Consumer Staples Correlations

FDCGX Fund

USD 93.48 1.02 1.10%

The current 90-days correlation between Consumer Staples Por and Kellanova is 0.33 (i.e., Weak diversification). The correlation of Consumer Staples 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.

Consumer Staples Correlation With Market

Average diversification

The correlation between Consumer Staples Portfolio and DJI is 0.18 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Consumer Staples Portfolio 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 Consumer Staples Portfolio. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in price.

Moving together with Consumer Mutual Fund

0.69	BG	Bunge Limited	Pair Corr
0.81	CL	Colgate Palmolive Fiscal Year End 24th of January 2025	Pair Corr
0.84	EL	Estee Lauder Companies	Pair Corr
0.91	KO	Coca Cola Aggressive Push	Pair Corr
0.71	PG	Procter Gamble	Pair Corr
0.77	UG	United Guardian	Pair Corr
0.84	UL	Unilever PLC ADR	Pair Corr
0.8	ADM	Archer Daniels Midland Sell-off Trend	Pair Corr

Moving against Consumer Mutual Fund

0.67	LW	Lamb Weston Holdings Sell-off Trend	Pair Corr
0.66	MO	Altria Group	Pair Corr
0.57	BJ	BJs Wholesale Club	Pair Corr
0.54	PM	Philip Morris Intern	Pair Corr
0.49	KR	Kroger Company Earnings Call This Week	Pair Corr
0.45	BRCNF	Burcon NutraScience Corp	Pair Corr
0.71	DAR	Darling Ingredients Sell-off Trend	Pair Corr
0.61	DDL	Dingdong ADR Downward Rally	Pair Corr
0.57	FIZZ	National Beverage Corp	Pair Corr
0.35	WILC	G Willi Food	Pair Corr

Related Correlations Analysis

	K	BG	BJ	CL	DG	EL	FC	GO	KO	KR
K		-0.62	0.71	-0.65	-0.49	-0.35	0.05	-0.07	-0.45	0.84	K
BG	-0.62		-0.65	0.86	0.45	0.74	0.29	0.19	0.82	-0.71	BG
BJ	0.71	-0.65		-0.81	-0.28	-0.49	-0.24	0.09	-0.7	0.79	BJ
CL	-0.65	0.86	-0.81		0.42	0.75	0.31	0.05	0.91	-0.83	CL
DG	-0.49	0.45	-0.28	0.42		0.38	0.15	0.18	0.35	-0.56	DG
EL	-0.35	0.74	-0.49	0.75	0.38		0.56	-0.15	0.87	-0.62	EL
FC	0.05	0.29	-0.24	0.31	0.15	0.56		-0.46	0.58	-0.23	FC
GO	-0.07	0.19	0.09	0.05	0.18	-0.15	-0.46		-0.13	0.1	GO
KO	-0.45	0.82	-0.7	0.91	0.35	0.87	0.58	-0.13		-0.72	KO
KR	0.84	-0.71	0.79	-0.83	-0.56	-0.62	-0.23	0.1	-0.72		KR
	K	BG	BJ	CL	DG	EL	FC	GO	KO	KR

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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

KO	+ 0.91	CL
KO	+ 0.87	EL
CL	+ 0.86	BG
KR	+ 0.84	K
KO	+ 0.82	BG
KR	+ 0.79	BJ

High negative correlations

KR	- 0.83	CL
CL	- 0.81	BJ
KR	- 0.72	KO
KR	- 0.71	BG
KO	- 0.7	BJ
BJ	- 0.65	BG

Risk-Adjusted Indicators

There is a big difference between Consumer Mutual Fund performing well and Consumer Staples Mutual Fund 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 Consumer Staples' 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
K	0.14	0.00	(0.57)	0.16	0.08	(0.16)	0.37	(0.35)	0.93
BG	1.17	(0.20)	0.00	(0.24)	0.00	0.00	2.01	(2.26)	9.04
BJ	1.15	0.19	0.11	0.43	1.00	(1.36)	2.56	(1.70)	5.52
CL	0.81	(0.11)	0.00	0.62	0.00	0.00	1.20	(1.74)	6.33
DG	1.80	(0.55)	0.00	0.84	0.00	0.00	2.69	(3.31)	32.77
EL	1.95	(0.43)	0.00	(0.43)	0.00	0.00	4.62	(3.42)	30.90
FC	1.52	(0.26)	0.00	(0.05)	0.00	0.00	2.51	(3.04)	22.53
GO	2.62	(0.03)	0.02	0.11	3.69	(2.84)	5.45	(5.23)	22.16
KO	0.70	(0.13)	0.00	(1.11)	0.00	0.00	1.18	(1.66)	4.07
KR	1.03	0.12	0.07	0.32	0.85	(1.16)	1.98	(1.95)	9.24

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