Matson Correlations

Matson Correlation With Market

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Matson Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

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 MITP + 0.79 GAINN AGNC + 0.7 MITP AGNC + 0.68 GAINN CODI-P-A + 0.3 HUSIF AIV + 0.16 MTG AGNC + 0.14 MTG

High negative correlations CODI-P-A - 0.73 MITP CODI-P-A - 0.67 GAINN HUSIF - 0.57 MITP CODI-P-A - 0.51 AGNC AGNC - 0.44 HUSIF MTG - 0.35 HUSIF

Risk-Adjusted Indicators

There is a big difference between Matson Stock performing well and Matson 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 Matson'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.