Bon Natural Correlations

BON Stock

USD 1.57 0.01 0.63%

The current 90-days correlation between Bon Natural Life and Nuzee Inc is 0.09 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bon Natural moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bon Natural Life moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Bon Natural Correlation With Market

Average diversification

The correlation between Bon Natural Life and DJI is 0.1 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Bon Natural Life 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 Bon Natural Life. 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.

Moving together with Bon Stock

0.8	BG	Bunge Limited	Pair Corr
0.66	EDBL	Edible Garden AG	Pair Corr
0.79	ADM	Archer Daniels Midland Sell-off Trend	Pair Corr
0.64	CAG	ConAgra Foods	Pair Corr
0.68	CPB	Campbell Soup	Pair Corr
0.77	DDC	DDC Enterprise	Pair Corr
0.64	FMX	Fomento Economico	Pair Corr
0.68	GIS	General Mills	Pair Corr
0.61	HRL	Hormel Foods Earnings Call This Week	Pair Corr
0.75	HSY	Hershey Sell-off Trend	Pair Corr
0.75	LND	Brasilagro Adr	Pair Corr
0.68	RGF	Real Good Food	Pair Corr

Moving against Bon Stock

0.81	LW	Lamb Weston Holdings	Pair Corr
0.63	PM	Philip Morris Intern	Pair Corr
0.58	FDP	Fresh Del Monte	Pair Corr
0.49	K	Kellanova	Pair Corr
0.45	FRPT	Freshpet	Pair Corr
0.36	JVA	Coffee Holding	Pair Corr
0.35	MO	Altria Group	Pair Corr
0.74	LSF	Laird Superfood	Pair Corr
0.66	SAM	Boston Beer	Pair Corr
0.62	TPB	Turning Point Brands	Pair Corr
0.6	PPC	Pilgrims Pride Corp	Pair Corr
0.55	LANC	Lancaster Colony	Pair Corr
0.51	INGR	Ingredion Incorporated	Pair Corr
0.5	LMNR	Limoneira Fiscal Year End 19th of December 2024	Pair Corr
0.48	SENEA	Seneca Foods Corp	Pair Corr

Related Correlations Analysis

	BSFC	NUZE	TTCF	GHAV	MMMB	RGF	CENTA	NATR	CENT	BTOG
BSFC		0.8	0.92	0.52	-0.88	0.84	0.55	-0.4	0.52	0.17	BSFC
NUZE	0.8		0.7	0.61	-0.57	0.54	0.69	0.03	0.68	-0.06	NUZE
TTCF	0.92	0.7		0.53	-0.82	0.88	0.56	-0.45	0.53	0.12	TTCF
GHAV	0.52	0.61	0.53		-0.22	0.25	0.56	0.12	0.58	-0.46	GHAV
MMMB	-0.88	-0.57	-0.82	-0.22		-0.82	-0.28	0.63	-0.24	-0.31	MMMB
RGF	0.84	0.54	0.88	0.25	-0.82		0.45	-0.53	0.42	0.33	RGF
CENTA	0.55	0.69	0.56	0.56	-0.28	0.45		0.34	1.0	-0.11	CENTA
NATR	-0.4	0.03	-0.45	0.12	0.63	-0.53	0.34		0.36	-0.4	NATR
CENT	0.52	0.68	0.53	0.58	-0.24	0.42	1.0	0.36		-0.14	CENT
BTOG	0.17	-0.06	0.12	-0.46	-0.31	0.33	-0.11	-0.4	-0.14		BTOG
	BSFC	NUZE	TTCF	GHAV	MMMB	RGF	CENTA	NATR	CENT	BTOG

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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

CENT	+ 1.0	CENTA
TTCF	+ 0.92	BSFC
RGF	+ 0.88	TTCF
RGF	+ 0.84	BSFC
NUZE	+ 0.8	BSFC
TTCF	+ 0.7	NUZE

High negative correlations

MMMB	- 0.88	BSFC
RGF	- 0.82	MMMB
MMMB	- 0.82	TTCF
MMMB	- 0.57	NUZE
NATR	- 0.53	RGF
BTOG	- 0.46	GHAV

Risk-Adjusted Indicators

There is a big difference between Bon Stock performing well and Bon Natural 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 Bon Natural'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
BSFC	5.67	(2.22)	0.00	(8.07)	0.00	0.00	7.84	(13.11)	56.92
NUZE	17.63	2.43	0.28	0.49	9.76	(51.09)	6.45	(23.04)	565.24
TTCF	6.91	(3.83)	0.00	2.77	0.00	0.00	5.17	(25.61)	55.07
GHAV	6.43	(0.35)	0.00	2.09	0.00	0.00	20.00	(16.67)	49.49
MMMB	3.15	1.13	0.32	9.97	2.72	(4.20)	6.70	(4.73)	21.04
RGF	4.53	(0.55)	0.00	(0.75)	0.00	0.00	7.50	(9.09)	41.41
CENTA	1.28	(0.15)	(0.09)	(0.01)	1.45	(1.46)	2.74	(2.72)	6.82
NATR	2.09	0.07	0.10	0.15	1.82	(2.70)	6.11	(2.99)	22.72
CENT	1.26	(0.11)	(0.08)	0.00	1.44	(1.45)	2.81	(2.33)	6.39
BTOG	4.96	(0.27)	0.00	(0.36)	0.00	0.00	11.49	(11.38)	33.17

Bon Natural Corporate Management

Yongwei Hu	Chairman CEO	Profile
Yingchun Xue	Chief Officer	Profile
Wenjuan Chen	Chief Officer	Profile
Zhenchao Li	CFO Director	Profile
Wang Lee	Chief Officer	Profile
Jianli Liu	CTO Scientist	Profile

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