Frontdoor Correlations
| FTDR Stock | USD 58.46 0.15 0.26% |
The current 90-days correlation between Frontdoor and Sealed Air is 0.05 (i.e., Significant diversification). The correlation of Frontdoor 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.
Frontdoor Correlation With Market
Modest diversification
The correlation between Frontdoor and DJI is 0.26 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Frontdoor and DJI in the same portfolio, assuming nothing else is changed.
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Moving together with Frontdoor Stock
| 0.71 | GV | Visionary Education | PairCorr |
| 0.81 | JZ | Jianzhi Education | PairCorr |
| 0.65 | KME | Kip Mcgrath Education | PairCorr |
| 0.91 | DUOL | Duolingo | PairCorr |
| 0.91 | GEM | G8 Education | PairCorr |
| 0.79 | EEIQ | Elite Education Group | PairCorr |
| 0.9 | ADT | ADT Inc | PairCorr |
| 0.89 | CSV | Carriage Services | PairCorr |
| 0.69 | GNS | Genius Group | PairCorr |
| 0.81 | HRB | HR Block | PairCorr |
| 0.86 | KLC | KinderCare Learning | PairCorr |
| 0.84 | LRN | Stride Inc | PairCorr |
| 0.71 | RGS | Regis Common | PairCorr |
| 0.77 | SCI | Service International | PairCorr |
| 0.78 | SGN | Signing Day Sports, | PairCorr |
| 0.84 | STG | Sunlands Technology | PairCorr |
| 0.76 | UTI | Universal Technical | PairCorr |
| 0.85 | VSA | TCTM Kids IT Symbol Change | PairCorr |
| 0.84 | GOTU | Gaotu Techedu DRC | PairCorr |
| 0.81 | IEL | Idp Education | PairCorr |
Moving against Frontdoor Stock
| 0.62 | AFL | Af Legal Group | PairCorr |
| 0.85 | NXD | Nexted Group | PairCorr |
| 0.36 | 600661 | Shanghai Xin Nanyang | PairCorr |
| 0.59 | 002830 | Shenzhen Mingdiao | PairCorr |
| 0.53 | 605098 | Shanghai Action Education | PairCorr |
Related Correlations Analysis
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 Frontdoor Stock performing well and Frontdoor 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 Frontdoor'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SEE | 1.36 | 0.37 | 0.21 | (3.15) | 1.02 | 2.49 | 19.98 | |||
| GPK | 1.44 | (0.36) | 0.00 | (0.88) | 0.00 | 2.76 | 17.54 | |||
| REYN | 0.96 | 0.02 | (0.03) | 0.30 | 1.34 | 2.36 | 9.71 | |||
| GOLF | 1.13 | 0.15 | 0.07 | 0.66 | 1.17 | 2.65 | 6.14 | |||
| EAT | 2.20 | 0.21 | 0.03 | (0.27) | 2.57 | 6.16 | 12.14 | |||
| MTH | 1.45 | (0.17) | 0.00 | (0.16) | 0.00 | 3.40 | 9.87 | |||
| CROX | 1.97 | 0.30 | 0.09 | (0.75) | 2.10 | 5.12 | 12.66 | |||
| BFAM | 1.61 | (0.06) | 0.00 | (1.54) | 0.00 | 3.40 | 23.49 | |||
| ABG | 1.44 | 0.03 | (0.04) | (0.01) | 1.79 | 2.87 | 8.25 | |||
| GPI | 1.35 | (0.13) | 0.00 | 1.00 | 0.00 | 2.79 | 10.14 |
Frontdoor Corporate Management
| Evan Iverson | Senior Officer | Profile | |
| Sally Shanks | Controller Officer | Profile | |
| Raj Midha | Chief Marketing Officer and Strategy Officer | Profile | |
| Meredith Diagostino | Vice Officer | Profile |