Expion360 Correlations

XPON Stock

USD 0.90 0.01 1.12%

The current 90-days correlation between Expion360 and Addentax Group Corp is 0.36 (i.e., Weak diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Expion360 moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Expion360 moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Expion360 Correlation With Market

Good diversification

The correlation between Expion360 and DJI is -0.03 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Expion360 and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Expion360 Stock

Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Expion360. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

To learn how to invest in Expion360 Stock, please use our How to Invest in Expion360 guide.

Moving together with Expion360 Stock

0.66	ERII	Energy Recovery	Pair Corr
0.8	CXT	Crane NXT	Pair Corr
0.62	JBI	Janus International	Pair Corr

Moving against Expion360 Stock

0.72	PH	Parker Hannifin	Pair Corr
0.72	DOV	Dover	Pair Corr
0.67	600765	AVIC Heavy Machinery	Pair Corr
0.64	301028	Xiamen East Asia	Pair Corr
0.64	DCI	Donaldson	Pair Corr
0.63	PL	Planet Labs PBC	Pair Corr
0.63	CVR	Chicago Rivet Machine	Pair Corr
0.57	RFG	Roebuck Food Group	Pair Corr
0.48	688028	Beijing Worldia Diamond	Pair Corr
0.47	IR	Ingersoll Rand	Pair Corr
0.45	HI	Hillenbrand	Pair Corr
0.78	FTV	Fortive Corp	Pair Corr
0.73	MLI	Mueller Industries	Pair Corr
0.69	MEC	Mayville Engineering	Pair Corr
0.67	WWD	Woodward	Pair Corr
0.66	FLS	Flowserve	Pair Corr
0.65	IEX	IDEX	Pair Corr
0.58	SWK	Stanley Black Decker	Pair Corr
0.54	GRC	Gorman Rupp	Pair Corr
0.52	SNA	Snap On	Pair Corr
0.49	FSTR	LB Foster	Pair Corr
0.44	GGG	Graco Inc	Pair Corr
0.37	GHM	Graham	Pair Corr

Related Correlations Analysis

	SUNE	ATXG	UGRO	PWDY	BAER	CIGL	RAYA	BKYI	CLIK	ELOG
SUNE		0.63	0.52	0.32	-0.27	0.84	0.68	0.49	0.66	0.85	SUNE
ATXG	0.63		0.6	0.71	-0.3	0.51	0.75	0.04	0.35	0.44	ATXG
UGRO	0.52	0.6		0.46	-0.4	0.63	0.63	-0.12	0.42	0.33	UGRO
PWDY	0.32	0.71	0.46		-0.07	0.29	0.75	-0.21	0.05	-0.01	PWDY
BAER	-0.27	-0.3	-0.4	-0.07		-0.34	-0.24	-0.02	-0.29	-0.34	BAER
CIGL	0.84	0.51	0.63	0.29	-0.34		0.6	0.33	0.65	0.78	CIGL
RAYA	0.68	0.75	0.63	0.75	-0.24	0.6		0.02	0.35	0.39	RAYA
BKYI	0.49	0.04	-0.12	-0.21	-0.02	0.33	0.02		0.57	0.63	BKYI
CLIK	0.66	0.35	0.42	0.05	-0.29	0.65	0.35	0.57		0.74	CLIK
ELOG	0.85	0.44	0.33	-0.01	-0.34	0.78	0.39	0.63	0.74		ELOG
	SUNE	ATXG	UGRO	PWDY	BAER	CIGL	RAYA	BKYI	CLIK	ELOG

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

ELOG	+ 0.85	SUNE
CIGL	+ 0.84	SUNE
ELOG	+ 0.78	CIGL
RAYA	+ 0.75	ATXG
RAYA	+ 0.75	PWDY
ELOG	+ 0.74	CLIK

High negative correlations

BAER	- 0.4	UGRO
ELOG	- 0.34	BAER
CIGL	- 0.34	BAER
BAER	- 0.3	ATXG
CLIK	- 0.29	BAER
BAER	- 0.27	SUNE

Risk-Adjusted Indicators

There is a big difference between Expion360 Stock performing well and Expion360 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 Expion360'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
SUNE	2.96	(0.91)	0.00	(0.26)	0.00	0.00	5.48	(5.81)	27.32
ATXG	3.87	(1.27)	0.00	(264.76)	0.00	0.00	6.38	(7.84)	31.39
UGRO	6.54	(0.08)	0.00	0.03	6.93	(9.72)	16.13	(12.00)	73.35
PWDY	5.57	0.21	0.00	(0.03)	6.65	(8.84)	15.38	(16.67)	38.86
BAER	3.15	0.46	0.14	0.33	2.89	(4.08)	10.59	(5.35)	17.28
CIGL	4.21	(0.65)	0.00	(0.45)	0.00	0.00	7.73	(8.62)	27.15
RAYA	4.93	(0.81)	0.00	(0.45)	0.00	0.00	9.47	(11.45)	31.81
BKYI	5.29	(0.16)	(0.01)	0.00	5.75	(7.13)	9.26	(9.71)	69.05
CLIK	5.86	(0.44)	0.00	(0.59)	0.00	0.00	14.91	(11.13)	96.16
ELOG	5.07	(0.68)	0.00	0.61	0.00	0.00	6.96	(11.25)	37.72

Expion360 Corporate Management

Carson Heagen	Interim Officer	Profile
Greg Aydelot	Chief Officer	Profile
Greg Aydelott	Chief Officer	Profile
John Yozamp	CEO Chairman	Profile

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