Flanigans Enterprises Correlations

Stocks . USA . 
Stock . Flanigans Enterprises
BDL Stock  USD 33.44  0.92  2.68%   
The current 90-days correlation between Flanigans Enterprises and Ark Restaurants Corp is -0.09 (i.e., Good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Flanigans Enterprises moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Flanigans Enterprises moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Flanigans Enterprises Correlation With Market

Significant diversification

The correlation between Flanigans Enterprises and DJI is 0.06 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Flanigans Enterprises and DJI in the same portfolio, assuming nothing else is changed.
  
Build AI portfolio with Flanigans Stock
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Flanigans Enterprises. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For more information on how to buy Flanigans Stock please use our How to buy in Flanigans Stock guide.

Moving together with Flanigans Stock

  0.85RRR Red Rock Resorts Earnings Call This WeekPairCorr
  0.76FL Foot LockerPairCorr
  0.65RL Ralph Lauren CorpPairCorr
  0.65VUZI Vuzix Corp CmnPairCorr
  0.79EPSM Epsium EnterprisePairCorr
  0.72ANF Abercrombie FitchPairCorr
  0.86BKE Buckle IncPairCorr
  0.66GES Guess IncPairCorr
  0.61HVT Haverty FurniturePairCorr
  0.76UAA Under Armour APairCorr
  0.87GPRO GoPro IncPairCorr
  0.83GRPN GrouponPairCorr
  0.66SCVL Shoe CarnivalPairCorr
  0.79URBN Urban OutfittersPairCorr
  0.76INBX Inhibrx Biosciences,PairCorr
  0.66LNDNF Lundin Energy ABPairCorr

Moving against Flanigans Stock

  0.75AEO American Eagle OutfittersPairCorr
  0.88TOY Toys R ANZPairCorr
  0.72ROST Ross StoresPairCorr
  0.59PLCE Childrens PlacePairCorr
  0.44BET Betmakers TechnologyPairCorr
  0.42603057 Shanghai Ziyan FoodsPairCorr

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   
BH
+ 0.79
NATH
GTIM
+ 0.77
NROM
DIT
+ 0.26
NROM
DIT
+ 0.21
GTIM
NATH
+ 0.0
ARKR
  
High negative correlations   
GTIM
- 0.52
BH
GTIM
- 0.51
NATH
NATH
- 0.5
NROM
BH
- 0.49
NROM
DIT
- 0.4
NATH
NROM
- 0.4
ARKR

Risk-Adjusted Indicators

There is a big difference between Flanigans Stock performing well and Flanigans Enterprises 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 Flanigans Enterprises' 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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2025 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY