Hf Foods Correlations

HFFG Stock

USD 3.55 0.62 21.16%

The current 90-days correlation between Hf Foods Group and G Willi Food International is -0.31 (i.e., Very good diversification). The correlation of Hf Foods 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.

Hf Foods Correlation With Market

Weak diversification

The correlation between Hf Foods Group and DJI is 0.35 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Hf Foods Group and DJI in the same portfolio, assuming nothing else is changed.

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hf Foods Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

Moving together with HFFG Stock

0.65	GO	Grocery Outlet Holding	Pair Corr
0.64	IMKTA	Ingles Markets	Pair Corr
0.66	DNUT	Krispy Kreme	Pair Corr
0.64	EEIQ	Elite Education Group	Pair Corr

Moving against HFFG Stock

0.86	K	Kellanova Sell-off Trend	Pair Corr
0.76	PM	Philip Morris Intern	Pair Corr
0.76	YQ	17 Education Technology	Pair Corr
0.75	KO	Coca Cola	Pair Corr
0.63	ACI	Albertsons Companies	Pair Corr
0.6	BJ	BJs Wholesale Club	Pair Corr
0.56	MO	Altria Group	Pair Corr
0.53	KR	Kroger Company	Pair Corr
0.52	COST	Costco Wholesale Corp	Pair Corr
0.45	PG	Procter Gamble	Pair Corr
0.39	UG	United Guardian	Pair Corr
0.31	JZ	Jianzhi Education	Pair Corr
0.83	WYHG	Wing Yip Food	Pair Corr
0.79	WVVI	Willamette Valley Earnings Call This Week	Pair Corr
0.75	VSTA	Vasta Platform Potential Growth	Pair Corr
0.64	WAFU	Wah Fu Education	Pair Corr
0.62	FARM	Farmer Bros	Pair Corr
0.56	BTI	British American Tobacco	Pair Corr
0.56	BUD	Anheuser Busch Inbev Sell-off Trend	Pair Corr
0.45	WILC	G Willi Food	Pair Corr
0.36	BRLSW	Borealis Foods	Pair Corr

Related Correlations Analysis

	IVFH	WILC	CVGW	CHEF	PFGC	SPTN	USFD	ANDE	DIT	AVO
IVFH		0.43	-0.65	0.69	-0.09	0.58	0.25	0.16	0.27	-0.47	IVFH
WILC	0.43		-0.25	0.63	-0.05	0.51	0.43	-0.04	0.37	-0.22	WILC
CVGW	-0.65	-0.25		-0.32	0.15	-0.27	-0.1	0.02	-0.02	0.56	CVGW
CHEF	0.69	0.63	-0.32		0.05	0.59	0.54	0.27	0.2	-0.27	CHEF
PFGC	-0.09	-0.05	0.15	0.05		-0.52	0.49	-0.08	-0.08	0.44	PFGC
SPTN	0.58	0.51	-0.27	0.59	-0.52		-0.16	0.21	0.32	-0.45	SPTN
USFD	0.25	0.43	-0.1	0.54	0.49	-0.16		-0.13	-0.05	0.07	USFD
ANDE	0.16	-0.04	0.02	0.27	-0.08	0.21	-0.13		-0.06	-0.25	ANDE
DIT	0.27	0.37	-0.02	0.2	-0.08	0.32	-0.05	-0.06		0.22	DIT
AVO	-0.47	-0.22	0.56	-0.27	0.44	-0.45	0.07	-0.25	0.22		AVO
	IVFH	WILC	CVGW	CHEF	PFGC	SPTN	USFD	ANDE	DIT	AVO

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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

CHEF	+ 0.69	IVFH
CHEF	+ 0.63	WILC
SPTN	+ 0.59	CHEF
SPTN	+ 0.58	IVFH
AVO	+ 0.56	CVGW
USFD	+ 0.54	CHEF

High negative correlations

CVGW	- 0.65	IVFH
SPTN	- 0.52	PFGC
AVO	- 0.47	IVFH
AVO	- 0.45	SPTN
CHEF	- 0.32	CVGW
AVO	- 0.27	CHEF

Risk-Adjusted Indicators

There is a big difference between HFFG Stock performing well and Hf Foods 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 Hf Foods' 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
IVFH	2.14	0.29	0.12	0.33	2.23	(2.59)	4.17	(3.52)	12.12
WILC	1.09	(0.03)	0.00	0.13	0.00	0.00	2.21	(2.04)	11.58
CVGW	1.88	0.01	0.00	(0.04)	0.00	0.00	4.15	(4.36)	12.71
CHEF	1.49	0.13	0.09	(0.89)	2.10	(1.58)	2.85	(3.09)	16.12
PFGC	1.22	(0.15)	0.00	(0.22)	0.00	0.00	2.19	(3.17)	6.86
SPTN	1.31	0.17	0.13	0.44	1.56	(1.31)	2.12	(2.63)	14.21
USFD	1.12	(0.16)	0.00	0.78	0.00	0.00	1.77	(2.60)	5.44
ANDE	1.70	0.02	0.00	(0.04)	0.00	0.00	3.13	(3.26)	20.70
DIT	3.00	(0.14)	0.00	(0.52)	0.00	0.00	7.08	(5.88)	23.72
AVO	1.79	(0.31)	0.00	(0.43)	0.00	0.00	2.81	(4.34)	30.50

Hf Foods Corporate Management

Xi Lin	Chief Officer	Profile
Carlos Rodriguez	Chief Officer	Profile
Christine JD	General Officer	Profile
Jason White	Senior Technology	Profile
Cindy Yao	Chief Officer	Profile
Ravindar Krishnappa	Senior Operations	Profile
Christine Chang	General Officer	Profile

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