Yakult Honsha Correlations

YKLTY Stock

USD 10.40 1.64 13.62%

The current 90-days correlation between Yakult Honsha and Coca Cola Femsa SAB is 0.06 (i.e., Significant diversification). The correlation of Yakult Honsha 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.

Yakult Honsha Correlation With Market

Good diversification

The correlation between Yakult Honsha Co and DJI is -0.01 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Yakult Honsha Co and DJI in the same portfolio, assuming nothing else is changed.

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

Moving together with Yakult Pink Sheet

0.77	KO	Coca Cola Fiscal Year End 11th of February 2025	Pair Corr
0.64	PEP	PepsiCo	Pair Corr
0.77	KDP	Keurig Dr Pepper	Pair Corr
0.68	COCSF	Coca Cola FEMSA	Pair Corr
0.81	KOF	Coca Cola Femsa	Pair Corr
0.73	EMBVF	Arca Continental SAB	Pair Corr
0.79	TCHH	Trustcash Holdings	Pair Corr
0.71	HYMTF	Hyundai Motor	Pair Corr
0.73	TLK	Telkom Indonesia Tbk	Pair Corr

Moving against Yakult Pink Sheet

0.75	BAC	Bank of America Fiscal Year End 10th of January 2025	Pair Corr
0.66	LUNR	Intuitive Machines	Pair Corr
0.66	AVTE	Aerovate Therapeutics	Pair Corr
0.6	MNST	Monster Beverage Corp	Pair Corr
0.57	KEP	Korea Electric Power	Pair Corr
0.53	PYPL	PayPal Holdings Aggressive Push	Pair Corr
0.52	GOOG	Alphabet Class C Aggressive Push	Pair Corr
0.45	SOUN	SoundHound AI Trending	Pair Corr
0.41	BBAI	BigBearai Holdings Tech Boost	Pair Corr
0.36	VFS	VinFast Auto	Pair Corr
0.33	APLD	Applied Blockchain	Pair Corr

Related Correlations Analysis

	KOF	FIZZ	PRMW	KDP	COKE	MNST	CCEP	PEP	COCO	KO
KOF		-0.62	-0.84	0.88	0.34	-0.62	0.25	0.73	-0.79	0.89	KOF
FIZZ	-0.62		0.68	-0.71	-0.05	0.8	-0.08	-0.71	0.86	-0.73	FIZZ
PRMW	-0.84	0.68		-0.85	-0.28	0.77	-0.39	-0.76	0.84	-0.88	PRMW
KDP	0.88	-0.71	-0.85		0.44	-0.63	0.29	0.87	-0.9	0.96	KDP
COKE	0.34	-0.05	-0.28	0.44		-0.23	0.54	0.29	-0.24	0.44	COKE
MNST	-0.62	0.8	0.77	-0.63	-0.23		-0.29	-0.62	0.75	-0.72	MNST
CCEP	0.25	-0.08	-0.39	0.29	0.54	-0.29		0.26	-0.15	0.33	CCEP
PEP	0.73	-0.71	-0.76	0.87	0.29	-0.62	0.26		-0.88	0.88	PEP
COCO	-0.79	0.86	0.84	-0.9	-0.24	0.75	-0.15	-0.88		-0.91	COCO
KO	0.89	-0.73	-0.88	0.96	0.44	-0.72	0.33	0.88	-0.91		KO
	KOF	FIZZ	PRMW	KDP	COKE	MNST	CCEP	PEP	COCO	KO

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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

KO	+ 0.96	KDP
KO	+ 0.89	KOF
KDP	+ 0.88	KOF
KO	+ 0.88	PEP
PEP	+ 0.87	KDP
COCO	+ 0.86	FIZZ

High negative correlations

KO	- 0.91	COCO
COCO	- 0.9	KDP
COCO	- 0.88	PEP
KO	- 0.88	PRMW
KDP	- 0.85	PRMW
PRMW	- 0.84	KOF

Risk-Adjusted Indicators

There is a big difference between Yakult Pink Sheet performing well and Yakult Honsha 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 Yakult Honsha'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
KOF	1.11	(0.11)	0.00	(0.11)	0.00	0.00	2.21	(2.27)	5.30
FIZZ	1.07	0.03	(0.01)	0.17	1.52	(1.08)	2.56	(1.89)	10.75
PRMW	1.15	0.18	0.08	0.45	1.25	(1.18)	2.38	(2.29)	13.17
KDP	0.79	(0.15)	0.00	(0.77)	0.00	0.00	1.48	(2.08)	6.67
COKE	1.27	(0.18)	0.00	(0.09)	0.00	0.00	3.15	(2.42)	10.22
MNST	1.12	0.12	0.01	0.83	1.55	(1.23)	2.51	(1.49)	11.37
CCEP	0.87	(0.06)	0.00	(0.07)	0.00	0.00	2.16	(1.75)	4.77
PEP	0.66	(0.17)	0.00	(1.37)	0.00	0.00	1.06	(1.38)	5.87
COCO	1.45	0.49	0.23	1.88	1.25	(1.66)	3.72	(2.66)	11.39
KO	0.66	(0.19)	0.00	(5.75)	0.00	0.00	1.14	(1.66)	4.00

Be your own money manager

Our tools can tell you how much better you can do entering a position in Yakult Honsha 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.

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Yakult Honsha Corporate Management

Masao Imada	Executive Officer	Profile
Koichi Hirano	Executive Officer	Profile
Akifumi Doi	Executive Officer, Nyogo Miki Plant Manager	Profile
Hiroshi Wakabayashi	Managing Executive Officer	Profile
Masanori Ito	Managing Executive Officer	Profile

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