FGI Industries Correlations
| FGI Stock | USD 0.81 0.01 1.22% |
The current 90-days correlation between FGI Industries and Yoshitsu Co Ltd is 0.01 (i.e., Significant diversification). The correlation of FGI Industries 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.
FGI Industries Correlation With Market
Significant diversification
The correlation between FGI Industries 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 FGI Industries and DJI in the same portfolio, assuming nothing else is changed.
FGI |
Moving together with FGI Stock
Moving against FGI Stock
| 0.51 | ETD | Ethan Allen Interiors | PairCorr |
| 0.47 | MHK | Mohawk Industries | PairCorr |
| 0.45 | LCUT | Lifetime Brands | PairCorr |
| 0.45 | NVFY | Nova Lifestyle I | PairCorr |
| 0.45 | PRPL | Purple Innovation | PairCorr |
| 0.41 | VIOT | Viomi Technology ADR | PairCorr |
| 0.35 | LZB | La Z Boy Earnings Call This Week | PairCorr |
| 0.34 | TPX | Tempur Sealy Interna | PairCorr |
| 0.33 | KEQU | Kewaunee Scientific | PairCorr |
| 0.58 | GV | Visionary Education | PairCorr |
| 0.52 | DIBS | 1StdibsCom | PairCorr |
| 0.51 | COOK | Traeger | PairCorr |
| 0.43 | AN | AutoNation | PairCorr |
| 0.35 | ATER | Aterian | PairCorr |
Related Correlations Analysis
| -0.07 | 0.34 | -0.29 | 0.05 | FGF | ||
| -0.07 | -0.67 | 0.46 | -0.11 | TKLF | ||
| 0.34 | -0.67 | -0.5 | 0.22 | HOUR | ||
| -0.29 | 0.46 | -0.5 | 0.31 | DRCT | ||
| 0.05 | -0.11 | 0.22 | 0.31 | MTEK | ||
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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 FGI Stock performing well and FGI Industries 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 FGI Industries' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| FGF | 5.08 | 0.74 | 0.09 | 4.19 | 6.75 | 15.93 | 55.76 | |||
| TKLF | 4.52 | (0.57) | 0.00 | 1.45 | 0.00 | 12.41 | 41.77 | |||
| HOUR | 2.45 | 0.21 | 0.05 | 0.37 | 3.46 | 4.40 | 42.64 | |||
| DRCT | 5.20 | (1.17) | 0.00 | (0.70) | 0.00 | 8.40 | 55.53 | |||
| MTEK | 2.08 | (0.11) | 0.00 | (0.17) | 0.00 | 7.14 | 17.37 |
FGI Industries Corporate Management
| Bob Kermelewicz | Executive USA | Profile | |
| Norman Kroenke | Executive Europe | Profile | |
| Perry Lin | Chief Officer | Profile | |
| Jae Chung | Senior Development | Profile |