Soho House Correlations

SHCO Stock

5.01 0.03 0.60%

The current 90-days correlation between Soho House and Scandinavian Tobacco Group is -0.08 (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

Weak diversification

The correlation between Soho House Co and DJI is 0.3 (i.e., Weak 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

0.61	IGT	International Game	Pair Corr
0.69	FL	Foot Locker Earnings Call Tomorrow	Pair Corr
0.62	VC	Visteon Corp	Pair Corr

Moving against Soho Stock

0.48	CMG	Chipotle Mexican Grill Aggressive Push	Pair Corr
0.45	EVRI	Everi Holdings	Pair Corr
0.44	DRI	Darden Restaurants	Pair Corr
0.41	INSE	Inspired Entertainment	Pair Corr
0.36	AGS	PlayAGS	Pair Corr
0.36	EAT	Brinker International	Pair Corr
0.36	SBUX	Starbucks Aggressive Push	Pair Corr
0.35	BROS	Dutch Bros	Pair Corr
0.34	MCD	McDonalds Fiscal Year End 3rd of February 2025	Pair Corr
0.34	TXRH	Texas Roadhouse	Pair Corr
0.62	HD	Home Depot	Pair Corr
0.44	MBC	MasterBrand	Pair Corr
0.33	LZB	La Z Boy Earnings Call Tomorrow	Pair Corr

Related Correlations Analysis

	CNP	SWX	WVVI	STBGY	ABEV	ARIS	COCO	JAPAY
CNP		0.83	-0.82	-0.11	-0.39	0.68	0.78	-0.56	CNP
SWX	0.83		-0.72	-0.33	-0.46	0.76	0.75	-0.56	SWX
WVVI	-0.82	-0.72		0.04	0.39	-0.66	-0.84	0.71	WVVI
STBGY	-0.11	-0.33	0.04		0.38	-0.54	-0.24	0.18	STBGY
ABEV	-0.39	-0.46	0.39	0.38		-0.58	-0.69	0.77	ABEV
ARIS	0.68	0.76	-0.66	-0.54	-0.58		0.85	-0.6	ARIS
COCO	0.78	0.75	-0.84	-0.24	-0.69	0.85		-0.78	COCO
JAPAY	-0.56	-0.56	0.71	0.18	0.77	-0.6	-0.78		JAPAY
	CNP	SWX	WVVI	STBGY	ABEV	ARIS	COCO	JAPAY

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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

COCO	+ 0.85	ARIS
SWX	+ 0.83	CNP
COCO	+ 0.78	CNP
JAPAY	+ 0.77	ABEV
ARIS	+ 0.76	SWX
COCO	+ 0.75	SWX

High negative correlations

COCO	- 0.84	WVVI
WVVI	- 0.82	CNP
JAPAY	- 0.78	COCO
WVVI	- 0.72	SWX
COCO	- 0.69	ABEV
ARIS	- 0.66	WVVI

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
CNP	0.89	0.30	0.14	23.30	0.94	(1.01)	1.80	(1.74)	5.92
SWX	1.16	0.11	0.03	0.35	1.11	(1.28)	2.48	(2.13)	7.12
WVVI	1.33	(0.17)	0.00	(0.72)	0.00	0.00	3.28	(2.87)	8.49
STBGY	0.26	(0.08)	0.00	(2.45)	0.00	0.00	0.00	0.00	9.56
ABEV	1.13	(0.17)	0.00	(1.11)	0.00	0.00	2.20	(2.69)	6.42
ARIS	2.67	0.55	0.20	0.38	2.60	(2.91)	6.44	(5.53)	29.22
COCO	1.61	0.53	0.22	1.23	1.50	(1.76)	3.72	(3.13)	11.39
JAPAY	0.86	(0.06)	0.00	1.54	0.00	0.00	2.31	(1.56)	5.68

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