BT Brands Correlations

BT Brands Correlation With Market

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BT Brands Warrant. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For more information on how to buy BTBDW Stock please use our How to Invest in BT Brands guide.

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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    AUUDW + 0.58 CUENW AUUDW + 0.36 BTBD CUENW + 0.23 BTBD SQLLW + 0.21 AUUDW SQLLW + 0.18 CUENW FATBW + 0.07 SQLLW

High negative correlations    FATBW - 0.6 AUUDW FATBW - 0.46 CUENW FATBW - 0.24 BTBD SQLLW - 0.09 BTBD

Risk-Adjusted Indicators

There is a big difference between BTBDW Stock performing well and BT 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 BT 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.