Duckhorn Portfolio Correlations

NAPA Stock

USD 10.99 0.06 0.54%

The current 90-days correlation between Duckhorn Portfolio and Naked Wines plc is -0.02 (i.e., Good diversification). The correlation of Duckhorn Portfolio 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.

Duckhorn Portfolio Correlation With Market

Good diversification

The correlation between Duckhorn Portfolio and DJI is -0.15 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Duckhorn Portfolio and DJI in the same portfolio, assuming nothing else is changed.

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

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

Moving together with Duckhorn Stock

0.61	K	Kellanova	Pair Corr
0.78	BJ	BJs Wholesale Club	Pair Corr
0.64	KR	Kroger Company Earnings Call This Week	Pair Corr
0.88	LW	Lamb Weston Holdings	Pair Corr

Moving against Duckhorn Stock

0.8	CL	Colgate Palmolive Fiscal Year End 24th of January 2025	Pair Corr
0.79	MGPI	MGP Ingredients	Pair Corr
0.77	STZ	Constellation Brands	Pair Corr
0.76	GV	Visionary Education	Pair Corr
0.75	BG	Bunge Limited	Pair Corr
0.75	KO	Coca Cola Aggressive Push	Pair Corr
0.55	WVVI	Willamette Valley	Pair Corr
0.55	PG	Procter Gamble	Pair Corr
0.53	WVVIP	Willamette Valley	Pair Corr
0.53	EL	Estee Lauder Companies	Pair Corr
0.49	SBEV	Splash Beverage Group	Pair Corr
0.43	DEO	Diageo PLC ADR	Pair Corr
0.4	EAST	Eastside Distilling	Pair Corr
0.39	DG	Dollar General	Pair Corr
0.78	UL	Unilever PLC ADR	Pair Corr
0.77	EDBL	Edible Garden AG	Pair Corr
0.75	EDTK	Skillful Craftsman	Pair Corr
0.69	UG	United Guardian	Pair Corr
0.6	IMKTA	Ingles Markets Earnings Call This Week	Pair Corr
0.59	FARM	Farmer Bros	Pair Corr
0.57	CENTA	Central Garden Pet	Pair Corr
0.49	DLTR	Dollar Tree Earnings Call This Week	Pair Corr
0.36	BRBMF	Big Rock Brewery	Pair Corr
0.36	WEST	Westrock Coffee	Pair Corr
0.33	DTCK	Davis Commodities	Pair Corr
0.32	WAFU	Wah Fu Education	Pair Corr

Related Correlations Analysis

	MJWNY	ADWPF	ICNB	NWINF	PDRDF	CWGL	BF-A	PRNDY	BF-B	MGPI
MJWNY		-0.4	0.0	-0.43	-0.14	-0.58	-0.45	-0.16	-0.54	0.14	MJWNY
ADWPF	-0.4		0.0	0.48	0.38	0.12	0.64	0.35	0.62	0.33	ADWPF
ICNB	0.0	0.0		0.0	0.0	0.0	0.0	0.0	0.0	0.0	ICNB
NWINF	-0.43	0.48	0.0		0.08	0.25	0.3	0.11	0.35	-0.02	NWINF
PDRDF	-0.14	0.38	0.0	0.08		-0.45	0.81	0.97	0.77	0.85	PDRDF
CWGL	-0.58	0.12	0.0	0.25	-0.45		-0.1	-0.45	0.01	-0.66	CWGL
BF-A	-0.45	0.64	0.0	0.3	0.81	-0.1		0.82	0.99	0.64	BF-A
PRNDY	-0.16	0.35	0.0	0.11	0.97	-0.45	0.82		0.8	0.86	PRNDY
BF-B	-0.54	0.62	0.0	0.35	0.77	0.01	0.99	0.8		0.58	BF-B
MGPI	0.14	0.33	0.0	-0.02	0.85	-0.66	0.64	0.86	0.58		MGPI
	MJWNY	ADWPF	ICNB	NWINF	PDRDF	CWGL	BF-A	PRNDY	BF-B	MGPI

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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

BF-B	+ 0.99	BF-A
PRNDY	+ 0.97	PDRDF
MGPI	+ 0.86	PRNDY
MGPI	+ 0.85	PDRDF
PRNDY	+ 0.82	BF-A
BF-A	+ 0.81	PDRDF

High negative correlations

MGPI	- 0.66	CWGL
CWGL	- 0.58	MJWNY
BF-B	- 0.54	MJWNY
PRNDY	- 0.45	CWGL
CWGL	- 0.45	PDRDF
BF-A	- 0.45	MJWNY

Risk-Adjusted Indicators

There is a big difference between Duckhorn Stock performing well and Duckhorn Portfolio 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 Duckhorn Portfolio'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
MJWNY	0.47	0.09	0.00	(0.09)	0.00	0.00	0.00	0.00	14.59
ADWPF	0.69	(0.10)	0.00	(0.55)	0.00	0.00	1.97	(2.46)	11.62
ICNB	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NWINF	4.37	0.00	0.00	0.12	4.91	(7.36)	13.64	(9.72)	32.00
PDRDF	2.07	(0.36)	0.00	(0.58)	0.00	0.00	4.89	(5.32)	15.45
CWGL	1.41	0.07	0.01	0.23	1.90	(1.61)	3.19	(2.97)	19.59
BF-A	1.13	(0.15)	0.00	(2.62)	0.00	0.00	2.07	(2.63)	8.75
PRNDY	1.42	(0.36)	0.00	(0.98)	0.00	0.00	2.59	(3.17)	11.47
BF-B	1.09	(0.13)	0.00	(1.34)	0.00	0.00	1.79	(2.91)	8.19
MGPI	2.18	(1.06)	0.00	(0.88)	0.00	0.00	2.31	(5.26)	26.71

Duckhorn Portfolio Corporate Management

Sean Sullivan	Executive Vice President Chief Administrative Officer, General Counsel	Profile
Nicole Cummings	Chief Officer	Profile
Melanie Cox	Independent Director	Profile
Daniel Costello	Independent Director	Profile
Dan Duckhorn	Co-Founder	Profile
Adriel Lares	Director	Profile

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