ELF Beauty Correlations

ELF Stock

USD 86.15 1.16 1.36%

The current 90-days correlation between ELF Beauty and TAL Education Group is 0.01 (i.e., Significant diversification). The correlation of ELF Beauty 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.

ELF Beauty Correlation With Market

Significant diversification

The correlation between ELF Beauty and DJI is 0.08 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding ELF Beauty and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with ELF Stock

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ELF Beauty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

For more detail on how to invest in ELF Stock please use our How to Invest in ELF Beauty guide.

Moving together with ELF Stock

0.65	EPC	Edgewell Personal Care Earnings Call This Week	Pair Corr
0.66	ZIVO	Zivo Bioscience Trending	Pair Corr

Moving against ELF Stock

0.69	KVUE	Kenvue Inc Earnings Call This Week	Pair Corr
0.69	BRK-A	Berkshire Hathaway	Pair Corr
0.65	NATR	Natures Sunshine Products	Pair Corr
0.49	KPT	KP Tissue	Pair Corr
0.6	PANL	Pangaea Logistic	Pair Corr
0.4	PSSR	Passur Aerospace	Pair Corr
0.39	VLCN	Volcon Inc Symbol Change	Pair Corr
0.38	VRCA	Verrica Pharmaceuticals	Pair Corr
0.37	KO	Coca Cola Aggressive Push	Pair Corr
0.57	GAMN	Great American Food	Pair Corr
0.56	CSCO	Cisco Systems Aggressive Push	Pair Corr

Related Correlations Analysis

	TAL	INGR	OLLI	POST	SFM	CAG	DAR	COTY	LOPE	SFD
TAL		0.27	0.32	0.29	0.28	0.03	-0.09	0.6	0.54	-0.04	TAL
INGR	0.27		-0.41	-0.24	-0.14	0.29	0.66	-0.02	0.67	0.77	INGR
OLLI	0.32	-0.41		0.61	0.46	-0.19	-0.51	0.66	0.13	-0.68	OLLI
POST	0.29	-0.24	0.61		0.39	0.1	-0.55	0.63	0.31	-0.44	POST
SFM	0.28	-0.14	0.46	0.39		-0.04	-0.51	0.56	0.35	-0.47	SFM
CAG	0.03	0.29	-0.19	0.1	-0.04		0.31	-0.01	0.04	0.29	CAG
DAR	-0.09	0.66	-0.51	-0.55	-0.51	0.31		-0.51	0.04	0.77	DAR
COTY	0.6	-0.02	0.66	0.63	0.56	-0.01	-0.51		0.55	-0.43	COTY
LOPE	0.54	0.67	0.13	0.31	0.35	0.04	0.04	0.55		0.22	LOPE
SFD	-0.04	0.77	-0.68	-0.44	-0.47	0.29	0.77	-0.43	0.22		SFD
	TAL	INGR	OLLI	POST	SFM	CAG	DAR	COTY	LOPE	SFD

Please upgrade your account to get full access to Macroaxis premium features

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

SFD	+ 0.77	INGR
SFD	+ 0.77	DAR
LOPE	+ 0.67	INGR
DAR	+ 0.66	INGR
COTY	+ 0.66	OLLI
COTY	+ 0.63	POST

High negative correlations

SFD	- 0.68	OLLI
DAR	- 0.55	POST
COTY	- 0.51	DAR
DAR	- 0.51	SFM
DAR	- 0.51	OLLI
SFD	- 0.47	SFM

Risk-Adjusted Indicators

There is a big difference between ELF Stock performing well and ELF Beauty 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 ELF Beauty'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
TAL	2.15	0.04	0.01	0.10	2.11	(2.80)	5.32	(3.66)	14.18
INGR	0.80	0.00	(0.01)	0.03	1.30	(0.83)	2.26	(1.63)	6.05
OLLI	1.59	(0.21)	0.00	(0.13)	0.00	0.00	2.89	(2.82)	9.34
POST	1.20	(0.09)	0.00	(0.36)	0.00	0.00	2.06	(2.44)	9.22
SFM	2.10	(0.57)	0.00	(0.72)	0.00	0.00	3.16	(3.68)	26.11
CAG	1.31	0.05	0.02	0.18	1.71	(1.27)	3.11	(2.54)	7.17
DAR	1.70	0.40	0.22	0.39	1.50	(1.95)	4.51	(2.74)	10.67
COTY	1.82	(0.41)	0.00	(0.32)	0.00	0.00	2.61	(4.14)	9.89
LOPE	1.49	(0.36)	0.00	(0.45)	0.00	0.00	2.78	(3.56)	10.26
SFD	0.93	0.17	0.13	1.28	0.91	(1.08)	2.32	(1.60)	8.32

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2026 Macroaxis LLC