CHS Correlations
| CHSCO Preferred Stock | USD 26.85 0.25 0.94% |
The current 90-days correlation between CHS Inc Pref and CHS Inc CL is 0.71 (i.e., Poor diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CHS moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CHS Inc Pref moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
CHS Correlation With Market
Average diversification
The correlation between CHS Inc Pref and DJI is 0.1 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding CHS Inc Pref and DJI in the same portfolio, assuming nothing else is changed.
CHS |
The ability to find closely correlated positions to CHS could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CHS 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 CHS - 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 CHS Inc Pref to buy it.
Moving together with CHS Preferred Stock
| 0.86 | CHSCL | CHS Inc CL | PairCorr |
| 0.79 | CHSCM | CHS Inc CM | PairCorr |
| 0.8 | CHSCN | CHS Inc CN | PairCorr |
| 0.69 | K | Kellanova | PairCorr |
Moving against CHS Preferred Stock
| 0.7 | SISI | Shineco | PairCorr |
| 0.63 | EDBL | Edible Garden AG | PairCorr |
| 0.54 | AAGR | African Agriculture Symbol Change | PairCorr |
| 0.52 | VFF | Village Farms Intern | PairCorr |
| 0.5 | CL | Colgate Palmolive Fiscal Year End 24th of January 2025 | PairCorr |
| 0.39 | BG | Bunge Limited | PairCorr |
| 0.37 | AAGRW | African Agriculture Symbol Change | PairCorr |
| 0.37 | COOT | Australian Oilseeds | PairCorr |
| 0.34 | DTCK | Davis Commodities | PairCorr |
| 0.83 | FARM | Farmer Bros | PairCorr |
| 0.73 | EAST | Eastside Distilling | PairCorr |
| 0.57 | WEST | Westrock Coffee | PairCorr |
| 0.44 | DLTR | Dollar Tree Earnings Call This Week | PairCorr |
| 0.43 | CENTA | Central Garden Pet | PairCorr |
Related Correlations Analysis
| 0.61 | 0.62 | 0.36 | 0.64 | CHSCL | ||
| 0.61 | 0.85 | 0.47 | 0.26 | CHSCN | ||
| 0.62 | 0.85 | 0.69 | 0.17 | CHSCM | ||
| 0.36 | 0.47 | 0.69 | 0.03 | CHSCP | ||
| 0.64 | 0.26 | 0.17 | 0.03 | BANFP | ||
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between CHS Preferred Stock performing well and CHS 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 CHS'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CHSCL | 0.30 | 0.02 | (0.17) | 0.38 | 0.38 | 0.58 | 2.02 | |||
| CHSCN | 0.38 | (0.01) | (0.21) | (0.01) | 0.51 | 0.70 | 2.75 | |||
| CHSCM | 0.38 | (0.01) | (0.25) | (0.02) | 0.44 | 0.75 | 2.54 | |||
| CHSCP | 0.51 | (0.07) | 0.00 | 18.43 | 0.00 | 0.89 | 4.41 | |||
| BANFP | 0.43 | 0.03 | (0.10) | (0.48) | 0.61 | 0.94 | 4.54 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in CHS without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Portfolio Comparator Now
Portfolio ComparatorCompare the composition, asset allocations and performance of any two portfolios in your account |
| All Next | Launch Module |
CHS Corporate Management
| Richard Dusek | Ex Operations | Profile | |
| John Lenzi | VP Compliance | Profile | |
| Darin Hunhoff | Ex Energy | Profile | |
| David Black | Chief Strategy | Profile | |
| John Griffith | Exec Hedging | Profile | |
| Hanna Nelligan | Ex CFO | Profile |