Procter Gamble Correlations

PG Stock

USD 155.10 0.52 0.33%

The current 90-days correlation between Procter Gamble and Unilever PLC ADR is 0.5 (i.e., Very weak diversification). The correlation of Procter Gamble 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.

Procter Gamble Correlation With Market

Weak diversification

The correlation between Procter Gamble and DJI is 0.38 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Procter Gamble and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Procter Stock

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Procter Gamble. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

For more detail on how to invest in Procter Stock please use our How to Invest in Procter Gamble guide.

Moving together with Procter Stock

0.7	CL	Colgate Palmolive Earnings Call This Week	Pair Corr
0.71	UL	Unilever PLC ADR	Pair Corr
0.89	KMB	Kimberly Clark	Pair Corr

Moving against Procter Stock

0.57	EL	Estee Lauder Companies Earnings Call This Week	Pair Corr
0.56	YSG	Yatsen Holding	Pair Corr
0.48	ODC	Oil Dri	Pair Corr
0.38	NWL	Newell Brands	Pair Corr
0.31	CENTA	Central Garden Pet	Pair Corr
0.78	DTCK	Davis Commodities	Pair Corr
0.62	VITL	Vital Farms	Pair Corr
0.6	YQ	17 Education Technology	Pair Corr
0.56	DLTR	Dollar Tree	Pair Corr
0.43	DSYWW	Big Tree Cloud	Pair Corr
0.35	DG	Dollar General	Pair Corr
0.35	KR	Kroger Company	Pair Corr
0.33	SKIN	Beauty Health	Pair Corr
0.33	TKLF	Yoshitsu	Pair Corr

Related Correlations Analysis

	CLX	CL	UL	CHD	KMB	EL	ELF	KVUE
CLX		0.5	0.36	0.14	0.39	-0.78	-0.92	0.7	CLX
CL	0.5		0.61	0.64	0.61	-0.48	-0.44	0.19	CL
UL	0.36	0.61		0.24	0.54	-0.62	-0.29	0.43	UL
CHD	0.14	0.64	0.24		0.42	-0.13	-0.1	-0.24	CHD
KMB	0.39	0.61	0.54	0.42		-0.49	-0.32	0.56	KMB
EL	-0.78	-0.48	-0.62	-0.13	-0.49		0.81	-0.72	EL
ELF	-0.92	-0.44	-0.29	-0.1	-0.32	0.81		-0.65	ELF
KVUE	0.7	0.19	0.43	-0.24	0.56	-0.72	-0.65		KVUE
	CLX	CL	UL	CHD	KMB	EL	ELF	KVUE

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

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

ELF	+ 0.81	EL
KVUE	+ 0.7	CLX
CHD	+ 0.64	CL
UL	+ 0.61	CL
KMB	+ 0.61	CL
KVUE	+ 0.56	KMB

High negative correlations

ELF	- 0.92	CLX
EL	- 0.78	CLX
KVUE	- 0.72	EL
KVUE	- 0.65	ELF
EL	- 0.62	UL
EL	- 0.49	KMB

Risk-Adjusted Indicators

There is a big difference between Procter Stock performing well and Procter Gamble 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 Procter Gamble'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
CLX	1.11	(0.24)	0.00	(0.16)	0.00	0.00	2.20	(2.54)	5.76
CL	0.88	(0.15)	0.00	(0.54)	0.00	0.00	1.86	(1.64)	5.85
UL	0.74	(0.07)	0.00	(0.55)	0.00	0.00	1.76	(1.68)	5.16
CHD	0.92	(0.21)	0.00	(0.21)	0.00	0.00	1.82	(2.01)	9.36
KMB	0.92	(0.21)	0.00	(0.42)	0.00	0.00	2.09	(1.95)	5.50
EL	1.95	0.50	0.28	0.44	1.53	(2.24)	5.33	(3.30)	14.71
ELF	2.70	1.05	0.43	0.74	1.85	(3.30)	9.28	(4.26)	30.14
KVUE	1.29	0.03	(0.07)	(0.01)	1.85	(1.31)	2.93	(2.39)	10.29

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