Sprouts Farmers Correlations
| SFM Stock | USD 83.81 0.52 0.62% |
A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Sprouts Farmers moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sprouts Farmers Market moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Sprouts Farmers Correlation With Market
Modest diversification
The correlation between Sprouts Farmers Market and DJI is 0.2 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Sprouts Farmers Market and DJI in the same portfolio, assuming nothing else is changed.
Moving together with Sprouts Stock
| 0.66 | PTAIF | PT Astra International | PairCorr |
| 0.77 | DIS | Walt Disney | PairCorr |
| 0.88 | BA | Boeing | PairCorr |
| 0.84 | HD | Home Depot | PairCorr |
| 0.74 | HPQ | HP Inc | PairCorr |
Moving against Sprouts Stock
| 0.87 | GGB | Gerdau SA ADR | PairCorr |
| 0.82 | PTAIY | Astra International Tbk | PairCorr |
| 0.79 | OSIS | OSI Systems Tech Boost | PairCorr |
| 0.73 | FR | First Industrial Realty | PairCorr |
| 0.64 | UNFI | United Natural Foods Earnings Call This Week | PairCorr |
| 0.64 | BKRKF | PT Bank Rakyat | PairCorr |
| 0.61 | CCJ | Cameco Corp | PairCorr |
| 0.56 | EC | Ecopetrol SA ADR | PairCorr |
| 0.55 | TLK | Telkom Indonesia Tbk | PairCorr |
| 0.53 | TBBB | BBB Foods | PairCorr |
| 0.51 | TLKMF | Telkom Indonesia Tbk | PairCorr |
| 0.49 | 384802AD6 | GRAINGER W W | PairCorr |
| 0.46 | TFPM | Triple Flag Precious | PairCorr |
| 0.93 | CAT | Caterpillar | PairCorr |
| 0.8 | DD | Dupont De Nemours | PairCorr |
| 0.8 | CSCO | Cisco Systems | PairCorr |
| 0.74 | AXP | American Express | PairCorr |
| 0.74 | GE | GE Aerospace | PairCorr |
| 0.67 | MMM | 3M Company | PairCorr |
| 0.66 | BAC | Bank of America | PairCorr |
| 0.61 | MRK | Merck Company Aggressive Push | PairCorr |
| 0.59 | KO | Coca Cola | PairCorr |
| 0.48 | TRV | The Travelers Companies | PairCorr |
| 0.39 | JPM | JPMorgan Chase | PairCorr |
| 0.37 | WMT | Walmart Aggressive Push | PairCorr |
Related Correlations Analysis
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | KBDCY | ||
| 0.0 | 0.0 | 0.3 | -0.15 | 0.02 | -0.16 | MTLHF | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | EWKS | ||
| 0.0 | 0.3 | 0.0 | -0.05 | 0.68 | 0.37 | NCMI | ||
| 0.0 | -0.15 | 0.0 | -0.05 | -0.21 | 0.43 | SNPMF | ||
| 0.0 | 0.02 | 0.0 | 0.68 | -0.21 | 0.43 | TME | ||
| 0.0 | -0.16 | 0.0 | 0.37 | 0.43 | 0.43 | KWR | ||
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
|
Risk-Adjusted Indicators
There is a big difference between Sprouts Stock performing well and Sprouts Farmers 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 Sprouts Farmers' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| KBDCY | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| MTLHF | 1.09 | 0.05 | 0.00 | 0.22 | 1.87 | 3.80 | 18.11 | |||
| EWKS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| NCMI | 1.95 | (0.05) | (0.01) | 0.02 | 2.38 | 4.69 | 14.59 | |||
| SNPMF | 2.49 | 0.06 | 0.02 | 0.10 | 2.65 | 6.12 | 16.45 | |||
| TME | 1.77 | (0.59) | 0.00 | (0.80) | 0.00 | 3.39 | 12.10 | |||
| KWR | 1.92 | (0.14) | 0.00 | (0.01) | 0.00 | 4.49 | 14.63 |
Sprouts Farmers Corporate Management
| David McGlinchey | Chief Merchandising Office | Profile | |
| Stacy Hilgendorf | Controller VP | Profile | |
| Timmi Zalatoris | Chief Officer | Profile | |
| JD Esq | Chief Secretary | Profile | |
| Dustin Hamilton | Chief Officer | Profile |