Performance Food Correlations

Performance Food Correlation With Market

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Performance Food Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

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 TSN + 0.8 MKC CLX + 0.71 USFD TSN + 0.66 USFD BG + 0.6 KOF CLX + 0.57 TSN MKC + 0.55 USFD

High negative correlations FMX - 0.82 TSN FMX - 0.76 MKC BG - 0.68 CLX CELH - 0.65 USFD BG - 0.6 TSN BG - 0.6 USFD

Risk-Adjusted Indicators

There is a big difference between Performance Stock performing well and Performance 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 Performance 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.