Willamette Valley Correlations

WVVI Stock

USD 6.01 0.05 0.84%

The correlation of Willamette Valley 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.

Willamette Valley Correlation With Market

Very weak diversification

The correlation between Willamette Valley Vineyards and DJI is 0.4 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Willamette Valley Vineyards and DJI in the same portfolio, assuming nothing else is changed.

Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Willamette Valley Vineyards. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

Moving together with Willamette Stock

0.87	K	Kellanova Earnings Call This Week	Pair Corr
0.83	BJ	BJs Wholesale Club	Pair Corr
0.72	KO	Coca Cola Aggressive Push	Pair Corr
0.67	KR	Kroger Company	Pair Corr
0.85	PM	Philip Morris Intern	Pair Corr
0.8	YQ	17 Education Technology	Pair Corr
0.89	BRLSW	Borealis Foods	Pair Corr

Moving against Willamette Stock

0.86	MGPI	MGP Ingredients	Pair Corr
0.85	IBG	Innovation Beverage	Pair Corr
0.83	DEO	Diageo PLC ADR	Pair Corr
0.8	CASK	Heritage Distilling	Pair Corr
0.75	LW	Lamb Weston Holdings Earnings Call This Week	Pair Corr
0.7	BG	Bunge Limited	Pair Corr
0.45	BLNE	Eastside Distilling, Symbol Change	Pair Corr
0.4	FC	Franklin Covey	Pair Corr
0.4	GO	Grocery Outlet Holding Buyout Trend	Pair Corr
0.33	EL	Estee Lauder Companies	Pair Corr
0.32	SBEV	Splash Beverage Group	Pair Corr
0.84	FIZZ	National Beverage Corp	Pair Corr
0.78	DTCK	Davis Commodities	Pair Corr
0.74	FAMI	Farmmi Inc	Pair Corr
0.73	AVO	Mission Produce	Pair Corr
0.69	EDBL	Edible Garden AG Trending	Pair Corr
0.69	BON	Bon Natural Life	Pair Corr
0.62	DNUT	Krispy Kreme	Pair Corr
0.62	ADM	Archer Daniels Midland	Pair Corr
0.5	VITL	Vital Farms	Pair Corr
0.43	FEDU	Four Seasons Education	Pair Corr
0.33	DLTR	Dollar Tree Buyout Trend	Pair Corr

Related Correlations Analysis

	MJWNY	ADWPF	ICNB	NWINF	PDRDF	CWGL	BF-A	PRNDY	BF-B	MGPI
MJWNY		0.45	0.0	0.61	-0.2	-0.08	0.41	-0.05	0.4	-0.03	MJWNY
ADWPF	0.45		0.0	0.73	-0.61	-0.75	-0.33	-0.59	-0.32	-0.77	ADWPF
ICNB	0.0	0.0		0.0	0.0	0.0	0.0	0.0	0.0	0.0	ICNB
NWINF	0.61	0.73	0.0		-0.3	-0.48	0.03	-0.2	0.03	-0.45	NWINF
PDRDF	-0.2	-0.61	0.0	-0.3		0.45	0.4	0.83	0.39	0.62	PDRDF
CWGL	-0.08	-0.75	0.0	-0.48	0.45		0.68	0.57	0.67	0.89	CWGL
BF-A	0.41	-0.33	0.0	0.03	0.4	0.68		0.54	1.0	0.67	BF-A
PRNDY	-0.05	-0.59	0.0	-0.2	0.83	0.57	0.54		0.52	0.71	PRNDY
BF-B	0.4	-0.32	0.0	0.03	0.39	0.67	1.0	0.52		0.64	BF-B
MGPI	-0.03	-0.77	0.0	-0.45	0.62	0.89	0.67	0.71	0.64		MGPI
	MJWNY	ADWPF	ICNB	NWINF	PDRDF	CWGL	BF-A	PRNDY	BF-B	MGPI

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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

BF-B	+ 1.0	BF-A
MGPI	+ 0.89	CWGL
PRNDY	+ 0.83	PDRDF
NWINF	+ 0.73	ADWPF
MGPI	+ 0.71	PRNDY
BF-A	+ 0.68	CWGL

High negative correlations

MGPI	- 0.77	ADWPF
CWGL	- 0.75	ADWPF
PDRDF	- 0.61	ADWPF
PRNDY	- 0.59	ADWPF
CWGL	- 0.48	NWINF
MGPI	- 0.45	NWINF

Risk-Adjusted Indicators

There is a big difference between Willamette Stock performing well and Willamette Valley 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 Willamette Valley'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
MJWNY	1.20	(0.02)	0.00	0.02	0.00	0.00	0.00	0.00	52.32
ADWPF	0.92	0.26	0.15	0.68	0.49	(3.64)	5.17	(1.44)	9.52
ICNB	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NWINF	5.57	0.47	0.05	(0.31)	6.15	(9.23)	16.92	(12.66)	34.88
PDRDF	2.11	(0.14)	0.00	(0.88)	0.00	0.00	4.49	(4.27)	15.42
CWGL	0.91	(0.18)	0.00	(3.81)	0.00	0.00	1.79	(2.12)	5.79
BF-A	1.49	(0.27)	0.00	(0.69)	0.00	0.00	2.35	(3.78)	15.04
PRNDY	1.40	(0.22)	0.00	0.42	0.00	0.00	2.99	(3.94)	10.26
BF-B	1.67	(0.26)	0.00	(0.59)	0.00	0.00	2.82	(4.14)	15.18
MGPI	1.76	(0.61)	0.00	3.35	0.00	0.00	3.24	(4.39)	12.11

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