GEN Restaurant Correlations

GENK Stock

7.77 0.01 0.13%

The current 90-days correlation between GEN Restaurant Group, and Park Ohio Holdings is 0.08 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as GEN Restaurant moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if GEN Restaurant Group, moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

GEN Restaurant Correlation With Market

Significant diversification

The correlation between GEN Restaurant Group, and DJI is 0.06 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding GEN Restaurant Group, and DJI in the same portfolio, assuming nothing else is changed.

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GEN Restaurant Group,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Moving against GEN Stock

0.34

FND

Floor Decor Holdings

Pair Corr

Related Correlations Analysis

	DFH	BOOT	VSCO	PH	PKOH	VRA	TLF
DFH		0.74	-0.55	-0.35	-0.32	0.18	-0.11	DFH
BOOT	0.74		-0.47	-0.23	-0.33	-0.06	0.12	BOOT
VSCO	-0.55	-0.47		0.92	0.75	-0.12	0.15	VSCO
PH	-0.35	-0.23	0.92		0.83	-0.14	0.18	PH
PKOH	-0.32	-0.33	0.75	0.83		0.21	-0.02	PKOH
VRA	0.18	-0.06	-0.12	-0.14	0.21		-0.02	VRA
TLF	-0.11	0.12	0.15	0.18	-0.02	-0.02		TLF
	DFH	BOOT	VSCO	PH	PKOH	VRA	TLF

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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

PH	+ 0.92	VSCO
PKOH	+ 0.83	PH
PKOH	+ 0.75	VSCO
BOOT	+ 0.74	DFH
VRA	+ 0.21	PKOH
VRA	+ 0.18	DFH

High negative correlations

VSCO	- 0.55	DFH
VSCO	- 0.47	BOOT
PH	- 0.35	DFH
PKOH	- 0.33	BOOT
PKOH	- 0.32	DFH
PH	- 0.23	BOOT

Risk-Adjusted Indicators

There is a big difference between GEN Stock performing well and GEN Restaurant 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 GEN Restaurant'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
DFH	2.42	(0.12)	(0.02)	0.04	2.78	(2.83)	5.24	(4.21)	15.73
BOOT	1.80	(0.05)	(0.02)	0.04	3.82	(1.78)	2.98	(3.12)	29.69
VSCO	2.33	0.69	0.24	1.73	2.11	(2.71)	5.90	(3.95)	11.24
PH	0.93	0.11	0.15	0.19	0.82	(1.12)	2.18	(1.25)	11.35
PKOH	1.66	(0.09)	0.05	0.09	1.88	(1.79)	2.93	(3.59)	19.17
VRA	1.71	(0.32)	0.00	(0.13)	0.00	0.00	3.94	(3.84)	12.01
TLF	1.22	0.02	0.00	0.05	0.00	0.00	3.02	(3.31)	8.51

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