Local Bounti Correlations
| LOCL Stock | USD 1.90 0.08 4.04% |
The current 90-days correlation between Local Bounti Corp and Alico Inc is 0.12 (i.e., Average diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Local Bounti moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Local Bounti Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Local Bounti Correlation With Market
Average diversification
The correlation between Local Bounti Corp and DJI is 0.16 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Local Bounti Corp and DJI in the same portfolio, assuming nothing else is changed.
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Moving against Local Stock
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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 Local Stock performing well and Local Bounti 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 Local Bounti'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| FDP | 0.98 | (0.17) | 0.00 | (0.51) | 0.00 | 1.43 | 5.70 | |||
| ALCO | 1.65 | 0.23 | 0.17 | 0.41 | 1.44 | 3.50 | 23.20 | |||
| SANW | 4.86 | 0.97 | 0.25 | (1.79) | 3.63 | 18.55 | 42.09 | |||
| AGRO | 1.12 | 0.08 | 0.10 | 0.38 | 1.27 | 1.61 | 14.34 | |||
| LND | 1.24 | 0.04 | 0.05 | 0.04 | 1.64 | 2.77 | 6.11 | |||
| AGRIW | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| KALRQ | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| AFRI | 1.06 | (0.24) | 0.00 | (0.56) | 0.00 | 2.66 | 11.21 | |||
| AQB | 4.36 | 0.21 | 0.05 | 0.81 | 5.03 | 11.54 | 40.50 |
Local Bounti Corporate Management
| Kathleen Valiasek | Chief Officer | Profile | |
| Mark McKinney | Chief Officer | Profile | |
| Margaret McCandless | General Secretary | Profile | |
| Bimal Patel | Chief Officer | Profile | |
| Gary Hilberg | Chief Officer | Profile | |
| Margaret JD | General Secretary | Profile | |
| Brian Cook | President | Profile |