AgriFORCE Growing Correlations

AGRI Stock

USD 0.04 0.0005 1.36%

The current 90-days correlation between AgriFORCE Growing Systems and AppHarvest is -0.02 (i.e., Good diversification). The correlation of AgriFORCE Growing 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.

AgriFORCE Growing Correlation With Market

Average diversification

The correlation between AgriFORCE Growing Systems and DJI is 0.1 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding AgriFORCE Growing Systems and DJI in the same portfolio, assuming nothing else is changed.

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AgriFORCE Growing Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Moving together with AgriFORCE Stock

0.63	BYND	Beyond Meat	Pair Corr
0.61	EL	Estee Lauder Companies	Pair Corr
0.63	KO	Coca Cola Fiscal Year End 11th of February 2025	Pair Corr
0.63	UL	Unilever PLC ADR	Pair Corr
0.85	DTCK	Davis Commodities	Pair Corr

Moving against AgriFORCE Stock

0.65	BJ	BJs Wholesale Club	Pair Corr
0.58	K	Kellanova Sell-off Trend	Pair Corr
0.56	TR	Tootsie Roll Industries	Pair Corr
0.47	GO	Grocery Outlet Holding	Pair Corr
0.47	JZ	Jianzhi Education	Pair Corr
0.35	PAVS	Paranovus Entertainment	Pair Corr
0.74	KR	Kroger Company Earnings Call This Week	Pair Corr
0.69	MO	Altria Group	Pair Corr
0.62	BRCNF	Burcon NutraScience Corp	Pair Corr
0.48	LW	Lamb Weston Holdings	Pair Corr
0.4	PM	Philip Morris Intern	Pair Corr
0.73	FIZZ	National Beverage Corp Earnings Call This Week	Pair Corr
0.63	EEIQ	Elite Education Group	Pair Corr

Related Correlations Analysis

	APPH	LMNR	APPHW	KALRQ	AFRIW	ASAGF	AAGRY	AGRIW	SHMP
APPH		-0.35	0.83	0.0	0.16	0.15	-0.2	0.29	-0.41	APPH
LMNR	-0.35		-0.47	0.0	-0.05	0.03	0.59	-0.22	0.14	LMNR
APPHW	0.83	-0.47		0.0	0.13	-0.07	-0.4	0.26	-0.54	APPHW
KALRQ	0.0	0.0	0.0		0.0	0.0	0.0	0.0	0.0	KALRQ
AFRIW	0.16	-0.05	0.13	0.0		0.21	-0.1	0.22	0.02	AFRIW
ASAGF	0.15	0.03	-0.07	0.0	0.21		0.24	0.17	0.34	ASAGF
AAGRY	-0.2	0.59	-0.4	0.0	-0.1	0.24		-0.29	0.24	AAGRY
AGRIW	0.29	-0.22	0.26	0.0	0.22	0.17	-0.29		-0.08	AGRIW
SHMP	-0.41	0.14	-0.54	0.0	0.02	0.34	0.24	-0.08		SHMP
	APPH	LMNR	APPHW	KALRQ	AFRIW	ASAGF	AAGRY	AGRIW	SHMP

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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

APPHW	+ 0.83	APPH
AAGRY	+ 0.59	LMNR
SHMP	+ 0.34	ASAGF
AGRIW	+ 0.29	APPH
AGRIW	+ 0.26	APPHW
AAGRY	+ 0.24	ASAGF

High negative correlations

SHMP	- 0.54	APPHW
APPHW	- 0.47	LMNR
SHMP	- 0.41	APPH
AAGRY	- 0.4	APPHW
LMNR	- 0.35	APPH
AGRIW	- 0.29	AAGRY

Risk-Adjusted Indicators

There is a big difference between AgriFORCE Stock performing well and AgriFORCE Growing 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 AgriFORCE Growing'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
APPH	5.95	(1.74)	0.00	(0.99)	0.00	0.00	8.57	(13.64)	31.70
LMNR	1.55	(0.04)	0.04	0.11	1.67	(1.74)	3.82	(3.01)	10.68
APPHW	11.60	(1.23)	0.00	(1.41)	0.00	0.00	17.07	(27.17)	85.32
KALRQ	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
AFRIW	4.16	(0.36)	0.00	(0.10)	0.00	0.00	10.71	(12.50)	32.86
ASAGF	0.75	0.02	(0.04)	(0.11)	1.16	(4.94)	2.25	(2.97)	15.63
AAGRY	0.42	0.15	0.00	(2.32)	0.00	0.00	0.00	0.00	14.09
AGRIW	27.97	5.86	0.18	(1.56)	23.28	(38.92)	86.21	(41.82)	161.84
SHMP	8.82	1.11	0.04	(0.33)	9.72	(16.13)	25.00	(20.00)	61.90

AgriFORCE Growing Corporate Management

BA BA	General Counsel	Profile
Denise Sabet	Director Communications	Profile
Gideon Jager	Chief Devel	Profile
Ingo Mueller	Chairman CEO	Profile
Ian Pedersen	Director Relations	Profile
Esq CPA	Chief Officer	Profile
Laila Benkrima	Chief Scientist	Profile

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