Smart Share Correlations

EM Stock

USD 1.17 0.01 0.86%

The current 90-days correlation between Smart Share Global and JJill Inc is 0.01 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Smart Share moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Smart Share Global moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Smart Share Correlation With Market

Pay attention - limited upside

The correlation between Smart Share Global and DJI is -0.79 (i.e., Pay attention - limited upside) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Smart Share Global and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Smart Stock

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

Moving together with Smart Stock

0.8	FATBB	FAT Brands	Pair Corr
0.77	PZZA	Papa Johns International	Pair Corr
0.83	ARKR	Ark Restaurants Corp	Pair Corr
0.73	GLABF	Gemina Laboratories	Pair Corr

Moving against Smart Stock

0.9	SGR	The Star Entertainment	Pair Corr
0.89	CMG	Chipotle Mexican Grill	Pair Corr
0.85	DRI	Darden Restaurants	Pair Corr
0.83	SKC	Skycity Entertainment Earnings Call This Week	Pair Corr
0.79	BET	Betmakers Technology	Pair Corr
0.76	CEH	Coast Entertainment Earnings Call This Week	Pair Corr
0.76	RAVE	Rave Restaurant Group	Pair Corr
0.76	MTY	MTY Food Group Earnings Call This Week	Pair Corr
0.73	YUM	Yum Brands	Pair Corr
0.69	JACK	Jack In Earnings Call This Week	Pair Corr
0.68	SBUX	Starbucks	Pair Corr
0.66	GH	Gamehost	Pair Corr
0.57	WING	Wingstop Earnings Call This Week	Pair Corr
0.51	YUMC	Yum China Holdings	Pair Corr
0.51	SHAK	Shake Shack	Pair Corr
0.45	AGI	Ainsworth Game Technology	Pair Corr
0.33	BBT	Betr Entertainment	Pair Corr
0.32	MCD	McDonalds	Pair Corr
0.71	DD	Dupont De Nemours	Pair Corr
0.7	GE	GE Aerospace Sell-off Trend	Pair Corr
0.66	XOM	Exxon Mobil Corp Aggressive Push	Pair Corr
0.64	JNJ	Johnson Johnson	Pair Corr
0.64	WMT	Walmart Common Stock Earnings Call This Week	Pair Corr
0.55	DIS	Walt Disney	Pair Corr
0.38	BAC	Bank of America	Pair Corr
0.35	PFE	Pfizer Inc Aggressive Push	Pair Corr
0.34	NFG	National Fuel Gas	Pair Corr

Related Correlations Analysis

	CALI	JILL	MSC	DOGZ	FLXS	HBB	FNKO	MED	CRMT	DBI
CALI		0.61	-0.53	-0.77	0.72	0.9	0.79	0.0	0.49	0.52	CALI
JILL	0.61		-0.33	-0.44	0.5	0.66	0.57	0.17	0.35	0.11	JILL
MSC	-0.53	-0.33		0.52	-0.45	-0.61	-0.34	-0.17	-0.59	-0.55	MSC
DOGZ	-0.77	-0.44	0.52		-0.61	-0.63	-0.66	0.06	-0.12	-0.21	DOGZ
FLXS	0.72	0.5	-0.45	-0.61		0.62	0.35	-0.02	0.26	0.41	FLXS
HBB	0.9	0.66	-0.61	-0.63	0.62		0.72	0.2	0.69	0.62	HBB
FNKO	0.79	0.57	-0.34	-0.66	0.35	0.72		0.18	0.35	0.33	FNKO
MED	0.0	0.17	-0.17	0.06	-0.02	0.2	0.18		0.31	0.36	MED
CRMT	0.49	0.35	-0.59	-0.12	0.26	0.69	0.35	0.31		0.84	CRMT
DBI	0.52	0.11	-0.55	-0.21	0.41	0.62	0.33	0.36	0.84		DBI
	CALI	JILL	MSC	DOGZ	FLXS	HBB	FNKO	MED	CRMT	DBI

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

HBB	+ 0.9	CALI
DBI	+ 0.84	CRMT
FNKO	+ 0.79	CALI
FLXS	+ 0.72	CALI
FNKO	+ 0.72	HBB
CRMT	+ 0.69	HBB

High negative correlations

DOGZ	- 0.77	CALI
FNKO	- 0.66	DOGZ
HBB	- 0.63	DOGZ
FLXS	- 0.61	DOGZ
HBB	- 0.61	MSC
CRMT	- 0.59	MSC

Risk-Adjusted Indicators

There is a big difference between Smart Stock performing well and Smart Share 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 Smart Share'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
CALI	0.03	0.00	(1.49)	0.00	0.00	(0.04)	0.06	(0.04)	0.14
JILL	2.13	0.07	0.02	0.14	2.95	(2.43)	5.40	(3.54)	19.92
MSC	3.51	0.00	0.00	0.07	0.00	0.00	7.32	(7.79)	25.28
DOGZ	5.83	(2.05)	0.00	(1.20)	0.00	0.00	5.26	(12.50)	82.52
FLXS	2.21	0.61	0.37	0.32	1.43	(2.71)	5.37	(3.04)	26.26
HBB	2.01	0.42	0.21	0.40	1.65	(2.48)	5.68	(3.68)	17.33
FNKO	3.12	0.03	0.04	0.08	3.30	(3.89)	10.69	(5.85)	21.94
MED	1.84	(0.21)	0.00	(0.12)	0.00	0.00	4.41	(4.26)	9.79
CRMT	3.34	0.10	0.04	0.15	3.29	(4.14)	7.71	(5.53)	18.39
DBI	4.81	0.81	0.22	0.38	3.80	(6.41)	10.22	(6.89)	57.86

Smart Share Corporate Management

Mars Cai	Chairman CEO	Profile
Yaoyu Zhang	Chief Officer	Profile
Xiaowei Li	Chief Officer	Profile
Yi Xin	CFO Director	Profile

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