JBTMarel Corp Correlations

JBTM Stock

168.55 5.63 3.46%

The current 90-days correlation between JBTMarel Corp and Middleby Corp is 0.52 (i.e., Very weak diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as JBTMarel Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if JBTMarel Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

JBTMarel Corp Correlation With Market

Very poor diversification

The correlation between JBTMarel Corp and DJI is 0.89 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding JBTMarel Corp and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with JBTMarel Stock

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

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

Moving together with JBTMarel Stock

0.89	PH	Parker Hannifin	Pair Corr
0.83	PL	Planet Labs PBC	Pair Corr
0.8	HZ8	Insteel Industries	Pair Corr
0.75	RFG	Roebuck Food Group	Pair Corr
0.81	FSTR	LB Foster	Pair Corr
0.87	WWD	Woodward	Pair Corr
0.83	OERL	OC Oerlikon Corp	Pair Corr
0.8	PRV	Porvair plc Earnings Call Today	Pair Corr
0.87	MGAM	Morgan Advanced Materials	Pair Corr
0.86	LECO	Lincoln Electric Holdings Earnings Call This Week	Pair Corr
0.88	OFLX	Omega Flex	Pair Corr
0.81	PKOH	Park Ohio Holdings	Pair Corr
0.75	PRLB	Proto Labs Trending	Pair Corr

Moving against JBTMarel Stock

0.78	XPON	Expion360	Pair Corr
0.63	WATR	Current Water Techno	Pair Corr
0.59	PNT	Pentair plc	Pair Corr
0.43	INLF	INLIF LIMITED Ordinary	Pair Corr
0.41	HYFM	Hydrofarm Holdings	Pair Corr
0.82	DFLI	Chardan NexTech Acqu	Pair Corr
0.79	XSG	Xeros Technology	Pair Corr
0.71	FSTF	First State Financial	Pair Corr
0.49	RAYA	Erayak Power Solution	Pair Corr

Related Correlations Analysis

	MIDD	FLS	GTES	FSS	SPXC	ESAB	TTC	R	TFII	PONY
MIDD		0.68	0.45	0.48	-0.02	0.73	0.82	0.9	0.96	0.55	MIDD
FLS	0.68		0.83	0.44	0.34	0.87	0.88	0.76	0.81	0.32	FLS
GTES	0.45	0.83		0.36	0.38	0.83	0.73	0.62	0.59	0.04	GTES
FSS	0.48	0.44	0.36		0.25	0.56	0.45	0.37	0.47	0.73	FSS
SPXC	-0.02	0.34	0.38	0.25		0.41	0.11	0.03	0.01	0.06	SPXC
ESAB	0.73	0.87	0.83	0.56	0.41		0.86	0.74	0.79	0.41	ESAB
TTC	0.82	0.88	0.73	0.45	0.11	0.86		0.77	0.89	0.41	TTC
R	0.9	0.76	0.62	0.37	0.03	0.74	0.77		0.94	0.31	R
TFII	0.96	0.81	0.59	0.47	0.01	0.79	0.89	0.94		0.47	TFII
PONY	0.55	0.32	0.04	0.73	0.06	0.41	0.41	0.31	0.47		PONY
	MIDD	FLS	GTES	FSS	SPXC	ESAB	TTC	R	TFII	PONY

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

TFII	+ 0.96	MIDD
TFII	+ 0.94	R
R	+ 0.9	MIDD
TFII	+ 0.89	TTC
TTC	+ 0.88	FLS
ESAB	+ 0.87	FLS

High negative correlations

SPXC

- 0.02

MIDD

Risk-Adjusted Indicators

There is a big difference between JBTMarel Stock performing well and JBTMarel Corp 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 JBTMarel Corp'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
MIDD	1.58	0.31	0.21	0.29	1.29	(1.94)	3.85	(2.77)	12.68
FLS	1.25	0.15	0.14	0.18	1.19	(1.45)	2.46	(2.28)	5.39
GTES	1.66	0.16	0.13	0.17	1.51	(2.01)	3.55	(2.94)	9.05
FSS	1.20	(0.07)	(0.04)	0.02	1.38	(1.31)	2.38	(2.04)	6.54
SPXC	1.51	(0.04)	(0.01)	0.05	1.82	(1.53)	3.25	(3.03)	8.89
ESAB	1.51	0.13	0.09	0.17	1.65	(1.71)	3.91	(2.96)	10.18
TTC	1.31	0.37	0.32	0.53	0.69	(1.62)	2.94	(1.82)	13.49
R	1.32	0.30	0.17	0.31	1.43	(1.40)	3.79	(3.01)	8.43
TFII	1.62	0.39	0.22	0.39	1.42	(1.79)	3.83	(2.47)	9.73
PONY	3.60	(0.48)	0.00	(0.11)	0.00	0.00	9.40	(8.03)	22.01

JBTMarel Corp Corporate Management

James JD	EVP Counsel	Profile
Jessi Corcoran	Corporate VP	Profile
Jack Martin	Executive Officer	Profile
Kedric Meredith	Vice Relations	Profile
Jesper Hjortshj	Executive Solutions	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