J J Correlations

JJSF Stock  USD 117.56  0.44  0.38%   
The current 90-days correlation between J J Snack and Inter Parfums is -0.09 (i.e., Good diversification). The correlation of J J 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.

J J Correlation With Market

Very weak diversification

The correlation between J J Snack and DJI is 0.42 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding J J Snack and DJI in the same portfolio, assuming nothing else is changed.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in J J Snack. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Moving together with JJSF Stock

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  0.78DNUT Krispy Kreme TrendingPairCorr
  0.82VSTA Vasta PlatformPairCorr

Moving against JJSF Stock

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  0.46WEST Westrock CoffeePairCorr
  0.43DG Dollar General Sell-off TrendPairCorr
  0.4IH Ihuman IncPairCorr
  0.39OTLY Oatly Group ABPairCorr
  0.39EL Estee Lauder CompaniesPairCorr
  0.35JVA Coffee HoldingPairCorr
  0.57PM Philip Morris Intern Sell-off TrendPairCorr
  0.51YQ 17 Education TechnologyPairCorr
  0.42DLTR Dollar TreePairCorr
  0.34TR Tootsie Roll IndustriesPairCorr
  0.33MO Altria Group Earnings Call This WeekPairCorr
  0.73EWCZ European Wax CenterPairCorr
  0.62EDBL Edible Garden AGPairCorr
  0.52DISTR Distoken AcquisitionPairCorr
  0.34FEDU Four Seasons EducationPairCorr

Related Correlations Analysis

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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   
MZTIJBSS
SENEBSENEA
SENEBIPAR
SENEAIPAR
SENEAJBSS
SENEBJBSS
  
High negative correlations   
THSSENEB
THSSENEA
THSIPAR
MZTIIPAR
THSJBSS
THSMZTI

Risk-Adjusted Indicators

There is a big difference between JJSF Stock performing well and J J 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 J J'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.

J J Corporate Management

James CPAVP ControllerProfile
Stephen EveryExecutive OperationsProfile
Douglas DavidsonSenior DivisionProfile
Robert CranmerSenior OperationsProfile
Lynwood MallardSenior OfficerProfile
John GriffithChief OfficerProfile