BRC Correlations

BRCC Stock

USD 3.12 0.15 5.05%

The current 90-days correlation between BRC Inc and Bridgford Foods is 0.07 (i.e., Significant diversification). The correlation of BRC 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.

BRC Correlation With Market

Average diversification

The correlation between BRC Inc 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 BRC Inc 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 BRC Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Moving together with BRC Stock

0.78	BUD	Anheuser Busch Inbev	Pair Corr
0.75	FMX	Fomento Economico	Pair Corr
0.61	ISPR	Ispire Technology Common	Pair Corr
0.8	OTLY	Oatly Group AB	Pair Corr
0.7	BG	Bunge Limited	Pair Corr
0.8	CL	Colgate Palmolive Fiscal Year End 24th of January 2025	Pair Corr
0.77	DG	Dollar General	Pair Corr
0.73	EL	Estee Lauder Companies	Pair Corr
0.86	KO	Coca Cola Fiscal Year End 11th of February 2025	Pair Corr
0.78	UG	United Guardian	Pair Corr
0.87	UL	Unilever PLC ADR	Pair Corr

Moving against BRC Stock

0.81	TPB	Turning Point Brands	Pair Corr
0.8	SAM	Boston Beer	Pair Corr
0.76	TAP	Molson Coors Brewing	Pair Corr
0.64	UVV	Universal	Pair Corr
0.62	PM	Philip Morris Intern	Pair Corr
0.59	PAVS	Paranovus Entertainment	Pair Corr
0.33	TSN	Tyson Foods	Pair Corr
0.74	KR	Kroger Company	Pair Corr
0.72	LW	Lamb Weston Holdings	Pair Corr
0.72	MO	Altria Group	Pair Corr
0.64	BJ	BJs Wholesale Club	Pair Corr
0.49	GO	Grocery Outlet Holding	Pair Corr
0.46	JZ	Jianzhi Education	Pair Corr
0.45	K	Kellanova Sell-off Trend	Pair Corr
0.35	TR	Tootsie Roll Industries	Pair Corr
0.69	EEIQ	Elite Education Group	Pair Corr
0.52	WILC	G Willi Food Earnings Call Next Week	Pair Corr

Related Correlations Analysis

	JBSAY	MRRTY	BRID	CENTA	BRBR	INGR	POST	MKC	HAIN	LW
JBSAY		0.7	0.35	0.41	0.59	0.54	-0.02	-0.47	-0.15	0.61	JBSAY
MRRTY	0.7		0.55	0.76	0.86	0.72	0.35	-0.48	-0.23	0.51	MRRTY
BRID	0.35	0.55		0.6	0.38	0.2	0.59	0.15	-0.01	0.01	BRID
CENTA	0.41	0.76	0.6		0.54	0.59	0.54	-0.02	-0.37	0.07	CENTA
BRBR	0.59	0.86	0.38	0.54		0.78	0.21	-0.74	-0.19	0.78	BRBR
INGR	0.54	0.72	0.2	0.59	0.78		0.09	-0.58	-0.36	0.66	INGR
POST	-0.02	0.35	0.59	0.54	0.21	0.09		0.39	0.28	-0.26	POST
MKC	-0.47	-0.48	0.15	-0.02	-0.74	-0.58	0.39		0.25	-0.86	MKC
HAIN	-0.15	-0.23	-0.01	-0.37	-0.19	-0.36	0.28	0.25		-0.09	HAIN
LW	0.61	0.51	0.01	0.07	0.78	0.66	-0.26	-0.86	-0.09		LW
	JBSAY	MRRTY	BRID	CENTA	BRBR	INGR	POST	MKC	HAIN	LW

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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

BRBR	+ 0.86	MRRTY
INGR	+ 0.78	BRBR
LW	+ 0.78	BRBR
CENTA	+ 0.76	MRRTY
INGR	+ 0.72	MRRTY
MRRTY	+ 0.7	JBSAY

High negative correlations

LW	- 0.86	MKC
MKC	- 0.74	BRBR
MKC	- 0.58	INGR
MKC	- 0.48	MRRTY
MKC	- 0.47	JBSAY
HAIN	- 0.37	CENTA

Risk-Adjusted Indicators

There is a big difference between BRC Stock performing well and BRC 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 BRC'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
JBSAY	1.56	0.13	(0.02)	(0.15)	1.98	(1.60)	3.19	(3.71)	8.03
MRRTY	2.20	0.48	0.10	(0.43)	2.22	(2.73)	5.04	(5.00)	11.51
BRID	1.53	0.24	0.09	0.78	1.52	(1.80)	4.07	(2.70)	9.39
CENTA	1.32	(0.02)	0.00	0.10	1.37	(1.48)	2.81	(2.72)	6.82
BRBR	0.93	0.42	0.32	1.55	0.57	(1.14)	2.61	(1.63)	5.32
INGR	0.97	0.06	0.00	0.23	1.22	(1.08)	1.46	(1.67)	21.14
POST	0.75	0.01	(0.08)	0.14	0.84	(0.83)	1.81	(1.54)	4.58
MKC	0.88	(0.03)	0.00	(0.21)	0.00	0.00	2.17	(1.43)	4.93
HAIN	2.46	0.01	(0.01)	0.13	3.79	(2.62)	5.48	(4.20)	23.90
LW	1.13	0.23	0.10	0.62	1.39	(1.28)	2.57	(2.28)	16.32

BRC Corporate Management

Roland Smith	Ex Chairman	Profile
Danya Kennedy	Chief Officer	Profile
Martin Manning	Chief Officer	Profile
Chris Clark	Chief Officer	Profile
Toby Johnson	Chief Officer	Profile

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