Shiseido Company Correlations
| SSDOFDelisted Stock | USD 32.10 0.00 0.00% |
The current 90-days correlation between Shiseido Limited and Kao Corp ADR is -0.01 (i.e., Good diversification). The correlation of Shiseido Company 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.
Shiseido Company Correlation With Market
Significant diversification
The correlation between Shiseido Company Limited and DJI is 0.01 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Shiseido Company Limited and DJI in the same portfolio, assuming nothing else is changed.
Shiseido |
The ability to find closely correlated positions to Shiseido Company could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Shiseido Company 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 Shiseido Company - 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 Shiseido Company Limited to buy it.
Moving together with Shiseido Pink Sheet
| 0.66 | FUWAF | Furukawa Electric | PairCorr |
| 0.91 | HA | Hawaiian Holdings | PairCorr |
| 0.8 | OPFI | OppFi Inc | PairCorr |
| 0.77 | FTNT | Fortinet | PairCorr |
| 0.76 | DECK | Deckers Outdoor | PairCorr |
| 0.62 | FTI | TechnipFMC PLC | PairCorr |
| 0.77 | CVX | Chevron Corp Sell-off Trend | PairCorr |
| 0.76 | CSCO | Cisco Systems Sell-off Trend | PairCorr |
| 0.73 | DIS | Walt Disney Sell-off Trend | PairCorr |
| 0.75 | WMT | Walmart Aggressive Push | PairCorr |
| 0.86 | JPM | JPMorgan Chase Sell-off Trend | PairCorr |
| 0.66 | T | ATT Inc Fiscal Year End 22nd of January 2025 | PairCorr |
Moving against Shiseido Pink Sheet
| 0.89 | LRLCF | LOral SA | PairCorr |
| 0.86 | UL | Unilever PLC ADR | PairCorr |
| 0.8 | CL | Colgate Palmolive Sell-off Trend | PairCorr |
| 0.73 | UNLYF | Unilever PLC | PairCorr |
| 0.72 | KMB | Kimberly Clark Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.5 | YAMHF | Yamaha Motor | PairCorr |
| 0.38 | NDEKY | Nitto Denko Corp | PairCorr |
| 0.34 | NFPDF | Nissin Foods Holdings | PairCorr |
| 0.93 | KO | Coca Cola Aggressive Push | PairCorr |
| 0.85 | PFE | Pfizer Inc Aggressive Push | PairCorr |
| 0.79 | JNJ | Johnson Johnson Sell-off Trend | PairCorr |
| 0.45 | VZ | Verizon Communications Sell-off Trend | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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
| High negative correlations
|
Risk-Adjusted Indicators
There is a big difference between Shiseido Pink Sheet performing well and Shiseido Company 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 Shiseido Company'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| KAOOY | 1.23 | (0.05) | 0.00 | 1.22 | 0.00 | 3.03 | 10.22 | |||
| PORBF | 0.42 | (0.26) | 0.00 | (0.68) | 0.00 | 0.00 | 14.03 | |||
| UL | 0.68 | (0.10) | 0.00 | 1.93 | 0.00 | 1.08 | 6.60 | |||
| HIMS | 4.93 | 0.98 | 0.19 | 0.40 | 5.84 | 12.10 | 43.55 | |||
| PG | 0.72 | 0.10 | (0.04) | (1.05) | 0.77 | 1.74 | 4.66 | |||
| RBGLY | 1.07 | 0.11 | (0.03) | (1.07) | 1.14 | 1.74 | 9.17 | |||
| LRLCY | 1.31 | (0.39) | 0.00 | (0.64) | 0.00 | 2.94 | 12.61 | |||
| NUS | 2.55 | (0.28) | 0.00 | (1.24) | 0.00 | 4.61 | 15.92 | |||
| SKIN | 4.19 | (0.33) | 0.00 | (0.07) | 0.00 | 10.07 | 31.19 | |||
| CHD | 0.88 | 0.11 | 0.00 | 1.06 | 0.90 | 1.80 | 6.54 |
View Shiseido Company Related Equities
| Risk & Return | Correlation |
Shiseido Company Corporate Management
| Yukari Suzuki | Executive Officer | Profile | |
| Koichi Noda | Ex Officer | Profile | |
| Takayuki Yokota | CFO Officer | Profile | |
| Hiromi Anno | Exec Officer | Profile | |
| Mamoru Watanabe | Managing Director | Profile |
Still Interested in Shiseido Company Limited?
Investing in delisted pink sheets can be risky, as the pink sheet is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.