Terawulf Correlations

WULF Stock

USD 7.33 0.13 1.81%

The current 90-days correlation between Terawulf and Iris Energy is 0.03 (i.e., Significant diversification). The correlation of Terawulf 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.

Terawulf Correlation With Market

Good diversification

The correlation between Terawulf and DJI is -0.06 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Terawulf and DJI in the same portfolio, assuming nothing else is changed.

Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Terawulf. 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.

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

Moving together with Terawulf Stock

0.76	V	Visa Class A	Pair Corr
0.63	DHIL	Diamond Hill Investment	Pair Corr
0.78	DIST	Distoken Acquisition	Pair Corr
0.75	AB	AllianceBernstein	Pair Corr
0.63	AC	Associated Capital	Pair Corr
0.77	BN	Brookfield Corp	Pair Corr
0.87	BX	Blackstone Group Normal Trading	Pair Corr
0.75	CG	Carlyle Group	Pair Corr
0.85	GS	Goldman Sachs Group Fiscal Year End 21st of January 2025	Pair Corr
0.87	LC	LendingClub Corp	Pair Corr
0.73	MA	Mastercard	Pair Corr
0.69	MC	Moelis Potential Growth	Pair Corr
0.88	MS	Morgan Stanley Fiscal Year End 21st of January 2025	Pair Corr
0.75	PX	P10 Inc	Pair Corr
0.79	QD	Qudian Inc	Pair Corr
0.87	SF	Stifel Financial Earnings Call This Week	Pair Corr
0.84	WT	WisdomTree	Pair Corr
0.84	VCTR	Victory Capital Holdings Normal Trading	Pair Corr
0.69	DUET	DUET Acquisition Corp	Pair Corr
0.62	VIRT	Virtu Financial Normal Trading	Pair Corr
0.78	DYCQ	DT Cloud Acquisition	Pair Corr
0.62	TETEU	Technology Telecommunicatio	Pair Corr
0.88	VRTS	Virtus Investment	Pair Corr

Moving against Terawulf Stock

0.46	PT	Pintec Technology	Pair Corr
0.86	WU	Western Union	Pair Corr
0.63	XP	Xp Inc	Pair Corr
0.56	RM	Regional Management Corp	Pair Corr
0.44	PWUPW	PowerUp Acquisition Corp	Pair Corr
0.39	PWUPU	PowerUp Acquisition Corp	Pair Corr
0.33	DMYY	dMY Squared Technology	Pair Corr
0.84	BRKHU	BurTech Acquisition Corp	Pair Corr
0.61	BRKHW	BurTech Acquisition Corp	Pair Corr
0.5	BRACU	Broad Capital Acquisition	Pair Corr

Related Correlations Analysis

	IREN	SDIG	ARBK	BITF	HUT	RIOT	MARA	CIFR	GREE	HIVE
IREN		0.78	0.18	0.61	0.87	0.94	0.86	0.93	0.85	0.96	IREN
SDIG	0.78		0.43	0.95	0.66	0.7	0.79	0.64	0.57	0.8	SDIG
ARBK	0.18	0.43		0.52	0.13	0.18	0.26	0.16	0.19	0.27	ARBK
BITF	0.61	0.95	0.52		0.47	0.52	0.69	0.43	0.42	0.64	BITF
HUT	0.87	0.66	0.13	0.47		0.94	0.84	0.92	0.8	0.91	HUT
RIOT	0.94	0.7	0.18	0.52	0.94		0.89	0.98	0.88	0.97	RIOT
MARA	0.86	0.79	0.26	0.69	0.84	0.89		0.83	0.75	0.89	MARA
CIFR	0.93	0.64	0.16	0.43	0.92	0.98	0.83		0.88	0.93	CIFR
GREE	0.85	0.57	0.19	0.42	0.8	0.88	0.75	0.88		0.87	GREE
HIVE	0.96	0.8	0.27	0.64	0.91	0.97	0.89	0.93	0.87		HIVE
	IREN	SDIG	ARBK	BITF	HUT	RIOT	MARA	CIFR	GREE	HIVE

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Risk-Adjusted Indicators

There is a big difference between Terawulf Stock performing well and Terawulf 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 Terawulf'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
IREN	5.43	(0.14)	0.05	0.07	5.41	(6.37)	14.82	(8.41)	35.75
SDIG	4.86	(0.39)	(0.01)	0.01	5.47	(5.81)	13.24	(8.24)	39.35
ARBK	5.09	0.02	(0.02)	0.00	5.92	(5.43)	12.88	(9.77)	25.58
BITF	4.65	(0.49)	0.00	(0.01)	0.00	0.00	10.16	(7.05)	33.47
HUT	4.72	0.77	0.21	0.29	4.55	(5.33)	11.05	(6.95)	32.14
RIOT	4.06	0.19	0.11	0.14	4.60	(4.50)	8.66	(6.31)	38.48
MARA	4.79	0.19	0.12	0.14	4.73	(6.33)	11.02	(8.26)	43.97
CIFR	5.04	0.34	0.16	0.17	4.29	(6.78)	14.17	(6.87)	40.95
GREE	5.00	(0.10)	0.01	0.06	5.69	(5.46)	12.70	(9.16)	28.52
HIVE	4.71	0.04	0.07	0.11	4.86	(5.64)	12.90	(7.71)	29.04

Terawulf Corporate Management

Patrick Fleury	Chief Officer	Profile
Sean Farrell	Senior Operations	Profile
Stephanie Fleischmann	Chief Counsel	Profile
Kerri Langlais	Chief Director	Profile
Kenneth Hegman	Chief IKONICS	Profile
William Harrison	Vice Relations	Profile
Claude Piguet	Executive IKONICS	Profile

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