72	XOX-P	Planet X Capital	Pair Corr
0.67	8KF	ICHIYOSHI SECS LTD	Pair Corr
0.64	SII	Sprott Inc	Pair Corr
0.49	PCFT	Polar Capital Global	Pair Corr
0.37	SCGL	Sealand Capital Galaxy	Pair Corr

Related Correlations Analysis

	ETHM	SOCA	MKLY	SWKH	NOAH	OXSQ	EARN	WHF	MCGA
ETHM		-0.1	0.54	0.53	0.33	0.41	0.2	-0.24	0.23	ETHM
SOCA	-0.1		0.4	-0.49	0.53	0.51	-0.09	-0.41	0.11	SOCA
MKLY	0.54	0.4		0.29	0.86	0.75	0.45	-0.79	0.4	MKLY
SWKH	0.53	-0.49	0.29		0.19	0.22	0.63	0.07	0.29	SWKH
NOAH	0.33	0.53	0.86	0.19		0.78	0.48	-0.67	0.58	NOAH
OXSQ	0.41	0.51	0.75	0.22	0.78		0.51	-0.47	0.51	OXSQ
EARN	0.2	-0.09	0.45	0.63	0.48	0.51		-0.11	0.54	EARN
WHF	-0.24	-0.41	-0.79	0.07	-0.67	-0.47	-0.11		-0.23	WHF
MCGA	0.23	0.11	0.4	0.29	0.58	0.51	0.54	-0.23		MCGA
	ETHM	SOCA	MKLY	SWKH	NOAH	OXSQ	EARN	WHF	MCGA

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

NOAH	+ 0.86	MKLY
OXSQ	+ 0.78	NOAH
OXSQ	+ 0.75	MKLY
EARN	+ 0.63	SWKH
MCGA	+ 0.58	NOAH
MKLY	+ 0.54	ETHM

High negative correlations

WHF	- 0.79	MKLY
WHF	- 0.67	NOAH
SWKH	- 0.49	SOCA
WHF	- 0.47	OXSQ
WHF	- 0.41	SOCA
WHF	- 0.24	ETHM

Risk-Adjusted Indicators

There is a big difference between Innventure Stock performing well and Innventure 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 Innventure'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
ETHM	0.10	0.01	(0.28)	0.37	0.00	(0.16)	0.19	(0.29)	1.16
SOCA	0.07	(0.01)	(0.39)	1.05	0.09	(0.17)	0.20	(0.20)	1.09
MKLY	0.08	0.00	(0.46)	(0.05)	0.00	(0.14)	0.20	(0.20)	0.60
SWKH	0.71	(0.02)	(0.06)	0.03	0.85	(0.89)	1.27	(1.22)	9.41
NOAH	1.44	0.13	0.06	0.30	1.34	(1.93)	3.93	(2.35)	8.31
OXSQ	1.38	(0.03)	(0.03)	0.01	1.66	(1.70)	2.76	(3.17)	8.37
EARN	1.03	(0.02)	(0.05)	(0.01)	1.36	(1.01)	1.78	(2.68)	6.47
WHF	1.15	(0.12)	0.00	(0.26)	0.00	0.00	2.60	(2.38)	7.08
MCGA	0.09	(0.02)	0.00	(0.27)	0.00	0.00	0.20	(0.20)	1.28

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