Treehouse Foods Correlations

THS Stock

USD 26.35 0.02 0.08%

The current 90-days correlation between Treehouse Foods and Lancaster Colony is 0.31 (i.e., Weak diversification). The correlation of Treehouse 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.

Treehouse Foods Correlation With Market

Good diversification

The correlation between Treehouse Foods and DJI is -0.02 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Treehouse Foods 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 Treehouse Foods. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

For more information on how to buy Treehouse Stock please use our How to Invest in Treehouse Foods guide.

Moving together with Treehouse Stock

0.61	FLO	Flowers Foods	Pair Corr
0.65	BRFS	BRF SA ADR	Pair Corr
0.7	GO	Grocery Outlet Holding	Pair Corr
0.63	LW	Lamb Weston Holdings	Pair Corr
0.64	DLTR	Dollar Tree	Pair Corr
0.81	DNUT	Krispy Kreme	Pair Corr
0.71	DTCK	Davis Commodities	Pair Corr
0.66	VINE	Fresh Grapes LLC	Pair Corr
0.8	VITL	Vital Farms	Pair Corr
0.7	EDBL	Edible Garden AG	Pair Corr
0.87	EEIQ	Elite Education Group	Pair Corr

Moving against Treehouse Stock

0.87	FMX	Fomento Economico	Pair Corr
0.86	MO	Altria Group	Pair Corr
0.85	BUD	Anheuser Busch Inbev	Pair Corr
0.82	KO	Coca Cola	Pair Corr
0.78	PM	Philip Morris Intern	Pair Corr
0.74	YI	111 Inc	Pair Corr
0.73	K	Kellanova	Pair Corr
0.7	BJ	BJs Wholesale Club	Pair Corr
0.69	DG	Dollar General	Pair Corr
0.69	GV	Visionary Education	Pair Corr
0.68	YQ	17 Education Technology	Pair Corr
0.66	KR	Kroger Company	Pair Corr
0.54	JZ	Jianzhi Education	Pair Corr
0.43	PG	Procter Gamble	Pair Corr
0.4	TR	Tootsie Roll Industries	Pair Corr
0.4	UL	Unilever PLC ADR	Pair Corr
0.78	VSTA	Vasta Platform	Pair Corr
0.72	WYHG	Wing Yip Food	Pair Corr
0.72	ACI	Albertsons Companies	Pair Corr
0.63	FARM	Farmer Bros	Pair Corr
0.55	WVVI	Willamette Valley Earnings Call This Week	Pair Corr
0.52	DOLE	Dole PLC	Pair Corr
0.52	BTI	British American Tobacco	Pair Corr
0.42	ACU	Acme United	Pair Corr

Related Correlations Analysis

	LANC	JBSS	SENEA	SENEB	POST	SMPL	JJSF	CENTA	BRBR	PPC
LANC		-0.46	0.61	0.02	0.68	0.25	-0.18	0.53	-0.07	0.83	LANC
JBSS	-0.46		-0.55	-0.61	-0.03	0.27	0.79	0.06	0.33	-0.69	JBSS
SENEA	0.61	-0.55		0.36	0.63	-0.23	-0.23	0.22	-0.63	0.74	SENEA
SENEB	0.02	-0.61	0.36		-0.19	-0.53	-0.69	-0.41	-0.51	0.32	SENEB
POST	0.68	-0.03	0.63	-0.19		0.33	0.4	0.58	-0.13	0.53	POST
SMPL	0.25	0.27	-0.23	-0.53	0.33		0.4	0.54	0.72	-0.04	SMPL
JJSF	-0.18	0.79	-0.23	-0.69	0.4	0.4		0.4	0.25	-0.42	JJSF
CENTA	0.53	0.06	0.22	-0.41	0.58	0.54	0.4		0.31	0.19	CENTA
BRBR	-0.07	0.33	-0.63	-0.51	-0.13	0.72	0.25	0.31		-0.37	BRBR
PPC	0.83	-0.69	0.74	0.32	0.53	-0.04	-0.42	0.19	-0.37		PPC
	LANC	JBSS	SENEA	SENEB	POST	SMPL	JJSF	CENTA	BRBR	PPC

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Please upgrade your account to get full access to Macroaxis premium features

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

PPC	+ 0.83	LANC
JJSF	+ 0.79	JBSS
PPC	+ 0.74	SENEA
BRBR	+ 0.72	SMPL
POST	+ 0.68	LANC
POST	+ 0.63	SENEA

High negative correlations

JJSF	- 0.69	SENEB
PPC	- 0.69	JBSS
BRBR	- 0.63	SENEA
SENEB	- 0.61	JBSS
SENEA	- 0.55	JBSS
SMPL	- 0.53	SENEB

Risk-Adjusted Indicators

There is a big difference between Treehouse Stock performing well and Treehouse 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 Treehouse 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
LANC	1.32	(0.13)	0.00	8.63	0.00	0.00	2.19	(2.73)	11.71
JBSS	1.34	(0.32)	0.00	(1.07)	0.00	0.00	2.11	(3.18)	13.09
SENEA	1.43	0.27	0.18	0.51	1.42	(1.62)	3.61	(2.43)	13.63
SENEB	1.85	0.58	0.21	1.25	1.50	(3.30)	7.46	(3.81)	18.07
POST	1.03	(0.10)	0.00	0.44	0.00	0.00	1.73	(2.20)	8.75
SMPL	1.34	(0.21)	0.00	(0.41)	0.00	0.00	2.27	(3.31)	10.02
JJSF	1.23	(0.42)	0.00	1.30	0.00	0.00	2.51	(3.31)	9.16
CENTA	1.51	(0.04)	0.00	(0.21)	0.00	0.00	2.53	(3.57)	11.78
BRBR	1.54	(0.15)	0.00	0.61	0.00	0.00	3.09	(4.16)	10.54
PPC	1.69	(0.02)	0.04	(0.05)	2.11	(1.68)	3.62	(4.16)	9.58

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC