Japan Post Correlations

Delisted . USA . 
Stock . Japan Post Holdings
JPHLFDelisted Stock  USD 10.36  0.00  0.00%   
The current 90-days correlation between Japan Post Holdings and Huntington Bancshares Incorporated is -0.24 (i.e., Very good diversification). The correlation of Japan Post 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.

Japan Post Correlation With Market

Good diversification

The correlation between Japan Post Holdings 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 Japan Post Holdings and DJI in the same portfolio, assuming nothing else is changed.
  
The ability to find closely correlated positions to Japan Post could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Japan Post 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 Japan Post - 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 Japan Post Holdings to buy it.

Moving together with Japan Pink Sheet

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Moving against Japan Pink Sheet

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Related Correlations Analysis

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Risk-Adjusted Indicators

There is a big difference between Japan Pink Sheet performing well and Japan Post 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 Japan Post'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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
HBAN  1.27  0.20  0.25  0.18  0.83 
(1.66)
 2.87 
(2.28)
 14.20 
FITB  1.06  0.07  0.10  0.13  0.99 
(1.14)
 2.39 
(2.01)
 10.60 
MTB  1.35  0.27  0.28  0.22  0.83 
(1.65)
 3.41 
(1.59)
 16.03 
CFG  1.38  0.01  0.07  0.09  1.43 
(1.68)
 3.18 
(2.80)
 19.14 
FHN  1.60  0.16  0.19  0.15  1.28 
(1.86)
 3.80 
(2.49)
 18.94 
PNC  1.13  0.13  0.16  0.17  0.87 
(1.42)
 2.54 
(1.97)
 9.52 
RF  1.16  0.33  0.19 (1.45) 0.92 
(1.49)
 2.82 
(1.66)
 14.81 
CMA  1.47  0.16  0.15  0.17  1.40 
(1.63)
 3.53 
(2.64)
 14.10 
ZION  1.68  0.17  0.17  0.15  1.49 
(1.95)
 3.62 
(2.89)
 20.65 
KEY  1.43  0.02  0.10  0.10  1.39 
(1.67)
 3.06 
(2.54)
 19.76 

Japan Post Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Japan Post pink sheet to make a market-neutral strategy. Peer analysis of Japan Post could also be used in its relative valuation, which is a method of valuing Japan Post by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Japan Post Corporate Management

Susumu TanakaManaging Executive OfficerProfile
Kenji FukumotoManaging Executive OfficerProfile
Hiroya MasudaCEO and PresidentProfile
Akihito NishiguchiManaging OfficerProfile
Noboru IchikuraManaging Executive OfficerProfile

Still Interested in Japan Post Holdings?

Investing in delisted pink sheets can be risky, as the pink sheet is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.
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