Whole Earth Correlations

Summary

The current 90-days correlation between Whole Earth Brands and Lifeway Foods is 0.14 (i.e., Average diversification). The correlation of Whole Earth 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.

Whole Earth Correlation With Market

Good diversification

The correlation between Whole Earth Brands and DJI is -0.02 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Whole Earth Brands 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 income.

Moving together with Whole Stock

0.72	TRV	The Travelers Companies Fiscal Year End 17th of January 2025	Pair Corr
0.72	CSCO	Cisco Systems Aggressive Push	Pair Corr
0.82	JPM	JPMorgan Chase Fiscal Year End 10th of January 2025	Pair Corr
0.8	BAC	Bank of America Fiscal Year End 10th of January 2025	Pair Corr
0.66	DIS	Walt Disney	Pair Corr
0.66	WMT	Walmart Aggressive Push	Pair Corr

Moving against Whole Stock

0.75	MRK	Merck Company Fiscal Year End 6th of February 2025	Pair Corr
0.71	DIT	AMCON Distributing	Pair Corr
0.71	BKRKY	Bank Rakyat	Pair Corr
0.7	TLK	Telkom Indonesia Tbk	Pair Corr
0.7	PPERY	Bank Mandiri Persero	Pair Corr
0.67	PFE	Pfizer Inc Aggressive Push	Pair Corr
0.59	PPERF	Bank Mandiri Persero	Pair Corr
0.55	JNJ	Johnson Johnson Sell-off Trend	Pair Corr
0.48	VZ	Verizon Communications Aggressive Push	Pair Corr
0.47	BKRKF	PT Bank Rakyat	Pair Corr
0.45	PTAIY	Astra International Tbk Downward Rally	Pair Corr

Related Correlations Analysis

	SENEB	LWAY	JBSS	RGF	NATR	JJSF	SMPL	CENTA	CENT	MKC-V
SENEB		-0.1	-0.29	-0.2	0.23	-0.09	0.18	0.16	0.18	-0.25	SENEB
LWAY	-0.1		-0.06	-0.58	-0.12	0.11	0.29	-0.86	-0.86	-0.13	LWAY
JBSS	-0.29	-0.06		0.7	-0.67	-0.05	-0.75	-0.01	-0.06	0.69	JBSS
RGF	-0.2	-0.58	0.7		-0.53	-0.11	-0.78	0.45	0.42	0.69	RGF
NATR	0.23	-0.12	-0.67	-0.53		0.32	0.8	0.34	0.36	-0.54	NATR
JJSF	-0.09	0.11	-0.05	-0.11	0.32		0.26	0.16	0.15	-0.1	JJSF
SMPL	0.18	0.29	-0.75	-0.78	0.8	0.26		-0.02	0.01	-0.45	SMPL
CENTA	0.16	-0.86	-0.01	0.45	0.34	0.16	-0.02		1.0	0.15	CENTA
CENT	0.18	-0.86	-0.06	0.42	0.36	0.15	0.01	1.0		0.12	CENT
MKC-V	-0.25	-0.13	0.69	0.69	-0.54	-0.1	-0.45	0.15	0.12		MKC-V
	SENEB	LWAY	JBSS	RGF	NATR	JJSF	SMPL	CENTA	CENT	MKC-V

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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

CENT	+ 1.0	CENTA
SMPL	+ 0.8	NATR
RGF	+ 0.7	JBSS
MKC-V	+ 0.69	JBSS
MKC-V	+ 0.69	RGF
CENTA	+ 0.45	RGF

High negative correlations

CENT	- 0.86	LWAY
CENTA	- 0.86	LWAY
SMPL	- 0.78	RGF
SMPL	- 0.75	JBSS
NATR	- 0.67	JBSS
RGF	- 0.58	LWAY

Risk-Adjusted Indicators

There is a big difference between Whole Stock performing well and Whole Earth 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 Whole Earth'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
SENEB	1.27	0.27	0.06	(4.62)	1.22	(2.17)	4.02	(2.64)	11.90
LWAY	2.28	0.39	0.13	0.78	2.34	(2.72)	4.86	(5.06)	31.34
JBSS	1.07	(0.28)	0.00	(0.13)	0.00	0.00	1.54	(2.16)	12.01
RGF	4.53	(0.55)	0.00	(0.75)	0.00	0.00	7.50	(9.09)	41.41
NATR	2.09	0.07	0.10	0.15	1.82	(2.70)	6.11	(2.99)	22.72
JJSF	0.99	(0.12)	(0.08)	0.01	1.26	(1.04)	2.12	(1.89)	9.61
SMPL	1.14	0.24	0.14	0.54	1.03	(1.26)	2.91	(1.69)	5.79
CENTA	1.28	(0.15)	(0.09)	(0.01)	1.45	(1.46)	2.74	(2.72)	6.82
CENT	1.26	(0.11)	(0.08)	0.00	1.44	(1.45)	2.81	(2.33)	6.39
MKC-V	0.96	0.00	0.00	0.13	0.00	0.00	2.22	(2.75)	5.53

Whole Earth Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Whole Earth stock to make a market-neutral strategy. Peer analysis of Whole Earth could also be used in its relative valuation, which is a method of valuing Whole Earth by comparing valuation metrics with similar companies.

Seneca Foods Corp Lifeway Foods John B Sanfilippo Real Good Food Natures Sunshine Products J J Snack Simply Good Foods Central Garden Pet Central Garden Pet McCormick Company Incorporated Seneca Foods Corp Lifevantage American Airlines Group Alcoa Corp Apple Inc

Risk & Return

Correlation

Whole Earth Corporate Management

Bernardo Fiaux	Chief Officer	Profile
Simone Adeshina	Vice Resources	Profile
Brian Litman	Chief Officer	Profile
Trisha Fox	Chief Officer	Profile
Albert Manzone	CEO Director	Profile

Still Interested in Whole Earth Brands?

Investing in delisted delisted stocks can be risky, as the stock is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.

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