Bloomin Brands Correlations

BLMN Stock

USD 12.89 0.19 1.50%

The current 90-days correlation between Bloomin Brands and Dine Brands Global is 0.73 (i.e., Poor diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bloomin Brands moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bloomin Brands moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Bloomin Brands Correlation With Market

Average diversification

The correlation between Bloomin Brands and DJI is 0.19 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Bloomin Brands and DJI in the same portfolio, assuming nothing else is changed.

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bloomin Brands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

To learn how to invest in Bloomin Stock, please use our How to Invest in Bloomin Brands guide.

Moving together with Bloomin Stock

0.64	QSR	Restaurant Brands	Pair Corr
0.83	WEN	The Wendys	Pair Corr
0.65	GENK	GEN Restaurant Group,	Pair Corr
0.75	JACK	Jack In	Pair Corr
0.64	LOCO	El Pollo Loco	Pair Corr
0.74	PLAY	Dave Busters Enterta Sell-off Trend	Pair Corr
0.66	PNST	Pinstripes Holdings	Pair Corr
0.65	PTLO	Portillos Sell-off Trend	Pair Corr
0.82	PZZA	Papa Johns International	Pair Corr

Moving against Bloomin Stock

0.8	BH	Biglari Holdings	Pair Corr
0.62	DRI	Darden Restaurants	Pair Corr
0.6	PBPB	Potbelly	Pair Corr
0.37	FWRG	First Watch Restaurant	Pair Corr
0.88	BROS	Dutch Bros	Pair Corr
0.79	EEIQ	Elite Education Group	Pair Corr
0.78	RICK	RCI Hospitality Holdings Earnings Call This Week	Pair Corr
0.66	DAO	Youdao Inc	Pair Corr
0.62	GV	Visionary Education	Pair Corr
0.58	CAKE	The Cheesecake Factory	Pair Corr
0.53	CBRL	Cracker Barrel Old	Pair Corr
0.47	EDTK	Skillful Craftsman	Pair Corr
0.46	ARKR	Ark Restaurants Corp	Pair Corr
0.39	SDOT	Sadot Group	Pair Corr

Related Correlations Analysis

	DIN	BJRI	RUTH	CAKE	EAT	CHUY	DENN	JACK	FRGI
DIN		0.54	-0.66	0.09	-0.23	0.12	0.69	0.61	-0.57	DIN
BJRI	0.54		-0.29	0.23	-0.07	-0.21	0.4	0.37	-0.3	BJRI
RUTH	-0.66	-0.29		0.4	0.67	0.25	-0.55	-0.89	0.69	RUTH
CAKE	0.09	0.23	0.4		0.85	0.71	-0.07	-0.41	0.06	CAKE
EAT	-0.23	-0.07	0.67	0.85		0.63	-0.34	-0.73	0.26	EAT
CHUY	0.12	-0.21	0.25	0.71	0.63		-0.06	-0.32	0.01	CHUY
DENN	0.69	0.4	-0.55	-0.07	-0.34	-0.06		0.62	-0.52	DENN
JACK	0.61	0.37	-0.89	-0.41	-0.73	-0.32	0.62		-0.53	JACK
FRGI	-0.57	-0.3	0.69	0.06	0.26	0.01	-0.52	-0.53		FRGI
	DIN	BJRI	RUTH	CAKE	EAT	CHUY	DENN	JACK	FRGI

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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

EAT	+ 0.85	CAKE
CHUY	+ 0.71	CAKE
DENN	+ 0.69	DIN
FRGI	+ 0.69	RUTH
EAT	+ 0.67	RUTH
CHUY	+ 0.63	EAT

High negative correlations

JACK	- 0.89	RUTH
JACK	- 0.73	EAT
RUTH	- 0.66	DIN
FRGI	- 0.57	DIN
DENN	- 0.55	RUTH
FRGI	- 0.53	JACK

Risk-Adjusted Indicators

There is a big difference between Bloomin Stock performing well and Bloomin Brands 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 Bloomin Brands' 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
DIN	2.39	0.06	0.02	0.14	2.42	(2.76)	4.40	(4.01)	21.57
BJRI	1.84	0.04	0.00	0.14	2.55	(1.87)	3.99	(3.27)	13.05
RUTH	1.40	0.44	0.21	(75.06)	0.94	(1.83)	1.75	(2.63)	34.37
CAKE	1.76	0.40	0.19	1.28	1.53	(2.16)	4.75	(2.27)	14.42
EAT	2.14	1.00	0.43	4.44	1.62	(2.74)	5.49	(3.38)	12.92
CHUY	1.59	0.79	3.43	1.37	0.00	(1.83)	0.67	(0.27)	48.46
DENN	2.51	0.20	0.06	0.27	2.83	(2.71)	5.40	(4.81)	22.28
JACK	2.09	(0.23)	0.00	(1.11)	0.00	0.00	4.56	(3.57)	14.47
FRGI	2.26	(0.01)	(0.03)	0.23	2.75	(2.41)	4.69	(3.69)	12.75

Bloomin Brands Corporate Management

Tara Kurian	Vice Relations	Profile
Kelly Lefferts	Chief Legal Officer	Profile
Cathie Koch	VP Communications	Profile
Philip Pace	Senior Officer	Profile

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