Original Bark Correlations

BARK Stock

USD 1.34 0.04 2.90%

The current 90-days correlation between Original Bark and Big 5 Sporting is 0.18 (i.e., Average diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Original Bark moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Original Bark Co moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Original Bark Correlation With Market

Modest diversification

The correlation between Original Bark Co and DJI is 0.22 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Original Bark Co 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 Original Bark Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Moving together with Original Stock

0.8	FL	Foot Locker	Pair Corr
0.73	HD	Home Depot	Pair Corr
0.75	RH	RH	Pair Corr
0.86	WOOF	Pet Acquisition LLC	Pair Corr
0.84	AEO	American Eagle Outfitters	Pair Corr
0.76	ANF	Abercrombie Fitch	Pair Corr
0.83	CWH	Camping World Holdings	Pair Corr
0.81	GCT	GigaCloud Technology	Pair Corr
0.78	HZO	MarineMax	Pair Corr
0.61	KMX	CarMax Inc	Pair Corr
0.84	ODP	ODP Corp Downward Rally	Pair Corr
0.79	SBH	Sally Beauty Holdings	Pair Corr
0.85	LESL	Leslies	Pair Corr
0.8	MNRO	Monro Muffler Brake	Pair Corr
0.88	PLCE	Childrens Place Upward Rally	Pair Corr
0.78	SPWH	Sportsmans	Pair Corr
0.74	BNED	Barnes Noble Education	Pair Corr
0.73	BURL	Burlington Stores	Pair Corr
0.66	UCAR	U Power Limited	Pair Corr
0.71	ULTA	Ulta Beauty Buyout Trend	Pair Corr

Moving against Original Stock

0.61	AZO	AutoZone	Pair Corr
0.32	EYE	National Vision Holdings	Pair Corr
0.49	ORLY	OReilly Automotive	Pair Corr
0.71	LI	Li Auto	Pair Corr
0.6	AGS	PlayAGS	Pair Corr
0.56	EVRI	Everi Holdings Sell-off Trend	Pair Corr
0.54	EM	Smart Share Global	Pair Corr
0.43	ADT	ADT Inc	Pair Corr
0.33	DAN	Dana Inc	Pair Corr

Related Correlations Analysis

	ULTA	RH	DKS	AZO	BBY	AAP	TSCO	ORLY	WSM	BGFV
ULTA		0.8	0.44	-0.8	0.37	0.62	-0.09	-0.75	0.16	0.88	ULTA
RH	0.8		0.74	-0.77	0.6	0.81	0.1	-0.55	0.62	0.84	RH
DKS	0.44	0.74		-0.32	0.62	0.73	0.3	-0.09	0.87	0.46	DKS
AZO	-0.8	-0.77	-0.32		-0.39	-0.54	0.2	0.87	-0.1	-0.84	AZO
BBY	0.37	0.6	0.62	-0.39		0.5	0.41	-0.06	0.57	0.48	BBY
AAP	0.62	0.81	0.73	-0.54	0.5		0.1	-0.37	0.66	0.7	AAP
TSCO	-0.09	0.1	0.3	0.2	0.41	0.1		0.31	0.47	-0.03	TSCO
ORLY	-0.75	-0.55	-0.09	0.87	-0.06	-0.37	0.31		0.15	-0.76	ORLY
WSM	0.16	0.62	0.87	-0.1	0.57	0.66	0.47	0.15		0.27	WSM
BGFV	0.88	0.84	0.46	-0.84	0.48	0.7	-0.03	-0.76	0.27		BGFV
	ULTA	RH	DKS	AZO	BBY	AAP	TSCO	ORLY	WSM	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

BGFV	+ 0.88	ULTA
WSM	+ 0.87	DKS
ORLY	+ 0.87	AZO
BGFV	+ 0.84	RH
AAP	+ 0.81	RH
RH	+ 0.8	ULTA

High negative correlations

BGFV	- 0.84	AZO
AZO	- 0.8	ULTA
AZO	- 0.77	RH
BGFV	- 0.76	ORLY
ORLY	- 0.75	ULTA
ORLY	- 0.55	RH

Risk-Adjusted Indicators

There is a big difference between Original Stock performing well and Original Bark 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 Original Bark'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
ULTA	1.61	(0.13)	0.00	(0.22)	0.00	0.00	2.50	(3.94)	11.09
RH	3.06	(0.50)	0.00	(0.37)	0.00	0.00	3.89	(7.06)	28.01
DKS	1.73	0.00	0.00	(0.11)	0.00	0.00	3.40	(4.42)	10.08
AZO	0.92	0.15	0.18	0.26	1.07	(1.03)	2.08	(1.72)	5.90
BBY	1.60	(0.15)	0.00	(0.23)	0.00	0.00	2.90	(3.22)	17.05
AAP	2.30	(0.19)	0.00	(1.00)	0.00	0.00	4.52	(4.04)	25.00
TSCO	1.31	(0.05)	0.00	(0.19)	0.00	0.00	2.79	(3.61)	11.76
ORLY	0.99	0.14	0.17	0.14	0.96	(1.04)	2.09	(1.67)	4.08
WSM	1.87	(0.03)	0.00	(0.14)	0.00	0.00	3.28	(5.56)	10.71
BGFV	3.17	(0.73)	0.00	0.62	0.00	0.00	5.32	(4.97)	52.38

Original Bark Corporate Management

Matthew Miller	General Counsel	Profile
CPA Yeaton	Interim Officer	Profile
Mikkel Holm	Chief Creative Officer	Profile
Meghan Knoll	Chief Officer	Profile
Joanna Coles	Independent Director	Profile
James McGinty	Independent Director	Profile
Rustin Richburg	Chief People Officer	Profile

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