Tellurian Correlations

Summary

TELLDelisted Stock

USD 1.00 0.00 0.00%

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

Tellurian Correlation With Market

Good diversification

The correlation between Tellurian and DJI is -0.16 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Tellurian and DJI in the same portfolio, assuming nothing else is changed.

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

Moving together with Tellurian Stock

0.7	WMT	Walmart Aggressive Push	Pair Corr
0.67	HD	Home Depot	Pair Corr
0.62	AXP	American Express Fiscal Year End 24th of January 2025	Pair Corr

Moving against Tellurian Stock

0.79	BA	Boeing Fiscal Year End 29th of January 2025	Pair Corr
0.62	BCH	Banco De Chile	Pair Corr
0.6	SHG	Shinhan Financial	Pair Corr
0.56	WF	Woori Financial Group	Pair Corr
0.44	KO	Coca Cola Aggressive Push	Pair Corr
0.43	JNJ	Johnson Johnson Sell-off Trend	Pair Corr

Related Correlations Analysis

	EPSN	GPRK	KOS	PED	RRC	CTRA	AR	SWN	FANG	CHK
EPSN		0.13	-0.27	0.47	0.61	0.51	0.56	-0.53	0.22	-0.63	EPSN
GPRK	0.13		0.68	-0.25	0.22	0.38	0.24	0.26	0.74	0.3	GPRK
KOS	-0.27	0.68		-0.03	-0.27	-0.07	-0.16	0.31	0.75	0.39	KOS
PED	0.47	-0.25	-0.03		0.0	-0.07	0.09	-0.61	0.15	-0.61	PED
RRC	0.61	0.22	-0.27	0.0		0.89	0.95	0.02	0.17	-0.1	RRC
CTRA	0.51	0.38	-0.07	-0.07	0.89		0.89	0.27	0.32	0.17	CTRA
AR	0.56	0.24	-0.16	0.09	0.95	0.89		0.07	0.22	-0.04	AR
SWN	-0.53	0.26	0.31	-0.61	0.02	0.27	0.07		0.13	0.94	SWN
FANG	0.22	0.74	0.75	0.15	0.17	0.32	0.22	0.13		0.18	FANG
CHK	-0.63	0.3	0.39	-0.61	-0.1	0.17	-0.04	0.94	0.18		CHK
	EPSN	GPRK	KOS	PED	RRC	CTRA	AR	SWN	FANG	CHK

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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

AR	+ 0.95	RRC
CHK	+ 0.94	SWN
CTRA	+ 0.89	RRC
AR	+ 0.89	CTRA
FANG	+ 0.75	KOS
FANG	+ 0.74	GPRK

High negative correlations

CHK	- 0.63	EPSN
CHK	- 0.61	PED
SWN	- 0.61	PED
SWN	- 0.53	EPSN
RRC	- 0.27	KOS
KOS	- 0.27	EPSN

Risk-Adjusted Indicators

There is a big difference between Tellurian Stock performing well and Tellurian 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 Tellurian'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
EPSN	1.90	0.19	0.03	2.26	2.18	(2.11)	4.46	(3.74)	11.32
GPRK	1.92	(0.08)	0.00	0.30	0.00	0.00	4.14	(3.49)	11.99
KOS	2.83	(0.21)	0.00	(3.24)	0.00	0.00	5.62	(6.18)	13.82
PED	2.04	(0.01)	(0.02)	0.11	2.27	(2.77)	3.49	(3.30)	22.97
RRC	1.45	0.22	0.07	1.40	1.47	(1.63)	3.64	(2.66)	8.94
CTRA	1.13	0.14	0.07	0.29	1.27	(1.18)	2.27	(1.94)	8.03
AR	1.88	0.29	0.07	3.42	2.17	(1.96)	4.91	(3.20)	13.54
SWN	1.27	0.11	(0.02)	(0.62)	1.50	(1.37)	2.82	(2.32)	6.63
FANG	1.64	(0.13)	0.00	(0.04)	0.00	0.00	3.00	(3.91)	9.60
CHK	1.21	(0.01)	(0.08)	0.00	1.47	(1.29)	2.63	(2.45)	5.88

View Tellurian Related Equities

Epsilon Energy GeoPark Kosmos Energy PEDEVCO Corp Range Resources Corp Coterra Energy Antero Resources Corp Southwestern Energy Diamondback Energy Chesapeake Energy EQT Corporation Comstock Resources Pioneer Natural Resources Devon Energy ConocoPhillips

Risk & Return

Correlation

Tellurian Corporate Management

Kian Granmayeh	Ex CFO	Profile
Matthew Phillips	Vice Relations	Profile
Mark Evans	Executive Supply	Profile
Tarek Souki	Executive Commercial	Profile
Margery Harris	Executive Officer	Profile

Still Interested in Tellurian?

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