Sylvamo Corp Correlations

SLVM Stock

USD 93.14 0.85 0.92%

The current 90-days correlation between Sylvamo Corp and Mercer International is 0.2 (i.e., Modest diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Sylvamo Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sylvamo Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Sylvamo Corp Correlation With Market

Very weak diversification

The correlation between Sylvamo Corp and DJI is 0.5 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Sylvamo Corp and DJI in the same portfolio, assuming nothing else is changed.

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sylvamo Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

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

Moving together with Sylvamo Stock

0.82	X	United States Steel	Pair Corr
0.9	AA	Alcoa Corp Fiscal Year End 15th of January 2025	Pair Corr
0.73	CC	Chemours	Pair Corr
0.63	CF	CF Industries Holdings	Pair Corr
0.73	IE	Ivanhoe Electric	Pair Corr
0.87	MP	MP Materials Corp	Pair Corr
0.72	MT	ArcelorMittal SA ADR	Pair Corr
0.7	OR	Osisko Gold Ro	Pair Corr
0.87	RS	Reliance Steel Aluminum	Pair Corr
0.82	WS	Worthington Steel	Pair Corr
0.62	ECVT	Ecovyst Buyout Trend	Pair Corr

Moving against Sylvamo Stock

0.63	MKDTY	Molecular Data	Pair Corr
0.55	CE	Celanese	Pair Corr
0.54	NB	NioCorp Developments	Pair Corr
0.49	NG	NovaGold Resources	Pair Corr
0.47	CLW	Clearwater Paper	Pair Corr
0.46	DNMR	Danimer Scientific	Pair Corr
0.39	AU	AngloGold Ashanti plc	Pair Corr
0.78	FMST	Foremost Lithium Resource	Pair Corr
0.78	BYU	BAIYU Holdings	Pair Corr
0.69	NORNQ	Noranda Aluminum Holding	Pair Corr
0.58	ELBM	Electra Battery Materials	Pair Corr
0.54	BAK	Braskem SA Class	Pair Corr
0.51	ASH	Ashland Global Holdings	Pair Corr
0.47	WEBC	Webco Industries	Pair Corr
0.46	FEAM	5E Advanced Materials	Pair Corr

Related Correlations Analysis

	MERC	SUZ	UPMMY	CLW	KLBAY	MONDY	HLMNY	CFPUF	NDGPY
MERC		0.03	0.13	-0.41	-0.12	0.13	0.38	0.72	0.69	MERC
SUZ	0.03		-0.69	-0.67	-0.36	-0.79	0.19	0.25	0.23	SUZ
UPMMY	0.13	-0.69		0.6	0.5	0.96	-0.29	0.0	0.08	UPMMY
CLW	-0.41	-0.67	0.6		0.41	0.65	-0.64	-0.52	-0.48	CLW
KLBAY	-0.12	-0.36	0.5	0.41		0.54	-0.24	-0.25	-0.09	KLBAY
MONDY	0.13	-0.79	0.96	0.65	0.54		-0.3	-0.03	0.0	MONDY
HLMNY	0.38	0.19	-0.29	-0.64	-0.24	-0.3		0.32	0.3	HLMNY
CFPUF	0.72	0.25	0.0	-0.52	-0.25	-0.03	0.32		0.66	CFPUF
NDGPY	0.69	0.23	0.08	-0.48	-0.09	0.0	0.3	0.66		NDGPY
	MERC	SUZ	UPMMY	CLW	KLBAY	MONDY	HLMNY	CFPUF	NDGPY

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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

MONDY	+ 0.96	UPMMY
CFPUF	+ 0.72	MERC
NDGPY	+ 0.69	MERC
NDGPY	+ 0.66	CFPUF
MONDY	+ 0.65	CLW
CLW	+ 0.6	UPMMY

High negative correlations

MONDY	- 0.79	SUZ
UPMMY	- 0.69	SUZ
CLW	- 0.67	SUZ
HLMNY	- 0.64	CLW
CFPUF	- 0.52	CLW
NDGPY	- 0.48	CLW

Risk-Adjusted Indicators

There is a big difference between Sylvamo Stock performing well and Sylvamo Corp 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 Sylvamo Corp'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
MERC	2.16	(0.11)	(0.01)	0.05	2.65	(2.25)	4.62	(4.42)	19.28
SUZ	1.19	0.05	(0.05)	(2.29)	1.24	(1.41)	2.53	(2.03)	8.05
UPMMY	1.27	(0.32)	0.00	(3.49)	0.00	0.00	2.37	(3.05)	6.61
CLW	2.00	(0.47)	0.00	(0.19)	0.00	0.00	3.63	(3.93)	15.00
KLBAY	1.94	(0.10)	0.00	0.59	0.00	0.00	3.85	(4.84)	15.74
MONDY	1.51	(0.38)	0.00	(1.04)	0.00	0.00	2.76	(3.33)	11.30
HLMNY	0.32	0.20	0.00	(0.43)	0.00	0.00	0.00	0.00	8.12
CFPUF	1.35	0.15	0.00	(0.70)	2.25	(9.05)	7.69	(5.48)	27.68
NDGPY	2.44	0.40	0.03	(0.48)	3.43	(8.39)	9.94	(5.38)	52.82

Sylvamo Corp Corporate Management

Matthew Barron	General VP	Profile
Peggy Maes	Senior Officer	Profile
Hans Bjorkman	Vice Relations	Profile
Tatiana Kalman	Senior America	Profile
Oliver Taudien	Senior Europe	Profile
Greg Gibson	Senior Excellence	Profile

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