Mattel Correlations

MAT Stock

USD 20.42 0.13 0.63%

The current 90-days correlation between Mattel Inc and IPG Photonics is 0.73 (i.e., Poor diversification). The correlation of Mattel 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.

Mattel Correlation With Market

Poor diversification

The correlation between Mattel Inc and DJI is 0.68 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Mattel Inc and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Mattel Stock

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mattel Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Moving together with Mattel Stock

0.89	RL	Ralph Lauren Corp	Pair Corr
0.65	DOOO	BRP Inc	Pair Corr
0.87	GIL	Gildan Activewear	Pair Corr
0.92	JRSH	Jerash Holdings	Pair Corr
0.87	RCKY	Rocky Brands	Pair Corr
0.62	TMHC	Taylor Morn Home	Pair Corr
0.65	M	Macys Inc	Pair Corr
0.82	W	Wayfair	Pair Corr
0.78	AN	AutoNation	Pair Corr
0.71	BH	Biglari Holdings	Pair Corr
0.81	FL	Foot Locker Sell-off Trend	Pair Corr
0.75	HD	Home Depot Sell-off Trend	Pair Corr
0.8	IH	Ihuman Inc	Pair Corr
0.78	JL	J Long Group	Pair Corr
0.64	RH	RH	Pair Corr
0.81	WEYS	Weyco Group	Pair Corr
0.79	WING	Wingstop	Pair Corr
0.85	BBY	Best Buy	Pair Corr
0.69	CMG	Chipotle Mexican Grill Aggressive Push	Pair Corr
0.61	DAO	Youdao Inc	Pair Corr
0.87	DIN	Dine Brands Global	Pair Corr

Moving against Mattel Stock

0.68	DNUT	Krispy Kreme	Pair Corr
0.6	SG	Sweetgreen	Pair Corr
0.43	DIT	AMCON Distributing	Pair Corr
0.37	FLWS	1 800 FLOWERSCOM	Pair Corr

Related Correlations Analysis

	IPGP	TKLF	FRCOF	HDSN	FSTR	GEVO	ALTO	GMS
IPGP		0.79	0.51	0.89	0.41	0.62	0.71	0.63	IPGP
TKLF	0.79		0.63	0.83	-0.02	0.3	0.26	0.29	TKLF
FRCOF	0.51	0.63		0.47	0.13	0.35	0.09	0.11	FRCOF
HDSN	0.89	0.83	0.47		0.35	0.62	0.58	0.66	HDSN
FSTR	0.41	-0.02	0.13	0.35		0.6	0.56	0.79	FSTR
GEVO	0.62	0.3	0.35	0.62	0.6		0.67	0.69	GEVO
ALTO	0.71	0.26	0.09	0.58	0.56	0.67		0.67	ALTO
GMS	0.63	0.29	0.11	0.66	0.79	0.69	0.67		GMS
	IPGP	TKLF	FRCOF	HDSN	FSTR	GEVO	ALTO	GMS

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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

HDSN	+ 0.89	IPGP
HDSN	+ 0.83	TKLF
TKLF	+ 0.79	IPGP
GMS	+ 0.79	FSTR
ALTO	+ 0.71	IPGP
GMS	+ 0.69	GEVO

High negative correlations

FSTR

- 0.02

TKLF

Risk-Adjusted Indicators

There is a big difference between Mattel Stock performing well and Mattel 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 Mattel'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
IPGP	2.39	0.10	0.04	0.16	4.00	(2.32)	5.17	(5.39)	28.70
TKLF	1.72	0.10	0.04	0.21	1.86	(2.23)	5.50	(3.78)	13.92
FRCOF	0.66	0.14	0.00	0.86	0.00	0.00	2.00	(1.56)	8.22
HDSN	2.52	0.39	0.16	0.43	2.31	(3.29)	8.29	(4.02)	20.60
FSTR	1.89	0.23	0.09	0.30	2.59	(2.04)	4.35	(3.94)	18.32
GEVO	3.65	0.38	0.09	0.49	3.87	(4.25)	6.86	(7.08)	19.68
ALTO	3.42	0.13	0.03	0.26	4.04	(4.12)	7.77	(6.74)	19.09
GMS	2.38	0.58	0.26	0.69	1.61	(2.76)	10.48	(3.81)	25.00

Mattel Corporate Management

Jonathan JD	Chief VP	Profile
Fred Soulie	SVP Television	Profile
Roberto Zanatta	Executive Officer	Profile
Lisa McKnight	Executive Officer	Profile
Karen Ancira	Executive Officer	Profile
Sven Gerjets	Executive Officer	Profile

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