Pet Acquisition Correlations
| WOOF Stock | USD 4.36 0.18 4.31% |
The current 90-days correlation between Pet Acquisition LLC and RH is 0.19 (i.e., Average diversification). The correlation of Pet Acquisition 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.
Pet Acquisition Correlation With Market
Average diversification
The correlation between Pet Acquisition LLC and DJI is 0.13 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Pet Acquisition LLC and DJI in the same portfolio, assuming nothing else is changed.
Moving against Pet Stock
| 0.42 | COE | 51Talk Online Education | PairCorr |
| 0.33 | DRI | Darden Restaurants | PairCorr |
| 0.36 | SCI | Service International Earnings Call This Week | PairCorr |
Related Correlations Analysis
| 0.63 | 0.64 | 0.28 | 0.24 | 0.75 | -0.01 | RH | ||
| 0.63 | 0.26 | 0.0 | 0.38 | 0.51 | 0.17 | DKS | ||
| 0.64 | 0.26 | 0.27 | 0.42 | 0.65 | -0.18 | BBY | ||
| 0.28 | 0.0 | 0.27 | 0.01 | 0.53 | 0.47 | AZO | ||
| 0.24 | 0.38 | 0.42 | 0.01 | 0.53 | -0.12 | ULTA | ||
| 0.75 | 0.51 | 0.65 | 0.53 | 0.53 | 0.05 | WSM | ||
| -0.01 | 0.17 | -0.18 | 0.47 | -0.12 | 0.05 | ORLY | ||
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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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Pet Stock performing well and Pet Acquisition 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 Pet Acquisition'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| RH | 3.07 | (0.02) | 0.10 | 0.20 | 3.06 | 6.93 | 23.92 | |||
| DKS | 2.00 | (0.11) | 0.02 | 0.15 | 3.06 | 4.15 | 25.87 | |||
| BBY | 1.75 | (0.09) | (0.01) | 0.14 | 2.00 | 3.72 | 13.84 | |||
| AZO | 1.04 | 0.01 | (0.10) | 0.23 | 1.17 | 2.48 | 6.66 | |||
| ULTA | 1.22 | 0.39 | 0.32 | 0.73 | 0.49 | 3.51 | 13.36 | |||
| WSM | 1.67 | 0.46 | 0.12 | (2.30) | 1.45 | 3.72 | 12.90 | |||
| ORLY | 1.08 | 0.08 | (0.11) | (2.13) | 1.18 | 2.05 | 5.63 |
Pet Acquisition Corporate Management
| Justin Tichy | Chief Officer | Profile | |
| James Roth | Chief Officer | Profile | |
| Jason Heffelfinger | Chief Officer | Profile | |
| Stephen Reyes | Senior Services | Profile | |
| Ilene Eskenazi | Chief Officer | Profile | |
| John Carcasi | Pricing Planning | Profile |