Bloomin Brands Correlations

BLMN Stock

USD 7.78 0.31 3.83%

The current 90-days correlation between Bloomin Brands and Dine Brands Global is 0.66 (i.e., Poor diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bloomin Brands moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bloomin Brands moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Bloomin Brands Correlation With Market

Modest diversification

The correlation between Bloomin Brands and DJI is 0.28 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Bloomin Brands 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 Bloomin Brands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

To learn how to invest in Bloomin Stock, please use our How to Invest in Bloomin Brands guide.

Moving together with Bloomin Stock

0.81	FUN	Six Flags Entertainment	Pair Corr
0.75	XPOF	Xponential Fitness	Pair Corr
0.9	PLAY	Dave Busters Enterta	Pair Corr
0.78	HD	Home Depot	Pair Corr
0.82	FNKO	Funko Inc	Pair Corr
0.68	FORD	Forward Industries	Pair Corr
0.91	CRI	Carters	Pair Corr
0.63	DHI	DR Horton	Pair Corr
0.96	KTB	Kontoor Brands	Pair Corr
0.65	NVR	NVR Inc	Pair Corr
0.64	WHR	Whirlpool	Pair Corr
0.84	WWW	Wolverine World Wide	Pair Corr
0.76	JOUT	Johnson Outdoors	Pair Corr
0.62	PRPL	Purple Innovation	Pair Corr
0.77	ARMK	Aramark Holdings	Pair Corr
0.76	COOK	Traeger	Pair Corr

Moving against Bloomin Stock

0.6	MCD	McDonalds	Pair Corr
0.44	HAS	Hasbro Inc	Pair Corr
0.39	MAT	Mattel Inc	Pair Corr
0.35	LTH	Life Time Group	Pair Corr
0.77	TCTZF	Tencent Holdings	Pair Corr
0.72	RBKB	Rhinebeck Bancorp	Pair Corr
0.7	GORO	Gold Resource	Pair Corr
0.63	INVX	Innovex International, Symbol Change	Pair Corr
0.6	DNCVF	Defiance Silver Corp	Pair Corr
0.56	TTWO	Take Two Interactive	Pair Corr
0.54	AXSM	Axsome Therapeutics	Pair Corr
0.53	FWEDF	Fireweed Zinc	Pair Corr
0.53	NVRO	Nevro Corp	Pair Corr
0.53	CDR-PB	Cedar Realty Trust	Pair Corr
0.51	CBYDF	Corby Spirit	Pair Corr

Related Correlations Analysis

	DIN	BJRI	RUTH	CAKE	EAT	CHUY	DENN	JACK	FRGI
DIN		0.25	0.0	0.13	0.01	0.0	0.79	0.72	0.0	DIN
BJRI	0.25		0.0	0.71	0.42	0.0	0.42	0.49	0.0	BJRI
RUTH	0.0	0.0		0.0	0.0	0.0	0.0	0.0	0.0	RUTH
CAKE	0.13	0.71	0.0		0.84	0.0	0.37	0.3	0.0	CAKE
EAT	0.01	0.42	0.0	0.84		0.0	0.25	0.06	0.0	EAT
CHUY	0.0	0.0	0.0	0.0	0.0		0.0	0.0	0.0	CHUY
DENN	0.79	0.42	0.0	0.37	0.25	0.0		0.79	0.0	DENN
JACK	0.72	0.49	0.0	0.3	0.06	0.0	0.79		0.0	JACK
FRGI	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0		FRGI
	DIN	BJRI	RUTH	CAKE	EAT	CHUY	DENN	JACK	FRGI

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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

EAT	+ 0.84	CAKE
DENN	+ 0.79	DIN
JACK	+ 0.79	DENN
JACK	+ 0.72	DIN
CAKE	+ 0.71	BJRI
JACK	+ 0.49	BJRI

High negative correlations

FRGI	- 0.0	JACK
FRGI	- 0.0	DENN
FRGI	- 0.0	CHUY
JACK	- 0.0	CHUY
DENN	- 0.0	CHUY
FRGI	- 0.0	EAT

Risk-Adjusted Indicators

There is a big difference between Bloomin Stock performing well and Bloomin Brands 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 Bloomin Brands' 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
DIN	2.16	(0.17)	0.00	(0.22)	0.00	0.00	3.73	(4.40)	16.16
BJRI	1.63	(0.01)	0.00	(0.09)	0.00	0.00	3.35	(3.91)	13.32
RUTH	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
CAKE	1.84	0.07	0.00	(0.01)	0.00	0.00	3.12	(4.35)	12.10
EAT	2.77	0.38	0.10	0.16	3.28	(3.03)	5.96	(5.64)	24.04
CHUY	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
DENN	2.83	(0.50)	0.00	(0.60)	0.00	0.00	5.40	(8.45)	30.15
JACK	2.60	(0.52)	0.00	(0.75)	0.00	0.00	4.58	(6.81)	21.64
FRGI	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

Bloomin Brands Corporate Management

Tara Kurian	Vice Relations	Profile
Kelly Lefferts	Chief Legal Officer	Profile
Kelia Bazile	Senior Grill	Profile
Cathie Koch	VP Communications	Profile
Philip Pace	Senior Officer	Profile

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