Stitch Fix Correlations
| SFIX Stock | USD 5.41 0.06 1.10% |
The current 90-days correlation between Stitch Fix and Okta Inc is 0.38 (i.e., Weak diversification). The correlation of Stitch Fix 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.
Stitch Fix Correlation With Market
Significant diversification
The correlation between Stitch Fix and DJI is 0.04 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Stitch Fix and DJI in the same portfolio, assuming nothing else is changed.
Stitch |
Moving together with Stitch Stock
Moving against Stitch Stock
| 0.64 | KSS | Kohls Corp | PairCorr |
| 0.43 | CNTY | Century Casinos | PairCorr |
| 0.4 | F | Ford Motor Aggressive Push | PairCorr |
| 0.39 | TXRH | Texas Roadhouse | PairCorr |
| 0.33 | AXL | American Axle Manufa Buyout Trend | PairCorr |
| 0.36 | HPQ | HP Inc | PairCorr |
| 0.33 | MRK | Merck Company | PairCorr |
| 0.32 | AA | Alcoa Corp | PairCorr |
Related Correlations Analysis
| -0.46 | 0.75 | -0.42 | 0.67 | APPN | ||
| -0.46 | -0.14 | 0.92 | -0.46 | OKTA | ||
| 0.75 | -0.14 | -0.09 | 0.35 | MDB | ||
| -0.42 | 0.92 | -0.09 | -0.43 | TWLO | ||
| 0.67 | -0.46 | 0.35 | -0.43 | TTD | ||
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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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Stitch Stock performing well and Stitch Fix 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 Stitch Fix'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| APPN | 2.14 | (0.36) | 0.00 | (0.45) | 0.00 | 3.52 | 13.16 | |||
| OKTA | 1.62 | 0.35 | 0.19 | 0.74 | 1.62 | 4.24 | 10.08 | |||
| MDB | 2.31 | 0.05 | 0.01 | 0.07 | 3.83 | 5.34 | 28.87 | |||
| TWLO | 2.06 | 0.52 | 0.16 | 0.50 | 2.97 | 3.69 | 21.34 | |||
| TTD | 2.31 | (0.55) | 0.00 | 1.35 | 0.00 | 3.75 | 38.12 |
Stitch Fix Corporate Management
| Eric Colson | Chief Analytics Officer | Profile | |
| Lillian Reaume | Chief Officer | Profile | |
| Debbie Woloshin | Chief Officer | Profile | |
| Elizabeth Spaulding | CEO Director | Profile | |
| David Aufderhaar | Chief Officer | Profile | |
| Tony Bacos | Chief Officer | Profile |