Stem Correlations

STEM Stock

USD 11.86 0.72 6.46%

The current 90-days correlation between Stem Inc and Otter Tail is 0.02 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Stem moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Stem Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Stem Correlation With Market

Good diversification

The correlation between Stem Inc and DJI is -0.19 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Stem Inc and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Stem Stock

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

Moving together with Stem Stock

0.62	PN	Skycorp Solar Group	Pair Corr
0.77	EFOI	Energy Focu	Pair Corr
0.86	ENVX	Enovix Corp Earnings Call Today	Pair Corr
0.81	EOSE	Eos Energy Enterprises Buyout Trend	Pair Corr
0.9	EAF	GrafTech International	Pair Corr

Moving against Stem Stock

0.74	WATT	Energous	Pair Corr
0.73	ALDBT	DBT SA	Pair Corr
0.71	4LG	LANDISGYR GROUP AG	Pair Corr
0.55	AME	Ametek Inc	Pair Corr
0.45	ESP	Espey Mfg Electronics	Pair Corr
0.43	P4L	PREFORMED LINE PROD	Pair Corr
0.34	VICR	Vicor Buyout Trend	Pair Corr
0.31	ENS	Enersys	Pair Corr
0.75	RRX	Regal Beloit	Pair Corr
0.74	HPS-A	Hammond Power Solutions	Pair Corr
0.68	VRT	Vertiv Holdings	Pair Corr
0.67	ETN	Eaton PLC	Pair Corr
0.64	GNRC	Generac Holdings	Pair Corr
0.61	NXT	Nextracker Class A	Pair Corr
0.61	THR	Thermon Group Holdings	Pair Corr
0.61	MIE1	Mitsubishi Electric	Pair Corr
0.58	RBC	RBC Bearings	Pair Corr
0.57	64K	VOLEX PLC LS	Pair Corr
0.44	RUN	Sunrun Inc Earnings Call Tomorrow	Pair Corr

Related Correlations Analysis

	RNW	EE	AWR	KEN	CWT	MGEE	AVA	CEPU	CPK	OTTR
RNW		-0.55	-0.1	-0.71	0.0	0.18	-0.18	-0.23	0.48	-0.64	RNW
EE	-0.55		-0.06	0.92	0.57	0.23	0.8	-0.13	0.16	0.77	EE
AWR	-0.1	-0.06		-0.02	0.43	0.17	-0.09	-0.03	-0.01	0.16	AWR
KEN	-0.71	0.92	-0.02		0.39	0.04	0.61	0.11	-0.06	0.71	KEN
CWT	0.0	0.57	0.43	0.39		0.62	0.74	-0.53	0.67	0.37	CWT
MGEE	0.18	0.23	0.17	0.04	0.62		0.62	-0.66	0.72	0.17	MGEE
AVA	-0.18	0.8	-0.09	0.61	0.74	0.62		-0.55	0.59	0.57	AVA
CEPU	-0.23	-0.13	-0.03	0.11	-0.53	-0.66	-0.55		-0.55	-0.09	CEPU
CPK	0.48	0.16	-0.01	-0.06	0.67	0.72	0.59	-0.55		-0.16	CPK
OTTR	-0.64	0.77	0.16	0.71	0.37	0.17	0.57	-0.09	-0.16		OTTR
	RNW	EE	AWR	KEN	CWT	MGEE	AVA	CEPU	CPK	OTTR

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

KEN	+ 0.92	EE
AVA	+ 0.8	EE
OTTR	+ 0.77	EE
AVA	+ 0.74	CWT
CPK	+ 0.72	MGEE
OTTR	+ 0.71	KEN

High negative correlations

KEN	- 0.71	RNW
CEPU	- 0.66	MGEE
OTTR	- 0.64	RNW
CPK	- 0.55	CEPU
CEPU	- 0.55	AVA
EE	- 0.55	RNW

Risk-Adjusted Indicators

There is a big difference between Stem Stock performing well and Stem 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 Stem'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
RNW	1.60	(0.44)	0.00	(0.74)	0.00	0.00	2.80	(3.95)	28.35
EE	1.54	0.67	0.30	4.34	1.31	(1.76)	3.67	(2.93)	7.53
AWR	0.84	(0.01)	(0.09)	0.00	1.01	(0.87)	2.36	(1.89)	4.71
KEN	1.61	0.49	0.19	0.76	1.88	(1.72)	3.93	(3.47)	8.98
CWT	1.03	0.05	(0.04)	(0.45)	1.20	(1.14)	2.44	(2.16)	5.52
MGEE	0.89	0.01	(0.06)	(0.98)	1.25	(0.84)	1.64	(1.90)	5.09
AVA	0.79	0.09	(0.01)	(0.62)	1.16	(0.74)	1.63	(1.83)	4.20
CEPU	2.23	0.08	0.03	0.17	2.49	(2.49)	5.09	(4.23)	13.77
CPK	0.96	0.00	(0.06)	0.10	1.29	(0.93)	2.05	(2.41)	6.03
OTTR	0.96	0.06	(0.01)	0.31	1.08	(1.08)	1.87	(1.91)	5.83

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