Mamas Creations Correlations

MAMA Stock

9.42 0.22 2.39%

The current 90-days correlation between Mamas Creations and Nextplat Corp is -0.11 (i.e., Good diversification). The correlation of Mamas Creations 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.

Mamas Creations Correlation With Market

Very good diversification

The correlation between Mamas Creations and DJI is -0.25 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Mamas Creations and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Mamas Stock

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mamas Creations. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

For information on how to trade Mamas Stock refer to our How to Trade Mamas Stock guide.

Moving together with Mamas Stock

0.9	JVA	Coffee Holding	Pair Corr
0.87	OTLY	Oatly Group AB	Pair Corr
0.85	DG	Dollar General	Pair Corr
0.9	EL	Estee Lauder Companies	Pair Corr
0.77	PM	Philip Morris Intern	Pair Corr
0.82	TR	Tootsie Roll Industries	Pair Corr
0.78	YQ	17 Education Technology	Pair Corr
0.92	DLTR	Dollar Tree	Pair Corr
0.72	DTCK	Davis Commodities	Pair Corr
0.84	WILC	G Willi Food	Pair Corr
0.68	EWCZ	European Wax Center	Pair Corr
0.65	CENTA	Central Garden Pet	Pair Corr
0.65	FAMI	Farmmi Inc	Pair Corr

Moving against Mamas Stock

0.84	JZ	Jianzhi Education	Pair Corr
0.78	STZ	Constellation Brands	Pair Corr
0.75	PAVS	Paranovus Entertainment	Pair Corr
0.75	BJ	BJs Wholesale Club	Pair Corr
0.68	GO	Grocery Outlet Holding	Pair Corr
0.67	K	Kellanova Earnings Call Tomorrow	Pair Corr
0.6	TSN	Tyson Foods Sell-off Trend	Pair Corr
0.45	KO	Coca Cola	Pair Corr
0.41	CL	Colgate Palmolive Earnings Call Today	Pair Corr
0.86	WGRX	Wellgistics Health,	Pair Corr
0.56	DOLE	Dole PLC	Pair Corr
0.53	DNUT	Krispy Kreme Trending	Pair Corr
0.51	UL	Unilever PLC ADR Earnings Call This Week	Pair Corr
0.5	YI	111 Inc	Pair Corr
0.37	PG	Procter Gamble Earnings Call This Week	Pair Corr
0.76	WYHG	Wing Yip Food	Pair Corr
0.74	FARM	Farmer Bros	Pair Corr
0.72	WVVI	Willamette Valley	Pair Corr
0.63	BGS	BG Foods Earnings Call This Week	Pair Corr

Related Correlations Analysis

	EGP	NXPL	MILC	SMA	ARW	SPMMF	INN	PLAY
EGP		0.49	0.0	0.84	0.61	0.0	0.47	0.48	EGP
NXPL	0.49		0.0	0.65	0.91	0.0	0.92	0.88	NXPL
MILC	0.0	0.0		0.0	0.0	-1.0	0.0	0.0	MILC
SMA	0.84	0.65	0.0		0.75	0.0	0.63	0.55	SMA
ARW	0.61	0.91	0.0	0.75		0.0	0.93	0.84	ARW
SPMMF	0.0	0.0	-1.0	0.0	0.0		0.0	0.0	SPMMF
INN	0.47	0.92	0.0	0.63	0.93	0.0		0.91	INN
PLAY	0.48	0.88	0.0	0.55	0.84	0.0	0.91		PLAY
	EGP	NXPL	MILC	SMA	ARW	SPMMF	INN	PLAY

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

INN	+ 0.93	ARW
INN	+ 0.92	NXPL
ARW	+ 0.91	NXPL
PLAY	+ 0.91	INN
PLAY	+ 0.88	NXPL
SMA	+ 0.84	EGP

High negative correlations

SPMMF	- 1.0	MILC
PLAY	- 0.0	SPMMF
INN	- 0.0	SPMMF
SPMMF	- 0.0	ARW
SPMMF	- 0.0	SMA
PLAY	- 0.0	MILC

Risk-Adjusted Indicators

There is a big difference between Mamas Stock performing well and Mamas Creations 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 Mamas Creations' 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
EGP	0.88	(0.08)	(0.08)	0.11	1.17	(0.85)	1.88	(2.35)	6.01
NXPL	3.76	1.18	0.22	(1.89)	3.15	(5.07)	10.42	(5.17)	22.93
MILC	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
SMA	1.01	0.01	(0.04)	0.23	1.09	(1.06)	2.21	(2.09)	5.90
ARW	1.02	0.42	0.21	(2.64)	0.40	(1.26)	2.49	(1.41)	5.68
SPMMF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
INN	2.02	0.27	0.20	0.37	1.65	(2.39)	5.81	(2.90)	12.85
PLAY	3.15	0.48	0.23	0.44	2.33	(3.74)	9.38	(5.12)	22.98

Mamas Creations Corporate Management

Moore Tappan	Chief Officer	Profile
Scott Shaffer	Senior Sales	Profile
Anthony Gruber	Chief Officer	Profile
Lauren Sella	Chief Officer	Profile
Chris Darling	Chief Officer	Profile

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