Tattooed Chef Correlations
| TTCFDelisted Stock | USD 0.07 0.01 8.96% |
The correlation of Tattooed Chef 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.
Tattooed Chef Correlation With Market
Average diversification
The correlation between Tattooed Chef and DJI is 0.11 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Tattooed Chef and DJI in the same portfolio, assuming nothing else is changed.
Tattooed |
Moving together with Tattooed Stock
| 0.67 | PFE | Pfizer Inc Fiscal Year End 4th of February 2025 | PairCorr |
| 0.87 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
Moving against Tattooed Stock
| 0.94 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
| 0.91 | CSCO | Cisco Systems Aggressive Push | PairCorr |
| 0.87 | CVX | Chevron Corp Fiscal Year End 7th of February 2025 | PairCorr |
| 0.87 | HD | Home Depot | PairCorr |
| 0.86 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.82 | JXN-PA | Jackson Financial | PairCorr |
| 0.79 | WMT | Walmart Aggressive Push | PairCorr |
| 0.78 | DIS | Walt Disney Aggressive Push | PairCorr |
| 0.77 | BAC | Bank of America Fiscal Year End 10th of January 2025 | PairCorr |
| 0.76 | HPQ | HP Inc | PairCorr |
| 0.73 | XOM | Exxon Mobil Corp Sell-off Trend | PairCorr |
| 0.72 | JPM | JPMorgan Chase Fiscal Year End 10th of January 2025 | PairCorr |
| 0.7 | TRV | The Travelers Companies Fiscal Year End 17th of January 2025 | PairCorr |
| 0.68 | FSTF | First State Financial | PairCorr |
| 0.32 | DD | Dupont De Nemours Fiscal Year End 4th of February 2025 | 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 Tattooed Stock performing well and Tattooed Chef 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 Tattooed Chef'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| KHC | 0.83 | (0.19) | 0.00 | (0.27) | 0.00 | 1.40 | 4.71 | |||
| HRL | 0.98 | 0.00 | (0.06) | 0.10 | 1.65 | 1.80 | 8.22 | |||
| SMFL | 10.70 | (3.59) | 0.00 | 0.72 | 0.00 | 17.44 | 142.62 | |||
| K | 0.14 | 0.01 | (0.53) | 0.23 | 0.03 | 0.37 | 0.92 | |||
| BSFC | 6.77 | (1.57) | 0.00 | (2.18) | 0.00 | 11.11 | 70.38 | |||
| BON | 4.14 | (0.17) | 0.00 | (0.02) | 0.00 | 9.80 | 25.24 | |||
| NUZE | 17.63 | 4.49 | 0.28 | (0.29) | 9.76 | 6.45 | 565.24 | |||
| GHAV | 6.36 | 0.00 | (0.01) | 0.11 | 8.49 | 20.00 | 49.49 | |||
| GIS | 0.75 | (0.07) | 0.00 | 0.57 | 0.00 | 1.31 | 4.70 | |||
| CAG | 0.90 | (0.17) | 0.00 | (0.84) | 0.00 | 1.71 | 10.38 |
Tattooed Chef Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Tattooed Chef stock to make a market-neutral strategy. Peer analysis of Tattooed Chef could also be used in its relative valuation, which is a method of valuing Tattooed Chef by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Tattooed Chef Corporate Management
| Stephanie Dieckmann | CFO Sec | Profile | |
| Matthew Williams | Chief Officer | Profile | |
| Sarah Galletti | Chief Officer | Profile | |
| Rachel Perkins | Investor Officer | Profile | |
| Salvatore Galletti | President, Founder | Profile | |
| Giuseppe Bardari | Pres Italy | Profile | |
| Gaspare Guarrasi | Chief Officer | Profile |
Still Interested in Tattooed Chef?
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