SBDS Correlations
| SBDS Stock | 6.62 0.24 3.50% |
The current 90-days correlation between SBDS and The Brand House is 0.14 (i.e., Average diversification). The correlation of SBDS 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.
SBDS Correlation With Market
Very good diversification
The correlation between SBDS and DJI is -0.5 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding SBDS and DJI in the same portfolio, assuming nothing else is changed.
Moving together with SBDS Stock
| 0.75 | HMR | Heidmar Maritime Holdings Earnings Call Tomorrow | PairCorr |
Moving against SBDS Stock
| 0.71 | UNI | Unisync Corp | PairCorr |
| 0.64 | MUL | Mulberry Group PLC | PairCorr |
| 0.45 | GIL | Gildan Activewear | PairCorr |
| 0.44 | GUN | Gunze Limited | PairCorr |
| 0.42 | GIL | DMG Mori AG | PairCorr |
| 0.4 | UA | Under Armour C | PairCorr |
| 0.35 | UHR | Swatch Group | PairCorr |
| 0.32 | 3FU1 | FUXING CHINA GRP | PairCorr |
| 0.71 | 1RY | LPP SA | PairCorr |
| 0.52 | HMSA | H+M HEN+MAUUNSPADR | PairCorr |
| 0.48 | HMSB | H M Hennes | PairCorr |
| 0.44 | U9R | Under Armour | PairCorr |
| 0.44 | GIL | Gildan Activewear | PairCorr |
| 0.44 | VRA | Vera Bradley | PairCorr |
| 0.43 | UHG | United Homes Group Earnings Call This Week | PairCorr |
| 0.4 | UAA | Under Armour A | PairCorr |
| 0.39 | TPR | Tapestry | PairCorr |
Related Correlations Analysis
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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between SBDS Stock performing well and SBDS 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 SBDS'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SSUNF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| DBGI | 9.88 | (0.37) | 0.00 | (0.17) | 0.00 | 20.11 | 71.91 | |||
| TBHC | 2.65 | (0.28) | 0.00 | (0.10) | 0.00 | 6.30 | 15.67 | |||
| BFXXQ | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| CZOO | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| LL | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| HLBZ | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| SOLO | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| SEGG | 10.85 | 0.46 | 0.04 | 1.69 | 9.34 | 28.00 | 101.30 | |||
| BOXD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
SBDS Corporate Management
| Mark Anderson | Senior Relations | Profile | |
| Mike Murray | Chief Officer | Profile | |
| Chris Blevins | Interim Secretary | Profile | |
| Laura Coffey | Chief Officer | Profile |