Bon Natural Correlations

BON Stock

USD 1.85 0.03 1.60%

The current 90-days correlation between Bon Natural Life and Real Good Food is 0.03 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bon Natural moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bon Natural Life moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Bon Natural Correlation With Market

Average diversification

The correlation between Bon Natural Life 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 Bon Natural Life 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 Bon Natural Life. 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.

Moving together with Bon Stock

0.76	BG	Bunge Limited	Pair Corr
0.72	ADM	Archer Daniels Midland	Pair Corr
0.61	CPB	Campbell Soup Earnings Call This Week	Pair Corr
0.61	FLO	Flowers Foods	Pair Corr
0.64	GIS	General Mills	Pair Corr
0.62	HRL	Hormel Foods Fiscal Year End 4th of December 2024	Pair Corr
0.62	HSY	Hershey	Pair Corr
0.67	LND	Brasilagro Adr	Pair Corr
0.61	MKC	McCormick Company Sell-off Trend	Pair Corr

Moving against Bon Stock

0.73	LW	Lamb Weston Holdings Sell-off Trend	Pair Corr
0.52	FAMI	Farmmi Inc	Pair Corr
0.48	PM	Philip Morris Intern	Pair Corr
0.43	FDP	Fresh Del Monte	Pair Corr
0.31	K	Kellanova	Pair Corr
0.6	LSF	Laird Superfood	Pair Corr
0.54	SAM	Boston Beer	Pair Corr
0.53	PPC	Pilgrims Pride Corp	Pair Corr
0.44	LANC	Lancaster Colony	Pair Corr
0.42	TPB	Turning Point Brands	Pair Corr
0.35	INGR	Ingredion Incorporated	Pair Corr
0.34	LWAY	Lifeway Foods	Pair Corr

Related Correlations Analysis

	BSFC	GHAV	RGF	CENTA	NATR	CENT	BTOG	BTTR	FAMI	LSF
BSFC		0.41	0.87	0.39	-0.47	0.34	0.28	0.77	-0.55	-0.86	BSFC
GHAV	0.41		0.23	0.51	0.08	0.51	-0.4	0.51	-0.36	-0.18	GHAV
RGF	0.87	0.23		0.26	-0.57	0.2	0.46	0.69	-0.47	-0.88	RGF
CENTA	0.39	0.51	0.26		0.45	1.0	-0.19	0.65	-0.62	-0.22	CENTA
NATR	-0.47	0.08	-0.57	0.45		0.49	-0.5	-0.16	-0.06	0.64	NATR
CENT	0.34	0.51	0.2	1.0	0.49		-0.24	0.62	-0.6	-0.16	CENT
BTOG	0.28	-0.4	0.46	-0.19	-0.5	-0.24		0.12	-0.11	-0.5	BTOG
BTTR	0.77	0.51	0.69	0.65	-0.16	0.62	0.12		-0.62	-0.63	BTTR
FAMI	-0.55	-0.36	-0.47	-0.62	-0.06	-0.6	-0.11	-0.62		0.56	FAMI
LSF	-0.86	-0.18	-0.88	-0.22	0.64	-0.16	-0.5	-0.63	0.56		LSF
	BSFC	GHAV	RGF	CENTA	NATR	CENT	BTOG	BTTR	FAMI	LSF

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Please upgrade your account to get full access to Macroaxis premium features

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

CENT	+ 1.0	CENTA
RGF	+ 0.87	BSFC
BTTR	+ 0.77	BSFC
BTTR	+ 0.69	RGF
BTTR	+ 0.65	CENTA
LSF	+ 0.64	NATR

High negative correlations

LSF	- 0.88	RGF
LSF	- 0.86	BSFC
LSF	- 0.63	BTTR
FAMI	- 0.62	BTTR
FAMI	- 0.62	CENTA
FAMI	- 0.6	CENT

Risk-Adjusted Indicators

There is a big difference between Bon Stock performing well and Bon Natural 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 Bon Natural'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
BSFC	6.64	(1.57)	0.00	(2.56)	0.00	0.00	11.11	(13.33)	56.92
GHAV	6.54	0.13	0.00	0.05	0.00	0.00	20.00	(16.67)	49.49
RGF	4.56	(0.52)	0.00	(1.72)	0.00	0.00	8.00	(9.09)	41.41
CENTA	1.26	(0.13)	(0.08)	(0.01)	1.46	(1.38)	2.74	(2.72)	6.82
NATR	2.08	0.06	0.08	0.14	1.87	(2.58)	6.11	(2.99)	22.72
CENT	1.25	(0.09)	(0.07)	0.02	1.44	(1.40)	2.81	(2.33)	6.39
BTOG	4.98	(0.31)	0.00	(0.82)	0.00	0.00	11.49	(11.38)	33.17
BTTR	5.84	(0.69)	0.00	(0.17)	0.00	0.00	9.94	(12.38)	33.95
FAMI	5.76	0.42	0.07	0.34	5.77	(8.91)	15.00	(10.34)	43.91
LSF	4.51	1.19	0.28	0.93	3.72	(5.50)	15.66	(7.63)	34.96

Bon Natural Corporate Management

Yongwei Hu	Chairman CEO	Profile
Yingchun Xue	Chief Officer	Profile
Wenjuan Chen	Chief Officer	Profile
Zhenchao Li	CFO Director	Profile
Wang Lee	Chief Officer	Profile
Jianli Liu	CTO Scientist	Profile

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC