Hasbro Correlations
| HAS Stock | USD 68.16 0.95 1.41% |
The current 90-days correlation between Hasbro Inc and Planet Fitness is 0.16 (i.e., Average diversification). The correlation of Hasbro 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.
Hasbro Correlation With Market
Very weak diversification
The correlation between Hasbro Inc and DJI is 0.58 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Hasbro Inc and DJI in the same portfolio, assuming nothing else is changed.
Moving together with Hasbro Stock
| 0.78 | AS | Amer Sports, | PairCorr |
| 0.65 | BC | Brunswick | PairCorr |
| 0.76 | RL | Ralph Lauren Corp | PairCorr |
| 0.72 | UA | Under Armour C | PairCorr |
| 0.64 | EZGO | EZGO Technologies | PairCorr |
| 0.74 | BZH | Beazer Homes USA | PairCorr |
| 0.63 | FOSL | Fossil Group Buyout Trend | PairCorr |
| 0.63 | DHI | DR Horton | PairCorr |
| 0.82 | GIL | Gildan Activewear | PairCorr |
| 0.63 | HBI | Hanesbrands | PairCorr |
| 0.64 | LEN | Lennar | PairCorr |
| 0.74 | MAT | Mattel Inc Sell-off Trend | PairCorr |
| 0.61 | MHO | MI Homes | PairCorr |
| 0.72 | MOV | Movado Group | PairCorr |
| 0.62 | MPX | Marine Products | PairCorr |
| 0.71 | MTH | Meritage | PairCorr |
| 0.64 | NKE | Nike Inc Aggressive Push | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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 Hasbro Stock performing well and Hasbro 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 Hasbro'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SEAS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| JAKK | 2.98 | (0.46) | 0.00 | (0.31) | 0.00 | 5.29 | 20.22 | |||
| PLNT | 1.74 | 0.01 | 0.00 | (0.04) | 0.00 | 3.70 | 11.62 | |||
| FNKO | 4.78 | (1.29) | 0.00 | (0.51) | 0.00 | 5.90 | 55.82 | |||
| CLAR | 2.10 | (0.48) | 0.00 | (0.63) | 0.00 | 4.02 | 14.40 | |||
| FUN | 3.02 | 0.00 | 0.00 | (0.06) | 0.00 | 5.73 | 23.29 | |||
| MAT | 1.99 | 0.00 | 0.00 | (0.05) | 0.00 | 4.60 | 18.82 | |||
| AOUT | 2.98 | (0.29) | 0.00 | (0.29) | 0.00 | 5.86 | 18.05 | |||
| OSW | 2.42 | (0.04) | 0.00 | (0.08) | 0.00 | 4.57 | 23.33 | |||
| ESCA | 2.46 | 0.10 | 0.03 | 0.07 | 3.13 | 4.61 | 12.29 |
Hasbro Corporate Management
| Matthew Austin | Executive Officer | Profile | |
| Jason Bunge | Chief Officer | Profile | |
| Christian Cocks | CEO Director | Profile | |
| Roberta Thomson | Executive Officer | Profile | |
| Timothy Kilpin | Licensing Toys | Profile |