Kronos Worldwide Correlations

KRO Stock

USD 4.65 0.17 3.79%

The current 90-days correlation between Kronos Worldwide and Gevo Inc is 0.04 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Kronos Worldwide moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kronos Worldwide moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Kronos Worldwide Correlation With Market

Very weak diversification

The correlation between Kronos Worldwide and DJI is 0.57 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Kronos Worldwide and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Kronos Stock

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

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

Moving together with Kronos Stock

0.7	CBT	Cabot	Pair Corr
0.76	LYB	LyondellBasell Industries	Pair Corr
0.85	OEC	Orion Engineered Carbons	Pair Corr
0.81	OLN	Olin	Pair Corr
0.66	PCT	Purecycle Technologies	Pair Corr
0.71	VVV	Valvoline	Pair Corr
0.73	HWKN	Hawkins	Pair Corr

Moving against Kronos Stock

0.76	002497	Sichuan Yahua Industrial	Pair Corr
0.56	600141	Hubei Xingfa Chemicals	Pair Corr
0.55	603077	Sichuan Hebang Biote	Pair Corr
0.52	300221	Guangdong Silvere Sci	Pair Corr
0.49	300478	Hangzhou Gaoxin Rubber	Pair Corr
0.48	002493	Rongsheng Petrochemical	Pair Corr
0.43	BAK	Braskem SA Class	Pair Corr
0.74	SOLS	Solstice Advanced Symbol Change	Pair Corr
0.7	002407	Do Fluoride Chemicals	Pair Corr
0.65	301059	Jinsanjiang Silicon	Pair Corr
0.62	600346	Hengli Petrochemical	Pair Corr
0.6	000973	FSPG Hi Tech	Pair Corr
0.58	000635	Ningxia Younglight	Pair Corr
0.58	002709	Guangzhou Tinci Materials	Pair Corr
0.58	301092	Zhejiang Zhengguang	Pair Corr
0.57	000949	Xinxiang Chemical Fiber	Pair Corr
0.5	002768	Qingdao Gon Technology	Pair Corr
0.46	000703	Hengyi Petrochemical	Pair Corr

Related Correlations Analysis

	GEVO	TROX	ASIX	CPAC	LXU	KOP	MATV	GPRE	VHI	ADUR
GEVO		0.12	0.61	-0.31	-0.05	-0.13	-0.48	0.49	0.5	0.78	GEVO
TROX	0.12		-0.06	0.48	-0.07	0.01	0.37	-0.36	-0.2	-0.09	TROX
ASIX	0.61	-0.06		-0.15	-0.25	-0.42	-0.76	0.29	0.77	0.78	ASIX
CPAC	-0.31	0.48	-0.15		-0.33	-0.22	0.37	-0.24	-0.55	-0.45	CPAC
LXU	-0.05	-0.07	-0.25	-0.33		0.46	0.38	-0.09	0.05	-0.12	LXU
KOP	-0.13	0.01	-0.42	-0.22	0.46		0.45	-0.06	-0.24	-0.25	KOP
MATV	-0.48	0.37	-0.76	0.37	0.38	0.45		-0.34	-0.68	-0.71	MATV
GPRE	0.49	-0.36	0.29	-0.24	-0.09	-0.06	-0.34		0.18	0.36	GPRE
VHI	0.5	-0.2	0.77	-0.55	0.05	-0.24	-0.68	0.18		0.74	VHI
ADUR	0.78	-0.09	0.78	-0.45	-0.12	-0.25	-0.71	0.36	0.74		ADUR
	GEVO	TROX	ASIX	CPAC	LXU	KOP	MATV	GPRE	VHI	ADUR

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

ADUR	+ 0.78	GEVO
ADUR	+ 0.78	ASIX
VHI	+ 0.77	ASIX
ADUR	+ 0.74	VHI
ASIX	+ 0.61	GEVO
VHI	+ 0.5	GEVO

High negative correlations

MATV	- 0.76	ASIX
ADUR	- 0.71	MATV
VHI	- 0.68	MATV
VHI	- 0.55	CPAC
MATV	- 0.48	GEVO
ADUR	- 0.45	CPAC

Risk-Adjusted Indicators

There is a big difference between Kronos Stock performing well and Kronos Worldwide 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 Kronos Worldwide'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
GEVO	2.96	0.01	(0.02)	0.04	3.46	(3.22)	6.83	(5.80)	15.27
TROX	4.05	0.44	0.11	1.35	3.22	(5.76)	9.82	(5.51)	30.74
ASIX	1.94	(0.22)	0.00	(0.14)	0.00	0.00	3.63	(4.22)	18.89
CPAC	2.43	0.98	0.38	(0.78)	1.46	(3.31)	3.76	(2.73)	55.41
LXU	2.17	(0.03)	0.00	0.26	0.00	0.00	4.12	(4.82)	16.87
KOP	1.38	(0.11)	0.00	(0.04)	0.00	0.00	3.56	(3.71)	9.19
MATV	2.46	0.04	0.03	0.10	2.58	(2.88)	5.38	(3.36)	27.72
GPRE	3.66	0.11	0.04	0.13	4.43	(4.02)	8.98	(7.54)	27.29
VHI	2.53	(0.33)	0.00	5.23	0.00	0.00	6.10	(5.57)	16.93
ADUR	4.28	(0.22)	(0.02)	0.00	4.56	(4.88)	12.11	(6.79)	24.03

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