CHS Correlations
| CHSCP Preferred Stock | USD 28.82 0.06 0.21% |
The current 90-days correlation between CHS Inc CP and CHS Inc CL is 0.51 (i.e., Very weak diversification). The correlation of CHS 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.
CHS Correlation With Market
Good diversification
The correlation between CHS Inc CP and DJI is -0.01 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding CHS Inc CP 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 CP to buy it.
Moving together with CHS Preferred Stock
| 0.77 | CHSCM | CHS Inc CM | PairCorr |
| 0.61 | AAGRW | African Agriculture | PairCorr |
| 0.88 | SVIN | Scheid Vineyards | PairCorr |
| 0.81 | FC | Franklin Covey | PairCorr |
| 0.71 | KO | Coca Cola Fiscal Year End 11th of February 2025 | PairCorr |
| 0.81 | UG | United Guardian | PairCorr |
| 0.64 | UL | Unilever PLC ADR | PairCorr |
| 0.71 | DOLE | Dole PLC | PairCorr |
| 0.72 | DTCK | Davis Commodities | PairCorr |
Moving against CHS Preferred Stock
| 0.92 | MO | Altria Group | PairCorr |
| 0.78 | TR | Tootsie Roll Industries | PairCorr |
| 0.76 | GO | Grocery Outlet Holding | PairCorr |
| 0.69 | BJ | BJs Wholesale Club | PairCorr |
| 0.69 | KR | Kroger Company | PairCorr |
| 0.61 | PM | Philip Morris Intern | PairCorr |
| 0.45 | K | Kellanova Sell-off Trend | PairCorr |
| 0.45 | PG | Procter Gamble | PairCorr |
| 0.41 | LW | Lamb Weston Holdings | PairCorr |
| 0.78 | CENTA | Central Garden Pet | PairCorr |
| 0.74 | WILC | G Willi Food Earnings Call This Week | PairCorr |
| 0.71 | ACI | Albertsons Companies | PairCorr |
| 0.64 | WEST | Westrock Coffee | PairCorr |
| 0.64 | FIZZ | National Beverage Corp | PairCorr |
| 0.58 | IMKTA | Ingles Markets | PairCorr |
| 0.48 | ACU | Acme United | PairCorr |
| 0.44 | AVO | Mission Produce Earnings Call This Week | PairCorr |
| 0.4 | EAST | Eastside Distilling | PairCorr |
| 0.35 | FARM | Farmer Bros | PairCorr |
Related Correlations Analysis
| 0.36 | 0.45 | 0.47 | 0.21 | CHSCL | ||
| 0.36 | 0.82 | 0.58 | -0.26 | CHSCN | ||
| 0.45 | 0.82 | 0.77 | -0.32 | CHSCM | ||
| 0.47 | 0.58 | 0.77 | -0.29 | CHSCP | ||
| 0.21 | -0.26 | -0.32 | -0.29 | BANFP | ||
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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
| High negative correlations
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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 | 0.00 | (0.21) | 0.12 | 0.45 | 0.58 | 2.02 | |||
| CHSCN | 0.36 | (0.01) | (0.22) | (0.03) | 0.49 | 0.70 | 2.75 | |||
| CHSCM | 0.37 | (0.01) | (0.25) | (0.01) | 0.43 | 0.75 | 2.54 | |||
| CHSCP | 0.49 | (0.05) | 0.00 | 4.42 | 0.00 | 0.89 | 4.41 | |||
| BANFP | 0.39 | 0.05 | (0.09) | (0.51) | 0.53 | 0.98 | 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?
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SectorsList of equity sectors categorizing publicly traded companies based on their primary business activities |
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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 |