Virgin Group Correlations
| GROV Stock | USD 1.56 0.02 1.27% |
The current 90-days correlation between Virgin Group Acquisition and Mannatech Incorporated is 0.05 (i.e., Significant diversification). The correlation of Virgin Group 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.
Virgin Group Correlation With Market
Average diversification
The correlation between Virgin Group Acquisition and DJI is 0.13 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Virgin Group Acquisition and DJI in the same portfolio, assuming nothing else is changed.
Virgin |
Moving together with Virgin Stock
Moving against Virgin Stock
| 0.82 | ELF | ELF Beauty | PairCorr |
| 0.8 | ENR | Energizer Holdings | PairCorr |
| 0.78 | EPC | Edgewell Personal Care | PairCorr |
| 0.72 | CLX | Clorox | PairCorr |
| 0.67 | DSY | Big Tree Cloud | PairCorr |
| 0.65 | EL | Estee Lauder Companies | PairCorr |
| 0.64 | MED | MEDIFAST INC | PairCorr |
| 0.61 | FTLF | FitLife Brands, Common Earnings Call This Week | PairCorr |
| 0.57 | XAGE | Longevity Health Hol Symbol Change | PairCorr |
| 0.55 | VERU | Veru Inc | PairCorr |
| 0.36 | WALD | Waldencast Acquisition | PairCorr |
| 0.8 | NWL | Newell Brands | PairCorr |
| 0.77 | REYN | Reynolds Consumer | PairCorr |
| 0.76 | HELE | Helen of Troy | PairCorr |
| 0.71 | SPB | Spectrum Brands Holdings | PairCorr |
| 0.65 | OLPX | Olaplex Holdings | PairCorr |
| 0.6 | HNST | Honest Company | PairCorr |
| 0.54 | SHOT | Safety Shot | PairCorr |
| 0.5 | NAII | Natural Alternatives | PairCorr |
| 0.45 | LFVN | Lifevantage Downward Rally | PairCorr |
| 0.43 | DSYWW | Big Tree Cloud | PairCorr |
| 0.37 | NATR | Natures Sunshine Products | PairCorr |
| 0.32 | MTEX | Mannatech Incorporated Earnings Call Today | PairCorr |
Related Correlations Analysis
| 0.38 | 0.11 | -0.4 | 0.41 | 0.42 | 0.58 | MTEX | ||
| 0.38 | 0.31 | -0.32 | 0.83 | 0.19 | 0.81 | EPC | ||
| 0.11 | 0.31 | -0.28 | 0.57 | 0.81 | 0.52 | IPAR | ||
| -0.4 | -0.32 | -0.28 | -0.55 | -0.5 | -0.6 | NUS | ||
| 0.41 | 0.83 | 0.57 | -0.55 | 0.53 | 0.93 | HELE | ||
| 0.42 | 0.19 | 0.81 | -0.5 | 0.53 | 0.6 | EWCZ | ||
| 0.58 | 0.81 | 0.52 | -0.6 | 0.93 | 0.6 | SPB | ||
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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 Virgin Stock performing well and Virgin Group 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 Virgin Group'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| MTEX | 3.31 | (0.28) | 0.00 | 0.33 | 0.00 | 6.72 | 43.88 | |||
| EPC | 1.35 | (0.26) | 0.00 | (0.55) | 0.00 | 1.84 | 11.61 | |||
| IPAR | 1.64 | (0.16) | 0.00 | (0.13) | 0.00 | 2.91 | 9.65 | |||
| NUS | 3.01 | (0.01) | 0.00 | 0.00 | 3.40 | 7.77 | 22.79 | |||
| HELE | 1.67 | (0.35) | 0.00 | (1.27) | 0.00 | 3.35 | 9.62 | |||
| EWCZ | 3.05 | (0.45) | 0.00 | (0.19) | 0.00 | 5.56 | 28.27 | |||
| SPB | 1.22 | (0.36) | 0.00 | (0.41) | 0.00 | 2.16 | 9.90 |
Virgin Group Corporate Management
| Stuart Landesberg | President, CoFounder | Profile | |
| Janae Crescenzo | Chief Officer | Profile | |
| Sergio Cervantes | Chief Officer | Profile | |
| Jeff Yurcisin | Chief Officer | Profile | |
| Jennie Perry | Chief Officer | Profile |