MasterBrand Correlations

MBC Stock

11.04 0.13 1.16%

The current 90-days correlation between MasterBrand and Interface is 0.28 (i.e., Modest diversification). The correlation of MasterBrand 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.

MasterBrand Correlation With Market

Weak diversification

The correlation between MasterBrand and DJI is 0.35 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding MasterBrand and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with MasterBrand Stock

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MasterBrand. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

For information on how to trade MasterBrand Stock refer to our How to Trade MasterBrand Stock guide.

Moving together with MasterBrand Stock

0.81	UA	Under Armour C Buyout Trend	Pair Corr
0.69	DOGZ	Dogness International	Pair Corr
0.76	VEEE	Twin Vee Powercats	Pair Corr
0.74	WLDS	Wearable Devices	Pair Corr
0.63	EZGO	EZGO Technologies	Pair Corr
0.73	DOCS	Dr Martens PLC	Pair Corr
0.79	JXG	JX Luxventure Limited	Pair Corr
0.7	KTB	Kontoor Brands	Pair Corr
0.73	SGC	Superior Uniform	Pair Corr
0.78	UAA	Under Armour A Buyout Trend	Pair Corr
0.74	UHG	United Homes Group	Pair Corr

Moving against MasterBrand Stock

0.53	605599	Beijing Caishikou	Pair Corr
0.46	600137	Sichuan Langsha Holding	Pair Corr
0.45	RL	Ralph Lauren Corp	Pair Corr
0.35	CRI	Carters	Pair Corr
0.76	002485	Cedar Development	Pair Corr
0.66	VRA	Vera Bradley	Pair Corr
0.55	HBI	Hanesbrands	Pair Corr
0.42	301276	Beijing Jiaman Dress	Pair Corr
0.38	GIII	G III Apparel	Pair Corr
0.34	VFC	VF Corporation	Pair Corr

Related Correlations Analysis

	TILE	LZB	PZZA	MCRI	BLBD	WEN	LEG	ARCO	MCW	AIN
TILE		0.63	0.11	0.64	0.32	0.26	0.54	0.12	0.48	0.26	TILE
LZB	0.63		-0.45	0.38	-0.28	-0.39	0.87	0.46	0.56	-0.27	LZB
PZZA	0.11	-0.45		-0.19	0.58	0.56	-0.39	-0.3	-0.3	0.77	PZZA
MCRI	0.64	0.38	-0.19		0.38	0.33	0.13	-0.35	0.26	-0.1	MCRI
BLBD	0.32	-0.28	0.58	0.38		0.58	-0.5	-0.57	-0.38	0.52	BLBD
WEN	0.26	-0.39	0.56	0.33	0.58		-0.43	-0.57	-0.13	0.6	WEN
LEG	0.54	0.87	-0.39	0.13	-0.5	-0.43		0.67	0.64	-0.2	LEG
ARCO	0.12	0.46	-0.3	-0.35	-0.57	-0.57	0.67		0.31	-0.37	ARCO
MCW	0.48	0.56	-0.3	0.26	-0.38	-0.13	0.64	0.31		-0.03	MCW
AIN	0.26	-0.27	0.77	-0.1	0.52	0.6	-0.2	-0.37	-0.03		AIN
	TILE	LZB	PZZA	MCRI	BLBD	WEN	LEG	ARCO	MCW	AIN

Please upgrade your account to get full access to Macroaxis premium features

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

LEG	+ 0.87	LZB
AIN	+ 0.77	PZZA
ARCO	+ 0.67	LEG
MCRI	+ 0.64	TILE
MCW	+ 0.64	LEG
LZB	+ 0.63	TILE

High negative correlations

ARCO	- 0.57	WEN
ARCO	- 0.57	BLBD
LEG	- 0.5	BLBD
PZZA	- 0.45	LZB
LEG	- 0.43	WEN
LEG	- 0.39	PZZA

Risk-Adjusted Indicators

There is a big difference between MasterBrand Stock performing well and MasterBrand 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 MasterBrand'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
TILE	1.15	(0.06)	(0.03)	0.02	1.69	(1.22)	2.84	(1.93)	9.01
LZB	1.63	0.13	0.08	0.19	1.50	(2.00)	2.71	(3.21)	23.52
PZZA	2.26	(0.29)	0.00	(0.17)	0.00	0.00	6.72	(4.96)	19.69
MCRI	0.89	(0.12)	0.00	(0.16)	0.00	0.00	1.64	(1.77)	6.16
BLBD	1.55	(0.26)	0.00	(0.34)	0.00	0.00	2.18	(3.51)	11.49
WEN	1.72	(0.19)	0.00	(0.09)	0.00	0.00	4.56	(3.13)	11.11
LEG	2.00	0.33	0.16	0.43	1.78	(2.59)	3.84	(3.23)	20.61
ARCO	1.28	0.02	0.01	0.09	1.28	(1.61)	2.80	(2.27)	9.20
MCW	1.68	0.00	0.02	0.07	1.81	(1.97)	4.13	(3.00)	12.02
AIN	1.69	(0.13)	0.00	(0.03)	0.00	0.00	4.01	(3.73)	16.02

MasterBrand Corporate Management

Andrean Esq	Chief VP	Profile
Bruce Kendrick	Executive Officer	Profile
Martin Doren	Executive Sales	Profile
Navi Grewal	Executive Officer	Profile

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2025 Macroaxis LLC