Dutch Bros Correlations

Stocks . USA . 
Stock . Dutch Bros
BROS Stock  USD 75.40  2.26  3.09%   
The current 90-days correlation between Dutch Bros and CAVA Group, is 0.35 (i.e., Weak diversification). The correlation of Dutch Bros 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. If the correlation is 0, the equities are not correlated; they are entirely random.

Dutch Bros Correlation With Market

Modest diversification

The correlation between Dutch Bros and DJI is 0.2 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Dutch Bros 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 Dutch Bros. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For more information on how to buy Dutch Stock please use our How to Invest in Dutch Bros guide.

Moving together with Dutch Stock

  0.87LTH Life Time GroupPairCorr
  0.78MAT Mattel IncPairCorr
  0.78JAKK JAKKS PacificPairCorr
  0.81KO Coca Cola Aggressive PushPairCorr

Moving against Dutch Stock

  0.8SDA SunCar TechnologyPairCorr
  0.76JOUT Johnson OutdoorsPairCorr
  0.71PPERF Bank Mandiri PerseroPairCorr
  0.71PPERY Bank Mandiri PerseroPairCorr
  0.66GOLF Acushnet Holdings CorpPairCorr
  0.66SDHC Smith Douglas HomesPairCorr
  0.61TLKMF Telkom Indonesia TbkPairCorr
  0.6MODG Callaway GolfPairCorr
  0.58F Ford Motor Aggressive PushPairCorr
  0.58UPBD Upbound GroupPairCorr
  0.52YETI YETI HoldingsPairCorr
  0.47DBI Designer Brands Downward RallyPairCorr
  0.44TSLA Tesla IncPairCorr
  0.43FUN Six Flags EntertainmentPairCorr
  0.86MRK Merck Company Aggressive PushPairCorr
  0.75PBCRY Bank Central AsiaPairCorr
  0.67PTAIY Astra International TbkPairCorr
  0.64PBCRF PT Bank CentralPairCorr
  0.56CAT CaterpillarPairCorr
  0.53TLK Telkom Indonesia TbkPairCorr

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   
WING
+ 0.84
CAVA
DKNG
+ 0.74
SBUX
DKNG
+ 0.31
CAVA
WING
+ 0.31
YUMC
CAVA
+ 0.28
SBUX
DKNG
+ 0.27
YUMC
  
High negative correlations   
WING
- 0.04
SBUX

Risk-Adjusted Indicators

There is a big difference between Dutch Stock performing well and Dutch Bros 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 Dutch Bros' 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.

Dutch Bros Corporate Management

Venki KrishnababuChief OfficerProfile
Charley JemleyChief OfficerProfile
Leigh GowerChief OfficerProfile
Christine SchmidtChief OfficerProfile
Joshua GuenserChief OfficerProfile
Jonathan RicciPres CEOProfile
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