Jollibee Foods Correlations

JBFCY Stock

USD 18.25 0.80 4.58%

The current 90-days correlation between Jollibee Foods Corp and McDonalds Holdings is 0.06 (i.e., Significant diversification). The correlation of Jollibee 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. If the correlation is 0, the equities are not correlated; they are entirely random.

Jollibee Foods Correlation With Market

Very weak diversification

The correlation between Jollibee Foods Corp and DJI is 0.41 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Jollibee Foods Corp and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to Jollibee Foods could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Jollibee Foods 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 Jollibee Foods - 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 Jollibee Foods Corp to buy it.

Moving together with Jollibee Pink Sheet

0.72	MCD	McDonalds Fiscal Year End 3rd of February 2025	Pair Corr
0.64	GE	GE Aerospace Fiscal Year End 28th of January 2025	Pair Corr

Moving against Jollibee Pink Sheet

0.46

AMIX

Autonomix Medical, Common

Pair Corr

Related Correlations Analysis

	NATH	GTIM	MDNDF	CMPGY	EAT	BLMN	BJRI	CHUY	DENN
NATH		-0.51	-0.23	0.71	0.8	-0.52	0.82	0.45	0.48	NATH
GTIM	-0.51		0.14	-0.52	-0.59	0.64	-0.32	-0.59	-0.06	GTIM
MDNDF	-0.23	0.14		-0.44	-0.62	0.42	-0.31	0.16	-0.17	MDNDF
CMPGY	0.71	-0.52	-0.44		0.73	-0.47	0.55	0.53	0.58	CMPGY
EAT	0.8	-0.59	-0.62	0.73		-0.79	0.76	0.36	0.39	EAT
BLMN	-0.52	0.64	0.42	-0.47	-0.79		-0.38	-0.4	-0.01	BLMN
BJRI	0.82	-0.32	-0.31	0.55	0.76	-0.38		0.23	0.47	BJRI
CHUY	0.45	-0.59	0.16	0.53	0.36	-0.4	0.23		0.13	CHUY
DENN	0.48	-0.06	-0.17	0.58	0.39	-0.01	0.47	0.13		DENN
	NATH	GTIM	MDNDF	CMPGY	EAT	BLMN	BJRI	CHUY	DENN

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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

BJRI	+ 0.82	NATH
EAT	+ 0.8	NATH
BJRI	+ 0.76	EAT
EAT	+ 0.73	CMPGY
CMPGY	+ 0.71	NATH
BLMN	+ 0.64	GTIM

High negative correlations

BLMN	- 0.79	EAT
EAT	- 0.62	MDNDF
CHUY	- 0.59	GTIM
EAT	- 0.59	GTIM
CMPGY	- 0.52	GTIM
BLMN	- 0.52	NATH

Risk-Adjusted Indicators

There is a big difference between Jollibee Pink Sheet performing well and Jollibee 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 Jollibee 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.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
NATH	1.56	0.05	0.04	0.16	1.70	(1.71)	3.11	(2.61)	9.20
GTIM	2.18	(0.32)	0.00	(0.18)	0.00	0.00	4.49	(4.59)	16.72
MDNDF	0.48	(0.17)	0.00	(0.27)	0.00	0.00	0.00	(1.13)	11.33
CMPGY	0.71	0.04	(0.04)	0.21	0.78	(0.82)	1.60	(1.64)	5.24
EAT	1.86	0.79	0.45	0.75	1.25	(2.37)	5.04	(2.48)	11.91
BLMN	2.16	(0.64)	0.00	(0.26)	0.00	0.00	3.57	(4.86)	17.72
BJRI	1.99	0.01	0.03	0.13	2.27	(2.24)	4.05	(2.64)	13.19
CHUY	1.59	0.77	3.23	1.75	0.00	(1.83)	0.67	(0.27)	48.46
DENN	2.45	(0.09)	0.00	0.07	3.74	(2.82)	5.26	(4.19)	26.32

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Our tools can tell you how much better you can do entering a position in Jollibee Foods without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Jollibee Foods Corporate Management

Daniel III	Chief Officer	Profile
Attorney Amante	VP, Ethics	Profile
Arsenio Sabado	Chief Human Resource Officer	Profile
Susana Tanmantiong	Chief Procurement Officer	Profile
Corazon Palomar	Director Relations	Profile

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