Shell Plc Correlations

SHEL Stock

3,461 -0.50 -0.01%

The current 90-days correlation between Shell plc and Iridium Communications is -0.09 (i.e., Good diversification).The statistical correlation between Shell Plc and related instruments captures the linear component of their co-movement; nonlinear tail dependence may require additional analysis.

Market Correlation Context: Shell Plc

Excellent diversification

SHEL currently posts a -0.62 correlation with DJI, indicating a Excellent diversification relationship for the active sample. Used correctly, the chart supports evaluation of whether adding the second position genuinely diversifies the first.

Co-movement patterns for Shell Plc are summarized using correlation data. All correlation values are derived from historical return data. Wash sale regulations can limit replacement with substantially identical securities.

Moving together with Shell Stock

0.87	0KTI	Enbridge	Pair Corr
0.88	0RI8	Koninklijke Ahold	Pair Corr
0.85	0KUR	PSI Software AG	Pair Corr
0.64	0Q7L	AMAG Austria Metall	Pair Corr
0.9	FMET	Fulcrum Metals PLC	Pair Corr
0.88	ARK	Arkle Resources PLC	Pair Corr
0.73	CNE	Capricorn Energy PLC Earnings Call This Week	Pair Corr
0.68	HVT	Heavitree Brewery	Pair Corr
0.63	0NV5	UPM Kymmene Oyj	Pair Corr
0.91	0O46	Neste Oil Oyj	Pair Corr
0.72	0L9Y	STMicroelectronics	Pair Corr
0.65	GLEN	Glencore PLC	Pair Corr
0.77	UU	United Utilities	Pair Corr

Moving against Shell Stock

0.92	0KEC	PJT Partners	Pair Corr
0.88	0P6N	Volkswagen AG	Pair Corr
0.87	0Y0Y	Accenture plc	Pair Corr
0.87	0P6O	Volkswagen AG Non	Pair Corr
0.72	0Z4S	Tencent Holdings	Pair Corr
0.67	0KGH	Paycom Software	Pair Corr
0.64	0R1O	Amazon Inc	Pair Corr
0.56	0JOQ	JD Inc	Pair Corr
0.37	0NIF	SMA Solar Technology Earnings Call This Week	Pair Corr

Related Correlations Analysis

	HOC	0J39	0JDO	GAMA	0R6V	ZEG	0KYZ	BRWM
HOC		0.2	0.68	-0.25	0.79	0.85	0.37	0.88	HOC
0J39	0.2		-0.47	0.51	-0.33	-0.22	0.07	0.37	0J39
0JDO	0.68	-0.47		-0.64	0.9	0.87	0.35	0.52	0JDO
GAMA	-0.25	0.51	-0.64		-0.64	-0.51	-0.21	-0.27	GAMA
0R6V	0.79	-0.33	0.9	-0.64		0.89	0.29	0.63	0R6V
ZEG	0.85	-0.22	0.87	-0.51	0.89		0.33	0.71	ZEG
0KYZ	0.37	0.07	0.35	-0.21	0.29	0.33		0.3	0KYZ
BRWM	0.88	0.37	0.52	-0.27	0.63	0.71	0.3		BRWM
	HOC	0J39	0JDO	GAMA	0R6V	ZEG	0KYZ	BRWM

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

0R6V	+ 0.9	0JDO
ZEG	+ 0.89	0R6V
BRWM	+ 0.88	HOC
ZEG	+ 0.87	0JDO
ZEG	+ 0.85	HOC
0R6V	+ 0.79	HOC

High negative correlations

0R6V	- 0.64	GAMA
GAMA	- 0.64	0JDO
ZEG	- 0.51	GAMA
0JDO	- 0.47	0J39
0R6V	- 0.33	0J39
BRWM	- 0.27	GAMA

Risk-Adjusted Indicators

There is a big difference between Shell Stock performing well and Shell Plc Company doing well as a business compared to the competition. A thorough review of Shell Plc's risk-adjusted indicators provides a clearer picture of whether returns are being earned efficiently. 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
HOC	3.15	0.42	0.10	0.26	3.81	-3.29	6.64	-6.50	22.28
0J39	3.23	-0.37	0.00	-0.33	0.00	0.00	5.58	-9.39	22.85
0JDO	2.63	0.69	0.25	1.55	2.37	-3.09	5.71	-3.89	19.73
GAMA	1.05	-0.09	0.00	-0.89	0.00	0.00	1.79	-2.85	7.01
0R6V	1.14	0.36	0.22	0.66	1.42	-1.33	2.99	-1.80	10.80
ZEG	1.94	0.48	0.22	1.04	1.98	-2.12	3.90	-3.35	15.98
0KYZ	1.27	-0.05	0.00	-0.41	0.00	0.00	2.94	-3.03	9.45
BRWM	2.28	0.14	0.04	0.07	3.29	-2.16	4.77	-5.05	13.11

Be your own money manager

A disciplined portfolio workflow around Shell plc should test whether the position strengthens diversification, return efficiency, and overall portfolio fit. The better process compares expected return, volatility, and correlation before the position is increased or introduced.

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Shell Plc Corporate Management

Governance context around Shell plc gives investors another way to assess whether decision-making power is balanced, accountable, and aligned with shareholder priorities. The stronger read distinguishes insiders who manage operations from outside directors who are expected to provide independent oversight.

Roland Ilube	Senior Mobility	Profile
Stephanie Boyde	Executive Operations	Profile
Rachel Solway	Chief Officer	Profile
Donny Ching	Legal Director	Profile
Graham Hoff	Executive Chemicals	Profile

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