McDonalds Holdings Related Correlations

MDNDF Stock

USD 45.99 0.00 0.00%

Generate correlation matrix for McDonalds Holdings and other related equities to check the degree to which McDonalds Holdings price movement is correlated to its related entities. Use comma (,) to separate each symbol. If not specified, the peers will be provided automatically based on Macroaxis sector classification standards for McDonalds Holdings. To filter out specific equities, please toggle its corresponding legend item. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in McDonalds Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.

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Please note, there is a significant difference between McDonalds Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if McDonalds Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, McDonalds Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Correlations

	JBFCY	NATH	GTIM	CMPGY	WING	PZZA	CMG	WEN	DPZ	MCD
JBFCY		0.3	-0.18	0.37	0.05	0.29	-0.01	-0.46	-0.23	0.27	JBFCY
NATH	0.3		0.09	0.35	-0.25	0.56	-0.47	-0.23	-0.27	0.58	NATH
GTIM	-0.18	0.09		0.15	0.24	-0.19	0.22	0.37	0.32	-0.27	GTIM
CMPGY	0.37	0.35	0.15		0.16	0.0	0.2	-0.05	0.18	0.05	CMPGY
WING	0.05	-0.25	0.24	0.16		-0.77	0.88	-0.23	0.78	-0.56	WING
PZZA	0.29	0.56	-0.19	0.0	-0.77		-0.9	-0.12	-0.87	0.89	PZZA
CMG	-0.01	-0.47	0.22	0.2	0.88	-0.9		0.0	0.86	-0.81	CMG
WEN	-0.46	-0.23	0.37	-0.05	-0.23	-0.12	0.0		0.11	-0.21	WEN
DPZ	-0.23	-0.27	0.32	0.18	0.78	-0.87	0.86	0.11		-0.8	DPZ
MCD	0.27	0.58	-0.27	0.05	-0.56	0.89	-0.81	-0.21	-0.8		MCD
	JBFCY	NATH	GTIM	CMPGY	WING	PZZA	CMG	WEN	DPZ	MCD

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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

MCD	+ 0.89	PZZA
CMG	+ 0.88	WING
DPZ	+ 0.86	CMG
DPZ	+ 0.78	WING
MCD	+ 0.58	NATH
PZZA	+ 0.56	NATH

High negative correlations

CMG	- 0.9	PZZA
DPZ	- 0.87	PZZA
MCD	- 0.81	CMG
MCD	- 0.8	DPZ
PZZA	- 0.77	WING
MCD	- 0.56	WING

Risk-Adjusted Indicators

There is a big difference between McDonalds Pink Sheet performing well and McDonalds Holdings 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 McDonalds Holdings' 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
JBFCY	1.32	(0.45)	0.00	(1.82)	0.00	0.00	2.74	(4.42)	14.67
NATH	1.08	(0.24)	0.00	(0.13)	0.00	0.00	1.80	(2.25)	7.41
GTIM	2.24	0.04	0.00	0.15	2.63	(2.41)	4.10	(4.58)	11.28
CMPGY	0.82	(0.02)	(0.07)	0.02	1.06	(0.82)	1.35	(1.72)	5.61
WING	1.82	0.36	0.13	0.46	2.10	(1.83)	3.68	(4.36)	13.23
PZZA	1.47	(0.33)	0.00	(0.16)	0.00	0.00	2.62	(3.22)	7.95
CMG	0.95	0.28	0.29	0.55	0.46	(1.16)	2.25	(1.34)	8.95
WEN	1.05	0.00	(0.01)	0.09	1.21	(1.10)	1.90	(2.08)	5.26
DPZ	1.15	0.10	0.07	0.19	1.25	(1.26)	2.14	(1.96)	10.39
MCD	0.74	(0.17)	0.00	(0.21)	0.00	0.00	1.54	(1.66)	5.72

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McDonalds Holdings Related Correlations

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