FG Group Correlations

Summary

FGHDelisted Stock

1.68 0.07 4.00%

The current 90-days correlation between FG Group Holdings and Drive Shack is 0.23 (i.e., Modest diversification). The correlation of FG Group 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.

FG Group Correlation With Market

Good diversification

The correlation between FG Group Holdings and DJI is -0.01 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding FG Group Holdings and DJI in the same portfolio, assuming nothing else is changed.

Check out Investing Opportunities 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 price.

Moving against FGH Stock

0.6	IBM	International Business Fiscal Year End 22nd of January 2025	Pair Corr
0.57	MET	MetLife Sell-off Trend	Pair Corr
0.55	HD	Home Depot	Pair Corr
0.51	XOM	Exxon Mobil Corp Fiscal Year End 7th of February 2025	Pair Corr
0.48	AXP	American Express Fiscal Year End 24th of January 2025	Pair Corr
0.46	CVX	Chevron Corp Sell-off Trend	Pair Corr
0.45	DIS	Walt Disney Sell-off Trend	Pair Corr
0.44	AA	Alcoa Corp Fiscal Year End 15th of January 2025	Pair Corr
0.44	MCD	McDonalds Fiscal Year End 3rd of February 2025	Pair Corr
0.43	CAT	Caterpillar Fiscal Year End 3rd of February 2025	Pair Corr
0.43	GE	GE Aerospace Fiscal Year End 28th of January 2025	Pair Corr
0.41	JXN-PA	Jackson Financial	Pair Corr
0.38	T	ATT Inc Fiscal Year End 22nd of January 2025	Pair Corr
0.36	BAC	Bank of America Aggressive Push	Pair Corr
0.36	INTC	Intel Fiscal Year End 23rd of January 2025	Pair Corr
0.32	JPM	JPMorgan Chase Sell-off Trend	Pair Corr

Related Correlations Analysis

	OSW	GMWKF	DSHK	JOUT	AOUT	CLAR	ESCA	JAKK	MAT	FNKO
OSW		0.78	-0.37	-0.58	0.51	0.35	0.69	0.83	0.05	0.04	OSW
GMWKF	0.78		-0.48	-0.59	0.6	0.15	0.49	0.68	0.06	0.11	GMWKF
DSHK	-0.37	-0.48		0.56	-0.17	0.15	0.01	-0.47	-0.2	-0.16	DSHK
JOUT	-0.58	-0.59	0.56		-0.34	0.27	-0.21	-0.55	-0.06	-0.04	JOUT
AOUT	0.51	0.6	-0.17	-0.34		0.08	0.33	0.26	-0.16	0.1	AOUT
CLAR	0.35	0.15	0.15	0.27	0.08		0.43	0.35	0.22	0.36	CLAR
ESCA	0.69	0.49	0.01	-0.21	0.33	0.43		0.5	-0.09	-0.06	ESCA
JAKK	0.83	0.68	-0.47	-0.55	0.26	0.35	0.5		0.43	0.1	JAKK
MAT	0.05	0.06	-0.2	-0.06	-0.16	0.22	-0.09	0.43		0.32	MAT
FNKO	0.04	0.11	-0.16	-0.04	0.1	0.36	-0.06	0.1	0.32		FNKO
	OSW	GMWKF	DSHK	JOUT	AOUT	CLAR	ESCA	JAKK	MAT	FNKO

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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

JAKK	+ 0.83	OSW
GMWKF	+ 0.78	OSW
ESCA	+ 0.69	OSW
JAKK	+ 0.68	GMWKF
AOUT	+ 0.6	GMWKF
JOUT	+ 0.56	DSHK

High negative correlations

JOUT	- 0.59	GMWKF
JOUT	- 0.58	OSW
JAKK	- 0.55	JOUT
DSHK	- 0.48	GMWKF
JAKK	- 0.47	DSHK
DSHK	- 0.37	OSW

Risk-Adjusted Indicators

There is a big difference between FGH Stock performing well and FG Group 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 FG Group'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
OSW	1.21	0.14	0.13	0.23	1.12	(1.48)	3.27	(2.29)	8.13
GMWKF	1.46	0.32	0.06	0.52	1.65	(2.96)	3.99	(4.34)	17.98
DSHK	7.66	0.78	0.03	(0.49)	11.38	(9.86)	15.79	(19.05)	61.36
JOUT	1.38	(0.24)	0.00	(0.07)	0.00	0.00	2.76	(2.32)	8.36
AOUT	1.94	0.03	(0.01)	0.20	2.53	(2.32)	3.70	(4.77)	15.12
CLAR	1.93	(0.05)	0.00	0.09	2.70	(1.86)	4.24	(4.77)	12.96
ESCA	2.21	(0.01)	0.02	0.12	3.27	(2.11)	5.20	(4.79)	16.07
JAKK	1.96	0.35	0.09	(27.47)	2.06	(2.04)	4.04	(3.44)	20.03
MAT	1.32	0.00	0.00	0.15	0.00	0.00	2.93	(2.31)	11.42
FNKO	2.03	0.17	0.04	0.35	2.85	(2.02)	5.62	(5.08)	18.66

View FG Group Related Equities

OneSpaWorld Holdings Games Workshop Group Drive Shack Johnson Outdoors American Outdoor Brands Clarus Corp Escalade Incorporated JAKKS Pacific Mattel Inc Funko Inc Madison Square Garden Life Time Group Callaway Golf Xponential Fitness Acushnet Holdings Corp

Risk & Return

Correlation

FG Group Corporate Executives

Elected by the shareholders, the FG Group's board of directors comprises two types of representatives: FG Group inside directors who are chosen from within the company, and outside directors, selected externally and held independent of FGH. The board's role is to monitor FG Group's management team and ensure that shareholders' interests are well served. FG Group's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, FG Group's outside directors are responsible for providing unbiased perspectives on the board's policies.

Todd Major

Secretary CFO

Profile

Still Interested in FG Group Holdings?

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