111 Correlations

YI Stock

USD 0.61 0.01 1.61%

The current 90-days correlation between 111 Inc and PetMed Express is 0.18 (i.e., Average diversification). The correlation of 111 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.

111 Correlation With Market

Significant diversification

The correlation between 111 Inc and DJI is 0.06 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding 111 Inc and DJI in the same portfolio, assuming nothing else is changed.

Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in 111 Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Moving together with 111 Stock

0.63

EXTO

Almacenes xito SA Potential Growth

Pair Corr

Moving against 111 Stock

0.61	IMKTA	Ingles Markets Earnings Call This Week	Pair Corr
0.57	WMK	Weis Markets	Pair Corr
0.54	NGVC	Natural Grocers by Trending	Pair Corr
0.41	AVO	Mission Produce Fiscal Year End 19th of December 2024	Pair Corr
0.34	WMT	Walmart Aggressive Push	Pair Corr
0.52	MRU	Metro Inc	Pair Corr
0.5	COST	Costco Wholesale Corp	Pair Corr
0.46	VLGEA	Village Super Market	Pair Corr
0.43	WDFC	WD 40 Company	Pair Corr
0.41	CHEF	Chefs Warehouse	Pair Corr
0.35	L	Loblaw Companies	Pair Corr

Related Correlations Analysis

	WBA	PETS	BIMI	CJJD	LFLY	FFLWF	GABLF	RAD	HITI	MEDS
WBA		-0.07	0.01	-0.02	0.05	0.0	0.0	0.13	0.22	-0.12	WBA
PETS	-0.07		-0.72	0.59	-0.64	0.0	0.0	-0.8	0.69	-0.63	PETS
BIMI	0.01	-0.72		-0.55	0.63	0.0	0.0	0.68	-0.78	0.57	BIMI
CJJD	-0.02	0.59	-0.55		-0.34	0.0	0.0	-0.71	0.64	-0.74	CJJD
LFLY	0.05	-0.64	0.63	-0.34		0.0	0.0	0.56	-0.47	0.19	LFLY
FFLWF	0.0	0.0	0.0	0.0	0.0		-1.0	0.0	0.0	0.0	FFLWF
GABLF	0.0	0.0	0.0	0.0	0.0	-1.0		0.0	0.0	0.0	GABLF
RAD	0.13	-0.8	0.68	-0.71	0.56	0.0	0.0		-0.74	0.64	RAD
HITI	0.22	0.69	-0.78	0.64	-0.47	0.0	0.0	-0.74		-0.6	HITI
MEDS	-0.12	-0.63	0.57	-0.74	0.19	0.0	0.0	0.64	-0.6		MEDS
	WBA	PETS	BIMI	CJJD	LFLY	FFLWF	GABLF	RAD	HITI	MEDS

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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

HITI	+ 0.69	PETS
RAD	+ 0.68	BIMI
HITI	+ 0.64	CJJD
MEDS	+ 0.64	RAD
LFLY	+ 0.63	BIMI
CJJD	+ 0.59	PETS

High negative correlations

GABLF	- 1.0	FFLWF
RAD	- 0.8	PETS
HITI	- 0.78	BIMI
HITI	- 0.74	RAD
MEDS	- 0.74	CJJD
BIMI	- 0.72	PETS

Risk-Adjusted Indicators

There is a big difference between 111 Stock performing well and 111 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 111'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
WBA	2.38	(0.19)	0.00	(0.27)	0.00	0.00	5.22	(4.07)	22.71
PETS	2.81	0.73	0.20	1.30	2.72	(3.18)	6.17	(4.89)	43.08
BIMI	13.59	(1.27)	0.00	2.95	0.00	0.00	22.67	(58.33)	206.98
CJJD	5.19	0.54	0.06	(0.99)	5.73	(6.02)	10.96	(8.87)	38.42
LFLY	3.61	0.04	0.00	0.10	0.00	0.00	6.98	(7.60)	51.83
FFLWF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
GABLF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
RAD	2.96	(0.58)	0.00	(3.57)	0.00	0.00	6.16	(6.88)	20.18
HITI	2.59	0.57	0.14	(1.61)	2.59	(3.04)	6.27	(3.43)	18.60
MEDS	6.58	(0.22)	0.00	(0.16)	0.00	0.00	15.93	(15.66)	59.53

111 Corporate Management

Junling Liu	Acting CoFounder	Profile
Pengcheng Zhu	CoChief Officer	Profile
Gang Yu	CoFounder Chairman	Profile
Haihui Wang	CoChief Officer	Profile
Monica Mu	IR Director	Profile
Anfeng Guo	Chief Officer	Profile

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