F45 Training Correlations

Summary

FXLVDelisted Stock

USD 0.57 0.02 3.39%

The current 90-days correlation between F45 Training Holdings and Escalade Incorporated is 0.07 (i.e., Significant diversification). The correlation of F45 Training 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.

F45 Training Correlation With Market

Average diversification

The correlation between F45 Training Holdings and DJI is 0.17 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding F45 Training Holdings and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to F45 Training could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace F45 Training when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back F45 Training - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling F45 Training Holdings to buy it.

Moving together with F45 Pink Sheet

0.87	GEAR	Revelyst,	Pair Corr
0.91	OI	O I Glass	Pair Corr
0.9	VIRC	Virco Manufacturing Upward Rally	Pair Corr
0.76	EBET	Ebet Inc	Pair Corr
0.8	F-PB	Ford Motor	Pair Corr
0.85	F-PC	Ford Motor	Pair Corr
0.76	F-PD	F PD	Pair Corr
0.77	WPRT	Westport Fuel Systems	Pair Corr
0.81	AVY	Avery Dennison Corp Earnings Call This Week	Pair Corr
0.84	CCK	Crown Holdings	Pair Corr
0.68	GEF	Greif Bros	Pair Corr
0.7	GPK	Graphic Packaging Holding	Pair Corr
0.74	KFS	Kingsway Financial	Pair Corr
0.61	MMA	Alta Global Group	Pair Corr

Moving against F45 Pink Sheet

0.31	FIGS	Figs Inc	Pair Corr
0.67	FATBP	FAT Brands	Pair Corr
0.56	BC-PB	Brunswick Corp	Pair Corr
0.42	KAR	KAR Auction Services	Pair Corr
0.36	NCL	Northann Corp	Pair Corr

Related Correlations Analysis

	LTH	BOWL	PLNT	JAKK	MODG	SEAS	JOUT	YETI	ESCA	CLAR
LTH		-0.34	-0.1	-0.16	0.38	-0.36	-0.16	-0.01	0.03	-0.11	LTH
BOWL	-0.34		-0.28	0.02	0.05	0.39	0.35	0.26	-0.05	0.19	BOWL
PLNT	-0.1	-0.28		0.13	-0.86	0.23	0.35	0.45	0.69	0.5	PLNT
JAKK	-0.16	0.02	0.13		-0.01	0.53	-0.22	-0.04	0.32	0.29	JAKK
MODG	0.38	0.05	-0.86	-0.01		-0.32	-0.31	-0.38	-0.57	-0.46	MODG
SEAS	-0.36	0.39	0.23	0.53	-0.32		0.02	0.47	0.54	0.59	SEAS
JOUT	-0.16	0.35	0.35	-0.22	-0.31	0.02		0.62	0.19	0.37	JOUT
YETI	-0.01	0.26	0.45	-0.04	-0.38	0.47	0.62		0.56	0.64	YETI
ESCA	0.03	-0.05	0.69	0.32	-0.57	0.54	0.19	0.56		0.77	ESCA
CLAR	-0.11	0.19	0.5	0.29	-0.46	0.59	0.37	0.64	0.77		CLAR
	LTH	BOWL	PLNT	JAKK	MODG	SEAS	JOUT	YETI	ESCA	CLAR

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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

CLAR	+ 0.77	ESCA
ESCA	+ 0.69	PLNT
CLAR	+ 0.64	YETI
YETI	+ 0.62	JOUT
CLAR	+ 0.59	SEAS
ESCA	+ 0.56	YETI

High negative correlations

MODG	- 0.86	PLNT
ESCA	- 0.57	MODG
CLAR	- 0.46	MODG
YETI	- 0.38	MODG
SEAS	- 0.36	LTH
BOWL	- 0.34	LTH

Risk-Adjusted Indicators

There is a big difference between F45 Pink Sheet performing well and F45 Training 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 F45 Training'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
LTH	1.60	0.12	0.04	0.38	2.39	(1.52)	3.14	(3.33)	11.23
BOWL	2.37	0.00	(0.01)	0.08	2.68	(2.71)	4.94	(4.92)	17.40
PLNT	1.41	0.37	0.23	1.36	1.21	(1.62)	3.05	(2.05)	15.55
JAKK	1.85	0.15	0.05	(1.26)	2.11	(2.00)	3.68	(3.72)	20.03
MODG	2.37	(0.39)	0.00	(0.68)	0.00	0.00	4.22	(4.45)	18.02
SEAS	1.85	0.00	0.00	0.02	2.18	(1.94)	3.85	(3.45)	10.32
JOUT	1.75	0.00	(0.01)	0.05	2.32	(1.82)	3.95	(4.07)	11.70
YETI	1.68	(0.15)	0.00	(0.19)	0.00	0.00	3.41	(3.01)	12.33
ESCA	1.99	0.21	0.06	0.33	2.80	(1.83)	4.95	(4.55)	15.09
CLAR	2.14	0.13	0.04	0.28	2.93	(2.17)	4.35	(5.60)	18.59

View F45 Training Related Equities

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Correlation

F45 Training Corporate Management

Patrick Grosso	Chief Legal Officer	Profile
Patrick Esq	Chief Sec	Profile
Ryan Mayes	Chief Officer	Profile
Gunnar Peterson	Chief Athletics	Profile
Ruth Zukerman	Director	Profile

Still Interested in F45 Training Holdings?

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