SharkNinja, Correlations

SN Stock  USD 108.78  4.11  3.93%   
The current 90-days correlation between SharkNinja, and The Mosaic is 0.18 (i.e., Average 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

Average diversification

The correlation between SharkNinja, and DJI is 0.13 (i.e., Average 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

  0.62FGI FGI IndustriesPairCorr
  0.82PATK Patrick IndustriesPairCorr
  0.87AN AutoNationPairCorr
  0.7AS Amer Sports,PairCorr
  0.89EM Smart Share GlobalPairCorr
  0.7JL J Long GroupPairCorr

Moving against SharkNinja, Stock

  0.57HOFT Hooker FurniturePairCorr
  0.52FLXS Flexsteel IndustriesPairCorr
  0.51ATER AterianPairCorr
  0.49AMWD American Woodmark Earnings Call TodayPairCorr
  0.41F Ford Motor Earnings Call TodayPairCorr
  0.35FGIWW FGI IndustriesPairCorr
  0.69FL Foot Locker Earnings Call This WeekPairCorr
  0.63M Macys Inc Earnings Call TodayPairCorr
  0.54GM General Motors Aggressive PushPairCorr
  0.37BC BrunswickPairCorr
  0.37BQ Boqii Holding LimitedPairCorr
  0.74DOGZ Dogness International Earnings Call TodayPairCorr
  0.66DNUT Krispy KremePairCorr
  0.57LE Lands End Downward RallyPairCorr
  0.56VC Visteon CorpPairCorr

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   
MYTEGPI
CDWGPI
CDWMOS
CDWMYTE
MOSGPI
GPILOGC
  
High negative correlations   
PETSMYTE
ECVTPETS
KBDCYPETS
ECVTKBDCY
PETSGPI
CDWPETS

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