Alico Correlations

ALCO Stock

USD 26.80 0.14 0.53%

The current 90-days correlation between Alico Inc and SW Seed Company is 0.19 (i.e., Average diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Alico moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alico Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Alico Correlation With Market

Very weak diversification

The correlation between Alico Inc and DJI is 0.49 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Alico Inc 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 Alico Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Moving together with Alico Stock

0.76	BG	Bunge Limited	Pair Corr
0.74	ADM	Archer Daniels Midland	Pair Corr
0.66	GIS	General Mills	Pair Corr
0.77	LND	Brasilagro Adr	Pair Corr
0.74	SNAX	Stryve Foods	Pair Corr
0.72	CL	Colgate Palmolive Sell-off Trend	Pair Corr
0.72	GV	Visionary Education	Pair Corr
0.7	KO	Coca Cola Aggressive Push	Pair Corr
0.67	UL	Unilever PLC ADR	Pair Corr
0.64	DLTR	Dollar Tree Earnings Call This Week	Pair Corr

Moving against Alico Stock

0.77	LW	Lamb Weston Holdings	Pair Corr
0.76	CALM	Cal Maine Foods	Pair Corr
0.69	LSF	Laird Superfood	Pair Corr
0.54	JZ	Jianzhi Education	Pair Corr
0.51	BJ	BJs Wholesale Club	Pair Corr
0.45	KR	Kroger Company Earnings Call This Week	Pair Corr
0.4	FDP	Fresh Del Monte	Pair Corr
0.39	K	Kellanova	Pair Corr
0.6	VINE	Fresh Grapes LLC	Pair Corr
0.59	FAMI	Farmmi Inc	Pair Corr
0.57	WTER	Alkaline Water	Pair Corr
0.53	PM	Philip Morris Intern	Pair Corr
0.47	BRCNF	Burcon NutraScience Corp	Pair Corr
0.43	WILC	G Willi Food	Pair Corr
0.37	EEIQ	Elite Education Group	Pair Corr
0.33	VSTA	Vasta Platform	Pair Corr

Related Correlations Analysis

	FDP	SANW	AGRO	LND	LMNR	DOLE	CALM	BG	AFRIW	ASAGF
FDP		-0.01	-0.02	-0.6	0.45	-0.37	0.64	-0.67	-0.18	-0.47	FDP
SANW	-0.01		-0.46	0.24	-0.03	-0.15	-0.19	0.43	-0.01	-0.43	SANW
AGRO	-0.02	-0.46		0.02	0.14	0.36	-0.01	-0.34	-0.11	0.09	AGRO
LND	-0.6	0.24	0.02		-0.47	0.41	-0.89	0.76	0.15	0.1	LND
LMNR	0.45	-0.03	0.14	-0.47		0.19	0.66	-0.39	-0.05	0.03	LMNR
DOLE	-0.37	-0.15	0.36	0.41	0.19		-0.39	0.24	0.03	0.28	DOLE
CALM	0.64	-0.19	-0.01	-0.89	0.66	-0.39		-0.73	-0.09	-0.06	CALM
BG	-0.67	0.43	-0.34	0.76	-0.39	0.24	-0.73		0.12	0.09	BG
AFRIW	-0.18	-0.01	-0.11	0.15	-0.05	0.03	-0.09	0.12		0.21	AFRIW
ASAGF	-0.47	-0.43	0.09	0.1	0.03	0.28	-0.06	0.09	0.21		ASAGF
	FDP	SANW	AGRO	LND	LMNR	DOLE	CALM	BG	AFRIW	ASAGF

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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

BG	+ 0.76	LND
CALM	+ 0.66	LMNR
CALM	+ 0.64	FDP
LMNR	+ 0.45	FDP
BG	+ 0.43	SANW
DOLE	+ 0.41	LND

High negative correlations

CALM	- 0.89	LND
BG	- 0.73	CALM
BG	- 0.67	FDP
LND	- 0.6	FDP
LMNR	- 0.47	LND
ASAGF	- 0.47	FDP

Risk-Adjusted Indicators

There is a big difference between Alico Stock performing well and Alico 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 Alico'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
FDP	1.09	0.24	0.11	3.86	0.94	(1.35)	2.30	(1.99)	12.38
SANW	7.58	0.65	0.11	0.42	7.14	(10.53)	26.35	(12.31)	72.44
AGRO	1.22	0.03	(0.06)	0.79	1.54	(1.31)	1.97	(2.68)	8.94
LND	1.14	(0.21)	0.00	(0.56)	0.00	0.00	2.16	(2.42)	6.34
LMNR	1.55	(0.04)	0.04	0.11	1.67	(1.74)	3.82	(3.01)	10.68
DOLE	1.29	(0.19)	0.00	(0.10)	0.00	0.00	2.45	(2.60)	15.22
CALM	1.22	0.43	0.25	0.94	0.84	(1.35)	3.33	(1.86)	9.06
BG	1.16	(0.23)	0.00	(0.31)	0.00	0.00	1.67	(2.26)	9.04
AFRIW	4.16	(0.36)	0.00	(0.10)	0.00	0.00	10.71	(12.50)	32.86
ASAGF	0.75	0.02	(0.04)	(0.11)	1.16	(4.94)	2.25	(2.97)	15.63

Alico Corporate Management

Perry Vecchio	Chief Officer	Profile
Chris Ward	VP Devel	Profile
Richard Strickland	Chief Executive	Profile
Richard CPA	Consultant	Profile

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