Bon Natural Correlations
| BON Stock | USD 1.78 0.02 1.14% |
The current 90-days correlation between Bon Natural Life and Ark Restaurants Corp is 0.06 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bon Natural moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bon Natural Life moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Bon Natural Correlation With Market
Average diversification
The correlation between Bon Natural Life and DJI is 0.14 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Bon Natural Life and DJI in the same portfolio, assuming nothing else is changed.
Moving against Bon Stock
| 0.71 | PPERY | Bank Mandiri Persero Normal Trading | PairCorr |
| 0.62 | MCD | McDonalds | PairCorr |
| 0.59 | BKRKY | Bank Rakyat | PairCorr |
| 0.55 | PTBRY | Bank Negara Indonesia | PairCorr |
| 0.49 | PBCRY | Bank Central Asia | PairCorr |
| 0.47 | CVX | Chevron Corp Sell-off Trend | PairCorr |
| 0.46 | VZ | Verizon Communications | PairCorr |
| 0.42 | JPSTF | JAPAN POST BANK | PairCorr |
| 0.4 | T | ATT Inc | PairCorr |
| 0.34 | DIS | Walt Disney | PairCorr |
Related Correlations Analysis
| 0.0 | -0.44 | -0.25 | -0.84 | 0.33 | 0.31 | DRI | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | EQTD | ||
| -0.44 | 0.0 | -0.17 | 0.51 | -0.06 | -0.01 | ARKR | ||
| -0.25 | 0.0 | -0.17 | 0.26 | -0.5 | -0.5 | BCIC | ||
| -0.84 | 0.0 | 0.51 | 0.26 | -0.47 | -0.52 | SHIHF | ||
| 0.33 | 0.0 | -0.06 | -0.5 | -0.47 | 0.74 | IGI | ||
| 0.31 | 0.0 | -0.01 | -0.5 | -0.52 | 0.74 | JVA | ||
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 Bon Stock performing well and Bon Natural 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 Bon Natural'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| DRI | 0.97 | (0.25) | 0.00 | (0.74) | 0.00 | 2.12 | 8.61 | |||
| EQTD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| ARKR | 1.66 | 0.04 | 0.01 | (0.20) | 1.98 | 4.62 | 10.69 | |||
| BCIC | 1.07 | 0.13 | 0.08 | 0.25 | 1.42 | 1.98 | 8.92 | |||
| SHIHF | 0.28 | 0.13 | 0.00 | (2.13) | 0.00 | 0.00 | 4.76 | |||
| IGI | 0.31 | 0.00 | (0.05) | 0.00 | 0.33 | 0.61 | 2.18 | |||
| JVA | 2.41 | (0.25) | 0.00 | (0.10) | 0.00 | 6.49 | 15.30 |
Bon Natural Corporate Management
| Yongwei Hu | Chairman CEO | Profile | |
| Yingchun Xue | Chief Officer | Profile | |
| Wenjuan Chen | Chief Officer | Profile | |
| Zhenchao Li | CFO Director | Profile | |
| Wang Lee | Chief Officer | Profile | |
| Jianli Liu | CTO Scientist | Profile |