RCI Hospitality Correlations

RICK Stock

USD 46.56 0.37 0.79%

The current 90-days correlation between RCI Hospitality Holdings and Bloomin Brands is 0.24 (i.e., Modest diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as RCI Hospitality moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if RCI Hospitality Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

RCI Hospitality Correlation With Market

Average diversification

The correlation between RCI Hospitality Holdings and DJI is 0.16 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding RCI Hospitality Holdings 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 RCI Hospitality Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Moving together with RCI Stock

0.68	BH	Biglari Holdings	Pair Corr
0.82	WING	Wingstop	Pair Corr
0.87	CMG	Chipotle Mexican Grill Sell-off Trend	Pair Corr
0.82	DIN	Dine Brands Global	Pair Corr
0.68	LOCO	El Pollo Loco	Pair Corr
0.89	BLMN	Bloomin Brands	Pair Corr
0.84	M	Macys Inc	Pair Corr
0.86	W	Wayfair Trending	Pair Corr
0.66	HD	Home Depot	Pair Corr
0.88	RH	RH Earnings Call Tomorrow	Pair Corr
0.86	UA	Under Armour C	Pair Corr
0.71	VNCE	Vince Holding Corp	Pair Corr
0.93	VSCO	Victorias Secret	Pair Corr
0.81	ETSY	Etsy Inc Buyout Trend	Pair Corr
0.7	BBY	Best Buy Sell-off Trend	Pair Corr
0.74	BZH	Beazer Homes USA	Pair Corr
0.63	CCS	Century Communities	Pair Corr
0.72	DDS	Dillards	Pair Corr
0.74	DKS	Dicks Sporting Goods	Pair Corr
0.85	XELB	Xcel Brands Trending	Pair Corr
0.8	FND	Floor Decor Holdings	Pair Corr
0.78	HOV	Hovnanian Enterprises	Pair Corr

Moving against RCI Stock

0.84	VIPS	Vipshop Holdings	Pair Corr
0.81	YUM	Yum Brands Sell-off Trend	Pair Corr
0.68	NATH	Nathans Famous	Pair Corr
0.68	JD	JD Inc Adr	Pair Corr
0.66	MCD	McDonalds	Pair Corr
0.55	PZZA	Papa Johns International	Pair Corr
0.34	DRI	Darden Restaurants	Pair Corr
0.85	AZO	AutoZone	Pair Corr
0.48	JWN	Nordstrom	Pair Corr

Related Correlations Analysis

	EAT	BLMN	BJRI	CHUY	DENN	FRGI	NATH	GTIM	FATBB	LOCO
EAT		0.25	0.44	0.0	0.28	0.0	0.14	0.19	0.9	0.43	EAT
BLMN	0.25		0.44	0.0	0.92	0.0	-0.61	0.43	0.38	0.84	BLMN
BJRI	0.44	0.44		0.0	0.41	0.0	0.15	0.48	0.33	0.48	BJRI
CHUY	0.0	0.0	0.0		0.0	0.0	0.0	0.0	0.0	0.0	CHUY
DENN	0.28	0.92	0.41	0.0		0.0	-0.69	0.55	0.39	0.75	DENN
FRGI	0.0	0.0	0.0	0.0	0.0		0.0	0.0	0.0	0.0	FRGI
NATH	0.14	-0.61	0.15	0.0	-0.69	0.0		-0.25	0.03	-0.26	NATH
GTIM	0.19	0.43	0.48	0.0	0.55	0.0	-0.25		0.19	0.34	GTIM
FATBB	0.9	0.38	0.33	0.0	0.39	0.0	0.03	0.19		0.51	FATBB
LOCO	0.43	0.84	0.48	0.0	0.75	0.0	-0.26	0.34	0.51		LOCO
	EAT	BLMN	BJRI	CHUY	DENN	FRGI	NATH	GTIM	FATBB	LOCO

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Please upgrade your account to get full access to Macroaxis premium features

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

DENN	+ 0.92	BLMN
FATBB	+ 0.9	EAT
LOCO	+ 0.84	BLMN
LOCO	+ 0.75	DENN
GTIM	+ 0.55	DENN
LOCO	+ 0.51	FATBB

High negative correlations

NATH	- 0.69	DENN
NATH	- 0.61	BLMN
LOCO	- 0.26	NATH
GTIM	- 0.25	NATH
LOCO	- 0.0	FRGI
FATBB	- 0.0	FRGI

Risk-Adjusted Indicators

There is a big difference between RCI Stock performing well and RCI Hospitality 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 RCI Hospitality'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
EAT	2.82	0.36	0.10	0.16	3.23	(3.21)	5.99	(5.64)	24.04
BLMN	3.08	(0.48)	0.00	(0.34)	0.00	0.00	6.36	(6.39)	26.53
BJRI	1.67	0.01	0.00	(0.03)	0.00	0.00	3.35	(3.91)	13.32
CHUY	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
DENN	2.85	(0.58)	0.00	(0.62)	0.00	0.00	5.40	(8.45)	30.15
FRGI	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NATH	1.52	0.18	0.10	0.15	1.69	(1.77)	2.68	(3.00)	18.28
GTIM	1.41	0.00	0.00	(0.05)	0.00	0.00	3.25	(3.57)	8.35
FATBB	4.13	0.21	0.04	(0.44)	5.61	(4.25)	8.43	(9.85)	32.00
LOCO	1.46	(0.25)	0.00	(0.26)	0.00	0.00	2.44	(3.12)	10.46

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC