Duluth Holdings Correlations

DLTH Stock

USD 3.89 0.01 0.26%

The current 90-days correlation between Duluth Holdings and Zumiez Inc is 0.29 (i.e., Modest diversification). The correlation of Duluth Holdings 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.

Duluth Holdings Correlation With Market

Modest diversification

The correlation between Duluth Holdings and DJI is 0.25 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Duluth Holdings and DJI in the same portfolio, assuming nothing else is changed.

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Duluth Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

For more detail on how to invest in Duluth Stock please use our How to Invest in Duluth Holdings guide.

Moving against Duluth Stock

0.31

Biglari Holdings

Pair Corr

Related Correlations Analysis

	ZUMZ	JILL	SCVL	CATO	TLYS	GCO	CTRN	HIBB
ZUMZ		0.85	0.34	-0.51	0.68	0.41	-0.71	-0.54	ZUMZ
JILL	0.85		0.19	-0.32	0.55	0.55	-0.53	-0.62	JILL
SCVL	0.34	0.19		-0.55	0.8	-0.2	-0.22	-0.32	SCVL
CATO	-0.51	-0.32	-0.55		-0.66	-0.05	0.48	0.21	CATO
TLYS	0.68	0.55	0.8	-0.66		-0.09	-0.54	-0.44	TLYS
GCO	0.41	0.55	-0.2	-0.05	-0.09		0.0	-0.15	GCO
CTRN	-0.71	-0.53	-0.22	0.48	-0.54	0.0		0.27	CTRN
HIBB	-0.54	-0.62	-0.32	0.21	-0.44	-0.15	0.27		HIBB
	ZUMZ	JILL	SCVL	CATO	TLYS	GCO	CTRN	HIBB

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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

JILL	+ 0.85	ZUMZ
TLYS	+ 0.8	SCVL
TLYS	+ 0.68	ZUMZ
TLYS	+ 0.55	JILL
GCO	+ 0.55	JILL
CTRN	+ 0.48	CATO

High negative correlations

CTRN	- 0.71	ZUMZ
TLYS	- 0.66	CATO
HIBB	- 0.62	JILL
CATO	- 0.55	SCVL
CTRN	- 0.54	TLYS
HIBB	- 0.54	ZUMZ

Risk-Adjusted Indicators

There is a big difference between Duluth Stock performing well and Duluth Holdings 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 Duluth Holdings' 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
ZUMZ	2.25	(0.45)	0.00	(0.27)	0.00	0.00	5.33	(5.10)	16.45
JILL	2.00	(0.53)	0.00	(0.17)	0.00	0.00	3.50	(3.51)	17.38
SCVL	2.11	(0.60)	0.00	(0.18)	0.00	0.00	5.16	(5.85)	16.24
CATO	3.15	(0.28)	0.00	0.57	0.00	0.00	5.64	(5.49)	38.92
TLYS	3.14	(0.58)	0.00	(0.14)	0.00	0.00	7.45	(4.98)	17.25
GCO	3.04	(0.13)	0.01	0.07	3.51	(3.50)	8.10	(5.73)	16.22
CTRN	2.12	0.11	0.05	0.20	2.59	(2.45)	5.18	(4.32)	17.32
HIBB	0.65	0.36	0.71	(1.17)	0.00	(0.67)	0.56	(0.24)	19.75

Duluth Holdings Corporate Management

Eli Getson	Senior Officer	Profile
Heena Agrawal	Senior Officer	Profile
Garth Weber	Senior Marketing	Profile
Richard Schlecht	Merchandising Product	Profile
Michael CPA	VP Officer	Profile
David Homolka	Retail Talent	Profile

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