Portillos Correlations

PTLO Stock

USD 11.44 0.20 1.78%

The current 90-days correlation between Portillos and Wingstop is 0.15 (i.e., Average diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Portillos moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Portillos moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Portillos Correlation With Market

Modest diversification

The correlation between Portillos and DJI is 0.27 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Portillos and DJI in the same portfolio, assuming nothing else is changed.

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Portillos. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

To learn how to invest in Portillos Stock, please use our How to Invest in Portillos guide.

Moving together with Portillos Stock

0.61

PZZA

Papa Johns International

Pair Corr

Moving against Portillos Stock

0.79	GAMB	Gambling Group	Pair Corr
0.53	LIND	Lindblad Expeditions Potential Growth	Pair Corr
0.47	PLYA	Playa Hotels Resorts	Pair Corr
0.44	EXPE	Expedia Group	Pair Corr
0.43	RSI	Rush Street Interactive	Pair Corr
0.4	DPZ	Dominos Pizza	Pair Corr
0.31	SBUX	Starbucks Aggressive Push	Pair Corr
0.66	BROS	Dutch Bros	Pair Corr
0.62	SGHC	SGHC Limited	Pair Corr
0.47	GM	General Motors Aggressive Push	Pair Corr
0.44	F	Ford Motor Aggressive Push	Pair Corr
0.32	CAKE	The Cheesecake Factory	Pair Corr
0.32	WEYS	Weyco Group	Pair Corr

Related Correlations Analysis

	WING	RLJ	AQUI	STEP	MSTSX	LBHIX	VSCIX	VIASP	BBDC
WING		-0.11	0.0	-0.57	0.03	-0.1	-0.5	-0.55	-0.06	WING
RLJ	-0.11		0.0	0.65	0.35	0.56	0.78	0.64	0.64	RLJ
AQUI	0.0	0.0		0.0	0.0	0.0	0.0	0.0	0.0	AQUI
STEP	-0.57	0.65	0.0		0.63	0.66	0.93	0.58	0.3	STEP
MSTSX	0.03	0.35	0.0	0.63		0.68	0.6	-0.05	0.01	MSTSX
LBHIX	-0.1	0.56	0.0	0.66	0.68		0.67	0.26	0.2	LBHIX
VSCIX	-0.5	0.78	0.0	0.93	0.6	0.67		0.67	0.49	VSCIX
VIASP	-0.55	0.64	0.0	0.58	-0.05	0.26	0.67		0.6	VIASP
BBDC	-0.06	0.64	0.0	0.3	0.01	0.2	0.49	0.6		BBDC
	WING	RLJ	AQUI	STEP	MSTSX	LBHIX	VSCIX	VIASP	BBDC

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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

VSCIX	+ 0.93	STEP
VSCIX	+ 0.78	RLJ
LBHIX	+ 0.68	MSTSX
VSCIX	+ 0.67	LBHIX
VIASP	+ 0.67	VSCIX
LBHIX	+ 0.66	STEP

High negative correlations

STEP	- 0.57	WING
VIASP	- 0.55	WING
VSCIX	- 0.5	WING
RLJ	- 0.11	WING
LBHIX	- 0.1	WING
BBDC	- 0.06	WING

Risk-Adjusted Indicators

There is a big difference between Portillos Stock performing well and Portillos 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 Portillos' 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
WING	2.01	(0.42)	0.00	(0.18)	0.00	0.00	3.59	(4.14)	25.52
RLJ	1.14	0.03	0.03	0.14	1.20	(1.26)	2.42	(1.91)	9.84
AQUI	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
STEP	1.48	0.12	0.11	0.18	1.60	(1.67)	2.82	(2.12)	16.32
MSTSX	0.49	(0.03)	(0.12)	0.06	0.52	(0.61)	1.21	(1.02)	2.80
LBHIX	0.12	0.01	(0.39)	0.51	0.00	(0.28)	0.24	(0.24)	0.96
VSCIX	0.75	0.03	0.06	0.14	0.70	(0.84)	1.62	(1.24)	5.35
VIASP	0.75	0.08	(0.03)	(1.87)	1.12	(0.82)	2.28	(1.20)	7.18
BBDC	0.67	(0.01)	(0.07)	0.10	0.76	(0.72)	1.34	(1.12)	3.87

Portillos Corporate Management

Nicholas Scarpino	Senior Dining	Profile
Derrick Pratt	Chief Officer	Profile
Michelle Hook	CFO Treasurer	Profile
Jill Waite	Chief Officer	Profile
Keith Correia	Chief Officer	Profile

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