Jefferies Financial Correlations

JEF Stock

USD 52.91 2.59 4.67%

The current 90-days correlation between Jefferies Financial and Stifel Financial is 0.64 (i.e., Poor diversification). The correlation of Jefferies Financial 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.

Jefferies Financial Correlation With Market

Poor diversification

The correlation between Jefferies Financial Group and DJI is 0.61 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Jefferies Financial Group and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Jefferies Stock

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jefferies Financial Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

Moving together with Jefferies Stock

0.89	IBAC	IB Acquisition Corp	Pair Corr
0.68	HSPOR	Horizon Space Acquisition	Pair Corr
0.63	AMPH	Amphastar P	Pair Corr
0.77	KNTK	Kinetik Holdings Earnings Call This Week	Pair Corr
0.62	GOOD	Gladstone Commercial Earnings Call This Week	Pair Corr

Moving against Jefferies Stock

0.73	LCE	London City Equities	Pair Corr
0.49	LEGT	Legato Merger Corp	Pair Corr
0.76	ASTS	Ast Spacemobile Aggressive Push	Pair Corr
0.54	BNTRF	Benton Resources	Pair Corr
0.49	ARBE	Arbe Robotics	Pair Corr
0.47	NSRGY	Nestle SA ADR	Pair Corr
0.38	TRX	Tanzanian Royalty	Pair Corr

Related Correlations Analysis

	SF	EVR	FDS	FRHC	AIZ	KNSL	XP	OXLC	HLI
SF		0.36	-0.04	-0.36	0.13	-0.39	0.46	0.16	0.55	SF
EVR	0.36		-0.45	-0.39	0.41	-0.38	0.77	0.38	0.89	EVR
FDS	-0.04	-0.45		0.6	-0.52	0.12	-0.16	0.34	-0.33	FDS
FRHC	-0.36	-0.39	0.6		-0.44	0.14	-0.23	0.25	-0.31	FRHC
AIZ	0.13	0.41	-0.52	-0.44		0.23	0.18	0.17	0.32	AIZ
KNSL	-0.39	-0.38	0.12	0.14	0.23		-0.67	0.06	-0.57	KNSL
XP	0.46	0.77	-0.16	-0.23	0.18	-0.67		0.37	0.84	XP
OXLC	0.16	0.38	0.34	0.25	0.17	0.06	0.37		0.42	OXLC
HLI	0.55	0.89	-0.33	-0.31	0.32	-0.57	0.84	0.42		HLI
	SF	EVR	FDS	FRHC	AIZ	KNSL	XP	OXLC	HLI

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

HLI	+ 0.89	EVR
HLI	+ 0.84	XP
XP	+ 0.77	EVR
FRHC	+ 0.6	FDS
HLI	+ 0.55	SF
XP	+ 0.46	SF

High negative correlations

XP	- 0.67	KNSL
HLI	- 0.57	KNSL
AIZ	- 0.52	FDS
FDS	- 0.45	EVR
AIZ	- 0.44	FRHC
FRHC	- 0.39	EVR

Risk-Adjusted Indicators

There is a big difference between Jefferies Stock performing well and Jefferies Financial 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 Jefferies Financial'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
SF	1.16	(0.02)	0.01	0.08	1.30	(1.31)	3.01	(2.59)	7.47
EVR	1.56	(0.22)	0.00	(0.02)	0.00	0.00	4.11	(2.94)	9.00
FDS	1.55	(0.74)	0.00	(0.68)	0.00	0.00	2.24	(4.01)	13.98
FRHC	1.67	(0.25)	0.00	(0.30)	0.00	0.00	3.49	(3.61)	9.74
AIZ	1.09	0.11	0.06	0.23	1.32	(1.13)	1.99	(2.47)	15.15
KNSL	1.52	(0.22)	0.00	(0.20)	0.00	0.00	3.33	(3.76)	12.80
XP	1.81	0.08	0.04	0.17	2.35	(1.84)	4.37	(3.58)	12.94
OXLC	1.32	(0.24)	0.00	(0.24)	0.00	0.00	2.85	(2.75)	7.98
HLI	1.02	(0.06)	(0.03)	0.04	1.15	(1.12)	2.15	(2.22)	5.83

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