Vivakor Correlations

VIVK Stock

USD 1.68 0.10 6.33%

The current 90-days correlation between Vivakor and Mexco Energy is 0.18 (i.e., Average diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Vivakor moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vivakor moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Vivakor Correlation With Market

Average diversification

The correlation between Vivakor and DJI is 0.1 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Vivakor and DJI in the same portfolio, assuming nothing else is changed.

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

For more information on how to buy Vivakor Stock please use our How to buy in Vivakor Stock guide.

Moving together with Vivakor Stock

0.63	SHEL	Shell PLC ADR	Pair Corr
0.76	NR	Newpark Resources	Pair Corr
0.62	SD	SandRidge Energy	Pair Corr

Moving against Vivakor Stock

0.68	NFG	National Fuel Gas	Pair Corr
0.55	SLNG	Stabilis Solutions	Pair Corr
0.41	XOM	Exxon Mobil Corp Aggressive Push	Pair Corr
0.33	TGS	Transportadora de Gas	Pair Corr
0.31	CVX	Chevron Corp Fiscal Year End 7th of February 2025	Pair Corr
0.63	EU	enCore Energy Corp	Pair Corr
0.59	AM	Antero Midstream Partners	Pair Corr
0.5	EE	Excelerate Energy	Pair Corr
0.42	AE	Adams Resources Energy	Pair Corr
0.42	TS	Tenaris SA ADR Sell-off Trend	Pair Corr
0.38	CRGY	Crescent Energy	Pair Corr
0.32	TK	Teekay	Pair Corr
0.31	AR	Antero Resources Corp	Pair Corr
0.64	IMPPP	Imperial Petroleum	Pair Corr
0.59	ENLC	EnLink Midstream LLC	Pair Corr

Related Correlations Analysis

	HUSA	BRN	MXC	PHX	COCBF	USEG	PED	TPET	REI	PVL
HUSA		-0.56	0.33	0.59	0.26	0.86	0.42	-0.6	-0.42	-0.35	HUSA
BRN	-0.56		0.11	-0.53	-0.12	-0.79	0.04	0.89	0.76	0.59	BRN
MXC	0.33	0.11		-0.01	-0.08	0.13	0.48	0.02	0.07	0.02	MXC
PHX	0.59	-0.53	-0.01		0.37	0.72	0.17	-0.55	-0.55	-0.37	PHX
COCBF	0.26	-0.12	-0.08	0.37		0.28	0.05	-0.11	-0.26	-0.1	COCBF
USEG	0.86	-0.79	0.13	0.72	0.28		0.27	-0.84	-0.64	-0.53	USEG
PED	0.42	0.04	0.48	0.17	0.05	0.27		-0.07	-0.2	-0.39	PED
TPET	-0.6	0.89	0.02	-0.55	-0.11	-0.84	-0.07		0.76	0.66	TPET
REI	-0.42	0.76	0.07	-0.55	-0.26	-0.64	-0.2	0.76		0.84	REI
PVL	-0.35	0.59	0.02	-0.37	-0.1	-0.53	-0.39	0.66	0.84		PVL
	HUSA	BRN	MXC	PHX	COCBF	USEG	PED	TPET	REI	PVL

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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

TPET	+ 0.89	BRN
USEG	+ 0.86	HUSA
PVL	+ 0.84	REI
REI	+ 0.76	BRN
REI	+ 0.76	TPET
USEG	+ 0.72	PHX

High negative correlations

TPET	- 0.84	USEG
USEG	- 0.79	BRN
REI	- 0.64	USEG
TPET	- 0.6	HUSA
BRN	- 0.56	HUSA
REI	- 0.55	PHX

Risk-Adjusted Indicators

There is a big difference between Vivakor Stock performing well and Vivakor 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 Vivakor'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
HUSA	4.62	0.72	0.08	(0.32)	5.29	(5.34)	11.11	(7.14)	37.16
BRN	1.76	(0.46)	0.00	(0.92)	0.00	0.00	3.28	(3.56)	15.86
MXC	2.71	(0.03)	0.00	0.43	0.00	0.00	5.43	(7.99)	19.69
PHX	1.07	0.17	0.04	(2.81)	1.38	(1.35)	2.06	(1.73)	12.87
COCBF	3.01	1.05	0.00	(0.21)	0.00	0.00	0.00	0.00	150.00
USEG	3.68	1.08	0.21	6.41	3.35	(4.97)	10.18	(4.89)	28.99
PED	2.06	(0.03)	(0.02)	0.05	2.36	(2.77)	3.49	(3.49)	22.97
TPET	4.00	(1.88)	0.00	4.82	0.00	0.00	5.53	(9.04)	44.22
REI	2.50	(0.32)	0.00	(0.56)	0.00	0.00	4.43	(5.33)	18.99
PVL	1.62	(0.29)	0.00	(1.16)	0.00	0.00	3.38	(4.91)	12.07

Vivakor Corporate Management

Daniel Hashim	Chief Officer	Profile
Russ Shelton	Executive Officer	Profile
Leslie Patterson	Executive Construction	Profile
Tyler Nelson	Chief Officer	Profile

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