Healthy Choice Correlations
| HCWC Stock | 0.62 0.03 5.08% |
The current 90-days correlation between Healthy Choice Wellness and Mako Mining Corp is 0.18 (i.e., Average diversification). The correlation of Healthy Choice 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.
Healthy Choice Correlation With Market
Significant diversification
The correlation between Healthy Choice Wellness and DJI is 0.03 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Healthy Choice Wellness and DJI in the same portfolio, assuming nothing else is changed.
Moving against Healthy Stock
| 0.53 | PPERY | Bank Mandiri Persero Normal Trading | PairCorr |
| 0.5 | MCD | McDonalds | PairCorr |
| 0.36 | PBCRY | Bank Central Asia | PairCorr |
| 0.35 | DIS | Walt Disney | PairCorr |
Related Correlations Analysis
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 Healthy Stock performing well and Healthy Choice 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 Healthy Choice'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| MAKOF | 2.07 | 0.20 | 0.07 | 0.22 | 2.58 | 3.87 | 19.42 | |||
| CTYMF | 2.69 | 0.07 | 0.01 | (0.12) | 3.56 | 7.98 | 30.87 | |||
| PHCFF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| IGI | 0.31 | 0.00 | (0.05) | 0.00 | 0.33 | 0.61 | 2.18 | |||
| HGMCF | 1.60 | 0.17 | 0.02 | (1.26) | 3.45 | 6.27 | 25.92 | |||
| AIV | 1.08 | 0.02 | 0.00 | 0.06 | 1.08 | 2.53 | 8.73 | |||
| AIKO | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| GGDVF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Healthy Choice Corporate Executives
Elected by the shareholders, the Healthy Choice's board of directors comprises two types of representatives: Healthy Choice inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Healthy. The board's role is to monitor Healthy Choice's management team and ensure that shareholders' interests are well served. Healthy Choice's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Healthy Choice's outside directors are responsible for providing unbiased perspectives on the board's policies.
| John Ollet | Corporate CFO | Profile | |
| John CPA | Corporate CFO | Profile |