Jack In Correlations

JACK Stock

USD 37.94 3.99 11.75%

The current 90-days correlation between Jack In and Dine Brands Global is 0.46 (i.e., Very weak diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Jack In moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Jack In The moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Jack In Correlation With Market

Average diversification

The correlation between Jack In The and DJI is 0.19 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Jack In The 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 Jack In The. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Moving together with Jack Stock

0.77	F	Ford Motor Aggressive Push	Pair Corr
0.63	GPC	Genuine Parts	Pair Corr
0.71	YETI	YETI Holdings	Pair Corr
0.9	SDHC	Smith Douglas Homes	Pair Corr
0.91	UPBD	Upbound Group	Pair Corr
0.73	PPERF	Bank Mandiri Persero	Pair Corr
0.75	PPERY	Bank Mandiri Persero	Pair Corr
0.75	PTAIY	Astra International Tbk	Pair Corr
0.82	PBCRY	Bank Central Asia	Pair Corr
0.62	PBCRF	PT Bank Central	Pair Corr
0.67	PG	Procter Gamble	Pair Corr

Moving against Jack Stock

0.45	LTH	Life Time Group	Pair Corr
0.31	OSW	OneSpaWorld Holdings	Pair Corr
0.8	SSNLF	Samsung Electronics	Pair Corr
0.76	BA	Boeing	Pair Corr
0.53	MMM	3M Company	Pair Corr
0.52	CSCO	Cisco Systems	Pair Corr
0.38	GE	GE Aerospace	Pair Corr
0.32	WMT	Walmart	Pair Corr

Related Correlations Analysis

	DIN	BLMN	BJRI	RUTH	CAKE	EAT	DENN	CHUY	FRGI	DPZ
DIN		0.85	0.33	0.0	-0.33	-0.43	0.63	0.0	0.0	0.13	DIN
BLMN	0.85		0.62	0.0	-0.01	-0.2	0.59	0.0	0.0	0.38	BLMN
BJRI	0.33	0.62		0.0	0.51	0.18	0.2	0.0	0.0	0.52	BJRI
RUTH	0.0	0.0	0.0		0.0	0.0	0.0	0.0	0.0	0.0	RUTH
CAKE	-0.33	-0.01	0.51	0.0		0.86	-0.11	0.0	0.0	0.5	CAKE
EAT	-0.43	-0.2	0.18	0.0	0.86		-0.03	0.0	0.0	0.27	EAT
DENN	0.63	0.59	0.2	0.0	-0.11	-0.03		0.0	0.0	0.02	DENN
CHUY	0.0	0.0	0.0	0.0	0.0	0.0	0.0		0.0	0.0	CHUY
FRGI	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0		0.0	FRGI
DPZ	0.13	0.38	0.52	0.0	0.5	0.27	0.02	0.0	0.0		DPZ
	DIN	BLMN	BJRI	RUTH	CAKE	EAT	DENN	CHUY	FRGI	DPZ

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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

EAT	+ 0.86	CAKE
BLMN	+ 0.85	DIN
DENN	+ 0.63	DIN
BJRI	+ 0.62	BLMN
DENN	+ 0.59	BLMN
DPZ	+ 0.52	BJRI

High negative correlations

EAT	- 0.43	DIN
CAKE	- 0.33	DIN
EAT	- 0.2	BLMN
DENN	- 0.11	CAKE
DENN	- 0.03	EAT
CAKE	- 0.01	BLMN

Risk-Adjusted Indicators

There is a big difference between Jack Stock performing well and Jack In 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 Jack In'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
DIN	2.03	(0.36)	0.00	(0.24)	0.00	0.00	3.43	(4.01)	14.52
BLMN	2.32	(0.04)	0.00	(0.02)	0.00	0.00	5.62	(4.10)	15.29
BJRI	1.58	0.16	0.08	0.65	1.91	(1.76)	3.44	(2.89)	11.88
RUTH	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
CAKE	1.63	0.23	0.13	0.34	1.62	(1.92)	4.31	(2.32)	10.34
EAT	2.30	0.40	0.15	0.39	2.30	(2.76)	5.45	(4.85)	21.93
DENN	2.92	(0.24)	0.00	(0.24)	0.00	0.00	5.75	(5.53)	30.21
CHUY	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
FRGI	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
DPZ	1.39	0.09	0.06	0.12	1.47	(1.68)	3.48	(3.02)	7.78

Jack In Corporate Management

Chris Brandon	Vice Relations	Profile
Doug Cook	VP CTO	Profile
Ryan Ostrom	Executive Officer	Profile
Darin Harris	CEO Director	Profile
Tony Darden	COO VP	Profile
Sarah McAloon	Senior Taco	Profile

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