Greif Bros Correlations
GEF Stock | USD 66.86 1.09 1.66% |
The current 90-days correlation between Greif Bros and Greif Inc is 0.94 (i.e., Almost no diversification). The correlation of Greif Bros 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.
Greif Bros Correlation With Market
Weak diversification
The correlation between Greif Bros and DJI is 0.35 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Greif Bros and DJI in the same portfolio, assuming nothing else is changed.
Moving together with Greif Stock
0.87 | OI | O I Glass Earnings Call This Week | PairCorr |
0.62 | SW | Smurfit WestRock plc Potential Growth | PairCorr |
0.64 | AVY | Avery Dennison Corp Earnings Call Today | PairCorr |
0.86 | CCK | Crown Holdings | PairCorr |
0.93 | MYE | Myers Industries | PairCorr |
0.74 | PKG | Packaging Corp | PairCorr |
0.63 | SEE | Sealed Air | PairCorr |
0.88 | TRS | TriMas Earnings Call This Week | PairCorr |
0.85 | AMBP | Ardagh Metal Packaging Earnings Call Tomorrow | PairCorr |
0.66 | SLGN | Silgan Holdings | PairCorr |
0.9 | BALL | Ball | PairCorr |
0.86 | MB | MasterBeef Group Ordinary | PairCorr |
0.72 | EFOI | Energy Focu | PairCorr |
0.83 | F-PB | Ford Motor | PairCorr |
0.85 | F-PC | Ford Motor | PairCorr |
0.86 | F-PD | F PD | PairCorr |
0.68 | WBUY | WEBUY GLOBAL LTD Downward Rally | PairCorr |
0.81 | EVRI | Everi Holdings | PairCorr |
0.93 | FIGS | Figs Inc | PairCorr |
0.85 | AGS | PlayAGS | PairCorr |
0.88 | AIN | Albany International Earnings Call This Week | PairCorr |
0.91 | CYD | China Yuchai Interna | PairCorr |
0.69 | FLL | Full House Resorts | PairCorr |
Moving against Greif Stock
0.8 | REYN | Reynolds Consumer | PairCorr |
0.67 | VIRC | Virco Manufacturing | PairCorr |
0.59 | GPK | Graphic Packaging Holding Earnings Call This Week | PairCorr |
0.82 | KLC | KinderCare Learning | PairCorr |
0.81 | FRSX | Foresight Autonomous | PairCorr |
0.78 | HRB | HR Block | PairCorr |
0.72 | FUN | Six Flags Entertainment | PairCorr |
0.7 | JXG | JX Luxventure Limited Symbol Change | PairCorr |
0.6 | CHA | Chagee Holdings | PairCorr |
0.53 | HDL | SUPER HI INTERNATIONAL | PairCorr |
Related Correlations Analysis
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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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Greif Stock performing well and Greif Bros 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 Greif Bros' 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 | ||
---|---|---|---|---|---|---|---|---|---|---|
GEF-B | 1.54 | 0.21 | 0.15 | 0.35 | 1.09 | 3.53 | 15.93 | |||
MYE | 1.75 | 0.67 | 0.34 | (10.80) | 1.01 | 4.62 | 10.60 | |||
SLGN | 0.98 | 0.06 | 0.04 | 0.20 | 0.80 | 2.32 | 6.23 | |||
OI | 1.68 | 0.30 | 0.16 | 0.43 | 1.49 | 3.77 | 11.42 | |||
PKG | 1.12 | (0.04) | (0.02) | 0.10 | 1.15 | 2.21 | 9.41 | |||
ATR | 0.86 | 0.01 | (0.02) | 0.15 | 1.05 | 2.30 | 6.25 | |||
SON | 1.42 | (0.04) | (0.01) | 0.09 | 2.47 | 3.52 | 15.92 | |||
GPK | 1.32 | (0.24) | 0.00 | (0.14) | 0.00 | 2.77 | 18.97 |