HelloFresh Correlations

HLFFF Stock

USD 11.86 0.39 3.18%

The current 90-days correlation between HelloFresh SE and Restaurant Brands International is -0.02 (i.e., Good diversification). The correlation of HelloFresh 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.

HelloFresh Correlation With Market

Good diversification

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

The ability to find closely correlated positions to HelloFresh could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace HelloFresh 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 HelloFresh - 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 HelloFresh SE to buy it.

Moving together with HelloFresh Pink Sheet

0.61	SBUX	Starbucks Aggressive Push	Pair Corr
0.75	YUMC	Yum China Holdings	Pair Corr
0.75	CHRRF	Chorus Aviation	Pair Corr
0.78	EME	EMCOR Group	Pair Corr
0.65	CQP	Cheniere Energy Partners	Pair Corr
0.8	NRG	NRG Energy	Pair Corr
0.64	WBD	Warner Bros Discovery Aggressive Push	Pair Corr
0.74	AXON	Axon Enterprise	Pair Corr
0.75	INTC	Intel Fiscal Year End 23rd of January 2025	Pair Corr
0.79	CHH	Choice Hotels Intern	Pair Corr
0.75	PLTR	Palantir Technologies Aggressive Push	Pair Corr
0.66	NVDA	NVIDIA	Pair Corr
0.71	SOFI	SoFi Technologies Aggressive Push	Pair Corr
0.67	ARCC	Ares Capital	Pair Corr

Moving against HelloFresh Pink Sheet

0.74	QLGN	Qualigen Therapeutics	Pair Corr
0.65	MULN	Mullen Automotive	Pair Corr
0.39	HMTLF	Hitachi Metals	Pair Corr
0.55	SGD	Safe and Green	Pair Corr
0.61	NTRR	Neutra Corp	Pair Corr

Related Correlations Analysis

	BH	PBPB	QSR	RRGB	ATGSY	ALSSF	BDVB	AWRRF	DIN	DENN
BH		0.81	-0.27	0.18	0.27	-0.71	-0.11	0.36	0.6	0.19	BH
PBPB	0.81		-0.19	0.25	0.41	-0.58	-0.02	0.42	0.7	0.27	PBPB
QSR	-0.27	-0.19		0.49	0.43	0.32	0.37	-0.05	-0.01	-0.06	QSR
RRGB	0.18	0.25	0.49		0.79	-0.37	0.54	0.39	0.39	0.33	RRGB
ATGSY	0.27	0.41	0.43	0.79		-0.37	0.48	0.49	0.47	0.23	ATGSY
ALSSF	-0.71	-0.58	0.32	-0.37	-0.37		-0.03	-0.68	-0.38	-0.25	ALSSF
BDVB	-0.11	-0.02	0.37	0.54	0.48	-0.03		0.11	-0.02	0.11	BDVB
AWRRF	0.36	0.42	-0.05	0.39	0.49	-0.68	0.11		0.34	0.19	AWRRF
DIN	0.6	0.7	-0.01	0.39	0.47	-0.38	-0.02	0.34		0.55	DIN
DENN	0.19	0.27	-0.06	0.33	0.23	-0.25	0.11	0.19	0.55		DENN
	BH	PBPB	QSR	RRGB	ATGSY	ALSSF	BDVB	AWRRF	DIN	DENN

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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

PBPB	+ 0.81	BH
ATGSY	+ 0.79	RRGB
DIN	+ 0.7	PBPB
DIN	+ 0.6	BH
DENN	+ 0.55	DIN
BDVB	+ 0.54	RRGB

High negative correlations

ALSSF	- 0.71	BH
AWRRF	- 0.68	ALSSF
ALSSF	- 0.58	PBPB
DIN	- 0.38	ALSSF
ALSSF	- 0.37	ATGSY
ALSSF	- 0.37	RRGB

Risk-Adjusted Indicators

There is a big difference between HelloFresh Pink Sheet performing well and HelloFresh 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 HelloFresh'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
BH	1.41	0.21	0.10	0.54	1.16	(1.81)	4.00	(2.23)	11.00
PBPB	2.11	0.10	0.14	0.16	1.57	(2.86)	4.24	(3.01)	24.84
QSR	0.96	(0.06)	(0.10)	(0.01)	1.20	(0.99)	2.06	(2.06)	6.17
RRGB	3.66	0.34	0.08	0.37	4.33	(4.41)	6.20	(6.47)	31.08
ATGSY	1.46	0.28	0.00	0.34	0.00	0.00	4.57	0.00	33.31
ALSSF	1.51	(0.26)	0.00	0.86	0.00	0.00	3.07	(5.17)	18.57
BDVB	3.94	0.69	0.03	(0.39)	5.18	(10.50)	13.22	(11.67)	49.74
AWRRF	1.56	0.68	0.11	(0.33)	2.26	(2.33)	2.25	(2.00)	31.88
DIN	2.57	(0.09)	0.02	0.08	2.80	(2.83)	4.71	(4.50)	19.97
DENN	2.58	(0.12)	(0.01)	0.05	3.78	(3.03)	6.40	(4.38)	26.32

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Our tools can tell you how much better you can do entering a position in HelloFresh 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.

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HelloFresh Corporate Management

Dominik Richter	Group Board	Profile
Tom Ward	Head IR	Profile
Saskia Leisewitz	Group Communications	Profile
Edward Boyes	Chief Board	Profile
Christian Ries	Group Counsel	Profile
Christian Gaertner	CFO Board	Profile
Thomas Griesel	CEO Board	Profile

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