Standard Lithium Correlations

SLI Stock

USD 4.27 0.06 1.43%

The current 90-days correlation between Standard Lithium and Compass Minerals International is 0.33 (i.e., Weak diversification). The correlation of Standard Lithium 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.

Standard Lithium Correlation With Market

Very weak diversification

The correlation between Standard Lithium and DJI is 0.47 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Standard Lithium and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Standard Stock

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Standard Lithium. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

For more detail on how to invest in Standard Stock please use our How to Invest in Standard Lithium guide.

Moving together with Standard Stock

0.71	C9F	CHIPOTLE MEXICAN	Pair Corr
0.62	C9F	CHIPOTLE MEXICAN	Pair Corr
0.64	PEX	Pacific Ridge Exploration	Pair Corr
0.66	MKL	ATEA	Pair Corr
0.75	DC	Dakota Gold Corp Earnings Call This Week	Pair Corr
0.62	NGR	NOVAGOLD RESOURCES	Pair Corr

Moving against Standard Stock

0.66	6WX	CN LONGYUAN POWER	Pair Corr
0.59	CHQ1	CHENIERE ENERGY Earnings Call This Week	Pair Corr
0.43	6RC	REPROCELL	Pair Corr
0.47	GEO	Empire Metals Limited	Pair Corr
0.44	VDO-H	Nevado Resources	Pair Corr
0.43	SON1	Sony Group Corp	Pair Corr
0.34	BLZ	Bure Equity	Pair Corr
0.62	UMD	UMT United Mobility	Pair Corr
0.42	EO5	EOG RESOURCES Earnings Call This Week	Pair Corr
0.4	EO5	EOG RESOURCES Earnings Call This Week	Pair Corr
0.36	UGN	GENSOURCE POTASH	Pair Corr

Related Correlations Analysis

	CMP	NEXA	LAR	GSM	TMQ	GTI	SGML	CPAC	UAMY	ODC
CMP		0.94	0.88	0.79	0.69	-0.65	0.59	0.78	0.79	0.55	CMP
NEXA	0.94		0.89	0.82	0.7	-0.69	0.61	0.82	0.8	0.57	NEXA
LAR	0.88	0.89		0.77	0.75	-0.53	0.68	0.71	0.86	0.4	LAR
GSM	0.79	0.82	0.77		0.53	-0.37	0.72	0.77	0.55	0.39	GSM
TMQ	0.69	0.7	0.75	0.53		-0.36	0.52	0.52	0.67	0.03	TMQ
GTI	-0.65	-0.69	-0.53	-0.37	-0.36		-0.03	-0.3	-0.72	-0.81	GTI
SGML	0.59	0.61	0.68	0.72	0.52	-0.03		0.7	0.31	-0.09	SGML
CPAC	0.78	0.82	0.71	0.77	0.52	-0.3	0.7		0.51	0.3	CPAC
UAMY	0.79	0.8	0.86	0.55	0.67	-0.72	0.31	0.51		0.55	UAMY
ODC	0.55	0.57	0.4	0.39	0.03	-0.81	-0.09	0.3	0.55		ODC
	CMP	NEXA	LAR	GSM	TMQ	GTI	SGML	CPAC	UAMY	ODC

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

NEXA	+ 0.94	CMP
LAR	+ 0.89	NEXA
LAR	+ 0.88	CMP
UAMY	+ 0.86	LAR
GSM	+ 0.82	NEXA
CPAC	+ 0.82	NEXA

High negative correlations

ODC	- 0.81	GTI
UAMY	- 0.72	GTI
GTI	- 0.69	NEXA
GTI	- 0.65	CMP
GTI	- 0.53	LAR
GTI	- 0.37	GSM

Risk-Adjusted Indicators

There is a big difference between Standard Stock performing well and Standard Lithium 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 Standard Lithium'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
CMP	2.80	0.34	0.08	0.23	4.24	(2.93)	5.66	(4.23)	23.55
NEXA	3.38	0.89	0.23	0.58	3.45	(3.84)	7.45	(6.54)	18.98
LAR	3.79	0.78	0.17	0.75	4.19	(4.30)	8.81	(7.49)	23.79
GSM	2.51	0.39	0.13	0.35	2.73	(2.97)	5.66	(4.45)	21.25
TMQ	4.35	0.02	0.01	0.07	6.19	(4.33)	7.81	(12.26)	29.21
GTI	8.61	0.56	0.03	(0.45)	14.30	(9.66)	19.74	(10.95)	128.11
SGML	6.74	1.78	0.22	(0.76)	6.26	(7.88)	17.54	(13.89)	48.52
CPAC	2.65	0.96	0.32	(0.67)	1.93	(3.31)	3.76	(3.42)	57.41
UAMY	6.73	0.33	0.05	0.19	7.21	(8.11)	15.85	(12.44)	39.15
ODC	1.59	0.13	0.04	0.21	2.58	(1.63)	3.17	(2.97)	15.64

Standard Lithium Corporate Management

Salah Gamoudi	Chief Officer	Profile
CPA CMA	Corporate Secretary	Profile
Robert Mintak	CEO Director	Profile
Brandi McDonald	Vice Accounting	Profile
Salah CPA	Chief Officer	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