Soho House Correlations

SHCO Stock

7.98 0.31 3.74%

The current 90-days correlation between Soho House and Youdao Inc is -0.12 (i.e., Good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Soho House moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Soho House Co moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Soho House Correlation With Market

Average diversification

The correlation between Soho House Co and DJI is 0.15 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Soho House Co and DJI in the same portfolio, assuming nothing else is changed.

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Soho House Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Moving together with Soho Stock

0.89	DRI	Darden Restaurants	Pair Corr
0.63	RICK	RCI Hospitality Holdings Earnings Call This Week	Pair Corr

Moving against Soho Stock

0.88	QSR	Restaurant Brands	Pair Corr
0.86	JACK	Jack In	Pair Corr
0.83	PNST	Pinstripes Holdings	Pair Corr
0.81	NATH	Nathans Famous	Pair Corr
0.81	PZZA	Papa Johns International	Pair Corr
0.81	RAVE	Rave Restaurant Group	Pair Corr
0.8	WEN	The Wendys	Pair Corr
0.78	SG	Sweetgreen Sell-off Trend	Pair Corr
0.77	LOCO	El Pollo Loco	Pair Corr
0.75	WING	Wingstop	Pair Corr
0.72	GENK	GEN Restaurant Group,	Pair Corr
0.72	PLAY	Dave Busters Enterta Sell-off Trend	Pair Corr
0.71	YUM	Yum Brands Earnings Call This Week	Pair Corr
0.66	KRUS	Kura Sushi USA	Pair Corr
0.62	DIN	Dine Brands Global	Pair Corr
0.61	MCD	McDonalds Earnings Call This Week	Pair Corr
0.52	DPZ	Dominos Pizza Common	Pair Corr
0.49	CMG	Chipotle Mexican Grill Earnings Call This Week	Pair Corr
0.35	YUMC	Yum China Holdings Earnings Call This Week	Pair Corr
0.84	FLXS	Flexsteel Industries Earnings Call This Week	Pair Corr
0.8	TXRH	Texas Roadhouse	Pair Corr
0.74	CAVA	CAVA Group,	Pair Corr
0.67	CHSN	Chanson International	Pair Corr
0.67	BBY	Best Buy	Pair Corr
0.55	BLMN	Bloomin Brands	Pair Corr
0.52	ETD	Ethan Allen Interiors Buyout Trend	Pair Corr
0.46	DENN	Dennys Corp	Pair Corr
0.39	HD	Home Depot	Pair Corr
0.35	SBUX	Starbucks Aggressive Push	Pair Corr
0.33	BJRI	BJs Restaurants	Pair Corr

Related Correlations Analysis

	PLXS	DJCO	DAO	VPG	GCI	CTS	JBL	AMKR
PLXS		0.67	0.29	0.13	0.23	0.66	0.09	0.09	PLXS
DJCO	0.67		0.01	-0.05	0.46	0.63	-0.36	0.16	DJCO
DAO	0.29	0.01		0.49	-0.3	0.09	0.63	-0.22	DAO
VPG	0.13	-0.05	0.49		0.29	0.07	0.07	0.43	VPG
GCI	0.23	0.46	-0.3	0.29		0.33	-0.58	0.75	GCI
CTS	0.66	0.63	0.09	0.07	0.33		-0.21	0.05	CTS
JBL	0.09	-0.36	0.63	0.07	-0.58	-0.21		-0.36	JBL
AMKR	0.09	0.16	-0.22	0.43	0.75	0.05	-0.36		AMKR
	PLXS	DJCO	DAO	VPG	GCI	CTS	JBL	AMKR

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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

AMKR	+ 0.75	GCI
DJCO	+ 0.67	PLXS
CTS	+ 0.66	PLXS
CTS	+ 0.63	DJCO
JBL	+ 0.63	DAO
VPG	+ 0.49	DAO

High negative correlations

JBL	- 0.58	GCI
AMKR	- 0.36	JBL
JBL	- 0.36	DJCO
GCI	- 0.3	DAO
AMKR	- 0.22	DAO
JBL	- 0.21	CTS

Risk-Adjusted Indicators

There is a big difference between Soho Stock performing well and Soho House 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 Soho House'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
PLXS	1.46	(0.02)	(0.04)	0.00	2.48	(1.43)	2.30	(2.93)	20.07
DJCO	2.06	(0.12)	0.00	0.80	0.00	0.00	3.45	(4.51)	21.83
DAO	3.05	0.72	0.22	1.06	2.65	(3.51)	7.34	(4.46)	22.28
VPG	1.61	0.02	(0.03)	(0.28)	2.09	(1.64)	3.25	(3.32)	8.41
GCI	2.57	(0.24)	0.00	(1.12)	0.00	0.00	4.41	(4.94)	22.85
CTS	1.52	0.09	0.02	0.29	1.81	(1.57)	2.45	(2.79)	17.07
JBL	1.34	0.38	0.19	0.88	1.43	(1.64)	3.72	(1.93)	15.23
AMKR	1.71	(0.25)	0.00	(0.52)	0.00	0.00	3.20	(4.44)	11.63

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