Terawulf Correlations

WULF Stock

USD 5.13 0.23 4.29%

The current 90-days correlation between Terawulf and First BITCoin Capital is 0.3 (i.e., Weak 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 -0.05 (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.

Build AI portfolio with Terawulf Stock

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

0.91	GS	Goldman Sachs Group	Pair Corr
0.88	AXP	American Express	Pair Corr
0.9	COF	Capital One Financial Earnings Call This Week	Pair Corr
0.91	SCM	Stellus Capital Inve	Pair Corr
0.78	GAIN	Gladstone Investment	Pair Corr
0.95	GLAD	Gladstone Capital	Pair Corr
0.88	HTGC	Hercules Capital	Pair Corr
0.9	MAIN	Main Street Capital	Pair Corr
0.72	OPFI	OppFi Inc	Pair Corr
0.94	PFLT	PennantPark Floating Rate	Pair Corr
0.86	PYPL	PayPal Holdings Aggressive Push	Pair Corr
0.89	ALLY	Ally Financial	Pair Corr
0.95	ARCC	Ares Capital	Pair Corr
0.93	TPVG	Triplepoint Venture	Pair Corr
0.95	TSLX	Sixth Street Specialty	Pair Corr
0.9	CSWC	Capital Southwest	Pair Corr
0.93	C	Citigroup Aggressive Push	Pair Corr
0.84	L	Loews Corp	Pair Corr
0.91	DHIL	Diamond Hill Investment	Pair Corr
0.75	AB	AllianceBernstein Earnings Call This Week	Pair Corr
0.8	AC	Associated Capital	Pair Corr
0.91	AX	Axos Financial	Pair Corr
0.92	BK	Bank of New York	Pair Corr
0.91	BN	Brookfield Corp	Pair Corr
0.83	BX	Blackstone Group Normal Trading	Pair Corr
0.76	BY	Byline Bancorp Earnings Call This Week	Pair Corr
0.94	CG	Carlyle Group Earnings Call This Week	Pair Corr
0.94	CM	Canadian Imperial Bank	Pair Corr
0.9	DB	Deutsche Bank AG Earnings Call This Week	Pair Corr
0.72	HG	Hamilton Insurance Group,	Pair Corr
0.92	IX	Orix Corp Ads	Pair Corr

Moving against Terawulf Stock

0.39	PSEC	Prospect Capital	Pair Corr
0.69	EG	Everest Group	Pair Corr
0.65	FG	FG Annuities Life	Pair Corr
0.37	LX	Lexinfintech Holdings	Pair Corr

Related Correlations Analysis

	BITCF	BLKCF	MSTSX	LBHIX	VIASP	RRTLX	OSHDF	70082LAB3	SITKF	RWAYL
BITCF		0.0	-0.78	-0.75	-0.8	-0.75	0.0	0.39	0.34	-0.78	BITCF
BLKCF	0.0		0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	BLKCF
MSTSX	-0.78	0.0		0.98	0.98	1.0	0.0	-0.1	-0.14	0.95	MSTSX
LBHIX	-0.75	0.0	0.98		0.97	0.98	0.0	-0.06	-0.09	0.94	LBHIX
VIASP	-0.8	0.0	0.98	0.97		0.98	0.0	-0.15	-0.19	0.97	VIASP
RRTLX	-0.75	0.0	1.0	0.98	0.98		0.0	-0.09	-0.13	0.96	RRTLX
OSHDF	0.0	0.0	0.0	0.0	0.0	0.0		0.0	0.0	0.0	OSHDF
70082LAB3	0.39	0.0	-0.1	-0.06	-0.15	-0.09	0.0		0.74	-0.21	70082LAB3
SITKF	0.34	0.0	-0.14	-0.09	-0.19	-0.13	0.0	0.74		-0.18	SITKF
RWAYL	-0.78	0.0	0.95	0.94	0.97	0.96	0.0	-0.21	-0.18		RWAYL
	BITCF	BLKCF	MSTSX	LBHIX	VIASP	RRTLX	OSHDF	70082LAB3	SITKF	RWAYL

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

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

RRTLX	+ 1.0	MSTSX
LBHIX	+ 0.98	MSTSX
VIASP	+ 0.98	MSTSX
RRTLX	+ 0.98	LBHIX
RRTLX	+ 0.98	VIASP
VIASP	+ 0.97	LBHIX

High negative correlations

VIASP	- 0.8	BITCF
RWAYL	- 0.78	BITCF
MSTSX	- 0.78	BITCF
RRTLX	- 0.75	BITCF
LBHIX	- 0.75	BITCF
RWAYL	- 0.21	70082LAB3

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
BITCF	2.25	(0.25)	0.00	0.21	0.00	0.00	0.00	0.00	108.33
BLKCF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
MSTSX	0.50	0.21	0.09	(2.16)	0.31	(0.58)	1.45	(1.17)	3.51
LBHIX	0.18	0.05	(0.20)	0.44	0.00	(0.33)	0.49	(0.24)	1.22
VIASP	0.45	0.15	0.09	1.19	0.00	(0.58)	1.01	(0.76)	4.38
RRTLX	0.24	0.10	(0.09)	(2.41)	0.00	(0.31)	0.76	(0.39)	1.74
OSHDF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
70082LAB3	1.56	0.02	0.00	0.11	0.00	0.00	2.55	(4.54)	20.47
SITKF	2.97	0.32	0.01	(0.20)	3.61	(4.66)	6.25	(6.98)	23.19
RWAYL	0.15	0.04	(0.41)	1.21	0.00	(0.20)	0.36	(0.24)	1.01

Terawulf Corporate Management

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

2025 Macroaxis LLC