Shell PLC Correlations
| SHELL Stock | 39.57 -0.53 -1.32% |
Current 90-days correlation between Shell PLC and Unilever PLC is 0.08 (i.e., Significant diversification).The correlation of Shell PLC 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.
Market Correlation Context: Shell PLC
Excellent diversification
The correlation between SHELL and DJI is -0.67, which Macroaxis classifies as Excellent diversification for the selected horizon. Used correctly, the chart supports evaluation of whether adding the second position genuinely diversifies the first.
Shell |
Co-movement patterns for Shell PLC are summarized using correlation data. Correlation values reflect historical return alignment over available periods. Regulatory wash sale provisions can affect how similar instruments are used as replacements.
Moving together with Shell Stock
| 0.85 | AD | Koninklijke Ahold | PairCorr |
| 0.7 | CCEP | Coca Cola Europacific | PairCorr |
| 0.83 | KPN | Koninklijke KPN NV | PairCorr |
| 0.76 | JDEP | Jde Peets Nv | PairCorr |
| 0.85 | FFARM | ForFarmers NV | PairCorr |
| 0.61 | INPST | Inpost SA | PairCorr |
| 0.83 | HAL | HAL Trust Earnings Call This Week | PairCorr |
Moving against Shell Stock
Related Correlations Analysis
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
| High negative correlations
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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. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Shell PLC'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| AD | 0.97 | 0.25 | 0.35 | -3.80 | 0.63 | 2.01 | 13.27 | |||
| UNA | 0.93 | -0.03 | 0.00 | -0.29 | 0.00 | 1.68 | 5.79 | |||
| INGA | 1.28 | -0.03 | 0.00 | -0.17 | 0.00 | 2.07 | 7.34 | |||
| ASML | 1.88 | 0.36 | 0.19 | 4.35 | 2.07 | 6.01 | 11.39 | |||
| PHIA | 1.38 | 0.09 | 0.07 | 0.06 | 1.74 | 2.81 | 15.62 |
Be your own money manager
Portfolio optimization matters because investors need a repeatable way to decide whether adding Shell PLC improves expected return without taking on disproportionate risk. The practical goal is to remove redundancy, improve diversification, and keep risk aligned with the intended return target.
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Shell PLC Corporate Management
Looking at the leadership structure of Shell PLC provides context for understanding who sets direction, approves budgets, and monitors management performance. This becomes more valuable when investors want to compare oversight quality across firms that may otherwise look financially similar.
| Roland Ilube | Senior Mobility | Profile | |
| Stephanie Boyde | Executive Operations | Profile | |
| Rachel Solway | Chief Officer | Profile | |
| Philippa Bounds | Chief Officer | Profile | |
| Donny Ching | Legal Director | Profile | |
| Graham Hoff | Executive Chemicals | Profile |