US FOODS Correlations

Stocks . Germany . 
Stock . US FOODS HOLDING
UFH Stock  EUR 64.50  0.50  0.77%   
The current 90-days correlation between US FOODS HOLDING and Apple Inc is -0.15 (i.e., Good diversification). The correlation of US FOODS 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.

US FOODS Correlation With Market

Very weak diversification

The correlation between US FOODS HOLDING and DJI is 0.48 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding US FOODS HOLDING and DJI in the same portfolio, assuming nothing else is changed.
  
The ability to find closely correlated positions to US FOODS could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace US FOODS 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 US FOODS - 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 US FOODS HOLDING to buy it.

Moving together with UFH Stock

  0.82APC Apple IncPairCorr
  0.82APC Apple IncPairCorr
  0.82APC Apple IncPairCorr
  0.82APC Apple IncPairCorr
  0.83MSF MicrosoftPairCorr
  0.82MSF MicrosoftPairCorr
  0.82MSF MicrosoftPairCorr
  0.81MSF MicrosoftPairCorr
  0.82MSF MicrosoftPairCorr
  0.91AMZ Amazon IncPairCorr
  0.61WDC WESTERN DIGITALPairCorr
  0.66WDC WESTERN DIGITALPairCorr
  0.63WDC WESTERN DIGITALPairCorr
  0.66WDC WESTERN DIGITALPairCorr
  0.65WDC Western DigitalPairCorr
  0.94CYL CryoLifePairCorr
  0.94CYL CRYOLIFEPairCorr
  0.92T9A TRAINLINE PLC LSPairCorr
  0.74KOMA KOMATSU LTD SPONSPairCorr
  0.81HXL HexcelPairCorr
  0.91SK3 Smurfit Kappa GroupPairCorr
  0.77WX7 Corporate Office ProPairCorr
  0.83AZ5 AutoZonePairCorr
  0.93EQN2 EquinixPairCorr
  0.94PPB Flutter Entertainment PLCPairCorr
  0.922WY Wyndham Hotels ResortsPairCorr
  0.63TSFA Taiwan SemiconductorPairCorr
  0.9WX1 Acadia Realty TrustPairCorr
  0.82APC Apple IncPairCorr
  0.734GE Grupo Mxico SABPairCorr
  0.90XHR Xenia Hotels ResortsPairCorr
  0.9FFH Fifth Third BancorpPairCorr
  0.96PTX Palantir TechnologiesPairCorr

Moving against UFH Stock

  0.8EII EisaiPairCorr
  0.57AXI Atos SEPairCorr

Related Correlations Analysis

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Risk-Adjusted Indicators

There is a big difference between UFH Stock performing well and US FOODS 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 US FOODS'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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
APC  0.92  0.24  0.16  20.15  1.07 
(0.97)
 2.22 
(1.83)
 6.45 
APC  0.90  0.23  0.18  1.20  0.93 
(1.00)
 1.81 
(1.75)
 4.97 
APC  0.85  0.25  0.20  1.43  0.99 
(0.96)
 1.88 
(1.61)
 6.46 
APC  0.91  0.23  0.20  5.09  0.79 
(1.06)
 2.33 
(1.69)
 5.24 
MSF  0.96  0.10  0.05  0.39  1.44 
(0.98)
 2.46 
(1.92)
 9.09 
MSF  1.00  0.11  0.06  1.06  1.48 
(1.16)
 2.42 
(1.66)
 11.42 
MSF  1.04  0.09  0.05  1.34  1.36 
(1.18)
 2.35 
(1.75)
 9.11 
MSF  0.93  0.09  0.04 (9.07) 1.35 
(1.02)
 2.04 
(1.49)
 8.79 
MSF  0.96  0.11  0.07  0.58  1.24 
(1.17)
 2.55 
(1.46)
 8.71 
AMZ  1.23  0.37  0.23  1.71  1.09 
(1.33)
 2.87 
(1.73)
 9.60 

Be your own money manager

Our tools can tell you how much better you can do entering a position in US FOODS 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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