One Group Correlations

STKS Stock

USD 2.89 0.09 3.21%

The correlation of One 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.

One Group Correlation With Market

Very weak diversification

The correlation between One Group Hospitality and DJI is 0.56 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding One Group Hospitality 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 One Group Hospitality. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.

Moving together with One Stock

0.73	FATBB	FAT Brands	Pair Corr
0.63	W	Wayfair Buyout Trend	Pair Corr
0.82	HD	Home Depot	Pair Corr
0.62	RH	RH Earnings Call This Week	Pair Corr
0.73	EWCZ	European Wax Center	Pair Corr
0.77	BLD	Topbuild Corp	Pair Corr
0.61	DDS	Dillards	Pair Corr
0.8	DKS	Dicks Sporting Goods	Pair Corr
0.67	GIL	Gildan Activewear	Pair Corr

Moving against One Stock

0.43	YUM	Yum Brands	Pair Corr
0.35	MCD	McDonalds	Pair Corr
0.31	PZZA	Papa Johns International	Pair Corr

Related Correlations Analysis

	CHUY	FATBB	PBPB	BJRI	RAVE	ARKR	BDL	FRGI	NROM	FATBP
CHUY		0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	CHUY
FATBB	0.0		0.82	0.33	-0.61	0.25	0.33	0.0	0.49	0.46	FATBB
PBPB	0.0	0.82		0.51	-0.46	0.16	0.23	0.0	0.63	0.46	PBPB
BJRI	0.0	0.33	0.51		-0.03	0.17	-0.05	0.0	0.26	-0.02	BJRI
RAVE	0.0	-0.61	-0.46	-0.03		-0.5	-0.01	0.0	-0.46	-0.18	RAVE
ARKR	0.0	0.25	0.16	0.17	-0.5		0.07	0.0	0.59	0.21	ARKR
BDL	0.0	0.33	0.23	-0.05	-0.01	0.07		0.0	0.11	0.45	BDL
FRGI	0.0	0.0	0.0	0.0	0.0	0.0	0.0		0.0	0.0	FRGI
NROM	0.0	0.49	0.63	0.26	-0.46	0.59	0.11	0.0		0.35	NROM
FATBP	0.0	0.46	0.46	-0.02	-0.18	0.21	0.45	0.0	0.35		FATBP
	CHUY	FATBB	PBPB	BJRI	RAVE	ARKR	BDL	FRGI	NROM	FATBP

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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

PBPB	+ 0.82	FATBB
NROM	+ 0.63	PBPB
NROM	+ 0.59	ARKR
BJRI	+ 0.51	PBPB
NROM	+ 0.49	FATBB
FATBP	+ 0.46	FATBB

High negative correlations

RAVE	- 0.61	FATBB
ARKR	- 0.5	RAVE
NROM	- 0.46	RAVE
RAVE	- 0.46	PBPB
FATBP	- 0.18	RAVE
BDL	- 0.05	BJRI

Risk-Adjusted Indicators

There is a big difference between One Stock performing well and One 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 One 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
CHUY	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
FATBB	4.13	0.21	0.04	(0.44)	5.61	(4.25)	8.43	(9.85)	32.00
PBPB	2.54	0.12	0.04	(0.29)	4.20	(2.73)	4.94	(4.51)	32.87
BJRI	1.67	0.01	0.00	(0.03)	0.00	0.00	3.35	(3.91)	13.32
RAVE	2.50	0.05	0.01	0.00	3.01	(3.18)	4.93	(4.63)	26.27
ARKR	2.98	(0.20)	0.00	(0.43)	0.00	0.00	4.61	(7.81)	24.40
BDL	1.09	(0.01)	0.00	0.26	0.00	0.00	2.30	(2.57)	7.74
FRGI	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NROM	7.03	0.24	0.03	(0.18)	8.15	(13.72)	22.50	(16.67)	53.47
FATBP	0.60	0.05	0.11	1.24	0.61	(0.86)	1.57	(1.04)	6.36

One Group Corporate Management

Daniel Cunningham	Chief Officer	Profile
Maria Woods	General Counsel	Profile
Christi Hing	Secretary	Profile
Caroline Baker	Senior Operations	Profile

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