Sonida Senior Correlations

SNDA Stock

USD 27.60 0.48 1.71%

The current 90-days correlation between Sonida Senior Living and Pennant Group is 0.25 (i.e., Modest diversification). The correlation of Sonida Senior 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.

Sonida Senior Correlation With Market

Modest diversification

The correlation between Sonida Senior Living and DJI is 0.21 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Sonida Senior Living 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 Sonida Senior Living. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

Moving together with Sonida Stock

0.8

BKD

Brookdale Senior Living

Pair Corr

Moving against Sonida Stock

0.59	VTAK	Catheter Precision	Pair Corr
0.46	VERO	Venus Concept	Pair Corr
0.43	WORX	Scworx Corp	Pair Corr
0.49	XAIR	Beyond Air	Pair Corr

Related Correlations Analysis

	SEM	EHC	PNTG	INNV	ACHC	SGRY	ENSG	HCSG	ADUS
SEM		0.41	0.19	0.39	-0.29	0.27	0.31	0.84	0.02	SEM
EHC	0.41		0.81	0.74	0.56	0.79	0.79	0.4	0.66	EHC
PNTG	0.19	0.81		0.88	0.72	0.87	0.96	0.37	0.91	PNTG
INNV	0.39	0.74	0.88		0.47	0.79	0.92	0.55	0.79	INNV
ACHC	-0.29	0.56	0.72	0.47		0.58	0.6	-0.14	0.77	ACHC
SGRY	0.27	0.79	0.87	0.79	0.58		0.84	0.44	0.69	SGRY
ENSG	0.31	0.79	0.96	0.92	0.6	0.84		0.47	0.87	ENSG
HCSG	0.84	0.4	0.37	0.55	-0.14	0.44	0.47		0.16	HCSG
ADUS	0.02	0.66	0.91	0.79	0.77	0.69	0.87	0.16		ADUS
	SEM	EHC	PNTG	INNV	ACHC	SGRY	ENSG	HCSG	ADUS

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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

ENSG	+ 0.96	PNTG
ENSG	+ 0.92	INNV
ADUS	+ 0.91	PNTG
INNV	+ 0.88	PNTG
SGRY	+ 0.87	PNTG
ADUS	+ 0.87	ENSG

High negative correlations

ACHC	- 0.29	SEM
HCSG	- 0.14	ACHC

Risk-Adjusted Indicators

There is a big difference between Sonida Stock performing well and Sonida Senior 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 Sonida Senior'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
SEM	1.41	(0.05)	0.01	0.08	2.83	(1.37)	3.43	(2.71)	16.41
EHC	0.99	0.09	0.02	0.26	1.44	(0.99)	1.93	(1.81)	8.07
PNTG	1.78	0.48	0.25	0.51	1.48	(2.07)	4.92	(2.69)	9.59
INNV	3.02	0.54	0.13	0.37	4.36	(3.32)	7.18	(5.34)	24.11
ACHC	1.78	0.31	0.16	0.69	1.38	(2.25)	4.60	(2.32)	16.57
SGRY	2.93	0.15	0.08	0.20	2.51	(3.79)	6.99	(4.02)	21.16
ENSG	1.08	0.29	0.23	0.42	0.74	(1.22)	2.81	(1.35)	8.09
HCSG	1.63	(0.13)	(0.03)	0.03	2.21	(1.64)	3.41	(2.88)	11.89
ADUS	1.16	0.18	0.11	0.32	1.29	(1.26)	2.15	(2.06)	7.60

Sonida Senior Corporate Management

Tabitha Obenour	VP Officer	Profile
Elliot Zibel	Independent Director	Profile
David Brickman	Senior Vice President General Counsel, Secretary	Profile
Brandon CPA	CEO and President	Profile
Noah Beren	Independent Chairman of the Board	Profile
Tiffany Dutton	Senior Vice President - Finance and Accounting	Profile
Linda Zimmerman	Corporate Controller	Profile

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