McDonalds Correlations

McDonalds Correlation With Market

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in McDonalds. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in services. For information on how to trade McDonalds Stock refer to our How to Trade McDonalds Stock guide.

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 LGCB + 0.9 IPW LGCB + 0.86 MMA IPW + 0.84 MMA MMA + 0.83 WKSP IPW + 0.77 WKSP LGCB + 0.76 WKSP

High negative correlations LGCB - 0.85 LVLU LVLU - 0.85 IPW JZXN - 0.84 RENT IPW - 0.76 LITB LVLU - 0.76 MMA LGCB - 0.69 LITB

Risk-Adjusted Indicators

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