Ethan Allen Correlations
| ETD Stock | USD 28.05 0.00 0.00% |
The current 90-days correlation between Ethan Allen Interiors and Natuzzi SpA is 0.03 (i.e., Significant diversification). The correlation of Ethan Allen 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.
Ethan Allen Correlation With Market
Weak diversification
The correlation between Ethan Allen Interiors and DJI is 0.38 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Ethan Allen Interiors and DJI in the same portfolio, assuming nothing else is changed.
Ethan |
Moving together with Ethan Stock
| 0.72 | SN | SharkNinja, | PairCorr |
| 0.66 | LEG | Leggett Platt | PairCorr |
| 0.79 | LZB | La Z Boy | PairCorr |
| 0.7 | MBC | MasterBrand | PairCorr |
| 0.73 | SGI | Somnigroup International Symbol Change | PairCorr |
| 0.77 | PATK | Patrick Industries | PairCorr |
| 0.62 | PRPL | Purple Innovation | PairCorr |
| 0.65 | W | Wayfair Buyout Trend | PairCorr |
| 0.74 | DIBS | 1StdibsCom | PairCorr |
| 0.79 | AN | AutoNation | PairCorr |
| 0.61 | AS | Amer Sports, | PairCorr |
Moving against Ethan Stock
Related Correlations Analysis
| 0.15 | -0.78 | 0.0 | 0.8 | -0.52 | BSET | ||
| 0.15 | -0.23 | 0.0 | 0.09 | -0.35 | NTZ | ||
| -0.78 | -0.23 | 0.0 | -0.71 | 0.78 | FLXS | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | KBAL | ||
| 0.8 | 0.09 | -0.71 | 0.0 | -0.34 | HBB | ||
| -0.52 | -0.35 | 0.78 | 0.0 | -0.34 | HOFT | ||
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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 Ethan Stock performing well and Ethan Allen 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 Ethan Allen'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BSET | 1.41 | 0.18 | 0.11 | 1.08 | 1.83 | 3.43 | 10.89 | |||
| NTZ | 2.85 | 0.05 | 0.04 | (0.17) | 3.26 | 6.75 | 24.28 | |||
| FLXS | 2.56 | (0.59) | 0.00 | (0.47) | 0.00 | 4.30 | 37.91 | |||
| KBAL | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| HBB | 2.23 | 0.24 | 0.09 | 0.20 | 2.54 | 5.34 | 17.62 | |||
| HOFT | 1.64 | (0.50) | 0.00 | (1.66) | 0.00 | 1.93 | 11.10 |
Ethan Allen Corporate Management
| Mary Garrett | Independent Director | Profile | |
| Clifford Thorn | Vice President - Upholstery Manufacturing | Profile | |
| Tara Stacom | Independent Director | Profile | |
| Brynne Duncan | Senior Vice President - Manufacturing and Contract Business | Profile | |
| Christopher Robertson | Vice President of Logistics and Service | Profile | |
| Domenick Esposito | Independent Director | Profile |