Simply Good Correlations
| SMPL Stock | USD 33.00 0.32 0.96% |
The current 90-days correlation between Simply Good Foods and Post Holdings is 0.41 (i.e., Very weak diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Simply Good moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Simply Good Foods moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Simply Good Correlation With Market
Modest diversification
The correlation between Simply Good Foods and DJI is 0.28 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Simply Good Foods and DJI in the same portfolio, assuming nothing else is changed.
Simply |
Moving against Simply Stock
| 0.62 | GV | Visionary Education | PairCorr |
| 0.56 | IH | Ihuman Inc | PairCorr |
| 0.51 | K | Kellanova | PairCorr |
| 0.38 | BJ | BJs Wholesale Club | PairCorr |
| 0.31 | EDBLW | Edible Garden AG | PairCorr |
| 0.56 | VSTA | Vasta Platform | PairCorr |
| 0.51 | ACI | Albertsons Companies | PairCorr |
| 0.49 | EDTK | Skillful Craftsman | PairCorr |
| 0.35 | WVVI | Willamette Valley Earnings Call This Week | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Simply Stock performing well and Simply 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 Simply 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| POST | 1.00 | (0.06) | 0.00 | (0.27) | 0.00 | 1.73 | 8.75 | |||
| THS | 1.51 | (0.36) | 0.00 | (0.78) | 0.00 | 2.10 | 13.25 | |||
| JJSF | 1.23 | (0.41) | 0.00 | 16.69 | 0.00 | 2.51 | 9.16 | |||
| CENTA | 1.57 | (0.17) | 0.00 | (0.66) | 0.00 | 2.53 | 11.78 | |||
| HAIN | 3.51 | (0.98) | 0.00 | 3.10 | 0.00 | 5.25 | 27.76 | |||
| LANC | 1.32 | (0.12) | 0.00 | (0.23) | 0.00 | 2.19 | 11.71 | |||
| BRBR | 1.54 | (0.05) | 0.00 | (0.10) | 0.00 | 3.09 | 10.54 | |||
| SENEB | 1.96 | 0.67 | 0.24 | 1.41 | 1.45 | 7.46 | 18.07 | |||
| NATR | 1.62 | (0.29) | 0.00 | (0.87) | 0.00 | 3.43 | 12.09 |
Simply Good Corporate Management
| Stuart Heflin | Senior Quest | Profile | |
| Jeremy Ivie | Chief Officer | Profile | |
| Ryan Thomas | Senior Atkins | Profile | |
| Timothy Kraft | General Counsel, Corporate Secretary | Profile | |
| Jason Bendure | Senior Operations | Profile | |
| Stamati Arakas | Senior eCommerce | Profile | |
| Jennifer Livingston | Director Communications | Profile |