Flutter Entertainment Correlations

FLUT Stock

111.40 5.32 5.02%

The current 90-days correlation between Flutter Entertainment plc and Medirom Healthcare Technologies is 0.2 (i.e., Modest diversification). The correlation of Flutter Entertainment 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.

Flutter Entertainment Correlation With Market

Excellent diversification

The correlation between Flutter Entertainment plc and DJI is -0.55 (i.e., Excellent diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Flutter Entertainment plc and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Flutter Stock

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

Moving together with Flutter Stock

0.61	IH	Ihuman Inc	Pair Corr
0.75	MB	MasterBeef Group Ordinary	Pair Corr
0.79	SG	Sweetgreen	Pair Corr
0.98	DKNG	DraftKings Aggressive Push	Pair Corr
0.86	DNUT	Krispy Kreme	Pair Corr
0.64	HFG0	HELLOFRESH UNSPADS025	Pair Corr
0.84	VENU	Venu Holding	Pair Corr
0.9	RFG	Retail Food Group	Pair Corr
0.96	CHR	Churchill Downs	Pair Corr
0.96	6GI0	ENTAIN PLC UNSPADR1 Earnings Call Tomorrow	Pair Corr

Moving against Flutter Stock

0.51	DPP	DP Poland Plc	Pair Corr
0.36	BH	Biglari Holdings	Pair Corr
0.88	YNGA	Young CoS Brewery	Pair Corr
0.81	MDO0	MCDONALDS CDR	Pair Corr
0.75	MABB	Mitchells Butlers plc	Pair Corr
0.67	3YU	JIUMAOJIU INTL HLDGS	Pair Corr
0.54	36T	GENTING SG LTD	Pair Corr
0.78	BBT	Betr Entertainment	Pair Corr
0.78	CF2	The Cheesecake Factory	Pair Corr
0.75	KW9A	Galaxy Entertainment	Pair Corr
0.66	VARE	Various Eateries PLC	Pair Corr
0.57	BDL	Flanigans Enterprises Downward Rally	Pair Corr
0.39	ROW	Texas Roadhouse	Pair Corr

Related Correlations Analysis

	FLYE	ATER	YJ	WKHS	MRM	DSS	CENN	LOBO
FLYE		0.74	-0.04	0.62	0.72	0.34	0.72	0.6	FLYE
ATER	0.74		-0.04	0.54	0.68	0.35	0.79	0.64	ATER
YJ	-0.04	-0.04		0.28	0.07	0.29	0.09	0.37	YJ
WKHS	0.62	0.54	0.28		0.66	0.38	0.73	0.53	WKHS
MRM	0.72	0.68	0.07	0.66		0.22	0.75	0.71	MRM
DSS	0.34	0.35	0.29	0.38	0.22		0.5	0.16	DSS
CENN	0.72	0.79	0.09	0.73	0.75	0.5		0.58	CENN
LOBO	0.6	0.64	0.37	0.53	0.71	0.16	0.58		LOBO
	FLYE	ATER	YJ	WKHS	MRM	DSS	CENN	LOBO

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

CENN	+ 0.79	ATER
CENN	+ 0.75	MRM
ATER	+ 0.74	FLYE
CENN	+ 0.73	WKHS
MRM	+ 0.72	FLYE
CENN	+ 0.72	FLYE

High negative correlations

YJ	- 0.04	ATER
YJ	- 0.04	FLYE

Risk-Adjusted Indicators

There is a big difference between Flutter Stock performing well and Flutter Entertainment 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 Flutter Entertainment'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
FLYE	11.07	1.37	0.11	(0.17)	9.10	(17.62)	15.36	(17.34)	284.75
ATER	3.62	(0.35)	0.00	(0.19)	0.00	0.00	7.69	(7.46)	28.48
YJ	3.36	0.18	0.03	0.43	4.40	(4.03)	7.86	(7.45)	30.41
WKHS	3.51	(1.76)	0.00	(0.60)	0.00	0.00	5.39	(8.45)	29.78
MRM	2.11	(0.61)	0.00	(0.89)	0.00	0.00	4.32	(5.63)	14.54
DSS	3.75	(0.16)	0.00	(0.14)	0.00	0.00	11.82	(6.42)	50.17
CENN	4.04	(0.41)	0.00	(0.38)	0.00	0.00	11.76	(7.14)	23.86
LOBO	4.27	0.16	0.02	0.43	5.33	(5.22)	12.31	(8.06)	39.37

Flutter Entertainment Corporate Management

Phil Bishop	Chief Officer	Profile
Padraig Riordain	Group Officer	Profile
Robert Coldrake	Chief Officer	Profile
Paul Tymms	Group Relations	Profile
Daniel Taylor	Chief International	Profile
Fiona Gildea	Head Secretary	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