Hf Foods Correlations

HFFG Stock  USD 3.54  0.13  3.81%   
The current 90-days correlation between Hf Foods Group and Calavo Growers is 0.04 (i.e., Significant diversification). The correlation of Hf Foods 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.

Hf Foods Correlation With Market

Very weak diversification

The correlation between Hf Foods Group and DJI is 0.53 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Hf Foods 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 Hf Foods 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 census.

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Related Correlations Analysis

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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   
USFDPFGC
AVOCVGW
AVOUSFD
PFGCIVFH
USFDCHEF
USFDIVFH
  
High negative correlations   
DITIVFH
USFDDIT
PFGCDIT
ANDEIVFH
AVODIT
ANDEPFGC

Risk-Adjusted Indicators

There is a big difference between HFFG Stock performing well and Hf 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 Hf 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.

Hf Foods Corporate Management

Xi LinChief OfficerProfile
Carlos RodriguezChief OfficerProfile
Christine JDGeneral OfficerProfile
Cindy YaoChief OfficerProfile
Christine ChangGeneral OfficerProfile
Xiao ZhangCEO DirectorProfile