Pyxus International Correlations

PYYX Stock

USD 2.80 0.29 11.55%

The current 90-days correlation between Pyxus International and Humble Fume is -0.25 (i.e., Very good diversification). The correlation of Pyxus International 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.

Pyxus International Correlation With Market

Modest diversification

The correlation between Pyxus International and DJI is 0.26 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Pyxus International and DJI in the same portfolio, assuming nothing else is changed.

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

Moving together with Pyxus Pink Sheet

0.66	BKRKY	Bank Rakyat	Pair Corr
0.68	TLK	Telkom Indonesia Tbk	Pair Corr
0.62	PPERY	Bank Mandiri Persero	Pair Corr

Moving against Pyxus Pink Sheet

0.59	ADSK	Autodesk	Pair Corr
0.56	NVDA	NVIDIA	Pair Corr
0.52	PM	Philip Morris Intern	Pair Corr
0.5	PTAIF	PT Astra International	Pair Corr
0.49	SSNLF	Samsung Electronics	Pair Corr
0.43	MO	Altria Group	Pair Corr
0.41	IMBBY	Imperial Brands PLC	Pair Corr
0.37	RCAT	Red Cat Holdings Trending	Pair Corr
0.35	IMBBF	Imperial Brands PLC	Pair Corr
0.64	LLYVK	Liberty Media	Pair Corr
0.63	ZM	Zoom Video Communications	Pair Corr
0.63	GVA	Granite Construction	Pair Corr
0.61	ALAB	Astera Labs, Common	Pair Corr
0.6	SCHW	Charles Schwab Corp Fiscal Year End 15th of January 2025	Pair Corr
0.59	MRVL	Marvell Technology Earnings Call This Week	Pair Corr
0.59	PYPL	PayPal Holdings Aggressive Push	Pair Corr
0.59	CRWD	Crowdstrike Holdings Earnings Call Today	Pair Corr
0.58	GM	General Motors	Pair Corr
0.57	STLD	Steel Dynamics Fiscal Year End 28th of January 2025	Pair Corr
0.56	KSCP	Knightscope Upward Rally	Pair Corr
0.55	DXYZ	Destiny Tech100	Pair Corr
0.55	DECK	Deckers Outdoor	Pair Corr
0.54	ET	Energy Transfer LP Aggressive Push	Pair Corr
0.54	ITRI	Itron Inc	Pair Corr
0.41	APLD	Applied Blockchain Trending	Pair Corr
0.38	CSTXF	CryptoStar Corp	Pair Corr
0.36	SNOW	Snowflake Trending	Pair Corr

Related Correlations Analysis

	CHUC	PHJMF	GNLN	HPCO	HUMBF	XXII	JAPAY	KAVL	CBDW	GGII
CHUC		0.05	-0.09	-0.01	0.07	0.23	-0.35	-0.25	0.03	0.04	CHUC
PHJMF	0.05		-0.26	-0.18	-0.76	-0.48	-0.4	0.23	-0.45	-0.5	PHJMF
GNLN	-0.09	-0.26		0.65	0.5	0.81	0.83	-0.29	0.72	0.3	GNLN
HPCO	-0.01	-0.18	0.65		0.41	0.6	0.63	-0.14	0.47	0.13	HPCO
HUMBF	0.07	-0.76	0.5	0.41		0.7	0.59	-0.48	0.59	0.53	HUMBF
XXII	0.23	-0.48	0.81	0.6	0.7		0.66	-0.44	0.65	0.4	XXII
JAPAY	-0.35	-0.4	0.83	0.63	0.59	0.66		-0.2	0.66	0.27	JAPAY
KAVL	-0.25	0.23	-0.29	-0.14	-0.48	-0.44	-0.2		-0.37	-0.26	KAVL
CBDW	0.03	-0.45	0.72	0.47	0.59	0.65	0.66	-0.37		0.4	CBDW
GGII	0.04	-0.5	0.3	0.13	0.53	0.4	0.27	-0.26	0.4		GGII
	CHUC	PHJMF	GNLN	HPCO	HUMBF	XXII	JAPAY	KAVL	CBDW	GGII

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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

JAPAY	+ 0.83	GNLN
XXII	+ 0.81	GNLN
CBDW	+ 0.72	GNLN
XXII	+ 0.7	HUMBF
JAPAY	+ 0.66	XXII
CBDW	+ 0.66	JAPAY

High negative correlations

HUMBF	- 0.76	PHJMF
GGII	- 0.5	PHJMF
KAVL	- 0.48	HUMBF
XXII	- 0.48	PHJMF
CBDW	- 0.45	PHJMF
KAVL	- 0.44	XXII

Risk-Adjusted Indicators

There is a big difference between Pyxus Pink Sheet performing well and Pyxus International 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 Pyxus International'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
CHUC	4.08	0.05	(0.02)	(0.15)	4.92	(4.68)	8.21	(8.31)	22.94
PHJMF	2.50	0.30	0.00	(1.01)	0.00	0.00	0.00	0.00	53.33
GNLN	6.92	(1.44)	0.00	(0.37)	0.00	0.00	7.78	(12.79)	109.31
HPCO	17.23	4.23	0.22	0.57	15.72	(24.22)	10.00	(12.73)	108.83
HUMBF	6.97	1.39	0.04	8.41	8.38	(78.03)	0.00	(20.22)	200.00
XXII	6.77	(2.30)	0.00	(2.60)	0.00	0.00	11.54	(15.38)	44.68
JAPAY	0.86	(0.06)	0.00	1.54	0.00	0.00	2.31	(1.56)	5.68
KAVL	6.86	0.95	0.13	(2.66)	5.41	(11.20)	11.00	(8.60)	146.09
CBDW	11.68	1.04	0.04	(0.20)	11.46	(18.17)	33.33	(20.00)	150.98
GGII	10.36	1.96	0.06	(0.37)	10.21	(35.67)	33.33	(25.00)	120.00

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Pyxus International Corporate Management

Pieter Sikkel	CEO Pres	Profile
Laura Jones	VP HR	Profile
Alex Strohschoen	Pres International	Profile
Jennifer Bailey	VP Affairs	Profile
Tracy Purvis	Exec Services	Profile
Tomas Grigera	VP Treasurer	Profile
William OQuinn	Chief VP	Profile

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