Pair Correlation Between Darden Restaurants and Bloomin Brands

Investment Horizon     30 Days    Login   to change
This module allows you to analyze existing cross correlation between Darden Restaurants Inc and Bloomin Brands Inc. You can compare the effects of market volatilities on Darden Restaurants and Bloomin Brands and check how they will diversify away market risk if combined in the same portfolio for a given time horizon. You can also utilize pair trading strategies of matching a long position in Darden Restaurants with a short position of Bloomin Brands. Please also check ongoing floating volatility patterns of Darden Restaurants and Bloomin Brands.
 Darden Restaurants Inc.  vs   Bloomin Brands Inc.
Daily Returns (%)
Benchmark  Embed   Timeline 
Considering 30-days investment horizon, Darden Restaurants Inc is expected to under-perform the Bloomin Brands. In addition to that, Darden Restaurants is 1.48 times more volatile than Bloomin Brands Inc. It trades about -0.16 of its total potential returns per unit of risk. Bloomin Brands Inc is currently generating about 0.05 per unit of volatility. If you would invest  1,723  in Bloomin Brands Inc on October 31, 2015 and sell it today you would earn a total of  28.00  from holding Bloomin Brands Inc or generate 1.63% return on investment over 30 days.

Correlation Coefficient



Time Period1 Month [change]
ValuesDaily Returns


Average diversification

Overlapping area represents amount of risk that can be diversified away by holding Darden Restaurants Inc. and Bloomin Brands Inc. in the same portfolio assuming nothing else is changed

Historical Performance Chart

Comparative Volatility

Predicted Return Density  
Benchmark  Embed   Returns 

Darden Restaurants


Risk-adjusted Performance

Over the last 30 days Darden Restaurants Inc has generated negative risk-adjusted returns adding no value to investors with long positions.

Pair trading matchups for Darden Restaurants


Bloomin Brands


Risk-adjusted Performance

Compared to the overall equity markets, risk-adjusted returns on investments in Bloomin Brands Inc are ranked lower than 3 (%) of all global equities and portfolios over the last 30 days.

Pair trading matchups for Bloomin Brands