Arko Corp Correlations

ARKO Stock

USD 7.26 0.11 1.54%

The current 90-days correlation between Arko Corp and Murphy USA is 0.11 (i.e., Average diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Arko Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Arko Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Arko Corp Correlation With Market

Modest diversification

The correlation between Arko Corp and DJI is 0.26 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Arko Corp 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 Arko Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.

To learn how to invest in Arko Stock, please use our How to Invest in Arko Corp guide.

Moving together with Arko Stock

0.69	BBY	Best Buy Earnings Call Today	Pair Corr
0.78	EYE	National Vision Holdings Upward Rally	Pair Corr

Moving against Arko Stock

0.39	DXLG	Destination XL Group	Pair Corr
0.48	ANF	Abercrombie Fitch Earnings Call This Week	Pair Corr
0.37	BGI	Birks Group	Pair Corr
0.32	ASO	Academy Sports Outdoors	Pair Corr
0.49	JFBR	Jeffs Brands	Pair Corr
0.48	GME	GameStop Corp	Pair Corr
0.38	HOUR	Hour Loop	Pair Corr
0.33	LVLU	Lulus Fashion Lounge	Pair Corr
0.33	MOGU	MOGU Inc	Pair Corr

Related Correlations Analysis

	MUSA	EYE	ODP	GPC	ORLY	SBH	WOOF	LESL	BGFV
MUSA		0.18	0.79	0.37	-0.27	0.86	0.76	0.69	0.49	MUSA
EYE	0.18		-0.05	0.68	0.63	0.07	-0.2	-0.12	-0.41	EYE
ODP	0.79	-0.05		0.25	-0.48	0.88	0.84	0.82	0.58	ODP
GPC	0.37	0.68	0.25		0.27	0.4	0.25	0.2	-0.17	GPC
ORLY	-0.27	0.63	-0.48	0.27		-0.42	-0.54	-0.56	-0.69	ORLY
SBH	0.86	0.07	0.88	0.4	-0.42		0.84	0.78	0.5	SBH
WOOF	0.76	-0.2	0.84	0.25	-0.54	0.84		0.69	0.66	WOOF
LESL	0.69	-0.12	0.82	0.2	-0.56	0.78	0.69		0.56	LESL
BGFV	0.49	-0.41	0.58	-0.17	-0.69	0.5	0.66	0.56		BGFV
	MUSA	EYE	ODP	GPC	ORLY	SBH	WOOF	LESL	BGFV

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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

SBH	+ 0.88	ODP
SBH	+ 0.86	MUSA
WOOF	+ 0.84	ODP
WOOF	+ 0.84	SBH
LESL	+ 0.82	ODP
ODP	+ 0.79	MUSA

High negative correlations

BGFV	- 0.69	ORLY
LESL	- 0.56	ORLY
WOOF	- 0.54	ORLY
ORLY	- 0.48	ODP
SBH	- 0.42	ORLY
BGFV	- 0.41	EYE

Risk-Adjusted Indicators

There is a big difference between Arko Stock performing well and Arko Corp 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 Arko Corp'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
MUSA	1.17	(0.22)	0.00	(1.05)	0.00	0.00	2.03	(3.19)	6.53
EYE	1.91	0.01	0.00	0.02	2.33	(2.06)	4.52	(4.45)	11.43
ODP	2.21	(0.43)	0.00	(0.49)	0.00	0.00	5.25	(5.10)	14.90
GPC	1.02	0.00	(0.01)	0.00	1.24	(1.09)	2.03	(2.35)	6.34
ORLY	0.87	0.15	0.15	0.26	0.78	(0.94)	1.88	(1.46)	4.02
SBH	1.92	(0.54)	0.00	(13.35)	0.00	0.00	4.00	(5.17)	16.38
WOOF	3.35	(0.36)	0.00	(0.41)	0.00	0.00	7.68	(6.76)	25.95
LESL	4.21	(1.11)	0.00	(0.53)	0.00	0.00	8.70	(7.26)	41.35
BGFV	3.05	(0.23)	0.00	0.13	0.00	0.00	4.82	(5.03)	52.38

Arko Corp Corporate Management

Donald Bassell	Executive Officer	Profile
Eyal Nuchamovitz	Executive MA	Profile
Maury Bricks	General Secretary	Profile
Sharon Silber	Chief Officer	Profile
Michael Bloom	Executive CMO	Profile
Eyal Nochomowitz	Ex VP	Profile

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