Dollar Tree Correlations

DLTR Stock

USD 123.95 1.94 1.59%

The current 90-days correlation between Dollar Tree and Dollar General is 0.57 (i.e., Very weak diversification). The correlation of Dollar Tree 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. If the correlation is 0, the equities are not correlated; they are entirely random.

Dollar Tree Correlation With Market

Very weak diversification

The correlation between Dollar Tree and DJI is 0.52 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Dollar Tree and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Dollar Stock

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dollar Tree. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

To learn how to invest in Dollar Stock, please use our How to Invest in Dollar Tree guide.

Moving together with Dollar Stock

0.91	DG	Dollar General	Pair Corr
0.73	MRU	Metro Inc	Pair Corr
0.9	WILC	G Willi Food	Pair Corr
0.79	TGT	Target Buyout Trend	Pair Corr
0.85	WMT	Walmart Common Stock	Pair Corr
0.83	GRDN	Guardian Pharmacy	Pair Corr
0.68	301126	Hunan Dajiaweikang	Pair Corr
0.68	OGO	Organto Foods	Pair Corr
0.72	L	Loblaw Companies	Pair Corr
0.73	EBM	Eastwood Bio Medical	Pair Corr
0.62	NWC	North West	Pair Corr

Moving against Dollar Stock

0.79	GO	Grocery Outlet Holding	Pair Corr
0.79	YI	111 Inc	Pair Corr
0.74	HITI	High Tide	Pair Corr
0.72	MSS	Maison Solutions	Pair Corr
0.67	KR	Kroger Company	Pair Corr
0.66	SFM	Sprouts Farmers Market Sell-off Trend	Pair Corr
0.6	WBUY	WEBUY GLOBAL LTD	Pair Corr
0.86	COL	Coles Group	Pair Corr
0.82	HCWC	Healthy Choice Wellness	Pair Corr
0.81	603939	Yifeng Pharmacy	Pair Corr
0.8	HPC	Hydration Pharmaceuticals	Pair Corr
0.79	HWIN	Hometown International	Pair Corr
0.77	GCL	Colabor Group	Pair Corr
0.72	HITI	High Tide	Pair Corr
0.68	SYY	Sysco Sell-off Trend	Pair Corr
0.66	WNW	Meiwu Technology	Pair Corr
0.34	WMK	Weis Markets	Pair Corr
0.85	NGVC	Natural Grocers by	Pair Corr
0.8	MTS	Metcash	Pair Corr
0.78	PFGC	Performance Food	Pair Corr
0.62	605266	Yunnan Jianzhijia	Pair Corr

Related Correlations Analysis

	DG	CHD	STZ	BJ	TSN	BG	MKC	FMX	KOF
DG		-0.31	0.57	0.33	0.83	0.16	0.31	0.86	0.82	DG
CHD	-0.31		0.15	0.16	-0.31	-0.48	0.25	-0.38	-0.54	CHD
STZ	0.57	0.15		0.09	0.48	-0.15	0.29	0.51	0.21	STZ
BJ	0.33	0.16	0.09		0.12	-0.1	0.33	0.22	0.15	BJ
TSN	0.83	-0.31	0.48	0.12		0.11	0.34	0.77	0.69	TSN
BG	0.16	-0.48	-0.15	-0.1	0.11		0.04	0.22	0.5	BG
MKC	0.31	0.25	0.29	0.33	0.34	0.04		0.14	0.18	MKC
FMX	0.86	-0.38	0.51	0.22	0.77	0.22	0.14		0.81	FMX
KOF	0.82	-0.54	0.21	0.15	0.69	0.5	0.18	0.81		KOF
	DG	CHD	STZ	BJ	TSN	BG	MKC	FMX	KOF

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

FMX	+ 0.86	DG
TSN	+ 0.83	DG
KOF	+ 0.82	DG
KOF	+ 0.81	FMX
FMX	+ 0.77	TSN
KOF	+ 0.69	TSN

High negative correlations

KOF	- 0.54	CHD
BG	- 0.48	CHD
FMX	- 0.38	CHD
TSN	- 0.31	CHD
CHD	- 0.31	DG
BG	- 0.15	STZ

Risk-Adjusted Indicators

There is a big difference between Dollar Stock performing well and Dollar Tree 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 Dollar Tree'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
DG	1.61	0.37	0.17	0.45	1.74	(1.77)	4.28	(3.55)	20.13
CHD	0.99	(0.04)	0.00	(0.15)	0.00	0.00	1.70	(1.68)	10.66
STZ	1.24	0.07	0.03	0.17	1.26	(1.44)	3.14	(2.40)	6.76
BJ	1.29	(0.06)	0.00	(0.04)	0.00	0.00	2.90	(2.67)	7.06
TSN	1.14	0.09	0.04	0.23	1.26	(1.25)	2.98	(2.25)	8.77
BG	1.22	0.18	0.12	0.56	0.97	(1.65)	2.41	(1.84)	16.07
MKC	1.04	0.11	0.03	1.66	1.43	(1.00)	2.47	(1.96)	5.80
FMX	1.22	0.09	0.03	0.50	1.19	(1.41)	2.78	(1.88)	7.55
KOF	1.17	0.19	0.12	0.81	0.95	(1.54)	2.93	(1.79)	7.73

Dollar Tree Corporate Management

Michael Creedon	Chief Officer	Profile
Aditya Maheshwari	Senior Officer	Profile
Jonathan JD	Chief Secretary	Profile
Richard McNeely	Chief Officer	Profile
Robert Aflatooni	Chief Officer	Profile
Bobby Aflatooni	Chief Officer	Profile

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