Jack In Correlations

JACK Stock  USD 20.65  0.24  1.18%   
The current 90-days correlation between Jack In and El Pollo Loco is 0.16 (i.e., Average diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Jack In moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Jack In The moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Jack In Correlation With Market

Very poor diversification

The correlation between Jack In The and DJI is 0.82 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Jack In The 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 Jack In The. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in services.

Moving together with Jack Stock

  0.76SGR The Star EntertainmentPairCorr
  0.77WING Wingstop Earnings Call This WeekPairCorr
  0.78CMG Chipotle Mexican GrillPairCorr
  0.82DRI Darden RestaurantsPairCorr
  0.63CEH Coast Entertainment Earnings Call This WeekPairCorr
  0.68SKC Skycity Entertainment Earnings Call This WeekPairCorr
  0.71BET Betmakers TechnologyPairCorr
  0.78MTY MTY Food Group Earnings Call This WeekPairCorr
  0.66SBUX StarbucksPairCorr

Moving against Jack Stock

  0.6ARKR Ark Restaurants CorpPairCorr
  0.57FATBB FAT BrandsPairCorr
  0.53PZZA Papa Johns InternationalPairCorr
  0.44ALL Aristocrat LeisurePairCorr
  0.39VVA Viva LeisurePairCorr
  0.76ZTLLF ZonetailPairCorr
  0.72GLABF Gemina LaboratoriesPairCorr
  0.57MSFT MicrosoftPairCorr
  0.31NVNIW Nvni Group LimitedPairCorr

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

DINBNED
MPXDIN
GCOPTLO
CTRNLOCO
DINLOCO
CTRNDIN
  

High negative correlations

BNEDTWNP
INVZDIN
INVZMPX
DINTWNP
CTRNTWNP
INVZBNED

Risk-Adjusted Indicators

There is a big difference between Jack Stock performing well and Jack In 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 Jack In'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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
LOCO  1.52 (0.11) 0.00 (0.02) 0.00 
 3.20 
 7.70 
TWNP  9.16 (6.52) 0.00 (15.68) 0.00 
 8.00 
 71.01 
BNED  3.27 (0.03) 0.02  0.06  3.68 
 4.80 
 42.63 
DIN  2.01  0.39  0.19  0.42  1.74 
 4.67 
 13.87 
CTRN  2.28  0.17  0.05  0.33  2.78 
 4.90 
 15.07 
MPX  2.04 (0.13) 0.00 (0.02) 0.00 
 3.34 
 21.83 
EMPD  3.98 (0.81) 0.00 (0.18) 0.00 
 5.81 
 35.01 
PTLO  2.11  0.09  0.05  0.14  2.18 
 5.19 
 14.89 
GCO  3.42 (0.19) 0.00 (0.03) 0.00 
 8.14 
 39.13 
INVZ  3.54 (0.96) 0.00 (0.21) 0.00 
 7.26 
 34.74 

Jack In Corporate Management

Rachel WebbVP RelationsProfile
Chris BrandonVice RelationsProfile
Doug CookVP CTOProfile
Ryan OstromExecutive OfficerProfile
Darin HarrisCEO DirectorProfile