SharkNinja, Correlations

SN Stock  USD 90.26  3.43  3.95%   
The current 90-days correlation between SharkNinja, and Roblox Corp is 0.39 (i.e., Weak diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as SharkNinja, moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SharkNinja, moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

SharkNinja, Correlation With Market

Very weak diversification

The correlation between SharkNinja, and DJI is 0.41 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding SharkNinja, and DJI in the same portfolio, assuming nothing else is changed.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SharkNinja,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in SharkNinja, Stock, please use our How to Invest in SharkNinja, guide.

Moving together with SharkNinja, Stock

  0.66ETD Ethan Allen InteriorsPairCorr
  0.67LEG Leggett PlattPairCorr
  0.88LZB La Z BoyPairCorr
  0.83MBC MasterBrandPairCorr
  0.69SGI Somnigroup International Symbol ChangePairCorr
  0.7KEQU Kewaunee ScientificPairCorr
  0.78PATK Patrick IndustriesPairCorr
  0.81PRPL Purple InnovationPairCorr
  0.66W WayfairPairCorr
  0.72DIBS 1StdibsComPairCorr
  0.92AN AutoNationPairCorr
  0.8AS Amer Sports,PairCorr

Moving against SharkNinja, Stock

  0.59VIOT Viomi Technology ADR Earnings Call This WeekPairCorr
  0.5HBB Hamilton Beach BrandsPairCorr
  0.39EFOI Energy Focu Earnings Call TodayPairCorr
  0.39BSET Bassett FurniturePairCorr

Related Correlations Analysis

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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   
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GLXZKDP
CCUKDP
GLXZABEV
  
High negative correlations   
RBLXABEV
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RBLXKDP
ABEVWVVIP
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GLXZWVVIP

Risk-Adjusted Indicators

There is a big difference between SharkNinja, Stock performing well and SharkNinja, 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 SharkNinja,'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.

SharkNinja, Corporate Management

Larry FlynnInterim OfficerProfile
Arvind CFASenior RelationsProfile
Sanjeev SobtiSenior OfficerProfile
Elizabeth NorbergExecutive OfficerProfile
Patraic ReaganChief OfficerProfile