Where Food Correlations

WFCF Stock  USD 12.83  0.32  2.43%   
The current 90-days correlation between Where Food Comes and YXTCOM GROUP HOLDING is 0.08 (i.e., Significant diversification). The correlation of Where Food 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.

Where Food Correlation With Market

Weak diversification

The correlation between Where Food Comes and DJI is 0.34 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Where Food Comes and DJI in the same portfolio, assuming nothing else is changed.
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Where Food Comes. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in private.

Moving together with Where Stock

  0.66BIDU Baidu IncPairCorr
  0.64AFSIP AmTrust FinancialPairCorr

Moving against Where Stock

  0.64ULS UL SolutionsPairCorr
  0.59CYTK CytokineticsPairCorr
  0.53603860 RoadMain TPairCorr
  0.53SIGL Signal AdvancePairCorr
  0.5300556 Silkroad Visual TechPairCorr
  0.46NEGG Newegg CommercePairCorr
  0.43IHRT iHeartMedia Class Upward RallyPairCorr
  0.4PUBGY Publicis Groupe SAPairCorr
  0.37CGEM Cullinan Oncology LLCPairCorr
  0.33ACTG Acacia ResearchPairCorr
  0.32GLUC Glucose HealthPairCorr
  0.66GRCGF Guardian CapitalPairCorr
  0.55VKTX Viking TherapeuticsPairCorr
  0.55CIB Grupo Cibest SAPairCorr
  0.53ANSC Agriculture NaturalPairCorr
  0.51GTOFF Gemalto NVPairCorr
  0.48IRNRF Iron Road LimitedPairCorr
  0.48KLTHF Koolearn TechnologyPairCorr
  0.44VIAV Viavi SolutionsPairCorr

Related Correlations Analysis


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

QHUPLD
SOGPUPLD
SOGPQH
KNRXQH
QHYXT
NUKKYXT
  

High negative correlations

ATHRUPLD
SOGPATHR
QHATHR
MSAIQH
MSAIKNRX
SNCRHKIT

Risk-Adjusted Indicators

There is a big difference between Where Stock performing well and Where Food 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 Where Food'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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
YXT  4.69  0.50  0.05 (0.17) 5.53 
 9.33 
 42.15 
HKIT  6.29  0.38  0.04  0.25  9.36 
 9.56 
 122.99 
UPLD  2.70 (0.45) 0.00  0.46  0.00 
 4.44 
 13.32 
ATHR  3.27  0.46  0.09 (0.47) 3.58 
 6.12 
 26.43 
QH  9.30 (0.25) 0.00  0.01  17.29 
 25.50 
 109.99 
SNCR  4.01  0.85  0.21  1.04  3.26 
 6.41 
 66.07 
SOGP  6.24 (0.67) 0.00 (0.08) 0.00 
 11.26 
 57.87 
KNRX  4.59 (0.82) 0.00 (1.11) 0.00 
 9.63 
 32.65 
NUKK  7.45  0.61  0.09  0.25  7.71 
 19.58 
 50.49 
MSAI  9.29  0.65  0.06  0.40  10.07 
 20.00 
 133.82 

Where Food Corporate Management

Kathryn BrittonExecutive ExperienceProfile
Jason FrancoChief OfficerProfile
Jennifer MooreMarketing ManagerProfile
CJ ScottMarketing ManagerProfile
Eric HarrisExecutive SureHarvestProfile
Jay PfeifferManager RelationsProfile