Caseys General Correlations
| CASY Stock | USD 412.50 8.50 2.10% |
The current 90-days correlation between Caseys General Stores and ODP Corp is 0.15 (i.e., Average diversification). The correlation of Caseys General 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.
Caseys General Correlation With Market
Very good diversification
The correlation between Caseys General Stores and DJI is -0.22 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Caseys General Stores and DJI in the same portfolio, assuming nothing else is changed.
Caseys |
Moving together with Caseys Stock
| 0.64 | WILC | G Willi Food | PairCorr |
| 0.87 | SFM | Sprouts Farmers Market | PairCorr |
| 0.78 | WMT | Walmart | PairCorr |
| 0.88 | NGVC | Natural Grocers by | PairCorr |
| 0.79 | COST | Costco Wholesale Corp | PairCorr |
| 0.64 | UNFI | United Natural Foods | PairCorr |
| 0.76 | USFD | US Foods Holding | PairCorr |
Moving against Caseys Stock
| 0.53 | SYY | Sysco | PairCorr |
| 0.4 | WNW | Meiwu Technology | PairCorr |
| 0.31 | WBA | Walgreens Boots Alliance Earnings Call This Week | PairCorr |
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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Caseys Stock performing well and Caseys General 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 Caseys General'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| LESL | 3.80 | (1.42) | 0.00 | (10.37) | 0.00 | 6.37 | 33.16 | |||
| SBH | 2.18 | (0.44) | 0.00 | (0.51) | 0.00 | 4.00 | 10.83 | |||
| ODP | 3.00 | (0.74) | 0.00 | 13.02 | 0.00 | 6.19 | 27.92 | |||
| FLWS | 2.81 | (0.30) | 0.00 | (0.24) | 0.00 | 5.36 | 15.19 | |||
| EYE | 2.25 | 0.32 | 0.12 | 0.23 | 2.49 | 4.71 | 16.13 | |||
| HZO | 2.18 | (0.36) | 0.00 | (0.24) | 0.00 | 4.89 | 21.26 | |||
| AZO | 0.96 | 0.15 | 0.14 | 0.31 | 1.07 | 2.08 | 5.90 | |||
| AAP | 2.22 | (0.14) | 0.00 | (1.46) | 0.00 | 3.89 | 25.00 | |||
| TSCO | 1.34 | 0.00 | 0.00 | (0.04) | 0.00 | 2.79 | 11.76 |
Caseys General Corporate Management
| Chad Frazell | Chief Officer | Profile | |
| Leanne Krell | Deputy VP | Profile | |
| Katrina Lindsey | Chief Officer | Profile | |
| Thomas Brennan | Senior Officer | Profile | |
| Megan Elfers | Vice Marketing | Profile | |
| Sanjeev Satturu | Senior Officer | Profile |