Winmark Correlations
| WINA Stock | USD 381.70 3.97 1.05% |
The current 90-days correlation between Winmark and Utah Medical Products is -0.15 (i.e., Good diversification). The correlation of Winmark 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.
Winmark Correlation With Market
Significant diversification
The correlation between Winmark 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 Winmark and DJI in the same portfolio, assuming nothing else is changed.
Moving together with Winmark Stock
| 0.63 | WING | Wingstop Earnings Call This Week | PairCorr |
Moving against Winmark Stock
| 0.54 | VSTA | Vasta Platform | PairCorr |
| 0.37 | BLD | Topbuild Corp | PairCorr |
| 0.55 | YUM | Yum Brands | PairCorr |
| 0.47 | JACK | Jack In | PairCorr |
| 0.45 | GHG | GreenTree Hospitality | PairCorr |
| 0.38 | HRB | HR Block | PairCorr |
| 0.38 | YUMC | Yum China Holdings | PairCorr |
| 0.31 | SCI | Service International Earnings Call This Week | PairCorr |
Related Correlations Analysis
| -0.63 | -0.3 | -0.67 | -0.38 | MLAB | ||
| -0.63 | 0.77 | 0.87 | 0.56 | UTMD | ||
| -0.3 | 0.77 | 0.8 | 0.71 | WEYS | ||
| -0.67 | 0.87 | 0.8 | 0.67 | DHIL | ||
| -0.38 | 0.56 | 0.71 | 0.67 | USLM | ||
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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 Winmark Stock performing well and Winmark 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 Winmark'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| MLAB | 2.53 | (1.00) | 0.00 | (0.27) | 0.00 | 4.21 | 14.48 | |||
| UTMD | 0.97 | 0.02 | (0.03) | 0.24 | 1.10 | 2.33 | 6.19 | |||
| WEYS | 1.75 | (0.09) | 0.01 | 0.14 | 2.02 | 4.23 | 10.35 | |||
| DHIL | 1.11 | 0.07 | 0.05 | 0.28 | 1.12 | 2.87 | 6.75 | |||
| USLM | 1.50 | 0.06 | 0.04 | 0.26 | 1.56 | 3.38 | 8.52 |
Winmark Corporate Executives
Elected by the shareholders, the Winmark's board of directors comprises two types of representatives: Winmark inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Winmark. The board's role is to monitor Winmark's management team and ensure that shareholders' interests are well served. Winmark's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Winmark's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Anthony Ishaug | CFO and Treasurer | Profile |