SHF Holdings Correlations
| SHFSW Stock | USD 0.03 0.0001 0.35% |
The current 90-days correlation between SHF Holdings and Simon Property Group is -0.08 (i.e., Good diversification). The correlation of SHF 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. If the correlation is 0, the equities are not correlated; they are entirely random.
SHF Holdings Correlation With Market
Good diversification
The correlation between SHF Holdings and DJI is -0.15 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding SHF Holdings and DJI in the same portfolio, assuming nothing else is changed.
SHF |
Moving together with SHF Stock
Moving against SHF Stock
| 0.47 | RF-PF | Regions Financial | PairCorr |
| 0.35 | MBCN | Middlefield Banc | PairCorr |
| 0.48 | ECBK | ECB Bancorp | PairCorr |
| 0.41 | EBMT | Eagle Bancorp Montana | PairCorr |
Related Correlations Analysis
| 0.5 | 0.2 | 0.24 | -0.09 | -0.34 | 0.3 | SPG-PJ | ||
| 0.5 | 0.4 | 0.45 | 0.21 | -0.77 | 0.79 | ABR | ||
| 0.2 | 0.4 | 0.13 | 0.68 | -0.14 | 0.36 | TS | ||
| 0.24 | 0.45 | 0.13 | 0.23 | -0.74 | 0.73 | DTI | ||
| -0.09 | 0.21 | 0.68 | 0.23 | -0.05 | 0.32 | PTEN | ||
| -0.34 | -0.77 | -0.14 | -0.74 | -0.05 | -0.91 | AAM | ||
| 0.3 | 0.79 | 0.36 | 0.73 | 0.32 | -0.91 | SDRL | ||
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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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between SHF Stock performing well and SHF 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 SHF 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SPG-PJ | 0.76 | (0.07) | 0.00 | (11.67) | 0.00 | 1.98 | 5.55 | |||
| ABR | 1.38 | (0.08) | 0.00 | (0.15) | 0.00 | 2.49 | 15.82 | |||
| TS | 1.18 | 0.10 | 0.08 | 0.05 | 1.44 | 2.71 | 8.71 | |||
| DTI | 2.27 | (0.35) | 0.00 | 0.91 | 0.00 | 4.26 | 15.50 | |||
| PTEN | 2.33 | 0.25 | 0.08 | 0.15 | 2.76 | 5.03 | 14.39 | |||
| AAM | 0.08 | 0.02 | 0.76 | 6.04 | 0.00 | 0.20 | 0.49 | |||
| SDRL | 1.94 | (0.62) | 0.00 | (0.77) | 0.00 | 3.06 | 13.22 |
SHF Holdings Corporate Management
| Donald Emmi | Chief Officer | Profile | |
| Terry Mendez | Chief Officer | Profile | |
| Tyler Beuerlein | Chief Officer | Profile | |
| Paul Penney | Chief Officer | Profile |