Portmeirion Group Correlations

POTMF Stock

USD 2.80 0.00 0.00%

The current 90-days correlation between Portmeirion Group PLC and Valneva SE ADR is -0.19 (i.e., Good diversification). The correlation of Portmeirion Group 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.

Portmeirion Group Correlation With Market

Good diversification

The correlation between Portmeirion Group PLC and DJI is -0.17 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Portmeirion Group PLC and DJI in the same portfolio, assuming nothing else is changed.

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

Moving together with Portmeirion Pink Sheet

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0.74	AMZN	Amazon Inc	Pair Corr
0.74	BMYMP	Bristol Myers Squibb	Pair Corr
0.88	FSTF	First State Financial	Pair Corr
0.68	CSCO	Cisco Systems	Pair Corr
0.79	CVX	Chevron Corp Fiscal Year End 7th of February 2025	Pair Corr
0.83	AXP	American Express Fiscal Year End 24th of January 2025	Pair Corr
0.81	BAC	Bank of America Fiscal Year End 10th of January 2025	Pair Corr
0.97	DIS	Walt Disney	Pair Corr
0.88	T	ATT Inc Fiscal Year End 22nd of January 2025	Pair Corr

Moving against Portmeirion Pink Sheet

0.87	PFE	Pfizer Inc Fiscal Year End 4th of February 2025	Pair Corr
0.46	GE	GE Aerospace Fiscal Year End 28th of January 2025	Pair Corr
0.45	DD	Dupont De Nemours Fiscal Year End 4th of February 2025	Pair Corr
0.35	MCD	McDonalds Sell-off Trend	Pair Corr

Related Correlations Analysis

	LPCN	NTGR	VALN	FEDU	BNTX	ACCO	COE
LPCN		0.07	0.11	0.27	-0.28	-0.13	0.01	LPCN
NTGR	0.07		-0.87	-0.37	-0.23	0.87	-0.19	NTGR
VALN	0.11	-0.87		0.31	-0.01	-0.79	0.35	VALN
FEDU	0.27	-0.37	0.31		0.03	-0.39	-0.12	FEDU
BNTX	-0.28	-0.23	-0.01	0.03		-0.11	-0.07	BNTX
ACCO	-0.13	0.87	-0.79	-0.39	-0.11		-0.2	ACCO
COE	0.01	-0.19	0.35	-0.12	-0.07	-0.2		COE
	LPCN	NTGR	VALN	FEDU	BNTX	ACCO	COE

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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

ACCO	+ 0.87	NTGR
COE	+ 0.35	VALN
FEDU	+ 0.31	VALN
FEDU	+ 0.27	LPCN
VALN	+ 0.11	LPCN
NTGR	+ 0.07	LPCN

High negative correlations

VALN	- 0.87	NTGR
ACCO	- 0.79	VALN
ACCO	- 0.39	FEDU
FEDU	- 0.37	NTGR
BNTX	- 0.28	LPCN
BNTX	- 0.23	NTGR

Risk-Adjusted Indicators

There is a big difference between Portmeirion Pink Sheet performing well and Portmeirion Group 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 Portmeirion Group'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
LPCN	3.53	0.40	0.06	2.11	4.69	(3.57)	9.75	(6.20)	27.84
NTGR	1.82	0.24	0.12	0.39	1.63	(2.17)	4.93	(3.05)	11.27
VALN	2.22	(0.83)	0.00	45.93	0.00	0.00	3.60	(6.16)	11.78
FEDU	2.61	0.00	0.00	0.09	2.99	(3.27)	7.17	(4.43)	19.81
BNTX	2.27	0.19	0.06	0.35	2.45	(2.59)	4.85	(3.90)	24.81
ACCO	1.76	0.08	0.06	0.14	1.75	(2.10)	4.87	(3.25)	11.68
COE	2.75	0.11	0.01	(2.01)	3.28	(3.47)	6.62	(4.95)	28.89

Be your own money manager

Our tools can tell you how much better you can do entering a position in Portmeirion Group 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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