WaterBridge Infrastructure Correlations

WBI Stock

20.19 0.45 2.18%

The current 90-days correlation between WaterBridge Infrastructure and NGL Energy Partners is 0.14 (i.e., Average diversification). The correlation of WaterBridge Infrastructure 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.

WaterBridge Infrastructure Correlation With Market

Very weak diversification

The correlation between WaterBridge Infrastructure LLC and DJI is 0.5 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding WaterBridge Infrastructure LLC and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with WaterBridge Stock

Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WaterBridge Infrastructure LLC. 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 labor statistics.

Moving together with WaterBridge Stock

0.72	BLZ	BLAZE Minerals	Pair Corr
0.67	EU	enCore Energy Corp	Pair Corr
0.75	KLR	Kaili Resources	Pair Corr
0.7	BSK	Blue Sky Uranium	Pair Corr
0.62	BISI	Bisichi Mining PLC	Pair Corr
0.69	LEU	Centrus Energy Corp	Pair Corr
0.66	900948	Inner Mongolia Yitai	Pair Corr
0.69	T92	Terra Uranium	Pair Corr

Moving against WaterBridge Stock

0.76	MEU	Marmota	Pair Corr
0.66	NC	NACCO Industries	Pair Corr
0.58	E	Eni SpA ADR	Pair Corr
0.53	SU	Suncor Energy	Pair Corr
0.43	SU	Suncor Energy	Pair Corr
0.74	SHIP	Tufton Oceanic Assets	Pair Corr
0.73	TTE	TotalEnergies SE ADR	Pair Corr
0.6	EVT	Economic Investment Trust	Pair Corr
0.6	XOM	Exxon Mobil Corp Sell-off Trend	Pair Corr
0.53	YPF	YPF Sociedad Anonima	Pair Corr
0.52	001286	Shaanxi Energy Investment	Pair Corr
0.4	MCM	MC Mining	Pair Corr

Related Correlations Analysis

	NGL	TK	VTS	PDS	NBR	GLP	BORR	DEC	HPK	ACDC
NGL		0.77	-0.72	0.64	0.75	-0.63	0.77	0.77	-0.74	-0.19	NGL
TK	0.77		-0.68	0.29	0.65	-0.55	0.46	0.51	-0.49	0.1	TK
VTS	-0.72	-0.68		-0.44	-0.59	0.77	-0.52	-0.23	0.78	0.02	VTS
PDS	0.64	0.29	-0.44		0.8	-0.19	0.96	0.57	-0.75	0.08	PDS
NBR	0.75	0.65	-0.59	0.8		-0.4	0.87	0.56	-0.68	0.39	NBR
GLP	-0.63	-0.55	0.77	-0.19	-0.4		-0.3	-0.15	0.58	0.07	GLP
BORR	0.77	0.46	-0.52	0.96	0.87	-0.3		0.66	-0.77	0.09	BORR
DEC	0.77	0.51	-0.23	0.57	0.56	-0.15	0.66		-0.38	-0.29	DEC
HPK	-0.74	-0.49	0.78	-0.75	-0.68	0.58	-0.77	-0.38		-0.04	HPK
ACDC	-0.19	0.1	0.02	0.08	0.39	0.07	0.09	-0.29	-0.04		ACDC
	NGL	TK	VTS	PDS	NBR	GLP	BORR	DEC	HPK	ACDC

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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

BORR	+ 0.96	PDS
BORR	+ 0.87	NBR
NBR	+ 0.8	PDS
HPK	+ 0.78	VTS
TK	+ 0.77	NGL
BORR	+ 0.77	NGL

High negative correlations

HPK	- 0.77	BORR
HPK	- 0.75	PDS
HPK	- 0.74	NGL
VTS	- 0.72	NGL
HPK	- 0.68	NBR
VTS	- 0.68	TK

Risk-Adjusted Indicators

There is a big difference between WaterBridge Stock performing well and WaterBridge Infrastructure 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 WaterBridge Infrastructure'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
NGL	2.39	0.60	0.25	1.08	1.76	(2.82)	4.45	(3.30)	31.57
TK	1.52	0.08	0.01	1.23	1.71	(1.58)	3.06	(2.48)	9.41
VTS	1.22	(0.35)	0.00	(0.72)	0.00	0.00	1.99	(2.92)	6.43
PDS	1.54	0.18	0.09	0.23	1.85	(1.64)	2.93	(3.23)	7.44
NBR	2.80	0.30	0.11	0.22	3.03	(3.30)	9.68	(5.70)	17.72
GLP	1.27	(0.28)	0.00	(0.40)	0.00	0.00	3.06	(2.38)	8.47
BORR	3.02	0.27	0.09	0.19	3.49	(3.20)	7.39	(6.31)	16.96
DEC	1.73	0.00	(0.02)	0.07	2.28	(1.76)	3.58	(4.18)	12.72
HPK	3.35	(0.82)	0.00	(0.57)	0.00	0.00	4.82	(7.06)	21.96
ACDC	3.85	0.02	0.01	0.09	5.00	(4.69)	8.98	(7.58)	44.42

WaterBridge Infrastructure Corporate Executives

Elected by the shareholders, the WaterBridge Infrastructure's board of directors comprises two types of representatives: WaterBridge Infrastructure inside directors who are chosen from within the company, and outside directors, selected externally and held independent of WaterBridge. The board's role is to monitor WaterBridge Infrastructure's management team and ensure that shareholders' interests are well served. WaterBridge Infrastructure's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, WaterBridge Infrastructure's outside directors are responsible for providing unbiased perspectives on the board's policies.

Scott McNeely

Executive CFO

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