Village Super Correlations

VLGEA Stock

USD 32.07 0.21 0.65%

The current 90-days correlation between Village Super Market and Natural Grocers by is 0.33 (i.e., Weak diversification). The correlation of Village Super 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.

Village Super Correlation With Market

Very weak diversification

The correlation between Village Super Market and DJI is 0.54 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Village Super Market and DJI in the same portfolio, assuming nothing else is changed.

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Village Super Market. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Moving together with Village Stock

0.76	IMKTA	Ingles Markets	Pair Corr
0.85	WMK	Weis Markets	Pair Corr
0.61	TR	Tootsie Roll Industries	Pair Corr

Moving against Village Stock

0.62	VINE	Fresh Grapes LLC	Pair Corr
0.61	VITL	Vital Farms	Pair Corr
0.47	WTER	Alkaline Water	Pair Corr
0.45	YI	111 Inc	Pair Corr
0.44	FAMI	Farmmi Inc	Pair Corr
0.43	AQB	AquaBounty Technologies	Pair Corr
0.42	BGS	BG Foods	Pair Corr

Related Correlations Analysis

	IMKTA	NGVC	ADRNY	GO	WMK	ASAI	SFM	OCDDY	ACI
IMKTA		0.42	0.86	0.52	0.71	0.6	0.0	-0.54	0.53	IMKTA
NGVC	0.42		0.46	0.68	0.73	-0.31	0.78	-0.67	0.46	NGVC
ADRNY	0.86	0.46		0.47	0.64	0.52	0.16	-0.73	0.56	ADRNY
GO	0.52	0.68	0.47		0.63	0.05	0.4	-0.52	0.72	GO
WMK	0.71	0.73	0.64	0.63		-0.01	0.55	-0.58	0.52	WMK
ASAI	0.6	-0.31	0.52	0.05	-0.01		-0.7	-0.04	0.2	ASAI
SFM	0.0	0.78	0.16	0.4	0.55	-0.7		-0.52	0.34	SFM
OCDDY	-0.54	-0.67	-0.73	-0.52	-0.58	-0.04	-0.52		-0.51	OCDDY
ACI	0.53	0.46	0.56	0.72	0.52	0.2	0.34	-0.51		ACI
	IMKTA	NGVC	ADRNY	GO	WMK	ASAI	SFM	OCDDY	ACI

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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

ADRNY	+ 0.86	IMKTA
SFM	+ 0.78	NGVC
WMK	+ 0.73	NGVC
ACI	+ 0.72	GO
WMK	+ 0.71	IMKTA
GO	+ 0.68	NGVC

High negative correlations

OCDDY	- 0.73	ADRNY
SFM	- 0.7	ASAI
OCDDY	- 0.67	NGVC
OCDDY	- 0.58	WMK
OCDDY	- 0.54	IMKTA
OCDDY	- 0.52	SFM

Risk-Adjusted Indicators

There is a big difference between Village Stock performing well and Village Super 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 Village Super'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
IMKTA	1.36	(0.15)	(0.05)	0.01	2.09	(1.47)	3.11	(4.43)	9.45
NGVC	2.37	0.74	0.31	0.48	1.96	(2.79)	6.30	(3.21)	26.67
ADRNY	0.67	(0.01)	(0.11)	0.07	0.81	(0.72)	1.37	(1.24)	3.37
GO	2.66	(0.01)	0.03	0.11	3.68	(2.91)	5.45	(5.23)	21.42
WMK	1.33	(0.02)	0.02	0.10	1.44	(1.49)	2.92	(2.66)	12.22
ASAI	2.67	(0.28)	0.00	0.55	0.00	0.00	4.83	(6.90)	14.20
SFM	1.27	0.53	0.37	0.97	0.71	(1.58)	3.51	(1.84)	10.56
OCDDY	2.13	(0.16)	0.00	0.40	0.00	0.00	3.72	(4.22)	10.11
ACI	1.04	(0.12)	0.00	(0.14)	0.00	0.00	2.60	(2.15)	5.26

Village Super Corporate Executives

Elected by the shareholders, the Village Super's board of directors comprises two types of representatives: Village Super inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Village. The board's role is to monitor Village Super's management team and ensure that shareholders' interests are well served. Village Super'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, Village Super's outside directors are responsible for providing unbiased perspectives on the board's policies.

	John Orden	CFO and Treasurer	Profile
	John CPA	CFO Treasurer	Profile

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