Stryve Foods Correlations
| SNAXDelisted Stock | USD 0.66 0.06 10.00% |
The current 90-days correlation between Stryve Foods and Bit Origin is -0.08 (i.e., Good diversification). The correlation of Stryve Foods 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.
Stryve Foods Correlation With Market
Good diversification
The correlation between Stryve Foods and DJI is -0.07 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Stryve Foods and DJI in the same portfolio, assuming nothing else is changed.
Stryve |
Moving together with Stryve Stock
Moving against Stryve Stock
| 0.64 | K | Kellanova | PairCorr |
| 0.62 | WYHG | Wing Yip Food | PairCorr |
| 0.57 | BRLSW | Borealis Foods | PairCorr |
| 0.52 | BOF | BranchOut Food Common | PairCorr |
| 0.45 | NOMD | Nomad Foods | PairCorr |
| 0.37 | JVA | Coffee Holding | PairCorr |
| 0.41 | MKC | McCormick Company Earnings Call This Week | PairCorr |
| 0.38 | PPC | Pilgrims Pride Corp | PairCorr |
| 0.36 | SENEB | Seneca Foods Corp | 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 Stryve Stock performing well and Stryve Foods 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 Stryve Foods' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BTOG | 9.93 | (0.50) | 0.00 | (0.58) | 0.00 | 14.81 | 148.46 | |||
| LSF | 3.81 | (0.37) | 0.00 | (0.29) | 0.00 | 7.59 | 28.35 | |||
| PLAG | 3.99 | (0.63) | 0.00 | 9.57 | 0.00 | 8.95 | 22.70 | |||
| PFODF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| BTTR | 3.51 | (0.40) | 0.00 | (0.35) | 0.00 | 5.33 | 30.68 | |||
| BABYF | 10.97 | 1.31 | 0.09 | (0.81) | 12.05 | 30.77 | 121.43 | |||
| INBP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| RIBT | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| MMMB | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
View Stryve Foods Related Equities
| Risk & Return | Correlation |
Stryve Foods Corporate Management
| Norma Garcia | Corporate Counsel | Profile | |
| Katie Grady | Chief Officer | Profile | |
| Sandy Martin | Investor Contact | Profile | |
| Christopher Boever | CEO Director | Profile | |
| Warren Pala | Chief Officer | Profile | |
| Jerry Goldner | Chief Officer | Profile | |
| Eric Fleming | Chief Officer | Profile |
Still Interested in Stryve Foods?
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