Brinker International Correlations
| EAT Stock | USD 159.65 2.36 1.50% |
The current 90-days correlation between Brinker International and Bloomin Brands is 0.44 (i.e., Very weak diversification). The correlation of Brinker International 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. If the correlation is 0, the equities are not correlated; they are entirely random.
Brinker International Correlation With Market
Very weak diversification
The correlation between Brinker International and DJI is 0.56 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Brinker International and DJI in the same portfolio, assuming nothing else is changed.
Moving together with Brinker Stock
| 0.64 | BH | Biglari Holdings | PairCorr |
| 0.73 | WING | Wingstop Earnings Call Shortly | PairCorr |
| 0.74 | STKS | One Group Hospitality | PairCorr |
| 0.7 | BLMN | Bloomin Brands | PairCorr |
| 0.68 | DENN | Dennys Corp Earnings Call Shortly | PairCorr |
| 0.71 | HD | Home Depot | PairCorr |
| 0.65 | LOW | Lowes Companies | PairCorr |
| 0.63 | HOUR | Hour Loop | PairCorr |
| 0.69 | KIRK | Kirklands | PairCorr |
| 0.66 | ARHS | Arhaus Inc | PairCorr |
| 0.62 | DCGO | DocGo Inc | PairCorr |
| 0.67 | BAC | Bank of America Aggressive Push | PairCorr |
Moving against Brinker Stock
| 0.43 | MCD | McDonalds Earnings Call Shortly | PairCorr |
| 0.4 | NATH | Nathans Famous | PairCorr |
| 0.35 | JNJ | Johnson Johnson | PairCorr |
Related Correlations Analysis
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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 Brinker Stock performing well and Brinker International 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 Brinker International'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| DENN | 3.31 | (0.60) | 0.00 | (0.89) | 0.00 | 5.75 | 30.15 | |||
| BLMN | 3.69 | (0.25) | 0.00 | (0.31) | 0.00 | 8.35 | 26.53 | |||
| CHUY | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| JACK | 2.96 | (0.47) | 0.00 | (0.61) | 0.00 | 4.78 | 21.64 | |||
| RUTH | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| DIN | 2.52 | (0.35) | 0.00 | (0.45) | 0.00 | 3.96 | 15.61 | |||
| BJRI | 2.03 | 0.10 | 0.00 | (0.05) | 0.00 | 4.43 | 15.34 | |||
| FRGI | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| TXRH | 1.52 | (0.02) | 0.00 | (0.16) | 0.00 | 3.37 | 10.93 | |||
| PZZA | 3.00 | 0.05 | 0.00 | (0.09) | 0.00 | 5.55 | 29.81 |