Costco Wholesale Correlations
| COST Stock | USD 926.04 16.78 1.85% |
The current 90-days correlation between Costco Wholesale Corp and Walmart is 0.05 (i.e., Significant diversification). The correlation of Costco Wholesale 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.
Costco Wholesale Correlation With Market
Good diversification
The correlation between Costco Wholesale Corp and DJI is -0.05 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Costco Wholesale Corp and DJI in the same portfolio, assuming nothing else is changed.
Costco |
Moving together with Costco Stock
| 0.86 | WMT | Walmart | PairCorr |
| 0.81 | CHEF | Chefs Warehouse | PairCorr |
| 0.75 | USFD | US Foods Holding | PairCorr |
| 0.72 | UG | United Guardian Downward Rally | PairCorr |
Moving against Costco Stock
| 0.71 | BG | Bunge Limited | PairCorr |
| 0.49 | SYY | Sysco | PairCorr |
| 0.46 | HFFG | Hf Foods Group Trending | PairCorr |
| 0.34 | CL | Colgate Palmolive | PairCorr |
| 0.43 | DTCK | Davis Commodities | PairCorr |
| 0.41 | TR | Tootsie Roll Industries | PairCorr |
Related Correlations Analysis
| 0.53 | 0.02 | 0.0 | 0.5 | -0.51 | WMT | ||
| 0.53 | -0.58 | 0.0 | 0.75 | -0.5 | DLTR | ||
| 0.02 | -0.58 | 0.0 | -0.67 | 0.44 | BJ | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | BIG | ||
| 0.5 | 0.75 | -0.67 | 0.0 | -0.73 | TGT | ||
| -0.51 | -0.5 | 0.44 | 0.0 | -0.73 | DG | ||
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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 Costco Stock performing well and Costco Wholesale 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 Costco Wholesale'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| WMT | 1.30 | (0.08) | 0.00 | (0.13) | 0.00 | 2.47 | 9.32 | |||
| DLTR | 1.98 | (0.06) | 0.00 | (0.53) | 0.00 | 4.43 | 10.96 | |||
| BJ | 1.64 | 0.30 | 0.18 | 0.79 | 1.58 | 3.06 | 15.56 | |||
| BIG | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| TGT | 1.31 | (0.26) | 0.00 | (0.35) | 0.00 | 2.79 | 8.20 | |||
| DG | 1.64 | 0.17 | 0.09 | 0.37 | 2.06 | 3.45 | 12.37 |
Costco Wholesale Corporate Management
| John Sullivan | General VP | Profile | |
| Sheri Flies | Senior Compliance | Profile | |
| Pierre Riel | Executive Division | Profile | |
| David Sherwood | Vice Relations | Profile | |
| Daniel Hines | Senior Controller | Profile | |
| Javier Polit | Executive Technology | Profile |