Village Super Correlations
| VLGEA Stock | USD 34.74 0.22 0.63% |
The current 90-days correlation between Village Super Market and Ingles Markets Incorporated is 0.56 (i.e., Very weak diversification). The correlation of Village Super 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.
Village Super Correlation With Market
Good diversification
The correlation between Village Super Market and DJI is -0.04 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Village Super Market and DJI in the same portfolio, assuming nothing else is changed.
Village |
Moving together with Village Stock
Moving against Village Stock
| 0.63 | AVO | Mission Produce | PairCorr |
| 0.45 | BG | Bunge Limited | PairCorr |
| 0.32 | SYY | Sysco | PairCorr |
| 0.56 | FAMI | Farmmi Inc | PairCorr |
| 0.44 | DTCK | Davis Commodities | PairCorr |
| 0.42 | EDTK | Skillful Craftsman | PairCorr |
| 0.41 | EDBL | Edible Garden AG | PairCorr |
| 0.32 | WAFU | Wah Fu Education | 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 Village Stock performing well and Village Super 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 Village Super'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| IMKTA | 1.19 | (0.09) | 0.00 | (0.56) | 0.00 | 2.16 | 6.23 | |||
| NGVC | 2.36 | 0.03 | 0.02 | 0.10 | 3.46 | 4.46 | 16.17 | |||
| ADRNY | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| GO | 2.84 | (0.21) | 0.00 | 0.94 | 0.00 | 7.64 | 38.19 | |||
| WMK | 1.28 | 0.18 | 0.12 | (1.74) | 1.65 | 2.78 | 8.78 | |||
| ASAI | 1.77 | 0.00 | 0.00 | (0.02) | 0.00 | 6.51 | 8.01 | |||
| SFM | 2.01 | 0.21 | 0.06 | 1.00 | 3.60 | 4.43 | 21.16 | |||
| OCDDY | 3.19 | (0.16) | 0.00 | (0.72) | 0.00 | 6.97 | 29.71 | |||
| ACI | 1.23 | 0.10 | 0.07 | 0.17 | 1.71 | 3.42 | 8.11 |
Village Super Corporate Executives
Elected by the shareholders, the Village Super's board of directors comprises two types of representatives: Village Super inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Village. The board's role is to monitor Village Super's management team and ensure that shareholders' interests are well served. Village Super's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Village Super's outside directors are responsible for providing unbiased perspectives on the board's policies.
| John Orden | CFO and Treasurer | Profile | |
| John CPA | CFO Treasurer | Profile |