Natures Sunshine Correlations

NATR Stock

USD 14.52 0.17 1.18%

The current 90-days correlation between Natures Sunshine Products and Seneca Foods Corp is -0.13 (i.e., Good diversification). The correlation of Natures Sunshine 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.

Natures Sunshine Correlation With Market

Significant diversification

The correlation between Natures Sunshine Products and DJI is 0.02 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Natures Sunshine Products 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 Natures Sunshine Products. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Moving together with Natures Stock

0.75	CL	Colgate Palmolive	Pair Corr
0.69	UL	Unilever PLC ADR Sell-off Trend	Pair Corr
0.91	WDFC	WD 40 Company	Pair Corr
0.74	CENTA	Central Garden Pet	Pair Corr
0.71	CLX	Clorox	Pair Corr
0.61	ELF	ELF Beauty	Pair Corr
0.79	ENR	Energizer Holdings Potential Growth	Pair Corr
0.82	EPC	Edgewell Personal Care	Pair Corr
0.69	FTLF	FitLife Brands, Common	Pair Corr
0.89	MED	MEDIFAST INC	Pair Corr
0.8	SPB	Spectrum Brands Holdings	Pair Corr
0.79	YSG	Yatsen Holding	Pair Corr
0.8	HELE	Helen of Troy	Pair Corr
0.86	HNST	Honest Company	Pair Corr
0.65	NAII	Natural Alternatives	Pair Corr
0.9	OLPX	Olaplex Holdings	Pair Corr

Moving against Natures Stock

0.64	UG	United Guardian	Pair Corr
0.42	EWCZ	European Wax Center	Pair Corr
0.39	WALDW	Waldencast Acquisition	Pair Corr
0.64	ODC	Oil Dri	Pair Corr
0.63	LFVN	Lifevantage	Pair Corr
0.41	MTEX	Mannatech Incorporated	Pair Corr
0.75	K	Kellanova	Pair Corr

Related Correlations Analysis

	SENEA	CENTA	CENT	ASBFF	SENEB	MKC-V	JJSF	BRID	MMMB	LWAY
SENEA		0.01	-0.15	0.18	0.35	0.57	-0.37	0.36	0.0	-0.53	SENEA
CENTA	0.01		0.97	0.48	-0.44	0.33	0.62	-0.33	0.0	0.53	CENTA
CENT	-0.15	0.97		0.49	-0.49	0.14	0.67	-0.31	0.0	0.63	CENT
ASBFF	0.18	0.48	0.49		-0.42	0.08	0.5	0.36	0.0	0.35	ASBFF
SENEB	0.35	-0.44	-0.49	-0.42		0.09	-0.62	0.23	0.0	-0.56	SENEB
MKC-V	0.57	0.33	0.14	0.08	0.09		0.01	-0.12	0.0	-0.21	MKC-V
JJSF	-0.37	0.62	0.67	0.5	-0.62	0.01		-0.33	0.0	0.81	JJSF
BRID	0.36	-0.33	-0.31	0.36	0.23	-0.12	-0.33		0.0	-0.31	BRID
MMMB	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0		0.0	MMMB
LWAY	-0.53	0.53	0.63	0.35	-0.56	-0.21	0.81	-0.31	0.0		LWAY
	SENEA	CENTA	CENT	ASBFF	SENEB	MKC-V	JJSF	BRID	MMMB	LWAY

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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	+ 0.97	CENTA
LWAY	+ 0.81	JJSF
JJSF	+ 0.67	CENT
LWAY	+ 0.63	CENT
JJSF	+ 0.62	CENTA
MKC-V	+ 0.57	SENEA

High negative correlations

JJSF	- 0.62	SENEB
LWAY	- 0.56	SENEB
LWAY	- 0.53	SENEA
SENEB	- 0.49	CENT
SENEB	- 0.44	CENTA
SENEB	- 0.42	ASBFF

Risk-Adjusted Indicators

There is a big difference between Natures Stock performing well and Natures Sunshine 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 Natures Sunshine'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
SENEA	1.35	0.32	0.22	1.44	1.32	(1.44)	3.55	(2.32)	13.63
CENTA	1.54	(0.13)	0.00	0.17	0.00	0.00	2.81	(3.57)	11.78
CENT	1.58	(0.18)	0.00	0.25	0.00	0.00	2.65	(4.13)	14.60
ASBFF	1.74	0.14	0.07	(0.30)	2.03	(4.02)	3.52	(5.37)	32.73
SENEB	1.70	0.46	0.18	2.47	1.53	(2.97)	4.66	(3.81)	18.07
MKC-V	1.17	0.14	0.13	0.59	1.27	(1.23)	2.41	(2.08)	7.12
JJSF	1.20	(0.42)	0.00	1.10	0.00	0.00	2.25	(3.30)	9.17
BRID	1.29	0.18	0.13	(3.22)	1.44	(1.47)	2.98	(2.52)	10.57
MMMB	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
LWAY	1.43	(0.19)	0.00	(0.52)	0.00	0.00	2.23	(3.29)	11.12

Natures Sunshine Corporate Management

Nathan JD	General VP	Profile
Kevin Herbert	Executive America	Profile
Lynda Hammons	VP Affairs	Profile
Jonathan Lanoy	Senior Controller	Profile
Kevin Fuller	Global Officer	Profile
Henry Zhou	Managing Synergy	Profile
Sarah Crockett	Global Officer	Profile

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