Mitsui Correlations

MITSF Stock

USD 29.63 0.83 2.72%

The current 90-days correlation between Mitsui and ITOCHU is 0.01 (i.e., Significant diversification). The correlation of Mitsui 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.

Mitsui Correlation With Market

Modest diversification

The correlation between Mitsui Co and DJI is 0.22 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Mitsui Co and DJI in the same portfolio, assuming nothing else is changed.

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

Moving together with Mitsui Pink Sheet

0.96	MITSY	Mitsui Company	Pair Corr
0.77	ITOCY	Itochu Corp ADR	Pair Corr
0.81	PPERF	Bank Mandiri Persero	Pair Corr
0.74	PPERY	Bank Mandiri Persero	Pair Corr
0.74	WF	Woori Financial Group	Pair Corr
0.91	FTV	Fortive Corp	Pair Corr
0.74	CSCO	Cisco Systems	Pair Corr
0.91	AA	Alcoa Corp	Pair Corr
0.8	WMT	Walmart Common Stock Aggressive Push	Pair Corr
0.72	JPM	JPMorgan Chase	Pair Corr
0.67	TRV	The Travelers Companies	Pair Corr
0.76	XOM	Exxon Mobil Corp Aggressive Push	Pair Corr
0.82	BAC	Bank of America	Pair Corr
0.82	JNJ	Johnson Johnson	Pair Corr

Moving against Mitsui Pink Sheet

0.46	BKRKF	PT Bank Rakyat	Pair Corr
0.73	PG	Procter Gamble	Pair Corr
0.68	MSFT	Microsoft	Pair Corr
0.64	HPQ	HP Inc	Pair Corr
0.61	T	ATT Inc	Pair Corr
0.33	CVX	Chevron Corp	Pair Corr

Related Correlations Analysis

	ITOCF	ITOCY	MSBHF	HTHIY	CTPCF	MTSUY	MARUF	MARUY	VCISY	FINMY
ITOCF		0.22	0.1	0.25	-0.06	0.11	-0.03	0.05	0.02	-0.02	ITOCF
ITOCY	0.22		-0.13	0.55	0.63	-0.12	0.66	0.79	0.31	-0.41	ITOCY
MSBHF	0.1	-0.13		0.13	-0.2	0.94	-0.23	-0.1	-0.01	0.09	MSBHF
HTHIY	0.25	0.55	0.13		0.1	0.13	0.11	0.24	-0.22	-0.16	HTHIY
CTPCF	-0.06	0.63	-0.2	0.1		-0.22	0.85	0.88	0.58	-0.47	CTPCF
MTSUY	0.11	-0.12	0.94	0.13	-0.22		-0.25	-0.12	0.0	0.01	MTSUY
MARUF	-0.03	0.66	-0.23	0.11	0.85	-0.25		0.88	0.38	-0.29	MARUF
MARUY	0.05	0.79	-0.1	0.24	0.88	-0.12	0.88		0.45	-0.27	MARUY
VCISY	0.02	0.31	-0.01	-0.22	0.58	0.0	0.38	0.45		-0.39	VCISY
FINMY	-0.02	-0.41	0.09	-0.16	-0.47	0.01	-0.29	-0.27	-0.39		FINMY
	ITOCF	ITOCY	MSBHF	HTHIY	CTPCF	MTSUY	MARUF	MARUY	VCISY	FINMY

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

MTSUY	+ 0.94	MSBHF
MARUY	+ 0.88	CTPCF
MARUY	+ 0.88	MARUF
MARUF	+ 0.85	CTPCF
MARUY	+ 0.79	ITOCY
MARUF	+ 0.66	ITOCY

High negative correlations

FINMY	- 0.47	CTPCF
FINMY	- 0.41	ITOCY
FINMY	- 0.39	VCISY
FINMY	- 0.29	MARUF
FINMY	- 0.27	MARUY
MARUF	- 0.25	MTSUY

Risk-Adjusted Indicators

There is a big difference between Mitsui Pink Sheet performing well and Mitsui 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 Mitsui'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
ITOCF	12.00	4.29	0.33	0.42	10.07	(14.00)	4.53	(4.40)	479.41
ITOCY	1.20	0.09	0.06	0.15	1.28	(1.38)	2.64	(2.56)	8.31
MSBHF	1.15	(0.07)	0.00	(0.03)	0.00	0.00	2.05	(2.09)	6.44
HTHIY	1.42	0.03	0.02	0.08	1.98	(1.49)	3.40	(2.67)	11.54
CTPCF	0.79	0.36	0.00	0.80	0.00	0.00	0.00	0.00	26.43
MTSUY	1.04	(0.10)	0.00	(0.06)	0.00	0.00	2.06	(1.93)	5.87
MARUF	2.31	0.23	0.05	(3.91)	2.89	(2.28)	5.07	(5.93)	16.85
MARUY	1.32	0.09	0.06	0.12	1.52	(1.44)	2.48	(2.74)	6.31
VCISY	0.90	0.03	0.00	0.15	1.11	(0.99)	2.25	(1.84)	6.73
FINMY	1.68	(0.11)	0.00	(0.10)	0.00	0.00	4.01	(3.99)	9.31

Be your own money manager

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

Did you try this?

Run Sign In To Macroaxis Now

Sign In To Macroaxis

All Next

Launch Module

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