Lifeway Foods Correlations

LWAY Stock

USD 24.81 0.24 0.98%

The current 90-days correlation between Lifeway Foods and Seneca Foods Corp is -0.16 (i.e., Good diversification). The correlation of Lifeway 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. If the correlation is 0, the equities are not correlated; they are entirely random.

Lifeway Foods Correlation With Market

Average diversification

The correlation between Lifeway Foods and DJI is 0.1 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Lifeway Foods and DJI in the same portfolio, assuming nothing else is changed.

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

For more information on how to buy Lifeway Stock please use our How to Invest in Lifeway Foods guide.

Moving together with Lifeway Stock

0.63	K	Kellanova	Pair Corr
0.65	IH	Ihuman Inc	Pair Corr

Moving against Lifeway Stock

0.76	WEST	Westrock Coffee	Pair Corr
0.76	TSN	Tyson Foods	Pair Corr
0.65	BRID	Bridgford Foods	Pair Corr
0.48	BG	Bunge Limited	Pair Corr
0.39	FMX	Fomento Economico	Pair Corr
0.38	BOF	BranchOut Food Common	Pair Corr
0.36	PAVS	Paranovus Entertainment	Pair Corr
0.51	CL	Colgate Palmolive Fiscal Year End 24th of January 2025	Pair Corr
0.44	DG	Dollar General Earnings Call This Week	Pair Corr
0.43	GV	Visionary Education	Pair Corr
0.36	GO	Grocery Outlet Holding	Pair Corr
0.31	PG	Procter Gamble	Pair Corr
0.31	UL	Unilever PLC ADR	Pair Corr
0.86	EDBL	Edible Garden AG	Pair Corr
0.59	EAST	Eastside Distilling	Pair Corr
0.56	DLTR	Dollar Tree Earnings Call This Week	Pair Corr
0.55	EDTK	Skillful Craftsman	Pair Corr
0.37	DTCK	Davis Commodities	Pair Corr

Related Correlations Analysis

	SENEB	CENTA	CENT	LFVN	SENEA	JJSF	ARZTY	JVA	MKC-V	NATR
SENEB		0.26	0.28	0.2	0.26	0.04	-0.37	0.2	-0.25	0.27	SENEB
CENTA	0.26		1.0	-0.48	0.07	0.2	0.01	-0.37	0.14	0.4	CENTA
CENT	0.28	1.0		-0.44	0.12	0.2	-0.04	-0.35	0.1	0.44	CENT
LFVN	0.2	-0.48	-0.44		0.68	0.31	-0.64	0.72	-0.59	0.42	LFVN
SENEA	0.26	0.07	0.12	0.68		0.3	-0.78	0.6	-0.6	0.79	SENEA
JJSF	0.04	0.2	0.2	0.31	0.3		-0.03	0.3	-0.13	0.39	JJSF
ARZTY	-0.37	0.01	-0.04	-0.64	-0.78	-0.03		-0.39	0.81	-0.67	ARZTY
JVA	0.2	-0.37	-0.35	0.72	0.6	0.3	-0.39		-0.28	0.26	JVA
MKC-V	-0.25	0.14	0.1	-0.59	-0.6	-0.13	0.81	-0.28		-0.56	MKC-V
NATR	0.27	0.4	0.44	0.42	0.79	0.39	-0.67	0.26	-0.56		NATR
	SENEB	CENTA	CENT	LFVN	SENEA	JJSF	ARZTY	JVA	MKC-V	NATR

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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

CENT	+ 1.0	CENTA
MKC-V	+ 0.81	ARZTY
NATR	+ 0.79	SENEA
JVA	+ 0.72	LFVN
SENEA	+ 0.68	LFVN
JVA	+ 0.6	SENEA

High negative correlations

ARZTY	- 0.78	SENEA
NATR	- 0.67	ARZTY
ARZTY	- 0.64	LFVN
MKC-V	- 0.6	SENEA
MKC-V	- 0.59	LFVN
NATR	- 0.56	MKC-V

Risk-Adjusted Indicators

There is a big difference between Lifeway Stock performing well and Lifeway 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 Lifeway 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
SENEB	1.21	0.21	0.04	6.48	1.24	(2.03)	3.42	(2.64)	11.90
CENTA	1.25	(0.17)	0.00	(0.04)	0.00	0.00	2.74	(2.72)	6.82
CENT	1.25	(0.12)	(0.09)	(0.01)	1.44	(1.42)	2.81	(2.33)	6.39
LFVN	3.70	0.85	0.15	(1.67)	4.02	(4.26)	8.92	(6.81)	26.14
SENEA	1.16	0.15	0.08	0.30	1.44	(1.31)	2.87	(1.85)	11.87
JJSF	1.00	(0.08)	(0.05)	0.05	1.22	(1.06)	2.12	(1.89)	9.61
ARZTY	0.63	(0.23)	0.00	(5.69)	0.00	0.00	0.00	0.00	14.15
JVA	4.19	0.40	0.13	0.30	3.96	(5.28)	9.03	(7.80)	47.22
MKC-V	0.94	(0.01)	0.00	0.17	0.00	0.00	2.22	(2.75)	5.53
NATR	2.06	0.07	0.09	0.15	1.84	(2.58)	6.11	(2.99)	22.72

Lifeway Foods Corporate Executives

Elected by the shareholders, the Lifeway Foods' board of directors comprises two types of representatives: Lifeway Foods inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Lifeway. The board's role is to monitor Lifeway Foods' management team and ensure that shareholders' interests are well served. Lifeway Foods' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Lifeway Foods' outside directors are responsible for providing unbiased perspectives on the board's policies.

Eric Hanson

Interim CFO, Chief Accounting Officer

Profile

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