Shufersal Correlations

SHUFF Stock

USD 12.83 0.00 0.00%

The correlation of Shufersal 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.

Shufersal Correlation With Market

Very poor diversification

The correlation between Shufersal and DJI is 0.8 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Shufersal and DJI in the same portfolio, assuming nothing else is changed.

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

Moving together with Shufersal Pink Sheet

0.76	SVNDY	Seven i Holdings	Pair Corr
0.81	SVNDF	Seven i Holdings	Pair Corr
0.69	WOLWF	Woolworths Group	Pair Corr
0.61	PHJMF	PT Hanjaya Mandala	Pair Corr
0.64	EC	Ecopetrol SA ADR	Pair Corr
0.73	KCDMY	Kimberly Clark de	Pair Corr
0.76	BNKHF	BOC Hong Kong	Pair Corr
0.79	FIBK	First Interstate Ban	Pair Corr
0.71	RILYL	B Riley Financial	Pair Corr
0.75	COMP	Compass Aggressive Push	Pair Corr
0.81	APETF	Alpha Esports Tech	Pair Corr
0.77	ENS	Enersys Earnings Call Tomorrow	Pair Corr
0.78	SECVY	Seche Environnement	Pair Corr
0.65	SCAGW	Scage Future Warrants	Pair Corr
0.64	TFLM	TFLM	Pair Corr
0.71	AROC	Archrock Symbol Change	Pair Corr

Moving against Shufersal Pink Sheet

0.6	ADRNY	Koninklijke Ahold Earnings Call Tomorrow	Pair Corr
0.52	AHODF	Koninklijke Ahold Earnings Call Tomorrow	Pair Corr
0.5	PIFMY	Indofood Sukses Makmur	Pair Corr
0.41	PTAIF	PT Astra International	Pair Corr
0.33	KR	Kroger Company	Pair Corr
0.33	TSCDY	Tesco PLC	Pair Corr
0.31	ALL	Allstate	Pair Corr
0.9	BROGF	BROGF	Pair Corr
0.39	RVSN	Rail Vision Upward Rally	Pair Corr

Related Correlations Analysis

	LBLCF	TSGTF	CRERF	JRONF	MTRAF	TSGTY	WHGRF
LBLCF		-0.06	0.67	-0.58	0.28	-0.15	0.67	LBLCF
TSGTF	-0.06		-0.42	0.4	-0.27	0.58	0.1	TSGTF
CRERF	0.67	-0.42		-0.68	0.29	-0.62	0.31	CRERF
JRONF	-0.58	0.4	-0.68		-0.12	0.61	-0.23	JRONF
MTRAF	0.28	-0.27	0.29	-0.12		-0.07	0.16	MTRAF
TSGTY	-0.15	0.58	-0.62	0.61	-0.07		0.06	TSGTY
WHGRF	0.67	0.1	0.31	-0.23	0.16	0.06		WHGRF
	LBLCF	TSGTF	CRERF	JRONF	MTRAF	TSGTY	WHGRF

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

CRERF	+ 0.67	LBLCF
WHGRF	+ 0.67	LBLCF
TSGTY	+ 0.61	JRONF
TSGTY	+ 0.58	TSGTF
JRONF	+ 0.4	TSGTF
WHGRF	+ 0.31	CRERF

High negative correlations

JRONF	- 0.68	CRERF
TSGTY	- 0.62	CRERF
JRONF	- 0.58	LBLCF
CRERF	- 0.42	TSGTF
MTRAF	- 0.27	TSGTF
WHGRF	- 0.23	JRONF

Risk-Adjusted Indicators

There is a big difference between Shufersal Pink Sheet performing well and Shufersal 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 Shufersal'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
LBLCF	1.04	0.26	0.17	2.34	0.74	(1.29)	3.20	(1.63)	6.34
TSGTF	1.48	0.05	(0.01)	9.38	2.12	(3.55)	5.44	(4.68)	13.64
CRERF	1.45	0.27	0.05	(0.80)	1.63	(3.22)	5.15	(3.84)	19.82
JRONF	0.34	(0.17)	0.00	1.33	0.00	0.00	0.00	0.00	11.39
MTRAF	0.72	0.11	0.00	(0.29)	0.92	(1.13)	2.31	(2.28)	7.96
TSGTY	1.22	0.08	0.00	(0.26)	1.77	(5.11)	3.48	(4.61)	18.31
WHGRF	0.48	0.16	0.00	0.64	0.00	0.00	0.00	0.00	13.38

Be your own money manager

Our tools can tell you how much better you can do entering a position in Shufersal 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 Headlines Timeline Now

Headlines Timeline

Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity

All Next

Launch Module

Shufersal Corporate Management

Sharon Gambasho	VP Estate	Profile
Tomer Shani	Chief Officer	Profile
Advocate Meiri	VP Advisor	Profile
Shai Vardi	Chief CTO	Profile
Nir Matosevich	EVP CEO	Profile
Tali Tuval	VP Communications	Profile
Uri Waterman	CEO Ltd	Profile

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