Natural Alternatives Correlations

NAII Stock

USD 4.54 0.01 0.22%

The current 90-days correlation between Natural Alternatives and Lifeway Foods is -0.03 (i.e., Good diversification). The correlation of Natural Alternatives 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.

Natural Alternatives Correlation With Market

Significant diversification

The correlation between Natural Alternatives Internati and DJI is 0.07 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Natural Alternatives Internati and DJI in the same portfolio, assuming nothing else is changed.

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

Moving together with Natural Stock

0.74	CL	Colgate Palmolive Fiscal Year End 24th of January 2025	Pair Corr
0.7	PG	Procter Gamble	Pair Corr
0.7	UL	Unilever PLC ADR	Pair Corr
0.75	REYN	Reynolds Consumer	Pair Corr

Moving against Natural Stock

0.65	YSG	Yatsen Holding	Pair Corr
0.52	HELE	Helen of Troy	Pair Corr
0.46	LFVN	Lifevantage	Pair Corr
0.41	NWL	Newell Brands	Pair Corr
0.84	BJ	BJs Wholesale Club	Pair Corr
0.63	LW	Lamb Weston Holdings	Pair Corr
0.61	VITL	Vital Farms	Pair Corr
0.59	SPPJY	Sappi Ltd ADR	Pair Corr
0.54	VINE	Fresh Grapes LLC	Pair Corr
0.52	BRCNF	Burcon NutraScience Corp Earnings Call This Week	Pair Corr
0.51	YI	111 Inc	Pair Corr
0.49	JZ	Jianzhi Education	Pair Corr
0.43	KR	Kroger Company	Pair Corr

Related Correlations Analysis

	SENEB	CENTA	CENT	LWAY	SENEA	JJSF	ARZTY	JVA	NATR	BRID
SENEB		-0.11	-0.09	-0.03	0.1	-0.03	-0.31	-0.13	-0.07	-0.07	SENEB
CENTA	-0.11		1.0	-0.79	-0.51	0.23	0.14	-0.64	0.35	0.58	CENTA
CENT	-0.09	1.0		-0.8	-0.52	0.22	0.11	-0.65	0.34	0.57	CENT
LWAY	-0.03	-0.79	-0.8		0.71	0.04	0.09	0.79	-0.13	-0.36	LWAY
SENEA	0.1	-0.51	-0.52	0.71		0.41	-0.09	0.73	-0.01	-0.41	SENEA
JJSF	-0.03	0.23	0.22	0.04	0.41		-0.01	0.15	0.29	0.18	JJSF
ARZTY	-0.31	0.14	0.11	0.09	-0.09	-0.01		0.04	0.3	0.15	ARZTY
JVA	-0.13	-0.64	-0.65	0.79	0.73	0.15	0.04		-0.05	-0.4	JVA
NATR	-0.07	0.35	0.34	-0.13	-0.01	0.29	0.3	-0.05		0.2	NATR
BRID	-0.07	0.58	0.57	-0.36	-0.41	0.18	0.15	-0.4	0.2		BRID
	SENEB	CENTA	CENT	LWAY	SENEA	JJSF	ARZTY	JVA	NATR	BRID

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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

CENT	+ 1.0	CENTA
JVA	+ 0.79	LWAY
JVA	+ 0.73	SENEA
SENEA	+ 0.71	LWAY
BRID	+ 0.58	CENTA
BRID	+ 0.57	CENT

High negative correlations

LWAY	- 0.8	CENT
LWAY	- 0.79	CENTA
JVA	- 0.65	CENT
JVA	- 0.64	CENTA
SENEA	- 0.52	CENT
SENEA	- 0.51	CENTA

Risk-Adjusted Indicators

There is a big difference between Natural Stock performing well and Natural Alternatives 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 Natural Alternatives' 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
SENEB	1.30	(0.07)	(0.02)	0.10	1.81	(2.06)	4.02	(2.69)	11.21
CENTA	1.38	(0.28)	0.00	(0.03)	0.00	0.00	3.22	(2.73)	9.52
CENT	1.35	(0.25)	0.00	(0.04)	0.00	0.00	2.83	(2.58)	9.41
LWAY	3.27	1.02	0.56	0.65	1.26	(4.15)	6.74	(3.18)	54.17
SENEA	1.13	(0.02)	(0.02)	0.15	1.62	(1.16)	2.58	(1.86)	7.67
JJSF	0.92	(0.09)	(0.08)	0.09	0.96	(1.00)	1.91	(1.81)	4.60
ARZTY	0.34	0.00	0.00	0.19	0.00	0.00	1.05	0.00	14.65
JVA	4.12	0.38	0.16	0.31	3.93	(4.97)	9.03	(7.80)	47.22
NATR	2.22	(0.42)	0.00	(0.02)	0.00	0.00	6.11	(4.95)	15.66
BRID	2.71	0.05	(0.02)	0.38	4.35	(2.89)	6.41	(7.02)	41.59

Natural Alternatives Corporate Management

Mark JD	Chairman CEO	Profile
Eugene Quast	VP Sales	Profile
Michael Fortin	Chief Officer	Profile
Shane Conti	Vice Sales	Profile

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