Ralph Lauren Correlations

RL Stock

USD 231.40 8.73 3.92%

The current 90-days correlation between Ralph Lauren Corp and VF Corporation is 0.28 (i.e., Modest diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ralph Lauren moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ralph Lauren Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Ralph Lauren Correlation With Market

Very weak diversification

The correlation between Ralph Lauren Corp and DJI is 0.41 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Ralph Lauren Corp and DJI in the same portfolio, assuming nothing else is changed.

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ralph Lauren Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Moving together with Ralph Stock

0.78	UA	Under Armour C	Pair Corr
0.76	DOGZ	Dogness International	Pair Corr
0.81	VSTO	Vista Outdoor	Pair Corr
0.61	ESCA	Escalade Incorporated	Pair Corr
0.75	FOSL	Fossil Group	Pair Corr
0.9	KTB	Kontoor Brands	Pair Corr
0.77	MPX	Marine Products Fiscal Year End 23rd of January 2025	Pair Corr
0.76	PVH	PVH Corp Earnings Call This Week	Pair Corr
0.82	REE	Ree Automotive Holding	Pair Corr
0.89	UAA	Under Armour A Aggressive Push	Pair Corr
0.77	JAKK	JAKKS Pacific	Pair Corr
0.87	LULU	Lululemon Athletica Earnings Call This Week	Pair Corr

Moving against Ralph Stock

0.88	FEBO	Fenbo Holdings	Pair Corr
0.84	DOOO	BRP Inc	Pair Corr
0.81	EZGO	EZGO Technologies	Pair Corr
0.74	WTO	UTime Limited	Pair Corr
0.6	SKX	Skechers USA	Pair Corr
0.45	GOOS	Canada Goose Holdings Sell-off Trend	Pair Corr
0.38	HAS	Hasbro Inc	Pair Corr
0.37	NKE	Nike Inc Aggressive Push	Pair Corr
0.9	LIVE	Live Ventures Fiscal Year End 18th of December 2024	Pair Corr
0.72	RCKY	Rocky Brands	Pair Corr
0.69	CTHR	Charles Colvard	Pair Corr
0.63	JXJT	JX Luxventure Limited	Pair Corr
0.6	LANV	Lanvin Group Holdings	Pair Corr
0.6	GV	Visionary Education	Pair Corr
0.58	JOUT	Johnson Outdoors Earnings Call This Week	Pair Corr
0.56	LEVI	Levi Strauss Fiscal Year End 23rd of January 2025	Pair Corr
0.55	ISPOW	Thayer Ventures Acqu	Pair Corr
0.5	TH	Target Hospitality Corp	Pair Corr

Related Correlations Analysis

	VFC	LEVI	COLM	OXM	GIII	VNCE
VFC		-0.26	0.21	-0.39	0.11	0.02	VFC
LEVI	-0.26		-0.05	0.61	0.01	0.54	LEVI
COLM	0.21	-0.05		0.33	0.06	-0.15	COLM
OXM	-0.39	0.61	0.33		-0.13	0.01	OXM
GIII	0.11	0.01	0.06	-0.13		0.3	GIII
VNCE	0.02	0.54	-0.15	0.01	0.3		VNCE
	VFC	LEVI	COLM	OXM	GIII	VNCE

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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

OXM	+ 0.61	LEVI
VNCE	+ 0.54	LEVI
OXM	+ 0.33	COLM
VNCE	+ 0.3	GIII
COLM	+ 0.21	VFC
GIII	+ 0.11	VFC

High negative correlations

OXM	- 0.39	VFC
LEVI	- 0.26	VFC
VNCE	- 0.15	COLM
GIII	- 0.13	OXM
COLM	- 0.05	LEVI

Risk-Adjusted Indicators

There is a big difference between Ralph Stock performing well and Ralph Lauren 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 Ralph Lauren'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
VFC	2.61	0.20	0.04	0.68	2.83	(3.13)	5.06	(4.77)	33.97
LEVI	1.40	(0.20)	0.00	(0.12)	0.00	0.00	2.75	(2.83)	11.26
COLM	1.24	0.05	(0.02)	0.25	1.56	(1.20)	2.53	(2.36)	7.71
OXM	1.48	(0.17)	(0.07)	0.00	1.83	(1.58)	3.18	(3.12)	8.17
GIII	2.03	0.17	0.06	0.38	1.93	(2.49)	3.72	(4.17)	26.82
VNCE	2.88	(0.05)	(0.02)	0.07	3.73	(3.58)	6.29	(7.25)	35.35

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