USANA Health Correlations

USNA Stock

USD 33.21 1.25 3.91%

The current 90-days correlation between USANA Health Sciences and J J Snack is -0.03 (i.e., Good diversification). The correlation of USANA Health 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.

USANA Health Correlation With Market

Modest diversification

The correlation between USANA Health Sciences and DJI is 0.2 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding USANA Health Sciences 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 USANA Health Sciences. 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.

Moving together with USANA Stock

0.84	CL	Colgate Palmolive	Pair Corr
0.72	ACU	Acme United Earnings Call Today	Pair Corr
0.9	CLX	Clorox	Pair Corr
0.74	ELF	ELF Beauty	Pair Corr
0.93	ENR	Energizer Holdings	Pair Corr
0.87	EPC	Edgewell Personal Care	Pair Corr
0.61	FTLF	FitLife Brands, Common	Pair Corr
0.84	MED	MEDIFAST INC	Pair Corr
0.71	RAY	Raytech Holding	Pair Corr
0.89	SPB	Spectrum Brands Holdings	Pair Corr
0.7	YSG	Yatsen Holding Downward Rally	Pair Corr
0.85	HELE	Helen of Troy	Pair Corr
0.84	HNST	Honest Company	Pair Corr
0.68	KVUE	Kenvue Inc Aggressive Push	Pair Corr
0.89	SHOT	Safety Shot	Pair Corr
0.7	COTY	Coty Inc	Pair Corr
0.93	BG	Bunge Limited	Pair Corr

Moving against USANA Stock

0.79	UG	United Guardian	Pair Corr
0.62	HIMS	Hims Hers Health	Pair Corr
0.56	EWCZ	European Wax Center	Pair Corr
0.52	GROV	Virgin Group Acquisition Earnings Call This Week	Pair Corr
0.84	K	Kellanova Earnings Call Today	Pair Corr
0.66	KR	Kroger Company Earnings Call This Week	Pair Corr
0.65	BJ	BJs Wholesale Club Earnings Call This Week	Pair Corr
0.62	LFVN	Lifevantage	Pair Corr
0.5	DLTR	Dollar Tree	Pair Corr
0.46	SKIN	Beauty Health	Pair Corr
0.46	KO	Coca Cola Aggressive Push	Pair Corr
0.46	PM	Philip Morris Intern	Pair Corr
0.39	MTEX	Mannatech Incorporated	Pair Corr
0.39	VITL	Vital Farms Earnings Call This Week	Pair Corr
0.34	TKLF	Yoshitsu	Pair Corr

Related Correlations Analysis

	JJSF	LANC	SENEB	SENEA	BRID	BRBR	POST	SMPL	THS	CENTA
JJSF		0.0	-0.65	-0.34	-0.36	0.27	0.65	0.56	0.42	0.54	JJSF
LANC	0.0		-0.09	0.33	-0.23	0.26	0.62	0.43	-0.48	0.56	LANC
SENEB	-0.65	-0.09		0.32	0.38	-0.2	-0.52	-0.34	-0.31	-0.4	SENEB
SENEA	-0.34	0.33	0.32		0.54	-0.22	0.14	0.01	-0.4	0.24	SENEA
BRID	-0.36	-0.23	0.38	0.54		-0.23	-0.37	-0.3	0.06	-0.13	BRID
BRBR	0.27	0.26	-0.2	-0.22	-0.23		0.35	0.69	0.3	0.48	BRBR
POST	0.65	0.62	-0.52	0.14	-0.37	0.35		0.7	-0.11	0.81	POST
SMPL	0.56	0.43	-0.34	0.01	-0.3	0.69	0.7		0.2	0.7	SMPL
THS	0.42	-0.48	-0.31	-0.4	0.06	0.3	-0.11	0.2		0.0	THS
CENTA	0.54	0.56	-0.4	0.24	-0.13	0.48	0.81	0.7	0.0		CENTA
	JJSF	LANC	SENEB	SENEA	BRID	BRBR	POST	SMPL	THS	CENTA

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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

CENTA	+ 0.81	POST
SMPL	+ 0.7	POST
CENTA	+ 0.7	SMPL
SMPL	+ 0.69	BRBR
POST	+ 0.65	JJSF
POST	+ 0.62	LANC

High negative correlations

SENEB	- 0.65	JJSF
POST	- 0.52	SENEB
THS	- 0.48	LANC
THS	- 0.4	SENEA
CENTA	- 0.4	SENEB
POST	- 0.37	BRID

Risk-Adjusted Indicators

There is a big difference between USANA Stock performing well and USANA Health 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 USANA Health'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
JJSF	1.25	(0.31)	0.00	1.25	0.00	0.00	2.25	(3.30)	9.17
LANC	1.35	0.11	0.07	0.15	1.58	(1.42)	2.81	(2.50)	11.42
SENEB	1.69	0.45	0.16	1.33	1.53	(2.96)	4.66	(3.81)	18.07
SENEA	1.30	0.25	0.15	(2.76)	1.30	(1.41)	2.87	(2.32)	13.63
BRID	1.41	0.27	0.14	1.38	1.47	(1.62)	3.60	(2.70)	10.57
BRBR	1.32	(0.03)	0.00	(0.03)	0.00	0.00	2.80	(2.57)	9.05
POST	1.02	0.04	0.03	0.19	1.22	(1.07)	2.07	(2.03)	8.75
SMPL	1.18	(0.03)	0.00	(0.05)	0.00	0.00	3.00	(3.03)	9.43
THS	1.45	(0.02)	0.00	(0.12)	0.00	0.00	2.54	(3.55)	13.25
CENTA	1.53	(0.01)	0.00	0.02	1.87	(1.69)	2.81	(3.57)	11.78

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