GEN Restaurant Correlations
| GENK Stock | 6.00 0.19 3.07% |
The current 90-days correlation between GEN Restaurant Group, and Broadleaf Co is -0.04 (i.e., Good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as GEN Restaurant moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if GEN Restaurant Group, moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
GEN Restaurant Correlation With Market
Weak diversification
The correlation between GEN Restaurant Group, and DJI is 0.32 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding GEN Restaurant Group, and DJI in the same portfolio, assuming nothing else is changed.
GEN |
Moving together with GEN Stock
| 0.7 | CMG | Chipotle Mexican Grill | PairCorr |
| 0.64 | DIN | Dine Brands Global | PairCorr |
| 0.66 | M | Macys Inc | PairCorr |
| 0.79 | UA | Under Armour C | PairCorr |
| 0.78 | VSCO | Victorias Secret | PairCorr |
| 0.79 | BZH | Beazer Homes USA | PairCorr |
| 0.75 | XELB | Xcel Brands | PairCorr |
| 0.61 | HOV | Hovnanian Enterprises | PairCorr |
Moving against GEN Stock
| 0.82 | NATH | Nathans Famous | PairCorr |
| 0.79 | JD | JD Inc Adr | PairCorr |
| 0.78 | VIPS | Vipshop Holdings | PairCorr |
| 0.77 | YUM | Yum Brands | PairCorr |
| 0.72 | MCD | McDonalds | PairCorr |
| 0.7 | DRI | Darden Restaurants | PairCorr |
| 0.68 | PZZA | Papa Johns International | PairCorr |
| 0.42 | FATBB | FAT Brands | PairCorr |
| 0.38 | BDL | Flanigans Enterprises | PairCorr |
| 0.75 | AZO | AutoZone | PairCorr |
| 0.55 | GIL | Gildan Activewear | PairCorr |
| 0.55 | JWN | Nordstrom | PairCorr |
Related Correlations Analysis
| 0.15 | 0.16 | -0.14 | -0.12 | BRDLF | ||
| 0.15 | -0.07 | -0.59 | -0.75 | LNT | ||
| 0.16 | -0.07 | 0.13 | 0.31 | EDTK | ||
| -0.14 | -0.59 | 0.13 | 0.6 | WETO | ||
| -0.12 | -0.75 | 0.31 | 0.6 | MESA | ||
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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 GEN Stock performing well and GEN Restaurant 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 GEN Restaurant'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BRDLF | 0.01 | (0.01) | 0.00 | 0.89 | 0.00 | 0.00 | 0.20 | |||
| LNT | 0.86 | 0.10 | 0.09 | 0.32 | 1.15 | 1.93 | 5.88 | |||
| EDTK | 2.48 | 0.06 | 0.03 | (0.24) | 2.89 | 5.36 | 15.33 | |||
| WETO | 2.64 | 0.08 | 0.02 | 0.08 | 4.31 | 5.56 | 10.00 | |||
| MESA | 3.05 | (0.24) | 0.00 | (0.19) | 0.00 | 5.49 | 28.95 |