Sprouts Farmers Correlations

SFM Stock

USD 141.42 3.17 2.19%

The current 90-days correlation between Sprouts Farmers Market and Grocery Outlet Holding is 0.18 (i.e., Average diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Sprouts Farmers moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sprouts Farmers Market moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Sprouts Farmers Correlation With Market

Average diversification

The correlation between Sprouts Farmers Market and DJI is 0.12 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Sprouts Farmers Market and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Sprouts Stock

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sprouts Farmers Market. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

Moving together with Sprouts Stock

0.62	BJ	BJs Wholesale Club	Pair Corr
0.75	YI	111 Inc	Pair Corr
0.66	WBUY	WEBUY GLOBAL LTD Aggressive Push	Pair Corr
0.7	ACI	Albertsons Companies	Pair Corr
0.62	MSS	Maison Solutions	Pair Corr
0.65	WMK	Weis Markets	Pair Corr
0.61	VLGEA	Village Super Market	Pair Corr
0.68	CL	Colgate Palmolive	Pair Corr
0.66	FC	Franklin Covey Potential Growth	Pair Corr

Moving against Sprouts Stock

0.88	WBA	Walgreens Boots Alliance	Pair Corr
0.76	GO	Grocery Outlet Holding	Pair Corr
0.72	SYY	Sysco	Pair Corr
0.71	AVO	Mission Produce	Pair Corr
0.7	WILC	G Willi Food	Pair Corr
0.7	ANDE	Andersons	Pair Corr
0.66	DLTR	Dollar Tree Earnings Call This Week	Pair Corr
0.62	PFGC	Performance Food	Pair Corr
0.59	HITI	High Tide	Pair Corr
0.53	PSMT	PriceSmart	Pair Corr
0.46	SPTN	SpartanNash	Pair Corr
0.36	WMT	Walmart	Pair Corr
0.34	TGT	Target	Pair Corr
0.86	MO	Altria Group	Pair Corr
0.83	VITL	Vital Farms	Pair Corr
0.69	FARM	Farmer Bros	Pair Corr
0.64	EL	Estee Lauder Companies Sell-off Trend	Pair Corr
0.63	TR	Tootsie Roll Industries	Pair Corr
0.61	BG	Bunge Limited	Pair Corr
0.6	BSLKW	Bolt Projects Holdings,	Pair Corr
0.54	DOLE	Dole PLC	Pair Corr
0.51	DISTR	Distoken Acquisition	Pair Corr

Related Correlations Analysis

	GO	IMKTA	NGVC	ACI	KR	UNFI	HAIN	OLLI	FIVE
GO		0.27	-0.14	-0.67	0.17	0.36	0.44	0.32	0.51	GO
IMKTA	0.27		-0.35	-0.16	0.42	0.15	0.12	0.43	0.62	IMKTA
NGVC	-0.14	-0.35		0.5	-0.49	0.29	0.48	-0.82	-0.7	NGVC
ACI	-0.67	-0.16	0.5		-0.25	-0.4	-0.14	-0.64	-0.75	ACI
KR	0.17	0.42	-0.49	-0.25		0.0	-0.34	0.74	0.39	KR
UNFI	0.36	0.15	0.29	-0.4	0.0		0.53	0.07	0.23	UNFI
HAIN	0.44	0.12	0.48	-0.14	-0.34	0.53		-0.29	0.05	HAIN
OLLI	0.32	0.43	-0.82	-0.64	0.74	0.07	-0.29		0.76	OLLI
FIVE	0.51	0.62	-0.7	-0.75	0.39	0.23	0.05	0.76		FIVE
	GO	IMKTA	NGVC	ACI	KR	UNFI	HAIN	OLLI	FIVE

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

FIVE	+ 0.76	OLLI
OLLI	+ 0.74	KR
FIVE	+ 0.62	IMKTA
HAIN	+ 0.53	UNFI
FIVE	+ 0.51	GO
ACI	+ 0.5	NGVC

High negative correlations

OLLI	- 0.82	NGVC
FIVE	- 0.75	ACI
FIVE	- 0.7	NGVC
ACI	- 0.67	GO
OLLI	- 0.64	ACI
KR	- 0.49	NGVC

Risk-Adjusted Indicators

There is a big difference between Sprouts Stock performing well and Sprouts Farmers 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 Sprouts Farmers' 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
GO	2.44	0.61	0.19	(0.54)	1.80	(3.36)	3.16	(2.92)	44.94
IMKTA	1.19	0.02	0.01	0.13	1.38	(1.26)	3.82	(2.12)	8.97
NGVC	2.15	(0.42)	0.00	(0.30)	0.00	0.00	5.63	(4.04)	18.80
ACI	1.19	(0.20)	0.00	(1.72)	0.00	0.00	2.09	(2.12)	8.73
KR	1.15	0.07	(0.06)	(0.04)	1.43	(1.25)	2.39	(2.39)	14.23
UNFI	2.48	(0.25)	0.00	(0.04)	0.00	0.00	5.05	(5.02)	16.33
HAIN	3.01	(0.37)	0.00	(0.01)	0.00	0.00	8.88	(4.76)	15.34
OLLI	1.56	0.11	0.04	0.26	1.75	(1.61)	4.09	(3.05)	10.05
FIVE	1.57	0.40	0.19	(16.76)	1.25	(1.89)	4.00	(2.44)	8.89

Sprouts Farmers Corporate Management

David McGlinchey	Chief Merchandising Office	Profile
Stacy Hilgendorf	Controller VP	Profile
Timmi Zalatoris	Chief Officer	Profile
JD Esq	Chief Secretary	Profile
Dustin Hamilton	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