FAT Brands Correlations
| FATBW Stock | USD 2.96 0.06 2.07% |
The current 90-days correlation between FAT Brands and Whole Earth Brands is -0.2 (i.e., Good diversification). The correlation of FAT Brands 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.
FAT Brands Correlation With Market
Significant diversification
The correlation between FAT Brands and DJI is 0.06 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding FAT Brands and DJI in the same portfolio, assuming nothing else is changed.
FAT |
Moving against FAT Stock
Related Correlations Analysis
| 0.54 | 0.23 | 0.76 | 0.44 | FATBP | ||
| 0.54 | 0.05 | 0.43 | 0.33 | BCDAW | ||
| 0.23 | 0.05 | 0.18 | -0.02 | FREEW | ||
| 0.76 | 0.43 | 0.18 | 0.36 | IMACW | ||
| 0.44 | 0.33 | -0.02 | 0.36 | CREXW | ||
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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 FAT Stock performing well and FAT 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 FAT 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.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| FATBP | 0.87 | (0.19) | 0.00 | (0.72) | 0.00 | 2.05 | 6.52 | |||
| BCDAW | 17.63 | 1.69 | 0.06 | 319.19 | 18.27 | 57.25 | 139.50 | |||
| FREEW | 16.15 | 2.19 | 0.13 | 0.90 | 14.29 | 43.54 | 140.47 | |||
| IMACW | 45.76 | 16.81 | 0.44 | (8.15) | 26.50 | 166.67 | 707.09 | |||
| CREXW | 42.58 | 10.08 | 0.33 | 0.76 | 27.59 | 135.71 | 370.19 |
FAT Brands Corporate Executives
Elected by the shareholders, the FAT Brands' board of directors comprises two types of representatives: FAT Brands inside directors who are chosen from within the company, and outside directors, selected externally and held independent of FAT. The board's role is to monitor FAT Brands' management team and ensure that shareholders' interests are well served. FAT Brands' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, FAT Brands' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Andrew Wiederhorn | Outside Founder | Profile |