Abercrombie Fitch Correlations

ANF Stock

USD 100.93 1.22 1.19%

The correlation of Abercrombie Fitch 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.

Abercrombie Fitch Correlation With Market

Good diversification

The correlation between Abercrombie Fitch and DJI is -0.12 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Abercrombie Fitch 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 Abercrombie Fitch. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

For more detail on how to invest in Abercrombie Stock please use our How to Invest in Abercrombie Fitch guide.

Moving together with Abercrombie Stock

0.75	CAL	Continental	Pair Corr
0.72	GM	General Motors	Pair Corr
0.75	DOGZ	Dogness International Earnings Call Tomorrow	Pair Corr
0.66	DOOO	BRP Inc	Pair Corr
0.64	AXL	American Axle Manufa	Pair Corr
0.7	CMG	Chipotle Mexican Grill	Pair Corr
0.71	FUN	Six Flags Entertainment	Pair Corr
0.73	MOD	Modine Manufacturing	Pair Corr
0.69	SDA	SunCar Technology	Pair Corr

Moving against Abercrombie Stock

0.67	DRI	Darden Restaurants	Pair Corr
0.57	IH	Ihuman Inc	Pair Corr
0.45	FLWS	1 800 FLOWERSCOM	Pair Corr
0.44	FNKO	Funko Inc Earnings Call Next Week	Pair Corr
0.44	DPZ	Dominos Pizza Common	Pair Corr
0.43	EYE	National Vision Holdings	Pair Corr
0.41	ESCA	Escalade Incorporated	Pair Corr
0.31	CPNG	Coupang LLC	Pair Corr
0.93	LTH	Life Time Group	Pair Corr
0.75	XPOF	Xponential Fitness Earnings Call Tomorrow	Pair Corr
0.74	JAKK	JAKKS Pacific Earnings Call Tomorrow	Pair Corr
0.67	MAT	Mattel Inc	Pair Corr
0.64	OSW	OneSpaWorld Holdings Earnings Call Tomorrow	Pair Corr
0.64	PLYA	Playa Hotels Resorts	Pair Corr
0.61	AFYA	Afya	Pair Corr
0.58	RCKY	Rocky Brands Earnings Call Tomorrow	Pair Corr
0.46	YUM	Yum Brands	Pair Corr
0.39	MCD	McDonalds	Pair Corr
0.35	PLNT	Planet Fitness	Pair Corr

Related Correlations Analysis

	GPS	URBN	FL	PLCE	AEO	LULU	BURL	HIBB	EXPR
GPS		0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	GPS
URBN	0.0		-0.5	-0.63	-0.41	0.49	-0.11	0.0	0.0	URBN
FL	0.0	-0.5		0.77	0.8	-0.58	0.61	0.0	0.0	FL
PLCE	0.0	-0.63	0.77		0.69	-0.71	0.34	0.0	0.0	PLCE
AEO	0.0	-0.41	0.8	0.69		-0.39	0.75	0.0	0.0	AEO
LULU	0.0	0.49	-0.58	-0.71	-0.39		0.07	0.0	0.0	LULU
BURL	0.0	-0.11	0.61	0.34	0.75	0.07		0.0	0.0	BURL
HIBB	0.0	0.0	0.0	0.0	0.0	0.0	0.0		0.0	HIBB
EXPR	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0		EXPR
	GPS	URBN	FL	PLCE	AEO	LULU	BURL	HIBB	EXPR

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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

AEO	+ 0.8	FL
PLCE	+ 0.77	FL
BURL	+ 0.75	AEO
AEO	+ 0.69	PLCE
BURL	+ 0.61	FL
LULU	+ 0.49	URBN

High negative correlations

LULU	- 0.71	PLCE
PLCE	- 0.63	URBN
LULU	- 0.58	FL
FL	- 0.5	URBN
AEO	- 0.41	URBN
LULU	- 0.39	AEO

Risk-Adjusted Indicators

There is a big difference between Abercrombie Stock performing well and Abercrombie Fitch 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 Abercrombie Fitch'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
GPS	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
URBN	2.06	0.20	0.08	0.93	2.20	(2.22)	4.35	(3.60)	15.80
FL	2.06	(0.34)	0.00	(0.37)	0.00	0.00	3.92	(3.86)	15.08
PLCE	3.52	(0.62)	0.00	(1.19)	0.00	0.00	5.96	(12.03)	34.43
AEO	2.11	(0.39)	0.00	(0.46)	0.00	0.00	3.61	(4.31)	20.40
LULU	1.66	0.28	0.13	1.35	1.96	(1.76)	3.14	(3.11)	22.07
BURL	1.31	(0.21)	0.00	(0.45)	0.00	0.00	2.08	(3.05)	8.50
HIBB	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EXPR	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

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