JAKKS Pacific Correlations

JAKK Stock

USD 27.70 0.43 1.58%

A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as JAKKS Pacific moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if JAKKS Pacific moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

JAKKS Pacific Correlation With Market

Modest diversification

The correlation between JAKKS Pacific and DJI is 0.24 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding JAKKS Pacific 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 JAKKS Pacific. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.

For more information on how to buy JAKKS Stock please use our How to buy in JAKKS Stock guide.

Moving against JAKKS Stock

0.65	CRI	Carters	Pair Corr
0.51	DOOO	BRP Inc	Pair Corr
0.33	WLDS	Wearable Devices	Pair Corr
0.35	NKE	Nike Inc	Pair Corr

Related Correlations Analysis

	ESCA	CLAR	SEAS	FUN	AOUT	OSW	LEAT	SIX
ESCA		0.76	0.44	0.68	0.38	0.76	-0.3	0.23	ESCA
CLAR	0.76		0.38	0.5	0.5	0.64	-0.23	0.19	CLAR
SEAS	0.44	0.38		0.36	-0.11	0.42	0.25	-0.31	SEAS
FUN	0.68	0.5	0.36		0.6	0.92	-0.56	0.36	FUN
AOUT	0.38	0.5	-0.11	0.6		0.63	-0.7	0.74	AOUT
OSW	0.76	0.64	0.42	0.92	0.63		-0.5	0.3	OSW
LEAT	-0.3	-0.23	0.25	-0.56	-0.7	-0.5		-0.61	LEAT
SIX	0.23	0.19	-0.31	0.36	0.74	0.3	-0.61		SIX
	ESCA	CLAR	SEAS	FUN	AOUT	OSW	LEAT	SIX

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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

OSW	+ 0.92	FUN
CLAR	+ 0.76	ESCA
OSW	+ 0.76	ESCA
SIX	+ 0.74	AOUT
FUN	+ 0.68	ESCA
OSW	+ 0.64	CLAR

High negative correlations

LEAT	- 0.7	AOUT
SIX	- 0.61	LEAT
LEAT	- 0.56	FUN
LEAT	- 0.5	OSW
SIX	- 0.31	SEAS
LEAT	- 0.3	ESCA

Risk-Adjusted Indicators

There is a big difference between JAKKS Stock performing well and JAKKS Pacific 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 JAKKS Pacific'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
ESCA	1.98	0.15	0.05	0.22	2.74	(1.79)	4.95	(4.55)	15.09
CLAR	2.11	0.10	0.03	0.26	2.94	(2.10)	4.35	(5.60)	18.59
SEAS	1.85	0.02	0.01	0.09	2.18	(1.94)	3.85	(3.45)	10.32
FUN	1.56	0.25	0.15	3.40	1.53	(1.81)	4.52	(2.65)	10.63
AOUT	2.35	0.87	0.32	1.35	2.12	(2.82)	8.39	(3.86)	25.23
OSW	1.21	0.24	0.14	0.63	1.36	(1.37)	3.26	(2.70)	9.31
LEAT	1.78	(0.11)	0.00	0.33	0.00	0.00	4.17	(4.55)	17.65
SIX	1.85	0.40	0.22	0.75	1.59	(2.30)	5.80	(3.33)	10.72

JAKKS Pacific Corporate Executives

Elected by the shareholders, the JAKKS Pacific's board of directors comprises two types of representatives: JAKKS Pacific inside directors who are chosen from within the company, and outside directors, selected externally and held independent of JAKKS. The board's role is to monitor JAKKS Pacific's management team and ensure that shareholders' interests are well served. JAKKS Pacific's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, JAKKS Pacific's outside directors are responsible for providing unbiased perspectives on the board's policies.

John Kimble

Executive CFO

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