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

  0.8FL Foot LockerPairCorr
  0.73HD Home DepotPairCorr
  0.75RH RHPairCorr
  0.86WOOF Pet Acquisition LLCPairCorr
  0.84AEO American Eagle OutfittersPairCorr
  0.76ANF Abercrombie FitchPairCorr
  0.83CWH Camping World HoldingsPairCorr
  0.81GCT GigaCloud TechnologyPairCorr
  0.78HZO MarineMaxPairCorr
  0.61KMX CarMax IncPairCorr
  0.84ODP ODP Corp Downward RallyPairCorr
  0.79SBH Sally Beauty HoldingsPairCorr
  0.85LESL LesliesPairCorr
  0.8MNRO Monro Muffler BrakePairCorr
  0.88PLCE Childrens Place Upward RallyPairCorr
  0.78SPWH SportsmansPairCorr
  0.74BNED Barnes Noble EducationPairCorr
  0.73BURL Burlington StoresPairCorr
  0.66UCAR U Power LimitedPairCorr
  0.71ULTA Ulta Beauty Buyout TrendPairCorr

Moving against Original Stock

  0.61AZO AutoZonePairCorr
  0.32EYE National Vision HoldingsPairCorr
  0.49ORLY OReilly AutomotivePairCorr
  0.71LI Li AutoPairCorr
  0.6AGS PlayAGSPairCorr
  0.56EVRI Everi Holdings Sell-off TrendPairCorr
  0.54EM Smart Share GlobalPairCorr
  0.43ADT ADT IncPairCorr
  0.33DAN Dana IncPairCorr

Related Correlations Analysis

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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   
BGFVULTA
WSMDKS
ORLYAZO
BGFVRH
AAPRH
RHULTA
  
High negative correlations   
BGFVAZO
AZOULTA
AZORH
BGFVORLY
ORLYULTA
ORLYRH

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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
ULTA  1.61 (0.13) 0.00 (0.22) 0.00 
 2.50 
 11.09 
RH  3.06 (0.50) 0.00 (0.37) 0.00 
 3.89 
 28.01 
DKS  1.73  0.00  0.00 (0.11) 0.00 
 3.40 
 10.08 
AZO  0.92  0.15  0.18  0.26  1.07 
 2.08 
 5.90 
BBY  1.60 (0.15) 0.00 (0.23) 0.00 
 2.90 
 17.05 
AAP  2.30 (0.19) 0.00 (1.00) 0.00 
 4.52 
 25.00 
TSCO  1.31 (0.05) 0.00 (0.19) 0.00 
 2.79 
 11.76 
ORLY  0.99  0.14  0.17  0.14  0.96 
 2.09 
 4.08 
WSM  1.87 (0.03) 0.00 (0.14) 0.00 
 3.28 
 10.71 
BGFV  3.17 (0.73) 0.00  0.62  0.00 
 5.32 
 52.38 

Original Bark Corporate Management

Matthew MillerGeneral CounselProfile
CPA YeatonInterim OfficerProfile
Mikkel HolmChief Creative OfficerProfile
Meghan KnollChief OfficerProfile
Joanna ColesIndependent DirectorProfile
James McGintyIndependent DirectorProfile
Rustin RichburgChief People OfficerProfile