Urban Barns Correlations

The correlation of Urban Barns 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.

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Urban Barns 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 bureau of labor statistics.

Related Correlations Analysis

	XPOF	RERE	WNW	PLTK	UPPR	MSN	GTY	RZSMF
XPOF		0.18	0.32	0.69	0.0	-0.53	0.56	0.32	XPOF
RERE	0.18		0.53	0.25	0.0	-0.16	0.36	0.66	RERE
WNW	0.32	0.53		0.19	0.0	-0.5	0.32	0.11	WNW
PLTK	0.69	0.25	0.19		0.0	-0.13	0.59	0.57	PLTK
UPPR	0.0	0.0	0.0	0.0		0.0	0.0	0.0	UPPR
MSN	-0.53	-0.16	-0.5	-0.13	0.0		-0.3	0.02	MSN
GTY	0.56	0.36	0.32	0.59	0.0	-0.3		0.44	GTY
RZSMF	0.32	0.66	0.11	0.57	0.0	0.02	0.44		RZSMF
	XPOF	RERE	WNW	PLTK	UPPR	MSN	GTY	RZSMF

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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

PLTK	+ 0.69	XPOF
RZSMF	+ 0.66	RERE
GTY	+ 0.59	PLTK
RZSMF	+ 0.57	PLTK
GTY	+ 0.56	XPOF
WNW	+ 0.53	RERE

High negative correlations

MSN	- 0.53	XPOF
MSN	- 0.5	WNW
GTY	- 0.3	MSN
MSN	- 0.16	RERE
MSN	- 0.13	PLTK
RZSMF	- 0.0	UPPR

Risk-Adjusted Indicators

There is a big difference between Urban Stock performing well and Urban Barns 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 Urban Barns' 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
XPOF	2.80	0.23	0.07	0.34	2.85	(3.07)	5.96	(5.28)	35.52
RERE	3.26	0.56	0.15	1.35	2.75	(3.95)	10.26	(4.78)	20.09
WNW	2.76	0.32	0.08	0.65	2.63	(4.55)	7.41	(4.82)	29.28
PLTK	1.18	0.07	0.03	0.21	1.24	(1.32)	2.33	(2.19)	7.19
UPPR	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
MSN	2.44	(0.24)	0.00	(0.42)	0.00	0.00	6.00	(5.88)	17.16
GTY	0.67	0.06	(0.07)	0.79	0.62	(0.82)	1.66	(1.29)	3.79
RZSMF	0.59	0.18	0.00	(0.85)	0.00	0.00	2.50	(1.16)	7.47

Urban Barns Corporate Management

Leo Benne	COO Officer	Profile
Jacob Benne	Honorary RD	Profile
Mark Lefsrud	Head Researcher	Profile
Doug Murray	Investment Consultant	Profile
Talal Thabet	Head Investments	Profile

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Urban Barns Correlations

Related Correlations Analysis

Correlation Matchups

Risk-Adjusted Indicators

Urban Barns Corporate Management

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