Dutch Bros Correlations
| BROS Stock | USD 66.29 3.28 5.21% |
The current 90-days correlation between Dutch Bros and CAVA Group, is 0.42 (i.e., Very 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
Weak diversification
The correlation between Dutch Bros and DJI is 0.33 (i.e., Weak 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.
Dutch |
Moving together with Dutch Stock
| 0.69 | EM | Smart Share Global | PairCorr |
| 0.8 | DKNG | DraftKings | PairCorr |
| 0.91 | EVRI | Everi Holdings | PairCorr |
| 0.78 | AGS | PlayAGS | PairCorr |
| 0.73 | DPZ | Dominos Pizza Common | PairCorr |
| 0.68 | DRI | Darden Restaurants | PairCorr |
| 0.7 | FAT | FAT Brands | PairCorr |
| 0.78 | GHG | GreenTree Hospitality Earnings Call This Week | PairCorr |
Moving against Dutch Stock
| 0.73 | SG | Sweetgreen | PairCorr |
| 0.67 | WW | WW International | PairCorr |
| 0.59 | DIN | Dine Brands Global | PairCorr |
| 0.55 | CMG | Chipotle Mexican Grill | PairCorr |
| 0.4 | EJH | E Home Household | PairCorr |
| 0.38 | H | Hyatt Hotels | PairCorr |
| 0.37 | DNUT | Krispy Kreme | PairCorr |
| 0.31 | WING | Wingstop | PairCorr |
| 0.76 | MTN | Vail Resorts | PairCorr |
| 0.73 | MSC | Studio City International | PairCorr |
| 0.64 | GAN | Gan | PairCorr |
| 0.63 | LVS | Las Vegas Sands | PairCorr |
| 0.55 | HDL | SUPER HI INTERNATIONAL | PairCorr |
| 0.37 | HRB | HR Block | PairCorr |
Related Correlations Analysis
| 0.03 | 0.18 | -0.19 | 0.72 | SBUX | ||
| 0.03 | -0.42 | 0.93 | 0.35 | CAVA | ||
| 0.18 | -0.42 | -0.32 | 0.04 | YUMC | ||
| -0.19 | 0.93 | -0.32 | 0.16 | WING | ||
| 0.72 | 0.35 | 0.04 | 0.16 | DKNG | ||
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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
| High negative correlations
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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.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SBUX | 1.28 | 0.11 | 0.06 | 0.02 | 1.89 | 2.25 | 13.70 | |||
| CAVA | 2.72 | (0.53) | 0.00 | (0.39) | 0.00 | 3.60 | 17.86 | |||
| YUMC | 1.67 | 0.20 | 0.13 | 0.28 | 1.77 | 3.92 | 13.15 | |||
| WING | 2.28 | (0.52) | 0.00 | (0.46) | 0.00 | 2.81 | 17.94 | |||
| DKNG | 2.49 | (0.03) | 0.00 | (0.13) | 0.00 | 4.60 | 22.98 |
Dutch Bros Corporate Management
| Venki Krishnababu | Chief Officer | Profile | |
| Charley Jemley | Chief Officer | Profile | |
| Leigh Gower | Chief Officer | Profile | |
| Christine Schmidt | Chief Officer | Profile | |
| Joshua Guenser | Chief Officer | Profile | |
| Jonathan Ricci | Pres CEO | Profile |