1847 Holdings Correlations

EFSH Stock

USD 0.16 0.01 6.67%

The current 90-days correlation between 1847 Holdings LLC and Alliance Recovery is 0.08 (i.e., Significant diversification). The correlation of 1847 Holdings 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.

1847 Holdings Correlation With Market

Modest diversification

The correlation between 1847 Holdings LLC and DJI is 0.22 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding 1847 Holdings LLC and DJI in the same portfolio, assuming nothing else is changed.

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in 1847 Holdings LLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Moving together with 1847 Stock

0.72	MPU	Mega Matrix Corp	Pair Corr
0.61	BV	BrightView Holdings	Pair Corr
0.84	BW	Babcock Wilcox Enter	Pair Corr
0.87	GD	General Dynamics	Pair Corr
0.82	IR	Ingersoll Rand	Pair Corr
0.87	NX	Quanex Building Products Earnings Call Next Week	Pair Corr
0.67	OC	Owens Corning	Pair Corr
0.88	OP	Oceanpal	Pair Corr
0.74	SB	Safe Bulkers	Pair Corr
0.72	ST	Sensata Technologies	Pair Corr

Moving against 1847 Stock

0.94	BA	Boeing	Pair Corr
0.72	MVST	Microvast Holdings	Pair Corr
0.66	BZ	Kanzhun Ltd ADR	Pair Corr
0.63	LZ	LegalZoom	Pair Corr
0.6	MG	Mistras Group Earnings Call This Week	Pair Corr
0.55	DE	Deere Company	Pair Corr
0.53	EH	Ehang Holdings	Pair Corr
0.52	AP	Ampco Pittsburgh	Pair Corr
0.49	GE	GE Aerospace	Pair Corr
0.41	SLDP	Solid Power	Pair Corr
0.36	CP	Canadian Pacific Railway	Pair Corr
0.85	VCIC	Vine Hill Capital	Pair Corr
0.78	TG	Tredegar	Pair Corr
0.72	PL	Planet Labs PBC	Pair Corr
0.69	RR	Richtech Robotics Class	Pair Corr
0.68	VACH	Voyager Acquisition Corp	Pair Corr
0.67	VATE	Innovate Corp Earnings Call This Week	Pair Corr
0.66	PWUPW	PowerUp Acquisition Corp Symbol Change	Pair Corr
0.63	DMYY	dMY Squared Technology	Pair Corr
0.51	YHNAU	YHN Acquisition I	Pair Corr
0.49	PWUPU	PowerUp Acquisition Corp	Pair Corr

Related Correlations Analysis

	ARVY	ACMB	AYYLF	ALGGY	SPLP	FIP	GFF	MATW	TUSK
ARVY		-0.4	-0.42	0.27	0.25	0.2	0.1	-0.25	0.14	ARVY
ACMB	-0.4		0.03	-0.56	-0.33	-0.6	-0.17	0.02	-0.12	ACMB
AYYLF	-0.42	0.03		0.17	-0.15	0.11	-0.26	0.05	-0.01	AYYLF
ALGGY	0.27	-0.56	0.17		0.21	0.78	0.19	0.43	0.56	ALGGY
SPLP	0.25	-0.33	-0.15	0.21		0.22	0.02	0.12	0.0	SPLP
FIP	0.2	-0.6	0.11	0.78	0.22		0.46	0.45	0.64	FIP
GFF	0.1	-0.17	-0.26	0.19	0.02	0.46		0.34	0.7	GFF
MATW	-0.25	0.02	0.05	0.43	0.12	0.45	0.34		0.44	MATW
TUSK	0.14	-0.12	-0.01	0.56	0.0	0.64	0.7	0.44		TUSK
	ARVY	ACMB	AYYLF	ALGGY	SPLP	FIP	GFF	MATW	TUSK

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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

FIP	+ 0.78	ALGGY
TUSK	+ 0.7	GFF
TUSK	+ 0.64	FIP
TUSK	+ 0.56	ALGGY
GFF	+ 0.46	FIP
MATW	+ 0.45	FIP

High negative correlations

FIP	- 0.6	ACMB
ALGGY	- 0.56	ACMB
AYYLF	- 0.42	ARVY
ACMB	- 0.4	ARVY
SPLP	- 0.33	ACMB
GFF	- 0.26	AYYLF

Risk-Adjusted Indicators

There is a big difference between 1847 Stock performing well and 1847 Holdings 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 1847 Holdings' 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
ARVY	2.41	0.45	0.00	(0.24)	0.00	0.00	0.00	0.00	80.00
ACMB	12.12	3.42	0.15	0.85	11.19	(33.81)	35.55	(20.00)	176.06
AYYLF	1.50	(0.48)	0.00	0.62	0.00	0.00	0.62	(7.50)	31.86
ALGGY	2.10	(0.42)	0.00	(0.70)	0.00	0.00	5.90	(7.46)	22.27
SPLP	1.74	0.06	0.02	0.34	2.96	(2.56)	6.00	(2.59)	22.18
FIP	2.34	(0.53)	0.00	(18.64)	0.00	0.00	4.46	(5.85)	20.34
GFF	1.46	(0.03)	0.00	(0.02)	0.00	0.00	2.87	(2.52)	12.08
MATW	2.47	0.14	0.05	0.08	2.67	(3.53)	5.79	(4.33)	30.91
TUSK	2.71	(0.32)	0.00	(0.19)	0.00	0.00	7.02	(5.19)	14.28

1847 Holdings Corporate Management

Gayle Harris	Chief Officer	Profile
Eric VanDam	Chief Officer	Profile
Glyn Milburn	Vice Operations	Profile
Vernice Howard	Chief Officer	Profile

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