Chuys Holdings Correlations

Summary

CHUYDelisted Stock

USD 37.48 0.01 0.03%

The current 90-days correlation between Chuys Holdings and Ruths Hospitality Group is -0.06 (i.e., Good diversification). The correlation of Chuys Holdings 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. If the correlation is 0, the equities are not correlated; they are entirely random.

Chuys Holdings Correlation With Market

Significant diversification

The correlation between Chuys Holdings and DJI is 0.08 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Chuys Holdings and DJI in the same portfolio, assuming nothing else is changed.

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

Moving together with Chuys Stock

0.71

ATT Inc Aggressive Push

Pair Corr

Moving against Chuys Stock

0.67	BA	Boeing Fiscal Year End 29th of January 2025	Pair Corr
0.51	NNAX	New Momentum	Pair Corr
0.33	MRK	Merck Company Fiscal Year End 6th of February 2025	Pair Corr

Related Correlations Analysis

	EAT	RUTH	BLMN	FRGI	FATBB	PBPB	BJRI	STKS	DENN	JACK
EAT		0.83	-0.78	0.43	-0.17	0.69	0.76	-0.54	0.42	0.21	EAT
RUTH	0.83		-0.53	0.69	-0.17	0.43	0.79	-0.31	0.3	0.28	RUTH
BLMN	-0.78	-0.53		-0.23	0.02	-0.79	-0.38	0.77	-0.03	0.24	BLMN
FRGI	0.43	0.69	-0.23		0.01	0.32	0.56	0.06	0.04	0.19	FRGI
FATBB	-0.17	-0.17	0.02	0.01		0.06	-0.17	0.2	-0.12	0.07	FATBB
PBPB	0.69	0.43	-0.79	0.32	0.06		0.42	-0.53	0.31	-0.12	PBPB
BJRI	0.76	0.79	-0.38	0.56	-0.17	0.42		-0.13	0.48	0.32	BJRI
STKS	-0.54	-0.31	0.77	0.06	0.2	-0.53	-0.13		0.13	0.29	STKS
DENN	0.42	0.3	-0.03	0.04	-0.12	0.31	0.48	0.13		0.34	DENN
JACK	0.21	0.28	0.24	0.19	0.07	-0.12	0.32	0.29	0.34		JACK
	EAT	RUTH	BLMN	FRGI	FATBB	PBPB	BJRI	STKS	DENN	JACK

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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

RUTH	+ 0.83	EAT
BJRI	+ 0.79	RUTH
STKS	+ 0.77	BLMN
BJRI	+ 0.76	EAT
PBPB	+ 0.69	EAT
FRGI	+ 0.69	RUTH

High negative correlations

PBPB	- 0.79	BLMN
BLMN	- 0.78	EAT
STKS	- 0.54	EAT
STKS	- 0.53	PBPB
BLMN	- 0.53	RUTH
BJRI	- 0.38	BLMN

Risk-Adjusted Indicators

There is a big difference between Chuys Stock performing well and Chuys Holdings 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 Chuys Holdings' 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
EAT	1.88	0.77	0.45	0.70	1.26	(2.39)	5.04	(2.48)	11.91
RUTH	1.40	0.48	0.19	(0.95)	0.94	(1.83)	1.75	(2.63)	34.37
BLMN	2.10	(0.65)	0.00	(0.30)	0.00	0.00	3.57	(4.86)	17.72
FRGI	2.26	(0.16)	(0.04)	(0.01)	2.75	(2.41)	4.69	(3.69)	12.75
FATBB	2.91	(0.01)	(0.02)	0.05	4.33	(3.57)	8.53	(10.10)	24.33
PBPB	2.11	0.13	0.14	0.15	1.60	(2.85)	4.24	(3.01)	24.84
BJRI	1.95	0.01	0.02	0.10	2.24	(2.23)	4.05	(2.64)	13.19
STKS	3.17	(0.35)	0.00	(0.04)	0.00	0.00	6.80	(5.03)	28.29
DENN	2.47	(0.08)	0.00	0.05	3.77	(2.82)	5.26	(4.19)	26.32
JACK	2.23	(0.17)	0.00	(0.12)	0.00	0.00	4.33	(4.93)	11.59

Chuys Holdings Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Chuys Holdings stock to make a market-neutral strategy. Peer analysis of Chuys Holdings could also be used in its relative valuation, which is a method of valuing Chuys Holdings by comparing valuation metrics with similar companies.

Brinker International Ruths Hospitality Group Bloomin Brands Fiesta Restaurant Group FAT Brands Potbelly Co BJs Restaurants One Group Hospitality Dennys Corp Jack In The Dine Brands Global The Cheesecake Factory American Airlines Group Alcoa Corp Apple Inc

Risk & Return

Correlation

Chuys Holdings Corporate Management

Tim Larson	General VP	Profile
Marcia Williams	Vice Resources	Profile
John Korman	Chief Officer	Profile
Jon CPA	CFO VP	Profile
John Mountford	Chief Officer	Profile
Susan Kittrell	Controller	Profile

Still Interested in Chuys Holdings?

Investing in delisted delisted stocks can be risky, as the stock is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.

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