Archer Daniels Correlations

ADM Stock

USD 54.37 0.65 1.21%

The current 90-days correlation between Archer Daniels Midland and Tyson Foods is 0.15 (i.e., Average diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Archer Daniels moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Archer Daniels Midland moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Archer Daniels Correlation With Market

Modest diversification

The correlation between Archer Daniels Midland and DJI is 0.27 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Archer Daniels Midland and DJI in the same portfolio, assuming nothing else is changed.

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Archer Daniels Midland. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

Moving together with Archer Stock

0.73	BUD	Anheuser Busch Inbev	Pair Corr
0.86	CAG	ConAgra Foods Sell-off Trend	Pair Corr
0.79	FMX	Fomento Economico	Pair Corr
0.8	KHC	Kraft Heinz Sell-off Trend	Pair Corr
0.65	STZ	Constellation Brands	Pair Corr
0.87	THS	Treehouse Foods	Pair Corr
0.81	JBSS	John B Sanfilippo	Pair Corr
0.79	OTLY	Oatly Group AB	Pair Corr
0.72	ABEV	Ambev SA ADR	Pair Corr
0.64	BYND	Beyond Meat	Pair Corr
0.88	BG	Bunge Limited	Pair Corr
0.9	CL	Colgate Palmolive Fiscal Year End 24th of January 2025	Pair Corr
0.82	EL	Estee Lauder Companies	Pair Corr
0.93	KO	Coca Cola Sell-off Trend	Pair Corr
0.83	UG	United Guardian	Pair Corr

Moving against Archer Stock

0.87	SAM	Boston Beer	Pair Corr
0.75	BJ	BJs Wholesale Club	Pair Corr
0.72	TAP	Molson Coors Brewing Sell-off Trend	Pair Corr
0.7	SENEA	Seneca Foods Corp	Pair Corr
0.69	LANC	Lancaster Colony	Pair Corr
0.59	K	Kellanova	Pair Corr
0.58	DAR	Darling Ingredients	Pair Corr
0.4	LWAY	Lifeway Foods	Pair Corr
0.32	PAVS	Paranovus Entertainment	Pair Corr
0.92	LW	Lamb Weston Holdings Sell-off Trend	Pair Corr
0.8	KR	Kroger Company Earnings Call Today	Pair Corr
0.63	PM	Philip Morris Intern	Pair Corr
0.63	EEIQ	Elite Education Group	Pair Corr
0.59	BRCNF	Burcon NutraScience Corp	Pair Corr
0.59	WILC	G Willi Food	Pair Corr
0.58	MO	Altria Group	Pair Corr
0.56	JZ	Jianzhi Education	Pair Corr
0.47	FAMI	Farmmi Inc	Pair Corr
0.38	VINE	Fresh Grapes LLC	Pair Corr

Related Correlations Analysis

	AGRO	CALM	TSN	FDP	BG	DOLE	LMNR	ALCO	LND
AGRO		0.14	-0.35	0.1	-0.44	0.29	0.31	-0.23	-0.16	AGRO
CALM	0.14		-0.29	0.62	-0.74	-0.33	0.67	-0.79	-0.89	CALM
TSN	-0.35	-0.29		0.21	0.3	-0.44	-0.45	0.36	0.25	TSN
FDP	0.1	0.62	0.21		-0.67	-0.3	0.43	-0.42	-0.57	FDP
BG	-0.44	-0.74	0.3	-0.67		0.2	-0.43	0.77	0.78	BG
DOLE	0.29	-0.33	-0.44	-0.3	0.2		0.26	0.43	0.33	DOLE
LMNR	0.31	0.67	-0.45	0.43	-0.43	0.26		-0.28	-0.49	LMNR
ALCO	-0.23	-0.79	0.36	-0.42	0.77	0.43	-0.28		0.81	ALCO
LND	-0.16	-0.89	0.25	-0.57	0.78	0.33	-0.49	0.81		LND
	AGRO	CALM	TSN	FDP	BG	DOLE	LMNR	ALCO	LND

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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

LND	+ 0.81	ALCO
LND	+ 0.78	BG
ALCO	+ 0.77	BG
LMNR	+ 0.67	CALM
FDP	+ 0.62	CALM
LMNR	+ 0.43	FDP

High negative correlations

LND	- 0.89	CALM
ALCO	- 0.79	CALM
BG	- 0.74	CALM
BG	- 0.67	FDP
LND	- 0.57	FDP
LND	- 0.49	LMNR

Risk-Adjusted Indicators

There is a big difference between Archer Stock performing well and Archer Daniels 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 Archer Daniels' 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
AGRO	1.20	0.06	(0.03)	4.51	1.51	(1.32)	1.97	(2.68)	8.94
CALM	1.24	0.42	0.25	0.90	0.83	(1.36)	3.33	(1.86)	9.06
TSN	0.97	(0.01)	(0.07)	0.05	1.49	(0.95)	1.73	(2.48)	9.06
FDP	1.09	0.25	0.13	3.41	0.95	(1.33)	2.30	(1.99)	12.38
BG	1.14	(0.22)	0.00	(0.32)	0.00	0.00	1.67	(2.26)	9.04
DOLE	1.29	(0.14)	0.00	(0.05)	0.00	0.00	2.45	(2.60)	15.22
LMNR	1.59	0.02	0.07	0.13	1.65	(1.83)	3.82	(3.01)	10.68
ALCO	1.55	(0.25)	0.00	(0.05)	0.00	0.00	4.76	(3.23)	13.25
LND	1.12	(0.16)	0.00	(0.41)	0.00	0.00	2.16	(2.15)	6.34

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