Natural Health Correlations

NHTC Stock

USD 5.44 0.04 0.73%

The current 90-days correlation between Natural Health Trend and Hour Loop is -0.17 (i.e., Good diversification). The correlation of Natural Health 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.

Natural Health Correlation With Market

Average diversification

The correlation between Natural Health Trend and DJI is 0.11 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Natural Health Trend 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 Natural Health Trend. 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 Natural Stock

0.61	CENTA	Central Garden Pet	Pair Corr
0.71	EPC	Edgewell Personal Care	Pair Corr
0.71	NAII	Natural Alternatives	Pair Corr

Moving against Natural Stock

0.54	ENR	Energizer Holdings	Pair Corr
0.82	HELE	Helen of Troy	Pair Corr
0.73	LFVN	Lifevantage	Pair Corr
0.62	ODD	ODDITY Tech	Pair Corr
0.58	YSG	Yatsen Holding	Pair Corr
0.43	IPAR	Inter Parfums	Pair Corr
0.38	NWL	Newell Brands	Pair Corr
0.62	BRBR	Bellring Brands LLC	Pair Corr
0.34	SW	Smurfit WestRock plc	Pair Corr

Related Correlations Analysis

	LQDT	HOUR	QRTEB	EMCMF	PIK	SECO	OZON	DTC	DIBS	QRTEP
LQDT		0.52	-0.65	0.23	-0.08	-0.13	0.0	-0.46	-0.7	0.29	LQDT
HOUR	0.52		-0.37	0.07	0.06	-0.12	0.0	-0.64	-0.66	0.28	HOUR
QRTEB	-0.65	-0.37		0.25	-0.2	-0.04	0.0	0.57	0.75	0.27	QRTEB
EMCMF	0.23	0.07	0.25		-0.15	0.04	0.0	0.08	0.22	0.49	EMCMF
PIK	-0.08	0.06	-0.2	-0.15		0.15	0.0	-0.1	-0.07	-0.18	PIK
SECO	-0.13	-0.12	-0.04	0.04	0.15		0.0	0.3	0.29	-0.04	SECO
OZON	0.0	0.0	0.0	0.0	0.0	0.0		0.0	0.0	0.0	OZON
DTC	-0.46	-0.64	0.57	0.08	-0.1	0.3	0.0		0.76	0.17	DTC
DIBS	-0.7	-0.66	0.75	0.22	-0.07	0.29	0.0	0.76		0.01	DIBS
QRTEP	0.29	0.28	0.27	0.49	-0.18	-0.04	0.0	0.17	0.01		QRTEP
	LQDT	HOUR	QRTEB	EMCMF	PIK	SECO	OZON	DTC	DIBS	QRTEP

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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

DIBS	+ 0.76	DTC
DIBS	+ 0.75	QRTEB
DTC	+ 0.57	QRTEB
HOUR	+ 0.52	LQDT
QRTEP	+ 0.49	EMCMF
DTC	+ 0.3	SECO

High negative correlations

DIBS	- 0.7	LQDT
DIBS	- 0.66	HOUR
QRTEB	- 0.65	LQDT
DTC	- 0.64	HOUR
DTC	- 0.46	LQDT
QRTEB	- 0.37	HOUR

Risk-Adjusted Indicators

There is a big difference between Natural Stock performing well and Natural Health 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 Natural Health'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
LQDT	1.21	0.06	0.07	0.16	1.32	(1.27)	2.19	(2.17)	9.34
HOUR	2.50	0.26	0.05	0.57	3.56	(2.77)	4.40	(5.16)	42.64
QRTEB	3.37	(0.49)	0.00	(1.83)	0.00	0.00	6.47	(6.62)	23.12
EMCMF	59.48	29.64	0.00	(3.63)	0.00	0.00	0.00	0.00	1,992
PIK	3.86	(0.01)	(0.01)	0.10	5.42	(3.93)	9.38	(9.35)	25.87
SECO	5.16	0.19	0.03	0.28	5.49	(6.88)	14.29	(10.00)	45.51
OZON	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
DTC	3.21	(0.44)	0.00	(0.12)	0.00	0.00	7.19	(6.43)	19.35
DIBS	1.47	(0.41)	0.00	(0.30)	0.00	0.00	3.01	(3.99)	11.92
QRTEP	1.45	0.03	0.03	0.14	1.79	(1.57)	3.90	(3.23)	9.82

Natural Health Corporate Executives

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

Timothy Davidson

CFO, Chief Compliance Officer, Sr. VP and Secretary

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