Real Good Correlations

RGF Stock

USD 0.15 0.01 7.14%

The current 90-days correlation between Real Good Food and Lifeway Foods is -0.05 (i.e., Good diversification). The correlation of Real Good 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.

Real Good Correlation With Market

Significant diversification

The correlation between Real Good Food and DJI is 0.07 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Real Good Food and DJI in the same portfolio, assuming nothing else is changed.

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

Moving against Real Stock

0.76	BTI	British American Tobacco Earnings Call This Week	Pair Corr
0.74	K	Kellanova Earnings Call This Week	Pair Corr
0.6	PAVS	Paranovus Entertainment	Pair Corr
0.47	SNAXW	Stryve Foods	Pair Corr
0.43	JVA	Coffee Holding	Pair Corr
0.38	TPB	Turning Point Brands	Pair Corr
0.35	RKDA	Arcadia Biosciences	Pair Corr
0.62	DLTR	Dollar Tree	Pair Corr
0.59	BJ	BJs Wholesale Club	Pair Corr
0.57	BRID	Bridgford Foods	Pair Corr
0.42	EL	Estee Lauder Companies Earnings Call This Week	Pair Corr
0.38	KR	Kroger Company Sell-off Trend	Pair Corr

Related Correlations Analysis

	SENEA	CENTA	CENT	NATR	ASBFF	LANC	THS	JBSS	SENEB	BRBR
SENEA		0.64	0.68	0.43	-0.5	-0.19	-0.51	-0.07	0.3	0.8	SENEA
CENTA	0.64		1.0	0.76	0.08	0.49	-0.43	-0.17	-0.05	0.78	CENTA
CENT	0.68	1.0		0.74	0.02	0.43	-0.46	-0.16	-0.01	0.8	CENT
NATR	0.43	0.76	0.74		0.03	0.39	-0.58	-0.37	-0.26	0.75	NATR
ASBFF	-0.5	0.08	0.02	0.03		0.6	0.29	-0.21	-0.51	-0.42	ASBFF
LANC	-0.19	0.49	0.43	0.39	0.6		0.17	-0.01	-0.35	0.06	LANC
THS	-0.51	-0.43	-0.46	-0.58	0.29	0.17		0.31	0.13	-0.59	THS
JBSS	-0.07	-0.17	-0.16	-0.37	-0.21	-0.01	0.31		0.29	-0.21	JBSS
SENEB	0.3	-0.05	-0.01	-0.26	-0.51	-0.35	0.13	0.29		0.12	SENEB
BRBR	0.8	0.78	0.8	0.75	-0.42	0.06	-0.59	-0.21	0.12		BRBR
	SENEA	CENTA	CENT	NATR	ASBFF	LANC	THS	JBSS	SENEB	BRBR

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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

CENT	+ 1.0	CENTA
BRBR	+ 0.8	SENEA
BRBR	+ 0.8	CENT
BRBR	+ 0.78	CENTA
NATR	+ 0.76	CENTA
BRBR	+ 0.75	NATR

High negative correlations

BRBR	- 0.59	THS
THS	- 0.58	NATR
SENEB	- 0.51	ASBFF
THS	- 0.51	SENEA
ASBFF	- 0.5	SENEA
THS	- 0.46	CENT

Risk-Adjusted Indicators

There is a big difference between Real Stock performing well and Real Good 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 Real Good'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
SENEA	1.48	0.23	0.09	0.79	1.65	(1.63)	3.12	(2.43)	13.63
CENTA	1.42	0.11	0.03	0.74	1.59	(1.56)	3.15	(2.45)	10.79
CENT	1.38	0.12	0.04	0.73	1.58	(1.57)	2.82	(2.35)	10.96
NATR	1.95	0.28	0.09	2.95	1.92	(2.23)	5.33	(4.00)	22.72
ASBFF	0.76	(0.32)	0.00	0.80	0.00	0.00	0.00	0.00	13.36
LANC	1.46	(0.08)	0.00	(0.07)	0.00	0.00	3.28	(2.41)	8.36
THS	1.65	(0.13)	0.00	(0.75)	0.00	0.00	3.00	(3.55)	17.32
JBSS	1.27	(0.11)	0.00	(0.55)	0.00	0.00	2.46	(2.52)	10.93
SENEB	1.46	0.24	0.07	0.82	1.47	(2.55)	4.02	(2.64)	17.89
BRBR	1.17	0.24	0.15	0.58	1.09	(1.25)	2.80	(2.07)	6.20

View Real Good Related Equities

Seneca Foods Corp Central Garden Pet Central Garden Pet Natures Sunshine Products Associated British Foods Lancaster Colony Treehouse Foods John B Sanfilippo Seneca Foods Corp Bellring Brands LLC Hostess Brands Nomad Foods McCormick Company Incorporated Lifeway Foods Lifevantage

Risk & Return

Correlation

Real Good Corporate Management

Andrew Stiffelman	Chief Officer	Profile
Mark Dietz	Senior Operations	Profile
Tim Zimmer	Chief Officer	Profile
James Behling	Chief Officer	Profile
Akshay Jagdale	Chief Officer	Profile

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