Vera Bradley Correlations
VRA Stock | USD 2.03 0.05 2.40% |
The current 90-days correlation between Vera Bradley and Rocky Brands is 0.14 (i.e., Average diversification). The correlation of Vera Bradley 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.
Vera Bradley Correlation With Market
Weak diversification
The correlation between Vera Bradley and DJI is 0.37 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Vera Bradley and DJI in the same portfolio, assuming nothing else is changed.
Moving together with Vera Stock
0.64 | AS | Amer Sports, | PairCorr |
0.72 | BC | Brunswick Earnings Call This Week | PairCorr |
0.61 | RL | Ralph Lauren Corp | PairCorr |
0.64 | UA | Under Armour C | PairCorr |
0.69 | DOOO | BRP Inc | PairCorr |
0.61 | FOSL | Fossil Group | PairCorr |
0.65 | MAT | Mattel Inc Earnings Call This Week | PairCorr |
0.67 | UAA | Under Armour A | PairCorr |
0.73 | MBUU | Malibu Boats | PairCorr |
0.72 | MCFT | MCBC Holdings | PairCorr |
0.65 | PLBY | Plby Group | PairCorr |
0.63 | BIRD | Allbirds | PairCorr |
0.67 | F | Ford Motor Earnings Call This Week | PairCorr |
0.67 | H | Hyatt Hotels Earnings Call This Week | PairCorr |
0.71 | W | Wayfair | PairCorr |
0.61 | DIBS | 1StdibsCom | PairCorr |
0.72 | AN | AutoNation | PairCorr |
Moving against Vera Stock
0.44 | MSN | Emerson Radio | PairCorr |
0.39 | VNCE | Vince Holding Corp | PairCorr |
0.32 | CRI | Carters Earnings Call This Week | PairCorr |
0.52 | SG | Sweetgreen | PairCorr |
0.4 | NWTG | Newton Golf Symbol Change | PairCorr |
0.4 | TM | Toyota Motor | PairCorr |
0.38 | JD | JD Inc Adr Aggressive Push | PairCorr |
Related Correlations Analysis
0.81 | 0.93 | -0.35 | 0.82 | 0.28 | RCKY | ||
0.81 | 0.84 | -0.05 | 0.77 | 0.41 | SHOO | ||
0.93 | 0.84 | -0.37 | 0.82 | 0.15 | WWW | ||
-0.35 | -0.05 | -0.37 | -0.14 | 0.54 | CAL | ||
0.82 | 0.77 | 0.82 | -0.14 | 0.31 | WEYS | ||
0.28 | 0.41 | 0.15 | 0.54 | 0.31 | DBI | ||
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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
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Risk-Adjusted Indicators
There is a big difference between Vera Stock performing well and Vera Bradley 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 Vera Bradley'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
RCKY | 3.20 | 0.91 | 0.26 | 0.72 | 2.92 | 6.75 | 70.57 | |||
SHOO | 2.72 | 0.46 | 0.11 | (1.28) | 2.46 | 6.31 | 23.15 | |||
WWW | 2.50 | 0.74 | 0.32 | 0.52 | 2.00 | 6.67 | 16.69 | |||
CAL | 3.08 | (0.38) | 0.00 | (0.04) | 0.00 | 6.01 | 33.77 | |||
WEYS | 1.77 | (0.06) | 0.00 | 0.09 | 2.09 | 4.23 | 10.35 | |||
DBI | 4.04 | (0.14) | 0.02 | 0.09 | 5.87 | 7.66 | 33.87 |
Vera Bradley Corporate Management
Alissa Hines | VP Merchandising | Profile | |
Martin Layding | Chief Officer | Profile | |
Mark Dely | Chief Secretary | Profile | |
Julia Bentley | Vice Communications | Profile | |
Daren Hull | Vera Pres | Profile |