Arhaus Correlations


USD 9.93  0.30  3.12%   

The correlation of Arhaus is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Arhaus moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Arhaus Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Please continue to Trending Equities.
The ability to find closely correlated positions to Arhaus could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Arhaus when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Arhaus - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Arhaus Inc to buy it.

Moving together with Arhaus

+0.63HDHome DepotPairCorr
+0.72HVTHaverty FurniturePairCorr
+0.67AINAlbany InternationalPairCorr
+0.63ALSNAllison TransmissionPairCorr
+0.66AMWDAmerican WoodmarkPairCorr
+0.71BERYBerry Global GroupPairCorr
+0.76BLBDBlue Bird Corp Earnings Call  Next WeekPairCorr
+0.78CASYCaseys General Stores Earnings Call  This WeekPairCorr
+0.61CNNECannae HoldingsPairCorr
+0.67CPRTCopart IncPairCorr
+0.86CVGICommercial VehiclePairCorr
+0.71ETDEthan Allen InteriorsPairCorr
+0.83GEFGreif Bros Earnings Call  This WeekPairCorr

Related Correlations

Please specify at least 3 valid symbols having historical data to build a meaningful correlation cloud. You can use symbol search above to locate your securities.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Arhaus without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Sync Your Broker Now


Sync Your Broker

Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
All  Next Launch Module

Arhaus Corporate Management

Elected by the shareholders, the Arhaus' board of directors comprises two types of representatives: Arhaus inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Arhaus. The board's role is to monitor Arhaus' management team and ensure that shareholders' interests are well served. Arhaus' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Arhaus' outside directors are responsible for providing unbiased perspectives on the board's policies.
Lisa Chi - Chief OfficerProfile
John Reed - Chairman, FounderProfile
Dawn Sparks - Chief OfficerProfile
Venkat Nachiappan - Chief OfficerProfile
Tim Kuckelman - Chief OfficerProfile
Jennifer Porter - Chief OfficerProfile
Dawn Phillipson - Chief OfficerProfile

Invested in Arhaus Inc?

The danger of trading Arhaus Inc is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Arhaus is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Arhaus. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Arhaus Inc is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please continue to Trending Equities. Note that the Arhaus Inc information on this page should be used as a complementary analysis to other Arhaus' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

Complementary Tools for Arhaus Stock analysis

When running Arhaus Inc price analysis, check to measure Arhaus' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Arhaus is operating at the current time. Most of Arhaus' value examination focuses on studying past and present price action to predict the probability of Arhaus' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Arhaus' price. Additionally, you may evaluate how the addition of Arhaus to your portfolios can decrease your overall portfolio volatility.
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Probability Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Commodity Channel Index
Use Commodity Channel Index to analyze current equity momentum
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Stock Screener
Find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Is Arhaus' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Arhaus. If investors know Arhaus will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Arhaus listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
Market Capitalization
1.3 B
Quarterly Revenue Growth YOY
Return On Assets
Return On Equity
The market value of Arhaus Inc is measured differently than its book value, which is the value of Arhaus that is recorded on the company's balance sheet. Investors also form their own opinion of Arhaus' value that differs from its market value or its book value, called intrinsic value, which is Arhaus' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Arhaus' market value can be influenced by many factors that don't directly affect Arhaus' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Arhaus' value and its price as these two are different measures arrived at by different means. Investors typically determine Arhaus value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Arhaus' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.