Revolve Group Correlations

RVLV Stock

USD 22.16 0.22 1.00%

The correlation of Revolve Group 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.

Revolve Group Correlation With Market

Very weak diversification

The correlation between Revolve Group LLC and DJI is 0.46 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Revolve Group LLC 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 Revolve Group LLC. 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.

Moving together with Revolve Stock

0.84	M	Macys Inc	Pair Corr
0.9	W	Wayfair	Pair Corr
0.72	HD	Home Depot	Pair Corr
0.86	RH	RH Earnings Call This Week	Pair Corr
0.94	VSCO	Victorias Secret	Pair Corr
0.87	WEYS	Weyco Group	Pair Corr
0.92	ETSY	Etsy Inc	Pair Corr
0.89	WOOF	Pet Acquisition LLC	Pair Corr
0.84	ASO	Academy Sports Outdoors	Pair Corr
0.72	BBY	Best Buy	Pair Corr
0.7	DDS	Dillards	Pair Corr
0.69	DKS	Dicks Sporting Goods	Pair Corr
0.86	XELB	Xcel Brands	Pair Corr
0.87	FND	Floor Decor Holdings	Pair Corr
0.89	KSS	Kohls Corp	Pair Corr
0.71	LOW	Lowes Companies	Pair Corr
0.82	GLBE	Global E Online	Pair Corr
0.9	JMIA	Jumia Technologies	Pair Corr
0.91	KIRK	Kirklands	Pair Corr
0.87	RENT	Rent the Runway	Pair Corr
0.79	BOOT	Boot Barn Holdings	Pair Corr
0.85	ULTA	Ulta Beauty	Pair Corr
0.67	BH	Biglari Holdings	Pair Corr

Moving against Revolve Stock

0.83	VIPS	Vipshop Holdings	Pair Corr
0.77	AZO	AutoZone	Pair Corr
0.68	JD	JD Inc Adr	Pair Corr
0.67	PDD	PDD Holdings	Pair Corr
0.62	ORLY	OReilly Automotive	Pair Corr
0.61	JWN	Nordstrom	Pair Corr
0.61	MELI	MercadoLibre	Pair Corr
0.45	GRPN	Groupon	Pair Corr
0.8	BABA	Alibaba Group Holding	Pair Corr
0.8	IH	Ihuman Inc	Pair Corr
0.5	GHC	Graham Holdings	Pair Corr
0.43	DRI	Darden Restaurants	Pair Corr
0.31	DPZ	Dominos Pizza Common	Pair Corr

Related Correlations Analysis

	SE	MELI	JMIA	PDD	FTCH	GLBE	VIPS	JD	W	ETSY
SE		0.86	-0.55	0.88	0.0	-0.39	0.8	0.83	-0.42	-0.42	SE
MELI	0.86		-0.63	0.9	0.0	-0.45	0.73	0.8	-0.42	-0.44	MELI
JMIA	-0.55	-0.63		-0.61	0.0	0.94	-0.77	-0.62	0.89	0.86	JMIA
PDD	0.88	0.9	-0.61		0.0	-0.47	0.84	0.88	-0.49	-0.54	PDD
FTCH	0.0	0.0	0.0	0.0		0.0	0.0	0.0	0.0	0.0	FTCH
GLBE	-0.39	-0.45	0.94	-0.47	0.0		-0.68	-0.48	0.91	0.83	GLBE
VIPS	0.8	0.73	-0.77	0.84	0.0	-0.68		0.9	-0.74	-0.74	VIPS
JD	0.83	0.8	-0.62	0.88	0.0	-0.48	0.9		-0.51	-0.55	JD
W	-0.42	-0.42	0.89	-0.49	0.0	0.91	-0.74	-0.51		0.9	W
ETSY	-0.42	-0.44	0.86	-0.54	0.0	0.83	-0.74	-0.55	0.9		ETSY
	SE	MELI	JMIA	PDD	FTCH	GLBE	VIPS	JD	W	ETSY

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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

GLBE	+ 0.94	JMIA
W	+ 0.91	GLBE
PDD	+ 0.9	MELI
JD	+ 0.9	VIPS
ETSY	+ 0.9	W
W	+ 0.89	JMIA

High negative correlations

VIPS	- 0.77	JMIA
ETSY	- 0.74	VIPS
W	- 0.74	VIPS
VIPS	- 0.68	GLBE
JMIA	- 0.63	MELI
JD	- 0.62	JMIA

Risk-Adjusted Indicators

There is a big difference between Revolve Stock performing well and Revolve Group 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 Revolve Group'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
SE	2.07	0.22	0.08	0.13	2.55	(2.11)	4.09	(4.15)	16.75
MELI	1.77	0.26	0.15	0.47	1.83	(2.11)	3.92	(3.20)	12.01
JMIA	3.42	(0.62)	0.00	(0.44)	0.00	0.00	5.13	(6.67)	33.90
PDD	2.26	0.39	0.15	0.73	2.63	(2.69)	5.57	(4.20)	17.18
FTCH	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
GLBE	2.10	(0.46)	0.00	(0.41)	0.00	0.00	3.14	(3.94)	21.69
VIPS	2.17	0.34	0.16	0.46	1.98	(2.61)	5.76	(3.34)	11.07
JD	2.52	0.28	0.10	0.30	2.76	(2.75)	5.22	(4.13)	17.44
W	3.08	(0.45)	0.00	(0.27)	0.00	0.00	5.77	(7.62)	17.27
ETSY	1.97	(0.33)	0.00	(0.58)	0.00	0.00	4.38	(4.65)	15.08

Revolve Group Corporate Management

Hadley Mullin	Lead Independent Director	Profile
Oana Ruxandra	Director	Profile
Jodi Chapin	General Secretary	Profile
Melanie Cox	Independent Director	Profile
CFA CFA	VP Relations	Profile
Lauren Yerkes	Chief Officer	Profile
Mitch Moseley	Chief Brands	Profile

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