Treehouse Foods Correlations

THS Stock

USD 34.35 0.07 0.20%

The current 90-days correlation between Treehouse Foods and Lancaster Colony is 0.34 (i.e., Weak diversification). The correlation of Treehouse Foods 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.

Treehouse Foods Correlation With Market

Significant diversification

The correlation between Treehouse Foods and DJI is 0.05 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Treehouse Foods and DJI in the same portfolio, assuming nothing else is changed.

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Treehouse Foods. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

For more information on how to buy Treehouse Stock please use our How to Invest in Treehouse Foods guide.

Moving together with Treehouse Stock

0.8	OTLY	Oatly Group AB	Pair Corr
0.68	KO	Coca Cola Earnings Call This Week	Pair Corr
0.72	UG	United Guardian	Pair Corr

Moving against Treehouse Stock

0.69	TPB	Turning Point Brands	Pair Corr
0.45	BTI	British American Tobacco Earnings Call This Week	Pair Corr
0.45	JVA	Coffee Holding	Pair Corr
0.39	UVV	Universal Earnings Call This Week	Pair Corr
0.38	MO	Altria Group Earnings Call Today	Pair Corr
0.41	BJ	BJs Wholesale Club	Pair Corr
0.4	KR	Kroger Company	Pair Corr
0.4	TR	Tootsie Roll Industries	Pair Corr
0.34	BRID	Bridgford Foods	Pair Corr
0.34	DLTR	Dollar Tree	Pair Corr
0.32	GO	Grocery Outlet Holding	Pair Corr

Related Correlations Analysis

	LANC	JBSS	SENEA	SENEB	POST	SMPL	JJSF	CENTA	BRBR	PPC
LANC		-0.01	-0.19	-0.35	0.49	0.32	0.83	0.49	-0.01	0.77	LANC
JBSS	-0.01		-0.07	0.29	-0.09	0.16	-0.14	-0.17	0.47	-0.41	JBSS
SENEA	-0.19	-0.07		0.3	0.45	0.34	-0.37	0.64	0.34	-0.35	SENEA
SENEB	-0.35	0.29	0.3		-0.06	-0.14	-0.48	-0.05	0.08	-0.43	SENEB
POST	0.49	-0.09	0.45	-0.06		0.75	0.53	0.86	0.59	0.3	POST
SMPL	0.32	0.16	0.34	-0.14	0.75		0.34	0.62	0.81	0.18	SMPL
JJSF	0.83	-0.14	-0.37	-0.48	0.53	0.34		0.38	-0.03	0.8	JJSF
CENTA	0.49	-0.17	0.64	-0.05	0.86	0.62	0.38		0.36	0.32	CENTA
BRBR	-0.01	0.47	0.34	0.08	0.59	0.81	-0.03	0.36		-0.18	BRBR
PPC	0.77	-0.41	-0.35	-0.43	0.3	0.18	0.8	0.32	-0.18		PPC
	LANC	JBSS	SENEA	SENEB	POST	SMPL	JJSF	CENTA	BRBR	PPC

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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

CENTA	+ 0.86	POST
JJSF	+ 0.83	LANC
BRBR	+ 0.81	SMPL
PPC	+ 0.8	JJSF
PPC	+ 0.77	LANC
SMPL	+ 0.75	POST

High negative correlations

JJSF	- 0.48	SENEB
PPC	- 0.43	SENEB
PPC	- 0.41	JBSS
JJSF	- 0.37	SENEA
PPC	- 0.35	SENEA
SENEB	- 0.35	LANC

Risk-Adjusted Indicators

There is a big difference between Treehouse Stock performing well and Treehouse Foods 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 Treehouse Foods' 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
LANC	1.46	(0.08)	0.00	(0.07)	0.00	0.00	3.28	(2.41)	8.36
JBSS	1.27	(0.11)	0.00	(0.55)	0.00	0.00	2.46	(2.52)	10.93
SENEA	1.48	0.23	0.09	0.79	1.65	(1.63)	3.12	(2.43)	13.63
SENEB	1.46	0.24	0.07	0.82	1.47	(2.55)	4.02	(2.64)	17.89
POST	0.94	(0.07)	0.00	(0.06)	0.00	0.00	2.07	(1.85)	6.08
SMPL	1.36	0.20	0.09	0.47	1.57	(1.59)	3.11	(2.50)	9.70
JJSF	1.12	(0.29)	0.00	(0.67)	0.00	0.00	2.23	(2.56)	9.60
CENTA	1.42	0.11	0.03	0.74	1.59	(1.56)	3.15	(2.45)	10.79
BRBR	1.17	0.26	0.16	0.53	1.07	(1.28)	2.80	(2.07)	6.20
PPC	1.48	(0.08)	0.00	(0.09)	0.00	0.00	3.57	(2.94)	9.85

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