Crown Crafts Correlations
| CRWS Stock | USD 4.57 0.05 1.11% |
The current 90-days correlation between Crown Crafts and Natuzzi SpA is -0.04 (i.e., Good diversification). The correlation of Crown Crafts 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.
Crown Crafts Correlation With Market
Average diversification
The correlation between Crown Crafts and DJI is 0.13 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Crown Crafts and DJI in the same portfolio, assuming nothing else is changed.
Crown |
Moving together with Crown Stock
| 0.61 | ETD | Ethan Allen Interiors | PairCorr |
| 0.88 | HBB | Hamilton Beach Brands | PairCorr |
| 0.75 | LEG | Leggett Platt Buyout Trend | PairCorr |
| 0.76 | MHK | Mohawk Industries | PairCorr |
| 0.77 | NVFY | Nova Lifestyle I | PairCorr |
| 0.73 | PATK | Patrick Industries | PairCorr |
| 0.86 | W | Wayfair Buyout Trend | PairCorr |
Moving against Crown Stock
| 0.75 | NCL | Northann Corp | PairCorr |
| 0.67 | FLXS | Flexsteel Industries | PairCorr |
| 0.42 | WHR | Whirlpool | PairCorr |
| 0.42 | LOVE | Lovesac Buyout Trend | PairCorr |
| 0.34 | OESX | Orion Energy Systems | PairCorr |
| 0.31 | HOFT | Hooker Furniture | PairCorr |
| 0.74 | GM | General Motors Aggressive Push | PairCorr |
| 0.63 | BH | Biglari Holdings | PairCorr |
| 0.58 | GT | Goodyear Tire Rubber | PairCorr |
| 0.36 | AS | Amer Sports, Trending | PairCorr |
| 0.32 | BSET | Bassett Furniture Fiscal Year End 23rd of January 2025 | PairCorr |
Related Correlations Analysis
| 0.82 | 0.0 | 0.57 | -0.48 | 0.49 | BSET | ||
| 0.82 | -0.07 | 0.5 | -0.49 | 0.71 | HOFT | ||
| 0.0 | -0.07 | -0.22 | 0.21 | -0.13 | NTZ | ||
| 0.57 | 0.5 | -0.22 | -0.63 | 0.04 | FLXS | ||
| -0.48 | -0.49 | 0.21 | -0.63 | -0.33 | HBB | ||
| 0.49 | 0.71 | -0.13 | 0.04 | -0.33 | LZB | ||
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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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Crown Stock performing well and Crown Crafts 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 Crown Crafts' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BSET | 1.50 | 0.20 | 0.07 | 0.53 | 1.51 | 3.24 | 9.61 | |||
| HOFT | 2.37 | 0.17 | 0.10 | 0.20 | 2.44 | 6.16 | 11.82 | |||
| NTZ | 2.99 | (0.07) | (0.01) | 0.06 | 3.72 | 8.75 | 30.87 | |||
| FLXS | 2.08 | 0.56 | 0.25 | 1.05 | 1.55 | 5.14 | 33.56 | |||
| HBB | 2.46 | (0.75) | 0.00 | (0.19) | 0.00 | 4.37 | 29.81 | |||
| LZB | 1.32 | 0.06 | 0.03 | 0.18 | 1.58 | 3.19 | 9.51 |
Crown Crafts Corporate Executives
Elected by the shareholders, the Crown Crafts' board of directors comprises two types of representatives: Crown Crafts inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Crown. The board's role is to monitor Crown Crafts' management team and ensure that shareholders' interests are well served. Crown Crafts' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Crown Crafts' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Olivia Elliott | CFO, Principal Accounting Officer, VP and Secretary | Profile |