Dairy Farm Correlations
| DFILF Stock | USD 2.18 0.00 0.00% |
The current 90-days correlation between Dairy Farm International and Grocery Outlet Holding is -0.07 (i.e., Good diversification). The correlation of Dairy Farm 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.
Dairy Farm Correlation With Market
Good diversification
The correlation between Dairy Farm International and DJI is -0.12 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Dairy Farm International and DJI in the same portfolio, assuming nothing else is changed.
Dairy |
The ability to find closely correlated positions to Dairy Farm could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dairy Farm 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 Dairy Farm - 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 Dairy Farm International to buy it.
Moving together with Dairy Pink Sheet
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| 0.82 | GNRC | Generac Holdings | PairCorr |
| 0.81 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
| 0.72 | TSM | Taiwan Semiconductor Fiscal Year End 16th of January 2025 | PairCorr |
| 0.72 | ALLT | Allot Communications | PairCorr |
| 0.66 | GNSS | Genasys Fiscal Year End 5th of December 2024 | PairCorr |
| 0.75 | WT | WisdomTree | PairCorr |
| 0.78 | PYPL | PayPal Holdings Aggressive Push | PairCorr |
| 0.82 | GRAB | Grab Holdings | PairCorr |
| 0.8 | GS | Goldman Sachs Group Fiscal Year End 21st of January 2025 | PairCorr |
| 0.84 | ZM | Zoom Video Communications | PairCorr |
| 0.74 | IMBBY | Imperial Brands PLC | PairCorr |
| 0.72 | ET | Energy Transfer LP Aggressive Push | PairCorr |
| 0.61 | UPXI | Upexi Inc | PairCorr |
| 0.85 | PPSI | Pioneer Power Solutions | PairCorr |
| 0.92 | TXRH | Texas Roadhouse | PairCorr |
| 0.75 | SOUN | SoundHound AI Downward Rally | PairCorr |
| 0.78 | NNE | Nano Nuclear Energy | PairCorr |
| 0.84 | PLTR | Palantir Technologies Aggressive Push | PairCorr |
| 0.88 | NCLH | Norwegian Cruise Line Aggressive Push | PairCorr |
| 0.72 | INTC | Intel Fiscal Year End 23rd of January 2025 | PairCorr |
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| 0.83 | NVDA | NVIDIA | PairCorr |
| 0.78 | OPFI | OppFi Inc | PairCorr |
Moving against Dairy Pink Sheet
| 0.72 | TSCDY | Tesco PLC | PairCorr |
| 0.65 | TSCDF | Tesco PLC | PairCorr |
| 0.59 | WOLWF | Woolworths Group | PairCorr |
| 0.4 | GGII | Green Globe International | PairCorr |
| 0.34 | AHODF | Koninklijke Ahold | PairCorr |
| 0.51 | AMIX | Autonomix Medical, Common Downward Rally | PairCorr |
| 0.37 | 717081ED1 | PFIZER INC 4125 | PairCorr |
Related Correlations Analysis
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Risk-Adjusted Indicators
There is a big difference between Dairy Pink Sheet performing well and Dairy Farm 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 Dairy Farm'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| NGVC | 2.36 | 0.78 | 0.32 | 0.50 | 1.97 | 6.30 | 16.25 | |||
| GO | 2.73 | 0.06 | 0.05 | 0.14 | 3.67 | 5.85 | 22.16 | |||
| VLGEA | 1.46 | (0.13) | (0.02) | 0.04 | 1.86 | 2.46 | 17.87 | |||
| IMKTA | 1.35 | (0.08) | (0.02) | 0.06 | 2.08 | 3.11 | 9.45 | |||
| ACI | 1.04 | (0.16) | 0.00 | (0.22) | 0.00 | 2.60 | 5.26 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Dairy Farm 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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Dairy Farm Corporate Management
| Soren Lauridsen | Chief Asia | Profile | |
| Clem Constantine | Property CFO | Profile | |
| Jan Lindstrom | Chief IKEA | Profile | |
| Marcus Spurrell | Chief Officer | Profile |