Oxford Industries Correlations

OXM Stock

USD 77.80 1.55 2.03%

The current 90-days correlation between Oxford Industries and G III Apparel Group is 0.23 (i.e., Modest diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Oxford Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Oxford Industries moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Oxford Industries Correlation With Market

Very weak diversification

The correlation between Oxford Industries and DJI is 0.54 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Oxford Industries and DJI in the same portfolio, assuming nothing else is changed.

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oxford Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

To learn how to invest in Oxford Stock, please use our How to Invest in Oxford Industries guide.

Moving together with Oxford Stock

0.75	DOOO	BRP Inc Earnings Call This Week	Pair Corr
0.76	WLDS	Wearable Devices Buyout Trend	Pair Corr
0.77	FEBO	Fenbo Holdings	Pair Corr
0.67	CCS	Century Communities	Pair Corr
0.67	CRI	Carters	Pair Corr
0.63	DHI	DR Horton	Pair Corr
0.68	DTC	Solo Brands	Pair Corr
0.76	HOV	Hovnanian Enterprises	Pair Corr
0.72	KBH	KB Home Fiscal Year End 8th of January 2025	Pair Corr
0.73	BRLT	Brilliant Earth Group	Pair Corr
0.71	CTHR	Charles Colvard	Pair Corr

Moving against Oxford Stock

0.84	DOGZ	Dogness International	Pair Corr
0.84	VSTO	Vista Outdoor	Pair Corr
0.76	AS	Amer Sports,	Pair Corr
0.71	GIL	Gildan Activewear	Pair Corr
0.69	RL	Ralph Lauren Corp	Pair Corr
0.68	VOXX	VOXX International	Pair Corr
0.64	VUZI	Vuzix Corp Cmn Buyout Trend	Pair Corr
0.59	FOSL	Fossil Group	Pair Corr
0.56	HBI	Hanesbrands	Pair Corr
0.51	HWH	HWH International Symbol Change	Pair Corr
0.41	UA	Under Armour C	Pair Corr
0.72	JD	JD Inc Adr	Pair Corr
0.68	LULU	Lululemon Athletica	Pair Corr
0.67	BQ	Boqii Holding Limited	Pair Corr
0.65	EM	Smart Share Global	Pair Corr
0.62	HD	Home Depot	Pair Corr
0.62	LI	Li Auto	Pair Corr
0.57	JZ	Jianzhi Education	Pair Corr
0.47	GM	General Motors Aggressive Push	Pair Corr
0.38	MSN	Emerson Radio	Pair Corr

Related Correlations Analysis

	GIII	ZGN	KTB	COLM	VNCE	GIL	PVH
GIII		-0.51	0.34	0.05	0.41	0.42	-0.15	GIII
ZGN	-0.51		-0.8	0.07	0.11	-0.89	-0.22	ZGN
KTB	0.34	-0.8		0.38	-0.08	0.84	0.53	KTB
COLM	0.05	0.07	0.38		0.07	-0.04	0.59	COLM
VNCE	0.41	0.11	-0.08	0.07		0.04	-0.29	VNCE
GIL	0.42	-0.89	0.84	-0.04	0.04		0.26	GIL
PVH	-0.15	-0.22	0.53	0.59	-0.29	0.26		PVH
	GIII	ZGN	KTB	COLM	VNCE	GIL	PVH

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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

GIL	+ 0.84	KTB
PVH	+ 0.59	COLM
PVH	+ 0.53	KTB
GIL	+ 0.42	GIII
VNCE	+ 0.41	GIII
COLM	+ 0.38	KTB

High negative correlations

GIL	- 0.89	ZGN
KTB	- 0.8	ZGN
ZGN	- 0.51	GIII
PVH	- 0.29	VNCE
PVH	- 0.22	ZGN
PVH	- 0.15	GIII

Risk-Adjusted Indicators

There is a big difference between Oxford Stock performing well and Oxford Industries 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 Oxford Industries' 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
GIII	2.02	0.20	0.08	0.40	1.89	(2.58)	3.72	(4.17)	26.82
ZGN	2.18	(0.46)	0.00	(0.75)	0.00	0.00	4.20	(5.68)	14.37
KTB	1.45	0.33	0.15	0.71	1.40	(1.61)	3.25	(2.42)	16.49
COLM	1.20	(0.02)	(0.05)	0.08	1.57	(1.15)	2.53	(2.36)	7.71
VNCE	3.00	0.01	0.00	0.14	3.85	(3.66)	7.78	(7.25)	35.35
GIL	0.82	0.23	0.14	0.99	0.68	(0.92)	2.04	(1.52)	5.38
PVH	1.44	(0.10)	(0.04)	0.03	1.91	(1.58)	3.18	(3.16)	10.15

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