Natural Grocers Correlations

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

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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    GO + 0.93 WMK NBHC + 0.72 IMKTA NBHC + 0.41 VLGEA SFM + 0.39 GO SFM + 0.31 WMK SFM + 0.29 VLGEA

High negative correlations    GO - 0.52 VLGEA NBHC - 0.51 GO WMK - 0.49 VLGEA NBHC - 0.44 WMK SFM - 0.21 NBHC GO - 0.16 IMKTA

Risk-Adjusted Indicators

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