Real Good Correlations

Summary

RGFDelisted Stock

USD 0.14 0.00 0.00%

The correlation of Real Good 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.

Real Good Correlation With Market

Good diversification

The correlation between Real Good Food and DJI is -0.17 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Real Good Food and DJI in the same portfolio, assuming nothing else is changed.

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

Moving together with Real Stock

0.65

AXP

American Express

Pair Corr

Moving against Real Stock

0.58	HPQ	HP Inc Earnings Call Today	Pair Corr
0.53	VZ	Verizon Communications Aggressive Push	Pair Corr
0.51	PG	Procter Gamble	Pair Corr
0.48	PBCRY	Bank Central Asia	Pair Corr
0.48	AA	Alcoa Corp	Pair Corr
0.35	WF	Woori Financial Group	Pair Corr
0.34	PPERY	Bank Mandiri Persero	Pair Corr
0.32	PPERF	Bank Mandiri Persero	Pair Corr
0.32	PTBRY	Bank Negara Indonesia	Pair Corr

Related Correlations Analysis

	SENEA	CENTA	CENT	NATR	ASBFF	LANC	THS	JBSS	SENEB	BRBR
SENEA		0.24	0.18	-0.38	0.06	0.44	-0.4	-0.3	0.27	-0.06	SENEA
CENTA	0.24		0.99	0.65	0.26	0.64	0.0	0.13	-0.39	0.56	CENTA
CENT	0.18	0.99		0.66	0.25	0.55	0.08	0.21	-0.42	0.57	CENT
NATR	-0.38	0.65	0.66		0.32	0.3	0.34	0.47	-0.62	0.49	NATR
ASBFF	0.06	0.26	0.25	0.32		0.09	-0.06	0.34	-0.33	-0.29	ASBFF
LANC	0.44	0.64	0.55	0.3	0.09		-0.45	-0.34	-0.11	0.31	LANC
THS	-0.4	0.0	0.08	0.34	-0.06	-0.45		0.49	-0.28	0.24	THS
JBSS	-0.3	0.13	0.21	0.47	0.34	-0.34	0.49		-0.48	0.0	JBSS
SENEB	0.27	-0.39	-0.42	-0.62	-0.33	-0.11	-0.28	-0.48		-0.16	SENEB
BRBR	-0.06	0.56	0.57	0.49	-0.29	0.31	0.24	0.0	-0.16		BRBR
	SENEA	CENTA	CENT	NATR	ASBFF	LANC	THS	JBSS	SENEB	BRBR

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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	+ 0.99	CENTA
NATR	+ 0.66	CENT
NATR	+ 0.65	CENTA
LANC	+ 0.64	CENTA
BRBR	+ 0.57	CENT
BRBR	+ 0.56	CENTA

High negative correlations

SENEB	- 0.62	NATR
SENEB	- 0.48	JBSS
THS	- 0.45	LANC
SENEB	- 0.42	CENT
THS	- 0.4	SENEA
SENEB	- 0.39	CENTA

Risk-Adjusted Indicators

There is a big difference between Real Stock performing well and Real Good 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 Real Good'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	1.30	0.24	0.15	0.47	1.30	(1.41)	2.87	(2.32)	13.63
CENTA	1.53	(0.01)	(0.01)	(0.06)	1.87	(1.69)	2.81	(3.57)	11.78
CENT	1.58	(0.06)	0.00	(0.43)	0.00	0.00	2.65	(4.13)	12.47
NATR	1.51	(0.15)	0.00	(0.14)	0.00	0.00	3.43	(3.34)	10.84
ASBFF	0.44	(0.12)	0.00	0.46	0.00	0.00	1.26	(0.25)	6.95
LANC	1.31	0.14	0.09	0.22	1.45	(1.42)	2.81	(2.41)	11.42
THS	1.45	(0.03)	0.00	(0.04)	0.00	0.00	2.54	(3.55)	13.25
JBSS	1.36	(0.16)	0.00	(0.30)	0.00	0.00	2.11	(2.94)	13.65
SENEB	1.61	0.38	0.13	1.01	1.55	(2.78)	4.05	(3.81)	18.07
BRBR	1.31	(0.02)	0.00	(0.02)	0.00	0.00	2.80	(2.57)	9.05

View Real Good Related Equities

Seneca Foods Corp Central Garden Pet Central Garden Pet Natures Sunshine Products Associated British Foods Lancaster Colony Treehouse Foods John B Sanfilippo Seneca Foods Corp Bellring Brands LLC Hostess Brands Nomad Foods McCormick Company Incorporated Lifeway Foods Lifevantage

Risk & Return

Correlation

Real Good Corporate Management

Andrew Stiffelman	Chief Officer	Profile
Mark Dietz	Senior Operations	Profile
Tim Zimmer	Chief Officer	Profile
James Behling	Chief Officer	Profile
Akshay Jagdale	Chief Officer	Profile

Still Interested in Real Good Food?

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