Vital FarmsInc Correlations
| VITL Stock | USD 27.00 0.56 2.12% |
The correlation of Vital FarmsInc 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 perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Vital FarmsInc moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vital FarmsInc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Significant diversification
The correlation between Vital FarmsInc and NYA 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 Vital FarmsInc and NYA in the same portfolio, assuming nothing else is changed.
Vital |
The ability to find closely correlated positions to Vital FarmsInc could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Vital FarmsInc when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Vital FarmsInc - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Vital FarmsInc to buy it.
Moving together with Vital Stock
| 0.61 | K | Kellanova Earnings Call This Week | PairCorr |
| 0.67 | CAG | ConAgra Foods Financial Report 11th of July 2024 | PairCorr |
| 0.9 | GIS | General Mills Financial Report 26th of June 2024 | PairCorr |
| 0.9 | HRL | Hormel Foods Financial Report 6th of June 2024 | PairCorr |
| 0.95 | BG | Bunge Limited Financial Report 1st of May 2024 | PairCorr |
| 0.89 | BJ | BJs Wholesale Club Financial Report 28th of May 2024 | PairCorr |
| 0.78 | CL | Colgate Palmolive Financial Report 26th of July 2024 | PairCorr |
| 0.72 | DG | Dollar General Financial Report 6th of June 2024 | PairCorr |
| 0.76 | GO | Grocery Outlet Holding Financial Report 14th of May 2024 | PairCorr |
Moving against Vital Stock
| 0.87 | RMCF | Rocky Mountain Chocolate Report 22nd of May 2024 | PairCorr |
| 0.86 | IH | IhumanInc | PairCorr |
| 0.83 | MDLZ | Mondelez International Sell-off Trend | PairCorr |
| 0.83 | SMPL | Simply Good Foods Financial Report 4th of July 2024 | PairCorr |
| 0.78 | JJSF | J J Snack Financial Report 6th of May 2024 | PairCorr |
| 0.72 | GV | Visionary Education Symbol Change | PairCorr |
| 0.69 | LW | Lamb Weston Holdings Financial Report 23rd of July 2024 | PairCorr |
| 0.44 | FC | Franklin Covey Financial Report 26th of June 2024 | PairCorr |
| 0.42 | TR | Tootsie Roll Industries | PairCorr |
Related Correlations Analysis
| 0.6 | 0.73 | 0.59 | 0.72 | -0.18 | -0.26 | CALM | ||
| 0.6 | 0.68 | 0.87 | 0.84 | -0.07 | 0.01 | DOLE | ||
| 0.73 | 0.68 | 0.81 | 0.8 | 0.07 | 0.28 | AGRO | ||
| 0.59 | 0.87 | 0.81 | 0.88 | 0.22 | 0.32 | FDP | ||
| 0.72 | 0.84 | 0.8 | 0.88 | 0.21 | 0.14 | LMNR | ||
| -0.18 | -0.07 | 0.07 | 0.22 | 0.21 | 0.67 | ALCO | ||
| -0.26 | 0.01 | 0.28 | 0.32 | 0.14 | 0.67 | LND | ||
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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 Vital Stock performing well and Vital FarmsInc 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 Vital FarmsInc'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CALM | 1.07 | 0.10 | 0.01 | (0.74) | 1.26 | 2.60 | 6.10 | |||
| DOLE | 1.09 | 0.09 | 0.00 | (3.30) | 1.33 | 2.06 | 8.54 | |||
| AGRO | 1.27 | 0.16 | 0.04 | (0.91) | 1.72 | 2.42 | 12.46 | |||
| FDP | 0.95 | 0.05 | (0.02) | (11.74) | 1.29 | 2.04 | 5.12 | |||
| LMNR | 1.34 | 0.10 | 0.00 | (0.18) | 1.69 | 2.83 | 10.58 | |||
| ALCO | 1.48 | (0.06) | 0.00 | 0.31 | 0.00 | 4.14 | 11.98 | |||
| LND | 1.01 | (0.05) | 0.00 | 0.22 | 0.00 | 2.10 | 5.76 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Vital FarmsInc without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Vital FarmsInc Corporate Management
Elected by the shareholders, the Vital FarmsInc's board of directors comprises two types of representatives: Vital FarmsInc inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Vital. The board's role is to monitor Vital FarmsInc's management team and ensure that shareholders' interests are well served. Vital FarmsInc'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, Vital FarmsInc's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Matthew Siler | Vice Relations | Profile | |
| Jason Dale | Chief Officer | Profile | |
| Daniel Jones | VP Fin | Profile | |
| Kathryn McKeon | Chief Officer | Profile | |
| Matthew OHayer | Founder Chairman | Profile | |
| Jeffery Dawson | Chief Officer | Profile | |
| Joanne Esq | Social Environmental | Profile |
Already Invested in Vital FarmsInc?
The danger of trading Vital FarmsInc is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Vital FarmsInc is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Vital FarmsInc. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Vital FarmsInc is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Vital FarmsInc is a strong investment it is important to analyze Vital FarmsInc's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Vital FarmsInc's future performance. For an informed investment choice regarding Vital Stock, refer to the following important reports: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vital FarmsInc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy Vital Stock please use our How to buy in Vital Stock guide.You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
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When running Vital FarmsInc's price analysis, check to measure Vital FarmsInc's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Vital FarmsInc is operating at the current time. Most of Vital FarmsInc's value examination focuses on studying past and present price action to predict the probability of Vital FarmsInc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vital FarmsInc's price. Additionally, you may evaluate how the addition of Vital FarmsInc to your portfolios can decrease your overall portfolio volatility.
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Is Vital FarmsInc's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Vital FarmsInc. If investors know Vital will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Vital FarmsInc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 2.712 | Earnings Share 0.59 | Revenue Per Share 11.455 | Quarterly Revenue Growth 0.234 | Return On Assets 0.0849 |
The market value of Vital FarmsInc is measured differently than its book value, which is the value of Vital that is recorded on the company's balance sheet. Investors also form their own opinion of Vital FarmsInc's value that differs from its market value or its book value, called intrinsic value, which is Vital FarmsInc's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Vital FarmsInc's market value can be influenced by many factors that don't directly affect Vital FarmsInc's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Vital FarmsInc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vital FarmsInc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vital FarmsInc's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.