Flowers Foods Correlations

FLO Stock

USD 22.43 0.21 0.95%

The current 90-days correlation between Flowers Foods and McCormick Company Incorporated is 0.35 (i.e., Weak diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Flowers Foods moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Flowers Foods moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Flowers Foods Correlation With Market

Good diversification

The correlation between Flowers Foods and DJI is -0.17 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Flowers Foods 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 Flowers Foods. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

To learn how to invest in Flowers Stock, please use our How to Invest in Flowers Foods guide.

Moving together with Flowers Stock

0.8	CAG	ConAgra Foods	Pair Corr
0.84	CPB	Campbell Soup	Pair Corr
0.82	GIS	General Mills	Pair Corr
0.69	HRL	Hormel Foods Earnings Call This Week	Pair Corr
0.72	RGF	Real Good Food	Pair Corr
0.69	SJM	JM Smucker	Pair Corr
0.8	THS	Treehouse Foods	Pair Corr
0.7	JBSS	John B Sanfilippo	Pair Corr
0.87	NOMD	Nomad Foods	Pair Corr
0.8	POST	Post Holdings	Pair Corr
0.7	BG	Bunge Limited	Pair Corr
0.82	CL	Colgate Palmolive Fiscal Year End 24th of January 2025	Pair Corr
0.63	GV	Visionary Education	Pair Corr
0.81	KO	Coca Cola Aggressive Push	Pair Corr
0.71	PG	Procter Gamble	Pair Corr

Moving against Flowers Stock

0.77	PPC	Pilgrims Pride Corp	Pair Corr
0.69	BJ	BJs Wholesale Club	Pair Corr
0.68	TPB	Turning Point Brands	Pair Corr
0.55	INGR	Ingredion Incorporated	Pair Corr
0.51	PM	Philip Morris Intern	Pair Corr
0.51	FTFT	Future Fintech Group	Pair Corr
0.5	SMPL	Simply Good Foods Sell-off Trend	Pair Corr
0.47	SENEA	Seneca Foods Corp	Pair Corr
0.43	LANC	Lancaster Colony	Pair Corr
0.36	K	Kellanova	Pair Corr
0.77	LW	Lamb Weston Holdings	Pair Corr
0.63	JZ	Jianzhi Education	Pair Corr
0.62	KR	Kroger Company Earnings Call This Week	Pair Corr
0.46	EEIQ	Elite Education Group	Pair Corr
0.43	MO	Altria Group	Pair Corr
0.32	VINE	Fresh Grapes LLC	Pair Corr

Related Correlations Analysis

	CAG	MKC	CPB	K	GIS	HRL	LW	SJM	LANC	THS
CAG		0.86	0.93	-0.49	0.9	0.79	-0.8	0.73	-0.43	0.83	CAG
MKC	0.86		0.8	-0.36	0.89	0.61	-0.78	0.7	-0.39	0.84	MKC
CPB	0.93	0.8		-0.57	0.88	0.86	-0.78	0.78	-0.45	0.87	CPB
K	-0.49	-0.36	-0.57		-0.44	-0.43	0.65	-0.2	0.4	-0.38	K
GIS	0.9	0.89	0.88	-0.44		0.74	-0.8	0.76	-0.48	0.91	GIS
HRL	0.79	0.61	0.86	-0.43	0.74		-0.65	0.71	-0.47	0.77	HRL
LW	-0.8	-0.78	-0.78	0.65	-0.8	-0.65		-0.52	0.66	-0.71	LW
SJM	0.73	0.7	0.78	-0.2	0.76	0.71	-0.52		-0.34	0.87	SJM
LANC	-0.43	-0.39	-0.45	0.4	-0.48	-0.47	0.66	-0.34		-0.42	LANC
THS	0.83	0.84	0.87	-0.38	0.91	0.77	-0.71	0.87	-0.42		THS
	CAG	MKC	CPB	K	GIS	HRL	LW	SJM	LANC	THS

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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

CPB	+ 0.93	CAG
THS	+ 0.91	GIS
GIS	+ 0.9	CAG
GIS	+ 0.89	MKC
GIS	+ 0.88	CPB
THS	+ 0.87	CPB

High negative correlations

LW	- 0.8	GIS
LW	- 0.8	CAG
LW	- 0.78	CPB
LW	- 0.78	MKC
THS	- 0.71	LW
LW	- 0.65	HRL

Risk-Adjusted Indicators

There is a big difference between Flowers Stock performing well and Flowers Foods 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 Flowers Foods' 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
CAG	0.95	(0.16)	0.00	(0.88)	0.00	0.00	1.71	(2.67)	10.38
MKC	0.85	(0.01)	0.00	0.19	0.00	0.00	1.47	(1.43)	4.93
CPB	0.95	(0.18)	0.00	(2.00)	0.00	0.00	1.48	(2.42)	7.11
K	0.14	0.00	(0.57)	0.16	0.08	(0.16)	0.37	(0.35)	0.93
GIS	0.72	(0.10)	0.00	0.73	0.00	0.00	1.31	(2.17)	4.70
HRL	0.93	(0.05)	0.00	(1.77)	0.00	0.00	1.65	(2.70)	8.25
LW	1.09	0.34	0.13	6.69	1.27	(1.26)	2.57	(2.18)	16.32
SJM	0.96	(0.10)	0.00	(0.63)	0.00	0.00	2.34	(1.72)	6.05
LANC	1.14	0.21	0.03	(0.76)	1.45	(1.25)	3.43	(2.03)	9.59
THS	1.54	(0.27)	0.00	(0.16)	0.00	0.00	2.71	(2.61)	17.32

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