Beyond Meat Correlations

BYND Stock

USD 0.95 0.13 15.85%

The current 90-days correlation between Beyond Meat and Above Food Ingredients is 0.21 (i.e., Modest diversification). The correlation of Beyond Meat 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.

Beyond Meat Correlation With Market

Excellent diversification

The correlation between Beyond Meat and DJI is -0.56 (i.e., Excellent diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Beyond Meat and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Beyond Stock

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

For information on how to trade Beyond Stock refer to our How to Trade Beyond Stock guide.

Moving together with Beyond Stock

0.76	MBH	Maggie Beer Holdings	Pair Corr
0.67	VITL	Vital Farms	Pair Corr
0.85	EDBL	Edible Garden AG	Pair Corr
0.77	DKL	Dekeloil Public	Pair Corr
0.72	VOH	VEG OF LUND	Pair Corr

Moving against Beyond Stock

0.78	RSI	Rogers Sugar	Pair Corr
0.75	YIR	Yihai International	Pair Corr
0.74	RATV	Raisio plc	Pair Corr
0.7	AEP	Anglo-Eastern Plantations	Pair Corr
0.69	SB7	Saputo Inc	Pair Corr
0.69	WEST	Westrock Coffee	Pair Corr
0.64	GCG	Greencore Group plc	Pair Corr
0.6	KTF	Mondelez International	Pair Corr
0.57	DOLE	Dole PLC	Pair Corr
0.57	RE-B	REA Holdings plc	Pair Corr
0.54	TR	Tootsie Roll Industries	Pair Corr
0.5	7FP	Freshpet	Pair Corr
0.45	DHR	BG Foods Earnings Call This Week	Pair Corr
0.45	ART	Artisanal Spirits	Pair Corr
0.44	SSH	Südwestdeutsche Salzwerke	Pair Corr
0.39	D7V	PT Mayora Indah	Pair Corr
0.35	LSPP	Chocoladefabriken Lindt	Pair Corr
0.73	JDEP	Jde Peets Nv	Pair Corr
0.7	CAG	ConAgra Foods Aggressive Push	Pair Corr
0.7	TATE	Tate Lyle PLC	Pair Corr
0.67	HSY	Hershey	Pair Corr
0.64	JBS	JBS NV	Pair Corr
0.51	FRPT	Freshpet	Pair Corr
0.5	BGS	BG Foods Earnings Call This Week	Pair Corr
0.47	HRL	Hormel Foods	Pair Corr

Related Correlations Analysis

	ABVE	STKL	WEST	DNUT	SENEA	LINC	HELE	APEI	MAMA
ABVE		-0.55	-0.36	0.38	-0.38	-0.68	0.29	-0.58	-0.64	ABVE
STKL	-0.55		0.85	-0.81	0.73	0.84	-0.67	0.88	0.82	STKL
WEST	-0.36	0.85		-0.87	0.59	0.63	-0.78	0.81	0.75	WEST
DNUT	0.38	-0.81	-0.87		-0.64	-0.64	0.83	-0.78	-0.66	DNUT
SENEA	-0.38	0.73	0.59	-0.64		0.7	-0.72	0.58	0.51	SENEA
LINC	-0.68	0.84	0.63	-0.64	0.7		-0.59	0.88	0.87	LINC
HELE	0.29	-0.67	-0.78	0.83	-0.72	-0.59		-0.68	-0.57	HELE
APEI	-0.58	0.88	0.81	-0.78	0.58	0.88	-0.68		0.9	APEI
MAMA	-0.64	0.82	0.75	-0.66	0.51	0.87	-0.57	0.9		MAMA
	ABVE	STKL	WEST	DNUT	SENEA	LINC	HELE	APEI	MAMA

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

MAMA	+ 0.9	APEI
APEI	+ 0.88	STKL
APEI	+ 0.88	LINC
MAMA	+ 0.87	LINC
WEST	+ 0.85	STKL
LINC	+ 0.84	STKL

High negative correlations

DNUT	- 0.87	WEST
DNUT	- 0.81	STKL
APEI	- 0.78	DNUT
HELE	- 0.78	WEST
HELE	- 0.72	SENEA
APEI	- 0.68	HELE

Risk-Adjusted Indicators

There is a big difference between Beyond Stock performing well and Beyond Meat 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 Beyond Meat'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
ABVE	6.63	(0.43)	0.00	(0.37)	0.00	0.00	16.75	(11.76)	52.76
STKL	2.45	0.87	0.49	0.48	1.08	(3.19)	6.23	(3.18)	32.97
WEST	2.15	0.07	0.02	0.15	2.72	(2.38)	4.21	(5.56)	18.88
DNUT	2.76	(0.01)	0.01	0.07	3.01	(3.48)	6.33	(4.17)	20.08
SENEA	1.31	0.21	0.06	(1.38)	1.77	(1.33)	3.14	(2.80)	9.07
LINC	2.10	0.87	0.39	2.47	1.34	(2.38)	6.25	(3.00)	12.34
HELE	2.35	(0.16)	0.00	(0.02)	0.00	0.00	5.85	(4.37)	13.83
APEI	1.45	0.37	0.22	0.59	1.18	(1.72)	4.22	(1.92)	8.71
MAMA	2.34	0.85	0.31	(3.31)	1.87	(2.96)	6.29	(3.50)	36.68

Beyond Meat Corporate Management

Yi Luo	Corporate VP	Profile
Dariush Ajami	Chief Officer	Profile
Chad Peffer	Interim Officer	Profile
Drew Lufkin	Senior Sales	Profile
Margaret Trask	Chief Officer	Profile
Paul Sheppard	Vice Relations	Profile

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2026 Macroaxis LLC