1847 Holdings Correlations

EFSH Stock

USD 0.14 0.01 7.69%

The current 90-days correlation between 1847 Holdings LLC and Alliance Recovery is 0.1 (i.e., Average 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

Significant diversification

The correlation between 1847 Holdings LLC and DJI is 0.06 (i.e., Significant 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

0.86	MPU	Mega Matrix Corp	Pair Corr
0.61	MVSTW	Microvast Holdings	Pair Corr
0.76	SLDP	Solid Power	Pair Corr
0.74	J	Jacobs Solutions	Pair Corr
0.84	BV	BrightView Holdings	Pair Corr
0.9	BW	Babcock Wilcox Enter	Pair Corr
0.76	CW	Curtiss Wright	Pair Corr
0.61	FA	First Advantage Corp	Pair Corr
0.79	GP	GreenPower Motor	Pair Corr
0.71	IR	Ingersoll Rand	Pair Corr
0.8	KE	Kimball Electronics	Pair Corr
0.85	OP	Oceanpal	Pair Corr

Moving against 1847 Stock

0.81	G	Genpact Limited	Pair Corr
0.74	MMM	3M Company	Pair Corr
0.42	VMI	Valmont Industries	Pair Corr
0.4	BBU	Brookfield Business	Pair Corr
0.87	LZ	LegalZoom	Pair Corr
0.84	KC	Kingsoft Cloud Holdings	Pair Corr
0.83	EH	Ehang Holdings	Pair Corr
0.77	DE	Deere Company	Pair Corr
0.76	GE	GE Aerospace	Pair Corr
0.91	WM	Waste Management	Pair Corr
0.77	SB	Safe Bulkers	Pair Corr
0.77	VACH	Voyager Acquisition Corp	Pair Corr
0.75	DMYY	dMY Squared Technology	Pair Corr

Related Correlations Analysis

	ARVY	ACMB	AYYLF	ALGGY	SPLP	FIP	GFF	MATW	TUSK
ARVY		-0.1	-0.78	-0.48	0.16	-0.67	-0.52	-0.68	-0.7	ARVY
ACMB	-0.1		-0.15	-0.29	-0.48	-0.2	0.21	0.03	0.1	ACMB
AYYLF	-0.78	-0.15		0.76	0.11	0.88	0.57	0.8	0.86	AYYLF
ALGGY	-0.48	-0.29	0.76		0.25	0.8	0.21	0.79	0.68	ALGGY
SPLP	0.16	-0.48	0.11	0.25		0.23	-0.19	0.04	0.06	SPLP
FIP	-0.67	-0.2	0.88	0.8	0.23		0.5	0.89	0.85	FIP
GFF	-0.52	0.21	0.57	0.21	-0.19	0.5		0.53	0.73	GFF
MATW	-0.68	0.03	0.8	0.79	0.04	0.89	0.53		0.83	MATW
TUSK	-0.7	0.1	0.86	0.68	0.06	0.85	0.73	0.83		TUSK
	ARVY	ACMB	AYYLF	ALGGY	SPLP	FIP	GFF	MATW	TUSK

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

MATW	+ 0.89	FIP
FIP	+ 0.88	AYYLF
TUSK	+ 0.86	AYYLF
TUSK	+ 0.85	FIP
TUSK	+ 0.83	MATW
MATW	+ 0.8	AYYLF

High negative correlations

AYYLF	- 0.78	ARVY
TUSK	- 0.7	ARVY
MATW	- 0.68	ARVY
FIP	- 0.67	ARVY
GFF	- 0.52	ARVY
SPLP	- 0.48	ACMB

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	2.40	0.80	0.00	1.12	0.00	0.00	0.00	0.00	80.00
ACMB	10.66	3.06	0.14	3.30	10.08	(34.63)	35.55	(13.11)	176.06
AYYLF	0.57	(0.29)	0.00	7.49	0.00	0.00	0.00	0.00	19.56
ALGGY	2.44	(0.35)	0.00	0.42	0.00	0.00	9.00	(6.81)	28.16
SPLP	1.49	0.05	0.03	0.10	2.76	(2.18)	2.97	(2.21)	18.57
FIP	2.52	(0.53)	0.00	(1.37)	0.00	0.00	4.69	(7.04)	20.34
GFF	1.49	(0.04)	0.00	(0.10)	0.00	0.00	2.55	(3.19)	12.51
MATW	2.03	(0.28)	0.00	(0.32)	0.00	0.00	2.96	(4.33)	24.43
TUSK	2.97	(0.28)	0.00	(0.25)	0.00	0.00	6.13	(6.23)	18.93

1847 Holdings Corporate Management

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

2024 Macroaxis LLC