Chocoladefabriken Correlations
| CHLSY Stock | USD 16.65 0.02 0.12% |
The current 90-days correlation between Chocoladefabriken Lindt and Chocoladefabriken Lindt Sprngli is -0.08 (i.e., Good diversification). The correlation of Chocoladefabriken 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. If the correlation is 0, the equities are not correlated; they are entirely random.
Chocoladefabriken Correlation With Market
Good diversification
The correlation between Chocoladefabriken Lindt Sprngl and DJI is -0.16 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Chocoladefabriken Lindt Sprngl and DJI in the same portfolio, assuming nothing else is changed.
Chocoladefabriken |
The ability to find closely correlated positions to Chocoladefabriken could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chocoladefabriken when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Chocoladefabriken - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Chocoladefabriken Lindt Sprngli to buy it.
Moving together with Chocoladefabriken Pink Sheet
| 0.89 | LDSVF | Chocoladefabriken Lindt Earnings Call This Week | PairCorr |
| 0.79 | TR | Tootsie Roll Industries | PairCorr |
| 0.94 | KB | KB Financial Group Earnings Call This Week | PairCorr |
| 0.93 | SHG | Shinhan Financial | PairCorr |
| 0.9 | WF | Woori Financial Group | PairCorr |
| 0.85 | GOOG | Alphabet Class C Earnings Call This Week | PairCorr |
| 0.68 | CMG | Chipotle Mexican Grill Earnings Call This Week | PairCorr |
| 0.93 | SGMA | SigmaTron International | PairCorr |
| 0.68 | GIL | Gildan Activewear | PairCorr |
| 0.85 | MS | Morgan Stanley Earnings Call Tomorrow | PairCorr |
| 0.62 | RCAT | Red Cat Holdings Trending | PairCorr |
| 0.79 | BN | Brookfield Corp | PairCorr |
| 0.76 | LEVI | Levi Strauss | PairCorr |
| 0.92 | ULTA | Ulta Beauty | PairCorr |
| 0.87 | PAYS | Paysign | PairCorr |
Moving against Chocoladefabriken Pink Sheet
Related Correlations Analysis
| 0.71 | 0.16 | 0.42 | 0.43 | 0.4 | HSY | ||
| 0.71 | 0.47 | 0.54 | 0.39 | 0.3 | MDLZ | ||
| 0.16 | 0.47 | 0.36 | 0.74 | 0.15 | TR | ||
| 0.42 | 0.54 | 0.36 | 0.44 | 0.36 | RMCF | ||
| 0.43 | 0.39 | 0.74 | 0.44 | 0.25 | LDSVF | ||
| 0.4 | 0.3 | 0.15 | 0.36 | 0.25 | BRRLY | ||
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Risk-Adjusted Indicators
There is a big difference between Chocoladefabriken Pink Sheet performing well and Chocoladefabriken 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 Chocoladefabriken'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| HSY | 1.34 | (0.01) | (0.11) | 0.22 | 1.58 | 3.18 | 10.64 | |||
| MDLZ | 0.94 | 0.01 | (0.13) | 0.28 | 1.00 | 2.52 | 6.34 | |||
| TR | 1.18 | 0.23 | 0.02 | 1.32 | 1.24 | 2.96 | 7.40 | |||
| RMCF | 2.96 | 0.78 | 0.14 | 431.32 | 3.04 | 5.49 | 37.27 | |||
| LDSVF | 1.04 | 0.41 | 0.00 | (7.04) | 0.00 | 5.57 | 11.02 | |||
| BRRLY | 2.21 | (0.16) | 0.00 | 8.81 | 0.00 | 4.42 | 22.89 |
Be your own money manager
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Chocoladefabriken Corporate Management
| Guido Steiner | Member Officer | Profile | |
| Martin MA | Head CFO | Profile | |
| Rudi Blatter | Chief Canada | Profile | |
| Daniel Studer | Head Management | Profile | |
| Adalbert Lechner | Group Management | Profile | |
| Jennifer Picenoni | Group Management | Profile | |
| Ernst Tanner | Ex Directors | Profile |