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.
Moving together with JJSF Stock
0.83 | TSN | Tyson Foods Sell-off Trend | PairCorr |
0.78 | GO | Grocery Outlet Holding | PairCorr |
0.74 | JZ | Jianzhi Education | PairCorr |
0.78 | DNUT | Krispy Kreme Trending | PairCorr |
0.82 | VSTA | Vasta Platform | PairCorr |
Moving against JJSF Stock
0.68 | BUD | Anheuser Busch Inbev Earnings Call This Week | PairCorr |
0.46 | WEST | Westrock Coffee | PairCorr |
0.43 | DG | Dollar General Sell-off Trend | PairCorr |
0.4 | IH | Ihuman Inc | PairCorr |
0.39 | OTLY | Oatly Group AB | PairCorr |
0.39 | EL | Estee Lauder Companies | PairCorr |
0.35 | JVA | Coffee Holding | PairCorr |
0.57 | PM | Philip Morris Intern Sell-off Trend | PairCorr |
0.51 | YQ | 17 Education Technology | PairCorr |
0.42 | DLTR | Dollar Tree | PairCorr |
0.34 | TR | Tootsie Roll Industries | PairCorr |
0.33 | MO | Altria Group Earnings Call This Week | PairCorr |
0.73 | EWCZ | European Wax Center | PairCorr |
0.62 | EDBL | Edible Garden AG | PairCorr |
0.52 | DISTR | Distoken Acquisition | PairCorr |
0.34 | FEDU | Four Seasons Education | PairCorr |
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
| High negative correlations
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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.Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
---|---|---|---|---|---|---|---|---|---|---|
CVGW | 1.87 | (0.22) | (0.06) | 0.03 | 3.18 | 3.66 | 20.32 | |||
IPAR | 1.29 | 0.07 | 0.01 | 0.33 | 1.64 | 2.75 | 12.00 | |||
JBSS | 1.43 | (0.24) | (0.11) | 0.02 | 1.86 | 2.99 | 8.57 | |||
MZTI | 1.31 | (0.26) | 0.00 | (0.05) | 0.00 | 2.29 | 17.30 | |||
SENEA | 1.46 | 0.09 | 0.05 | 0.32 | 1.48 | 3.16 | 8.40 | |||
SENEB | 2.24 | 0.50 | 0.11 | 1.39 | 1.92 | 6.37 | 19.64 | |||
THS | 1.96 | (0.45) | 0.00 | (0.03) | 0.00 | 3.91 | 14.38 |
J J Corporate Management
James CPA | VP Controller | Profile | |
Stephen Every | Executive Operations | Profile | |
Douglas Davidson | Senior Division | Profile | |
Robert Cranmer | Senior Operations | Profile | |
Lynwood Mallard | Senior Officer | Profile | |
John Griffith | Chief Officer | Profile |