Carters Correlations

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Carters. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more detail on how to invest in Carters Stock please use our How to Invest in Carters guide.

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    PVH + 0.8 PLCE PVH + 0.8 OXM OXM + 0.73 PLCE COLM + 0.35 GIL PVH + 0.34 COLM COLM + 0.3 OXM

High negative correlations    PVH - 0.55 GIL GIL - 0.3 PLCE OXM - 0.22 GIL

Risk-Adjusted Indicators

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