Pinnacle Food Correlations
| PFAI Stock | 1.79 0.03 1.70% |
The correlation of Pinnacle Food 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.
Pinnacle Food Correlation With Market
Good diversification
The correlation between Pinnacle Food Group and DJI is -0.14 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Pinnacle Food Group and DJI in the same portfolio, assuming nothing else is changed.
Moving together with Pinnacle Stock
Moving against Pinnacle Stock
| 0.59 | PN | Skycorp Solar Group | PairCorr |
| 0.35 | WPRT | Westport Fuel Systems | PairCorr |
| 0.34 | FSTR | LB Foster | PairCorr |
| 0.38 | SLDPW | Solid Power | PairCorr |
| 0.32 | TRN | Trinity Industries | PairCorr |
| 0.41 | SUNE | SUNation Energy Symbol Change | 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 Pinnacle Stock performing well and Pinnacle Food 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 Pinnacle Food'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| EGDFF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| CHBAY | 1.65 | 0.35 | 0.07 | 0.91 | 1.73 | 6.40 | 16.29 | |||
| GBCI | 1.90 | (0.02) | 0.00 | 0.07 | 2.75 | 3.28 | 17.00 | |||
| UVSP | 1.61 | 0.12 | 0.04 | 0.23 | 2.16 | 3.68 | 10.04 | |||
| ECPG | 2.59 | 0.14 | 0.06 | 0.17 | 3.10 | 4.39 | 27.39 | |||
| PDS | 2.43 | (0.02) | 0.01 | 0.07 | 3.49 | 5.42 | 23.23 | |||
| DTI | 4.33 | 0.26 | 0.05 | 0.21 | 6.34 | 9.85 | 31.68 | |||
| NDAQ | 1.11 | 0.18 | 0.08 | 0.26 | 1.91 | 2.69 | 10.79 |
Pinnacle Food Corporate Executives
Elected by the shareholders, the Pinnacle Food's board of directors comprises two types of representatives: Pinnacle Food inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Pinnacle. The board's role is to monitor Pinnacle Food's management team and ensure that shareholders' interests are well served. Pinnacle Food'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, Pinnacle Food's outside directors are responsible for providing unbiased perspectives on the board's policies.