Estee Lauder Correlations

EL Stock

USD 73.96 0.78 1.07%

The current 90-days correlation between Estee Lauder Companies and Kimberly Clark is 0.14 (i.e., Average diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Estee Lauder moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Estee Lauder Companies moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Estee Lauder Correlation With Market

Average diversification

The correlation between Estee Lauder Companies and DJI is 0.18 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Estee Lauder Companies 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 Estee Lauder Companies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Moving together with Estee Stock

0.75	CL	Colgate Palmolive Fiscal Year End 24th of January 2025	Pair Corr
0.8	UG	United Guardian	Pair Corr
0.81	UL	Unilever PLC ADR	Pair Corr
0.74	KMB	Kimberly Clark Fiscal Year End 22nd of January 2025	Pair Corr
0.78	REYN	Reynolds Consumer	Pair Corr
0.78	TKLF	Yoshitsu	Pair Corr
0.79	COTY	Coty Inc	Pair Corr

Moving against Estee Stock

0.79	NWL	Newell Brands	Pair Corr
0.71	YSG	Yatsen Holding	Pair Corr
0.67	NATR	Natures Sunshine Products	Pair Corr
0.65	KVUE	Kenvue Inc Aggressive Push	Pair Corr
0.63	CHD	Church Dwight Sell-off Trend	Pair Corr
0.63	HNST	Honest Company	Pair Corr
0.61	CLX	Clorox Sell-off Trend	Pair Corr
0.57	ENR	Energizer Holdings	Pair Corr
0.55	LFVN	Lifevantage	Pair Corr
0.34	IPAR	Inter Parfums	Pair Corr
0.32	HELE	Helen of Troy	Pair Corr
0.81	MO	Altria Group	Pair Corr
0.69	LW	Lamb Weston Holdings Sell-off Trend	Pair Corr
0.63	KR	Kroger Company Earnings Call Today	Pair Corr
0.63	PM	Philip Morris Intern	Pair Corr
0.61	SPPJY	Sappi Ltd ADR	Pair Corr
0.5	BJ	BJs Wholesale Club	Pair Corr
0.45	TR	Tootsie Roll Industries	Pair Corr
0.36	K	Kellanova	Pair Corr

Related Correlations Analysis

	HNST	HIMS	PG	COTY	KMB	CL	UL	CLX	CHD	ELF
HNST		0.54	0.27	-0.52	-0.33	-0.42	-0.68	0.64	0.85	0.37	HNST
HIMS	0.54		-0.18	-0.79	-0.58	-0.78	-0.79	0.36	0.48	-0.14	HIMS
PG	0.27	-0.18		0.33	0.65	0.59	0.41	0.38	0.4	0.15	PG
COTY	-0.52	-0.79	0.33		0.72	0.84	0.86	-0.39	-0.5	0.18	COTY
KMB	-0.33	-0.58	0.65	0.72		0.9	0.8	-0.18	-0.18	0.13	KMB
CL	-0.42	-0.78	0.59	0.84	0.9		0.91	-0.29	-0.31	0.25	CL
UL	-0.68	-0.79	0.41	0.86	0.8	0.91		-0.42	-0.55	0.01	UL
CLX	0.64	0.36	0.38	-0.39	-0.18	-0.29	-0.42		0.87	-0.1	CLX
CHD	0.85	0.48	0.4	-0.5	-0.18	-0.31	-0.55	0.87		0.23	CHD
ELF	0.37	-0.14	0.15	0.18	0.13	0.25	0.01	-0.1	0.23		ELF
	HNST	HIMS	PG	COTY	KMB	CL	UL	CLX	CHD	ELF

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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

UL	+ 0.91	CL
CL	+ 0.9	KMB
CHD	+ 0.87	CLX
UL	+ 0.86	COTY
CHD	+ 0.85	HNST
CL	+ 0.84	COTY

High negative correlations

UL	- 0.79	HIMS
COTY	- 0.79	HIMS
CL	- 0.78	HIMS
UL	- 0.68	HNST
KMB	- 0.58	HIMS
CHD	- 0.55	UL

Risk-Adjusted Indicators

There is a big difference between Estee Stock performing well and Estee Lauder 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 Estee Lauder'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
HNST	3.30	0.86	0.34	0.75	2.26	(4.63)	7.36	(3.95)	26.16
HIMS	4.98	0.79	0.16	0.34	5.99	(5.58)	12.10	(9.37)	43.55
PG	0.73	0.09	(0.04)	(0.98)	0.80	(0.79)	1.74	(1.26)	4.66
COTY	1.65	(0.47)	0.00	(0.55)	0.00	0.00	2.87	(2.62)	15.90
KMB	0.68	(0.03)	0.00	0.67	0.00	0.00	1.18	(1.76)	6.34
CL	0.82	(0.10)	0.00	0.59	0.00	0.00	1.30	(1.74)	6.33
UL	0.68	(0.10)	0.00	2.01	0.00	0.00	1.07	(1.31)	6.60
CLX	0.73	0.12	0.00	2.51	0.67	(0.86)	1.48	(1.44)	4.64
CHD	0.89	0.11	0.00	1.07	0.92	(1.00)	1.80	(1.74)	6.54
ELF	2.64	(0.41)	0.00	(0.29)	0.00	0.00	3.98	(6.37)	17.98

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