Willamette Valley Correlations

WVVIP Preferred Stock

USD 3.61 0.03 0.82%

The current 90-days correlation between Willamette Valley and Crimson Wine is -0.01 (i.e., Good diversification). 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. If the correlation is 0, the equities are not correlated; they are entirely random.

Willamette Valley Correlation With Market

Good diversification

The correlation between Willamette Valley Vineyards and DJI is -0.11 (i.e., Good 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.

The ability to find closely correlated positions to Willamette Valley could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Willamette Valley when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Willamette Valley - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Willamette Valley Vineyards to buy it.

Moving against Willamette Preferred Stock

0.54	GV	Visionary Education	Pair Corr
0.47	YHC	LQR House Symbol Change	Pair Corr
0.46	MO	Altria Group	Pair Corr
0.42	KO	Coca Cola Aggressive Push	Pair Corr
0.41	K	Kellanova Earnings Call This Week	Pair Corr
0.38	JZ	Jianzhi Education	Pair Corr
0.36	CL	Colgate Palmolive	Pair Corr
0.33	BJ	BJs Wholesale Club	Pair Corr
0.44	DOLE	Dole PLC	Pair Corr
0.38	FARM	Farmer Bros	Pair Corr
0.37	UL	Unilever PLC ADR	Pair Corr
0.37	VSTA	Vasta Platform Trending	Pair Corr
0.32	PM	Philip Morris Intern	Pair Corr
0.31	YI	111 Inc	Pair Corr
0.31	WYHG	Wing Yip Food	Pair Corr

Related Correlations Analysis

	MJWNY	PDRDF	BF-A	TSRYY	NWINF	CWGL	WVVI	ASCC	ICNB	BCCLF
MJWNY		-0.2	0.41	0.14	0.61	-0.08	-0.05	0.48	0.0	0.21	MJWNY
PDRDF	-0.2		0.4	0.13	-0.3	0.45	-0.43	-0.28	0.0	0.29	PDRDF
BF-A	0.41	0.4		0.33	0.03	0.68	-0.71	-0.06	0.0	0.72	BF-A
TSRYY	0.14	0.13	0.33		-0.3	0.6	-0.57	-0.54	0.0	0.59	TSRYY
NWINF	0.61	-0.3	0.03	-0.3		-0.48	0.47	0.8	0.0	-0.32	NWINF
CWGL	-0.08	0.45	0.68	0.6	-0.48		-0.85	-0.62	0.0	0.8	CWGL
WVVI	-0.05	-0.43	-0.71	-0.57	0.47	-0.85		0.55	0.0	-0.88	WVVI
ASCC	0.48	-0.28	-0.06	-0.54	0.8	-0.62	0.55		0.0	-0.51	ASCC
ICNB	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0		0.0	ICNB
BCCLF	0.21	0.29	0.72	0.59	-0.32	0.8	-0.88	-0.51	0.0		BCCLF
	MJWNY	PDRDF	BF-A	TSRYY	NWINF	CWGL	WVVI	ASCC	ICNB	BCCLF

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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

ASCC	+ 0.8	NWINF
BCCLF	+ 0.8	CWGL
BCCLF	+ 0.72	BF-A
CWGL	+ 0.68	BF-A
NWINF	+ 0.61	MJWNY
CWGL	+ 0.6	TSRYY

High negative correlations

BCCLF	- 0.88	WVVI
WVVI	- 0.85	CWGL
WVVI	- 0.71	BF-A
ASCC	- 0.62	CWGL
WVVI	- 0.57	TSRYY
ASCC	- 0.54	TSRYY

Risk-Adjusted Indicators

There is a big difference between Willamette Preferred 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
PDRDF	2.11	(0.14)	0.00	(0.88)	0.00	0.00	4.49	(4.27)	15.42
BF-A	1.49	(0.27)	0.00	(0.69)	0.00	0.00	2.35	(3.78)	15.04
TSRYY	1.29	(0.22)	0.00	(0.44)	0.00	0.00	2.79	(2.60)	8.40
NWINF	5.57	0.47	0.05	(0.31)	6.15	(9.23)	16.92	(12.66)	34.88
CWGL	0.91	(0.18)	0.00	(3.81)	0.00	0.00	1.79	(2.12)	5.79
WVVI	2.54	0.96	0.34	0.50	2.02	(3.07)	7.92	(3.14)	28.43
ASCC	22.87	8.28	0.23	(1.46)	13.63	(90.88)	151.43	(40.34)	219.90
ICNB	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
BCCLF	3.41	(0.55)	0.00	(1.10)	0.00	0.00	9.76	(7.63)	24.69

Be your own money manager

Our tools can tell you how much better you can do entering a position in Willamette Valley without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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