Xponential Fitness Correlations

XPOF Stock

USD 8.66 0.06 0.69%

The current 90-days correlation between Xponential Fitness and JAKKS Pacific is 0.26 (i.e., Modest diversification). The correlation of Xponential Fitness 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.

Xponential Fitness Correlation With Market

Significant diversification

The correlation between Xponential Fitness and DJI is 0.02 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Xponential Fitness 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 Xponential Fitness. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

For more detail on how to invest in Xponential Stock please use our How to Invest in Xponential Fitness guide.

Moving together with Xponential Stock

0.78	WING	Wingstop	Pair Corr
0.63	FATBB	FAT Brands	Pair Corr
0.84	LOCO	El Pollo Loco	Pair Corr
0.78	BLMN	Bloomin Brands	Pair Corr
0.82	W	Wayfair	Pair Corr
0.88	HD	Home Depot	Pair Corr
0.79	RH	RH Earnings Call This Week	Pair Corr
0.71	ETSY	Etsy Inc	Pair Corr
0.89	EWCZ	European Wax Center	Pair Corr
0.72	BBY	Best Buy	Pair Corr
0.7	BLD	Topbuild Corp	Pair Corr
0.85	DDS	Dillards	Pair Corr
0.86	DKS	Dicks Sporting Goods	Pair Corr
0.68	FND	Floor Decor Holdings	Pair Corr
0.61	HOV	Hovnanian Enterprises	Pair Corr

Moving against Xponential Stock

0.52	YUM	Yum Brands	Pair Corr
0.5	VIPS	Vipshop Holdings	Pair Corr
0.37	MCD	McDonalds	Pair Corr
0.43	AZO	AutoZone	Pair Corr

Related Correlations Analysis

	PLNT	BOWL	JAKK	SEAS	GOLF	OSW	FNKO	MODG	LTH	YETI
PLNT		0.15	0.49	0.0	0.16	0.62	0.51	0.66	-0.01	0.3	PLNT
BOWL	0.15		-0.37	0.0	0.7	-0.29	-0.04	0.51	-0.7	0.29	BOWL
JAKK	0.49	-0.37		0.0	-0.24	0.86	0.66	0.35	0.41	0.2	JAKK
SEAS	0.0	0.0	0.0		0.0	0.0	0.0	0.0	0.0	0.0	SEAS
GOLF	0.16	0.7	-0.24	0.0		-0.07	0.2	0.56	-0.73	0.55	GOLF
OSW	0.62	-0.29	0.86	0.0	-0.07		0.76	0.5	0.17	0.53	OSW
FNKO	0.51	-0.04	0.66	0.0	0.2	0.76		0.74	-0.14	0.57	FNKO
MODG	0.66	0.51	0.35	0.0	0.56	0.5	0.74		-0.51	0.63	MODG
LTH	-0.01	-0.7	0.41	0.0	-0.73	0.17	-0.14	-0.51		-0.55	LTH
YETI	0.3	0.29	0.2	0.0	0.55	0.53	0.57	0.63	-0.55		YETI
	PLNT	BOWL	JAKK	SEAS	GOLF	OSW	FNKO	MODG	LTH	YETI

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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

OSW	+ 0.86	JAKK
FNKO	+ 0.76	OSW
MODG	+ 0.74	FNKO
GOLF	+ 0.7	BOWL
MODG	+ 0.66	PLNT
FNKO	+ 0.66	JAKK

High negative correlations

LTH	- 0.73	GOLF
LTH	- 0.7	BOWL
YETI	- 0.55	LTH
LTH	- 0.51	MODG
JAKK	- 0.37	BOWL
OSW	- 0.29	BOWL

Risk-Adjusted Indicators

There is a big difference between Xponential Stock performing well and Xponential Fitness 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 Xponential Fitness' 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
PLNT	1.49	0.04	0.03	0.01	2.27	(1.56)	3.05	(2.80)	12.63
BOWL	2.33	0.19	0.09	1.59	2.58	(2.68)	5.15	(4.84)	12.71
JAKK	1.87	0.01	0.00	(0.06)	0.00	0.00	2.95	(3.94)	20.78
SEAS	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
GOLF	1.47	(0.14)	0.00	(0.61)	0.00	0.00	2.78	(3.04)	11.60
OSW	1.72	(0.09)	0.00	(0.13)	0.00	0.00	3.41	(4.33)	13.78
FNKO	2.39	(0.59)	0.00	(0.59)	0.00	0.00	3.88	(5.36)	21.57
MODG	2.75	(0.10)	0.00	(0.14)	0.00	0.00	4.55	(5.18)	19.75
LTH	1.67	0.52	0.19	0.63	2.23	(1.73)	3.18	(3.29)	12.68
YETI	1.49	(0.31)	0.00	(0.51)	0.00	0.00	2.80	(3.41)	9.41

Xponential Fitness Corporate Management

Kevin Beygi	Chief Officer	Profile
Megan Moen	Executive Vice President - Finance	Profile
Mark Grabowski	Chairman of the Board	Profile
Sarah Luna	President	Profile

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