Food Life Correlations
| 2G0 Stock | EUR 27.40 0.80 3.01% |
The current 90-days correlation between Food Life Companies and National Beverage Corp is -0.13 (i.e., Good diversification). The correlation of Food Life 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.
Food Life Correlation With Market
Significant diversification
The correlation between Food Life Companies and DJI is 0.01 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Food Life Companies and DJI in the same portfolio, assuming nothing else is changed.
Food |
The ability to find closely correlated positions to Food Life could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Food Life when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Food Life - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Food Life Companies to buy it.
Moving together with Food Stock
| 0.73 | MDO | McDonalds | PairCorr |
| 0.95 | TGR | Yum Brands | PairCorr |
| 0.7 | 0YU | Yum China Holdings | PairCorr |
| 0.81 | BSN | Danone SA | PairCorr |
| 0.63 | MRG | Outcrop Silver Gold | PairCorr |
| 0.71 | HUKI | HUHTAMAKI | PairCorr |
| 0.94 | 3RE | Rejlerkoncernen AB | PairCorr |
| 0.75 | ROM | Rohm Co | PairCorr |
| 0.85 | 5TP | BLUE LABEL | PairCorr |
| 0.74 | JYS1 | JYSKE BANK | PairCorr |
| 0.77 | KEI | KEISEI EL RAILWAY Split | PairCorr |
| 0.86 | DBPE | Xtrackers LevDAX | PairCorr |
| 0.82 | E908 | Lyxor 1 | PairCorr |
Moving against Food Stock
| 0.88 | GD6 | Ramsay Gnrale de | PairCorr |
| 0.85 | DBPD | Xtrackers ShortDAX | PairCorr |
| 0.65 | C9F | Chipotle Mexican Grill | PairCorr |
| 0.61 | GIB | GSW Immobilien AG | PairCorr |
| 0.4 | T9V | TASTY PLC LS | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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 Food Stock performing well and Food Life 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 Food Life'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| LPK | 1.72 | (0.02) | 0.00 | (0.13) | 0.00 | 2.88 | 18.64 | |||
| SGM | 2.18 | (0.15) | 0.00 | (1.02) | 0.00 | 4.86 | 18.15 | |||
| 20V | 1.12 | (0.30) | 0.00 | (13.78) | 0.00 | 2.01 | 7.97 | |||
| CFC | 2.43 | 0.04 | 0.03 | (0.15) | 2.81 | 4.49 | 35.80 | |||
| BBEA | 1.53 | (0.51) | 0.00 | (1.83) | 0.00 | 2.47 | 7.94 | |||
| MOB | 1.18 | 0.07 | 0.11 | (0.46) | 1.19 | 3.35 | 5.94 | |||
| UMCB | 1.43 | (0.03) | 0.04 | (0.01) | 1.65 | 2.75 | 10.84 | |||
| NEN | 2.43 | 0.26 | 0.12 | 0.72 | 2.26 | 7.31 | 19.36 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Food Life without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Food Life Corporate Management
Elected by the shareholders, the Food Life's board of directors comprises two types of representatives: Food Life inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Food. The board's role is to monitor Food Life's management team and ensure that shareholders' interests are well served. Food Life's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Food Life's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Yoshihito Kinoshita | Exec Sourcing | Profile | |
| Tomoko Fukuyama | Legal, Communication | Profile | |
| Hiroshi Ogawa | Executive Officer | Profile | |
| Hiromitsu Kato | Exec Devel | Profile | |
| Takaharu Matsuo | Corp Affairs | Profile |