John B Correlations

JBSS Stock

USD 84.74 0.83 0.99%

The current 90-days correlation between John B Sanfilippo and Lancaster Colony is 0.71 (i.e., Poor diversification). The correlation of John B 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.

John B Correlation With Market

Very weak diversification

The correlation between John B Sanfilippo and DJI is 0.48 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding John B Sanfilippo 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 John B Sanfilippo. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Moving together with John Stock

0.89	BUD	Anheuser Busch Inbev	Pair Corr
0.73	FMX	Fomento Economico	Pair Corr
0.92	KHC	Kraft Heinz Sell-off Trend	Pair Corr
0.7	OTLY	Oatly Group AB	Pair Corr
0.71	ABEV	Ambev SA ADR	Pair Corr
0.78	BYND	Beyond Meat	Pair Corr
0.7	BG	Bunge Limited	Pair Corr
0.75	CL	Colgate Palmolive Fiscal Year End 24th of January 2025	Pair Corr
0.92	EL	Estee Lauder Companies	Pair Corr
0.88	KO	Coca Cola Sell-off Trend	Pair Corr
0.81	UG	United Guardian	Pair Corr
0.84	UL	Unilever PLC ADR	Pair Corr

Moving against John Stock

0.73	SAM	Boston Beer	Pair Corr
0.71	TAP	Molson Coors Brewing Sell-off Trend	Pair Corr
0.54	PAVS	Paranovus Entertainment	Pair Corr
0.31	K	Kellanova	Pair Corr
0.84	MO	Altria Group	Pair Corr
0.65	LW	Lamb Weston Holdings Sell-off Trend	Pair Corr
0.65	PM	Philip Morris Intern	Pair Corr
0.63	KR	Kroger Company Earnings Call Today	Pair Corr
0.58	BJ	BJs Wholesale Club	Pair Corr
0.43	JZ	Jianzhi Education	Pair Corr
0.41	TR	Tootsie Roll Industries	Pair Corr
0.68	EEIQ	Elite Education Group	Pair Corr
0.6	BRCNF	Burcon NutraScience Corp	Pair Corr

Related Correlations Analysis

	LANC	THS	SENEA	SENEB	JJSF	NOMD	CENT	CENTA	NATR	ASBFF
LANC		-0.46	0.54	0.17	0.6	-0.44	-0.04	-0.07	0.49	-0.51	LANC
THS	-0.46		-0.69	-0.27	-0.09	0.81	0.07	0.12	-0.67	0.69	THS
SENEA	0.54	-0.69		0.26	0.3	-0.54	0.12	0.07	0.79	-0.75	SENEA
SENEB	0.17	-0.27	0.26		0.04	-0.15	0.28	0.26	0.27	-0.31	SENEB
JJSF	0.6	-0.09	0.3	0.04		-0.11	0.2	0.2	0.39	-0.22	JJSF
NOMD	-0.44	0.81	-0.54	-0.15	-0.11		0.44	0.48	-0.4	0.66	NOMD
CENT	-0.04	0.07	0.12	0.28	0.2	0.44		1.0	0.44	0.1	CENT
CENTA	-0.07	0.12	0.07	0.26	0.2	0.48	1.0		0.4	0.15	CENTA
NATR	0.49	-0.67	0.79	0.27	0.39	-0.4	0.44	0.4		-0.49	NATR
ASBFF	-0.51	0.69	-0.75	-0.31	-0.22	0.66	0.1	0.15	-0.49		ASBFF
	LANC	THS	SENEA	SENEB	JJSF	NOMD	CENT	CENTA	NATR	ASBFF

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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

CENTA	+ 1.0	CENT
NOMD	+ 0.81	THS
NATR	+ 0.79	SENEA
ASBFF	+ 0.69	THS
ASBFF	+ 0.66	NOMD
JJSF	+ 0.6	LANC

High negative correlations

ASBFF	- 0.75	SENEA
SENEA	- 0.69	THS
NATR	- 0.67	THS
NOMD	- 0.54	SENEA
ASBFF	- 0.51	LANC
ASBFF	- 0.49	NATR

Risk-Adjusted Indicators

There is a big difference between John Stock performing well and John B 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 John B'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
LANC	1.18	0.02	0.01	0.14	1.54	(1.25)	3.43	(2.05)	9.59
THS	1.52	(0.33)	0.00	(0.23)	0.00	0.00	2.71	(2.61)	17.32
SENEA	1.16	0.15	0.08	0.30	1.44	(1.31)	2.87	(1.85)	11.87
SENEB	1.21	0.21	0.04	6.48	1.24	(2.03)	3.42	(2.64)	11.90
JJSF	1.00	(0.08)	(0.05)	0.05	1.22	(1.06)	2.12	(1.89)	9.61
NOMD	1.13	(0.05)	0.00	(0.29)	0.00	0.00	1.86	(2.59)	5.91
CENT	1.25	(0.12)	(0.09)	(0.01)	1.44	(1.42)	2.81	(2.33)	6.39
CENTA	1.25	(0.17)	0.00	(0.04)	0.00	0.00	2.74	(2.72)	6.82
NATR	2.06	0.07	0.09	0.15	1.84	(2.58)	6.11	(2.99)	22.72
ASBFF	0.31	(0.14)	0.00	0.73	0.00	0.00	0.00	0.00	6.28

John B Corporate Management

Gina Lakatos	General VP	Profile
Shayn Wallace	Ex Marketing	Profile
Robyn Marshall	Accounting Manager	Profile
Michael Campagna	Quality Safety	Profile
Brenda Cannon	Vice Compliance	Profile
Michael CPA	VP Controller	Profile

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