Farmmi Correlations

FAMI Stock

USD 0.28 0.01 3.45%

The current 90-days correlation between Farmmi Inc and Better Choice is 0.05 (i.e., Significant diversification). The correlation of Farmmi 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.

Farmmi Correlation With Market

Significant diversification

The correlation between Farmmi Inc and DJI is 0.04 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Farmmi Inc and DJI in the same portfolio, assuming nothing else is changed.

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Farmmi Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Moving against Farmmi Stock

0.49	NOMD	Nomad Foods	Pair Corr
0.47	BG	Bunge Limited	Pair Corr
0.43	CAG	ConAgra Foods	Pair Corr
0.43	CL	Colgate Palmolive Fiscal Year End 24th of January 2025	Pair Corr
0.4	FLO	Flowers Foods	Pair Corr
0.39	GIS	General Mills	Pair Corr
0.37	CPB	Campbell Soup	Pair Corr
0.35	POST	Post Holdings	Pair Corr
0.34	RGF	Real Good Food	Pair Corr
0.32	THS	Treehouse Foods	Pair Corr
0.46	GV	Visionary Education	Pair Corr
0.45	EDBL	Edible Garden AG	Pair Corr
0.45	EDTK	Skillful Craftsman	Pair Corr
0.39	PG	Procter Gamble	Pair Corr
0.38	TR	Tootsie Roll Industries	Pair Corr
0.38	UL	Unilever PLC ADR	Pair Corr
0.36	KO	Coca Cola Aggressive Push	Pair Corr
0.35	BRBMF	Big Rock Brewery	Pair Corr
0.31	EAST	Eastside Distilling	Pair Corr

Related Correlations Analysis

	BTOG	SMFL	BTTR	LSF	YGF	FREE	BSFC	RKDA	SNAX	FITSF
BTOG		0.3	0.06	-0.41	0.28	-0.55	0.17	-0.13	0.41	0.57	BTOG
SMFL	0.3		0.83	-0.84	0.86	-0.6	0.91	-0.31	0.79	0.59	SMFL
BTTR	0.06	0.83		-0.65	0.8	-0.33	0.83	-0.29	0.61	0.28	BTTR
LSF	-0.41	-0.84	-0.65		-0.82	0.72	-0.82	0.59	-0.8	-0.74	LSF
YGF	0.28	0.86	0.8	-0.82		-0.47	0.78	-0.48	0.81	0.44	YGF
FREE	-0.55	-0.6	-0.33	0.72	-0.47		-0.55	0.57	-0.74	-0.68	FREE
BSFC	0.17	0.91	0.83	-0.82	0.78	-0.55		-0.4	0.75	0.58	BSFC
RKDA	-0.13	-0.31	-0.29	0.59	-0.48	0.57	-0.4		-0.59	-0.31	RKDA
SNAX	0.41	0.79	0.61	-0.8	0.81	-0.74	0.75	-0.59		0.58	SNAX
FITSF	0.57	0.59	0.28	-0.74	0.44	-0.68	0.58	-0.31	0.58		FITSF
	BTOG	SMFL	BTTR	LSF	YGF	FREE	BSFC	RKDA	SNAX	FITSF

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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

BSFC	+ 0.91	SMFL
YGF	+ 0.86	SMFL
BTTR	+ 0.83	SMFL
BSFC	+ 0.83	BTTR
SNAX	+ 0.81	YGF
YGF	+ 0.8	BTTR

High negative correlations

LSF	- 0.84	SMFL
BSFC	- 0.82	LSF
YGF	- 0.82	LSF
SNAX	- 0.8	LSF
SNAX	- 0.74	FREE
FITSF	- 0.74	LSF

Risk-Adjusted Indicators

There is a big difference between Farmmi Stock performing well and Farmmi 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 Farmmi'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
BTOG	4.96	(0.27)	0.00	(0.36)	0.00	0.00	11.49	(11.38)	33.17
SMFL	10.70	(4.85)	0.00	(0.90)	0.00	0.00	17.44	(25.00)	142.62
BTTR	5.74	(0.87)	0.00	(0.25)	0.00	0.00	9.94	(12.38)	33.95
LSF	4.52	1.14	0.26	0.92	3.73	(5.45)	15.66	(7.63)	34.96
YGF	6.10	(3.16)	0.00	(2.56)	0.00	0.00	0.00	0.00	97.14
FREE	0.15	0.01	(0.41)	(1.09)	0.11	(0.27)	0.21	(0.41)	1.04
BSFC	5.67	(2.22)	0.00	(8.07)	0.00	0.00	7.84	(13.11)	56.92
RKDA	4.47	(0.14)	0.01	0.07	6.72	(4.96)	10.64	(12.63)	49.40
SNAX	4.65	(0.75)	0.00	(1.23)	0.00	0.00	10.13	(8.51)	58.01
FITSF	8.71	(0.93)	0.00	(0.13)	0.00	0.00	23.08	(28.57)	182.46

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