Viking Holdings Correlations

VIK Stock

39.42 0.55 1.38%

The current 90-days correlation between Viking Holdings and GameStop Corp is 0.23 (i.e., Modest diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Viking Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Viking Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Viking Holdings Correlation With Market

Very weak diversification

The correlation between Viking Holdings and DJI is 0.47 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Viking Holdings 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 Viking Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

For more information on how to buy Viking Stock please use our How to buy in Viking Stock guide.

Moving together with Viking Stock

0.78	FLUT	Flutter Entertainment plc	Pair Corr
0.84	CSV	Carriage Services	Pair Corr
0.77	EAT	Brinker International	Pair Corr
0.73	FAT	FAT Brands	Pair Corr
0.66	FTDR	Frontdoor	Pair Corr
0.85	FWRG	First Watch Restaurant	Pair Corr
0.86	OSW	OneSpaWorld Holdings	Pair Corr
0.81	XPOF	Xponential Fitness	Pair Corr
0.63	RSI	Rush Street Interactive	Pair Corr
0.78	FATBB	FAT Brands	Pair Corr
0.81	INSE	Inspired Entertainment	Pair Corr
0.7	LIND	Lindblad Expeditions	Pair Corr
0.71	LOCO	El Pollo Loco	Pair Corr
0.66	NDLS	Noodles Company	Pair Corr
0.87	PBPB	Potbelly	Pair Corr

Moving against Viking Stock

0.48	WEN	The Wendys	Pair Corr
0.34	QSR	Restaurant Brands	Pair Corr
0.34	GENK	GEN Restaurant Group,	Pair Corr
0.52	RAVE	Rave Restaurant Group	Pair Corr
0.47	SDOT	Sadot Group	Pair Corr

Related Correlations Analysis

	TOMDF	ATEC	AMGN	GME	EYE	HCM	BRAG	JYNT
TOMDF		0.0	0.0	0.0	0.0	0.0	0.0	0.0	TOMDF
ATEC	0.0		0.32	-0.38	0.34	-0.21	0.64	0.53	ATEC
AMGN	0.0	0.32		-0.91	0.77	0.4	0.56	0.53	AMGN
GME	0.0	-0.38	-0.91		-0.72	-0.23	-0.56	-0.57	GME
EYE	0.0	0.34	0.77	-0.72		0.38	0.59	0.69	EYE
HCM	0.0	-0.21	0.4	-0.23	0.38		-0.25	-0.04	HCM
BRAG	0.0	0.64	0.56	-0.56	0.59	-0.25		0.76	BRAG
JYNT	0.0	0.53	0.53	-0.57	0.69	-0.04	0.76		JYNT
	TOMDF	ATEC	AMGN	GME	EYE	HCM	BRAG	JYNT

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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

EYE	+ 0.77	AMGN
JYNT	+ 0.76	BRAG
JYNT	+ 0.69	EYE
BRAG	+ 0.64	ATEC
BRAG	+ 0.59	EYE
BRAG	+ 0.56	AMGN

High negative correlations

GME	- 0.91	AMGN
EYE	- 0.72	GME
JYNT	- 0.57	GME
BRAG	- 0.56	GME
GME	- 0.38	ATEC
BRAG	- 0.25	HCM

Risk-Adjusted Indicators

There is a big difference between Viking Stock performing well and Viking Holdings 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 Viking Holdings' 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
TOMDF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
ATEC	2.65	0.11	0.03	0.02	3.24	(2.76)	5.65	(5.59)	17.14
AMGN	1.05	0.27	0.20	0.47	1.25	(1.06)	2.22	(2.59)	9.76
GME	2.51	(0.21)	0.00	(0.42)	0.00	0.00	5.18	(5.37)	16.30
EYE	2.23	0.21	0.08	0.11	2.57	(2.44)	4.71	(4.45)	16.13
HCM	2.53	0.07	0.04	0.07	3.04	(2.73)	6.29	(4.41)	14.74
BRAG	3.09	0.45	0.13	0.33	3.11	(4.01)	7.87	(5.58)	28.30
JYNT	1.65	0.19	0.11	0.14	1.68	(2.01)	4.55	(2.78)	9.99

Viking Holdings Corporate Management

Leah Talactac	Chief Officer	Profile
Anton Hofmann	Executive Operations	Profile
Karine Hagen	Executive Product	Profile
Milton Hugh	Executive Sales	Profile
Linh Banh	Executive Finance	Profile
Jeff Dash	Executive Development	Profile

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