Perimeter Solutions Correlations

PRM Stock

USD 13.13 0.16 1.23%

The current 90-days correlation between Perimeter Solutions and Orion Engineered Carbons is 0.33 (i.e., Weak diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Perimeter Solutions moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Perimeter Solutions SA moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Perimeter Solutions Correlation With Market

Weak diversification

The correlation between Perimeter Solutions SA and DJI is 0.37 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Perimeter Solutions SA and DJI in the same portfolio, assuming nothing else is changed.

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Perimeter Solutions SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Moving together with Perimeter Stock

0.63	DD	Dupont De Nemours Fiscal Year End 4th of February 2025	Pair Corr
0.62	ALB-PA	Albemarle	Pair Corr
0.61	ALB	Albemarle Corp	Pair Corr
0.73	APD	Air Products	Pair Corr
0.85	CBT	Cabot	Pair Corr
0.71	FSI	Flexible Solutions	Pair Corr
0.7	KRO	Kronos Worldwide	Pair Corr
0.71	RPM	RPM International	Pair Corr
0.71	SXT	Sensient Technologies	Pair Corr

Moving against Perimeter Stock

0.57	CMT	Core Molding Technologies	Pair Corr
0.44	FEAM	5E Advanced Materials	Pair Corr
0.58	SSL	Sasol	Pair Corr
0.54	FUL	H B Fuller Fiscal Year End 15th of January 2025	Pair Corr
0.47	LYB	LyondellBasell Industries	Pair Corr
0.43	NEU	NewMarket	Pair Corr
0.4	KOP	Koppers Holdings	Pair Corr
0.37	OEC	Orion Engineered Carbons	Pair Corr

Related Correlations Analysis

	OEC	CBT	MTX	KWR	ODC	ESI	SXT	IOSP	FUL	NEU
OEC		-0.12	0.22	0.63	-0.06	0.01	0.09	0.48	0.55	0.34	OEC
CBT	-0.12		0.64	0.19	0.67	0.42	0.84	0.54	-0.31	-0.35	CBT
MTX	0.22	0.64		0.36	0.7	0.77	0.69	0.85	-0.39	-0.12	MTX
KWR	0.63	0.19	0.36		0.39	0.34	0.45	0.73	0.46	0.56	KWR
ODC	-0.06	0.67	0.7	0.39		0.65	0.72	0.65	-0.17	0.1	ODC
ESI	0.01	0.42	0.77	0.34	0.65		0.59	0.7	-0.48	0.12	ESI
SXT	0.09	0.84	0.69	0.45	0.72	0.59		0.7	-0.1	0.01	SXT
IOSP	0.48	0.54	0.85	0.73	0.65	0.7	0.7		-0.03	0.21	IOSP
FUL	0.55	-0.31	-0.39	0.46	-0.17	-0.48	-0.1	-0.03		0.57	FUL
NEU	0.34	-0.35	-0.12	0.56	0.1	0.12	0.01	0.21	0.57		NEU
	OEC	CBT	MTX	KWR	ODC	ESI	SXT	IOSP	FUL	NEU

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

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

IOSP	+ 0.85	MTX
SXT	+ 0.84	CBT
ESI	+ 0.77	MTX
IOSP	+ 0.73	KWR
SXT	+ 0.72	ODC
ODC	+ 0.7	MTX

High negative correlations

FUL	- 0.48	ESI
FUL	- 0.39	MTX
NEU	- 0.35	CBT
FUL	- 0.31	CBT
FUL	- 0.17	ODC
NEU	- 0.12	MTX

Risk-Adjusted Indicators

There is a big difference between Perimeter Stock performing well and Perimeter Solutions 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 Perimeter Solutions' 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
OEC	2.21	(0.19)	(0.01)	0.04	2.56	(2.18)	5.81	(3.84)	15.71
CBT	1.25	(0.07)	0.01	0.08	1.28	(1.39)	2.82	(1.75)	10.88
MTX	1.31	(0.06)	0.04	0.09	1.30	(1.49)	2.94	(2.51)	11.90
KWR	1.49	(0.23)	(0.04)	0.02	1.84	(1.54)	2.37	(2.62)	18.04
ODC	1.34	(0.01)	0.01	0.11	1.61	(1.37)	3.14	(2.09)	12.06
ESI	1.29	0.08	0.06	0.20	1.30	(1.55)	3.77	(1.95)	11.06
SXT	1.07	(0.08)	(0.02)	0.07	1.24	(1.08)	2.14	(2.19)	8.84
IOSP	1.25	(0.13)	0.01	0.06	1.31	(1.34)	2.24	(2.10)	16.32
FUL	1.04	(0.28)	0.00	(0.07)	0.00	0.00	1.76	(2.51)	8.58
NEU	1.14	(0.19)	0.00	(0.02)	0.00	0.00	2.47	(1.93)	10.57

Perimeter Solutions Corporate Management

Edward Goldberg	CEO Director	Profile
Charles Kropp	CFO Officer	Profile
Noriko Yokozuka	Corporate Counsel	Profile
Seth Barker	Head Analysis	Profile
Haitham Khouri	Vice Director	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

2024 Macroaxis LLC