A2 Milk Correlations

ACOPF Stock

USD 5.79 0.06 1.05%

The current 90-days correlation between a2 Milk and Glanbia PLC ADR is -0.01 (i.e., Good diversification). The correlation of A2 Milk 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.

A2 Milk Correlation With Market

Weak diversification

The correlation between The a2 Milk and DJI is 0.37 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding The a2 Milk and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to A2 Milk could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace A2 Milk 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 A2 Milk - 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 The a2 Milk to buy it.

Moving together with ACOPF Pink Sheet

0.7	ADM	Archer Daniels Midland Earnings Call Next Week	Pair Corr
0.78	MHGVY	Mowi ASA ADR	Pair Corr
0.85	MNHVF	Mowi ASA	Pair Corr
0.73	SALRF	SalMar ASA	Pair Corr
0.72	MUFG	Mitsubishi UFJ Financial	Pair Corr
0.62	SMFG	Sumitomo Mitsui Financial Normal Trading	Pair Corr
0.64	MFG	Mizuho Financial	Pair Corr
0.69	MZHOF	Mizuho Financial	Pair Corr
0.77	DOOO	BRP Inc	Pair Corr
0.79	ACIW	ACI Worldwide	Pair Corr
0.76	PBF	PBF Energy	Pair Corr
0.73	XPRO	Expro Group Holdings Earnings Call This Week	Pair Corr
0.84	EXPE	Expedia Group	Pair Corr
0.79	WFCF	Where Food Comes	Pair Corr
0.63	BCDRF	Banco Santander SA Earnings Call Next Week	Pair Corr
0.73	FNV	Franco Nevada	Pair Corr
0.63	VIV	Telefonica Brasil	Pair Corr
0.79	PFH	Prudential Financial 4125	Pair Corr

Related Correlations Analysis

	GLAPY	GLAPF	CHFLF	CFEIY	PIFMY	PIFMF	YMZBY	TATYY	DQJCF	FPAFF
GLAPY		0.6	-0.39	-0.14	-0.35	0.0	0.0	-0.28	-0.28	0.31	GLAPY
GLAPF	0.6		-0.59	-0.43	-0.73	0.0	0.0	-0.52	-0.41	0.32	GLAPF
CHFLF	-0.39	-0.59		0.75	0.62	0.0	0.0	0.81	0.13	-0.32	CHFLF
CFEIY	-0.14	-0.43	0.75		0.46	0.0	0.0	0.85	0.12	-0.2	CFEIY
PIFMY	-0.35	-0.73	0.62	0.46		0.0	0.0	0.56	0.25	-0.19	PIFMY
PIFMF	0.0	0.0	0.0	0.0	0.0		0.0	0.0	0.0	0.0	PIFMF
YMZBY	0.0	0.0	0.0	0.0	0.0	0.0		0.0	0.0	0.0	YMZBY
TATYY	-0.28	-0.52	0.81	0.85	0.56	0.0	0.0		0.17	-0.08	TATYY
DQJCF	-0.28	-0.41	0.13	0.12	0.25	0.0	0.0	0.17		0.07	DQJCF
FPAFF	0.31	0.32	-0.32	-0.2	-0.19	0.0	0.0	-0.08	0.07		FPAFF
	GLAPY	GLAPF	CHFLF	CFEIY	PIFMY	PIFMF	YMZBY	TATYY	DQJCF	FPAFF

Please upgrade your account to get full access to Macroaxis premium features

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

TATYY	+ 0.85	CFEIY
TATYY	+ 0.81	CHFLF
CFEIY	+ 0.75	CHFLF
PIFMY	+ 0.62	CHFLF
GLAPF	+ 0.6	GLAPY
TATYY	+ 0.56	PIFMY

High negative correlations

PIFMY	- 0.73	GLAPF
CHFLF	- 0.59	GLAPF
TATYY	- 0.52	GLAPF
CFEIY	- 0.43	GLAPF
DQJCF	- 0.41	GLAPF
CHFLF	- 0.39	GLAPY

Risk-Adjusted Indicators

There is a big difference between ACOPF Pink Sheet performing well and A2 Milk 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 A2 Milk'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
GLAPY	0.51	0.18	0.00	(2.79)	0.00	0.00	0.00	0.00	18.54
GLAPF	0.72	0.22	0.00	1.38	0.00	0.00	0.30	(0.06)	20.46
CHFLF	0.66	(0.33)	0.00	4.45	0.00	0.00	0.00	(2.13)	11.58
CFEIY	0.54	(0.18)	0.00	0.49	0.00	0.00	0.00	0.00	18.35
PIFMY	2.53	(0.18)	0.00	3.78	0.00	0.00	6.84	(7.79)	24.92
PIFMF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
YMZBY	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
TATYY	1.57	(0.48)	0.00	4.55	0.00	0.00	3.09	(5.50)	16.29
DQJCF	6.54	3.51	0.58	(5.79)	4.45	(8.56)	20.39	(7.51)	49.14
FPAFF	1.98	0.23	0.03	(0.90)	2.52	(3.39)	6.25	(4.94)	15.55

Be your own money manager

Our tools can tell you how much better you can do entering a position in A2 Milk 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.

Did you try this?

Run Portfolio File Import Now

Portfolio File Import

Quickly import all of your third-party portfolios from your local drive in csv format

All Next

Launch Module

A2 Milk Corporate Management

Li Xiao	Chief Executive Greater China	Profile
BCom BComm	CEO MD	Profile
Shareef Khan	General Manager of Operations	Profile
Amanda Hart	Chief Officer	Profile
David Akers	Group Sustainability	Profile
Edith Bailey	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

2025 Macroaxis LLC