Xponential Fitness Correlations

XPOF Stock

USD 15.12 0.01 0.07%

The current 90-days correlation between Xponential Fitness and JAKKS Pacific is -0.1 (i.e., Good diversification). The correlation of Xponential Fitness 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.

Xponential Fitness Correlation With Market

Average diversification

The correlation between Xponential Fitness and DJI is 0.19 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Xponential Fitness and DJI in the same portfolio, assuming nothing else is changed.

Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Xponential Fitness. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

For more detail on how to invest in Xponential Stock please use our How to Invest in Xponential Fitness guide.

Moving together with Xponential Stock

0.8	BH	Biglari Holdings	Pair Corr
0.79	WH	Wyndham Hotels Resorts	Pair Corr
0.78	BYD	Boyd Gaming	Pair Corr
0.75	CHH	Choice Hotels Intern	Pair Corr
0.74	DPZ	Dominos Pizza	Pair Corr
0.79	EAT	Brinker International	Pair Corr
0.74	HLT	Hilton Worldwide Holdings	Pair Corr
0.81	IHG	InterContinental Hotels	Pair Corr
0.75	FWRG	First Watch Restaurant	Pair Corr
0.76	MAR	Marriott International	Pair Corr
0.87	LIND	Lindblad Expeditions	Pair Corr
0.9	PLNT	Planet Fitness	Pair Corr
0.85	RICK	RCI Hospitality Holdings	Pair Corr

Moving against Xponential Stock

0.64	EJH	E Home Household	Pair Corr
0.54	WING	Wingstop	Pair Corr
0.54	GTIM	Good Times Restaurants	Pair Corr
0.46	GHG	GreenTree Hospitality	Pair Corr
0.4	HTHT	Huazhu Group	Pair Corr
0.31	BTBDW	BT Brands Warrant	Pair Corr
0.82	BLMN	Bloomin Brands	Pair Corr
0.76	REBN	Reborn Coffee	Pair Corr
0.74	PTLO	Portillos Downward Rally	Pair Corr
0.51	LOCO	El Pollo Loco	Pair Corr
0.46	PZZA	Papa Johns International Downward Rally	Pair Corr
0.4	BTBD	Bt Brands	Pair Corr
0.38	BC	Brunswick	Pair Corr
0.36	SBET	Sharplink Gaming	Pair Corr

Related Correlations Analysis

	PLNT	BOWL	JAKK	SEAS	GOLF	OSW	FNKO	MODG	LTH	YETI
PLNT		0.3	0.47	-0.17	0.93	0.88	-0.55	-0.9	-0.18	0.41	PLNT
BOWL	0.3		-0.2	-0.26	0.35	0.14	0.04	-0.11	0.5	0.36	BOWL
JAKK	0.47	-0.2		0.43	0.41	0.68	-0.33	-0.49	-0.45	-0.17	JAKK
SEAS	-0.17	-0.26	0.43		-0.3	0.03	0.03	0.1	-0.08	-0.42	SEAS
GOLF	0.93	0.35	0.41	-0.3		0.84	-0.37	-0.83	-0.14	0.59	GOLF
OSW	0.88	0.14	0.68	0.03	0.84		-0.4	-0.88	-0.34	0.31	OSW
FNKO	-0.55	0.04	-0.33	0.03	-0.37	-0.4		0.49	0.18	0.17	FNKO
MODG	-0.9	-0.11	-0.49	0.1	-0.83	-0.88	0.49		0.42	-0.3	MODG
LTH	-0.18	0.5	-0.45	-0.08	-0.14	-0.34	0.18	0.42		0.17	LTH
YETI	0.41	0.36	-0.17	-0.42	0.59	0.31	0.17	-0.3	0.17		YETI
	PLNT	BOWL	JAKK	SEAS	GOLF	OSW	FNKO	MODG	LTH	YETI

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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

GOLF	+ 0.93	PLNT
OSW	+ 0.88	PLNT
OSW	+ 0.84	GOLF
OSW	+ 0.68	JAKK
YETI	+ 0.59	GOLF
LTH	+ 0.5	BOWL

High negative correlations

MODG	- 0.9	PLNT
MODG	- 0.88	OSW
MODG	- 0.83	GOLF
FNKO	- 0.55	PLNT
MODG	- 0.49	JAKK
LTH	- 0.45	JAKK

Risk-Adjusted Indicators

There is a big difference between Xponential Stock performing well and Xponential Fitness 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 Xponential Fitness' 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
PLNT	1.32	0.22	0.14	0.34	1.22	(1.48)	2.26	(2.60)	12.96
BOWL	2.23	(0.14)	0.00	(0.04)	0.00	0.00	4.94	(4.03)	16.92
JAKK	1.99	0.23	0.06	(1.52)	2.21	(2.10)	4.04	(3.47)	20.03
SEAS	1.85	(0.03)	(0.03)	0.03	2.18	(1.94)	3.85	(3.45)	10.32
GOLF	1.18	0.17	0.10	0.34	1.26	(1.40)	2.71	(2.73)	15.01
OSW	1.24	0.28	0.21	0.30	0.96	(1.55)	3.32	(2.29)	8.35
FNKO	1.87	0.08	0.00	4.52	3.01	(1.68)	4.69	(4.56)	15.13
MODG	2.15	(0.42)	0.00	(0.39)	0.00	0.00	3.85	(4.12)	14.26
LTH	1.50	(0.20)	0.00	(0.09)	0.00	0.00	2.98	(2.62)	11.23
YETI	1.64	0.21	0.09	0.52	1.60	(1.78)	3.73	(2.78)	12.33

Xponential Fitness Corporate Management

Megan Moen	Executive Vice President - Finance	Profile
Mark Grabowski	Chairman of the Board	Profile
Sarah Luna	President	Profile
Brenda Morris	Independent Director	Profile

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