Yum Brands Correlations
| YUM Stock | USD 141.81 1.71 1.22% |
The correlation of Yum Brands 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 perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Yum Brands moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Yum Brands moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Very weak diversification
The correlation between Yum Brands and NYA is 0.42 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Yum Brands and NYA in the same portfolio, assuming nothing else is changed.
Yum |
The ability to find closely correlated positions to Yum Brands could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Yum Brands when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Yum Brands - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Yum Brands to buy it.
Moving together with Yum Stock
| 0.71 | CMG | Chipotle Mexican Grill | PairCorr |
| 0.64 | DPZ | Dominos Pizza Earnings Call This Week | PairCorr |
| 0.71 | HLT | Hilton Worldwide Holdings Buyout Trend | PairCorr |
| 0.72 | IHG | InterContinental Hotels | PairCorr |
| 0.67 | GM | General Motors Sell-off Trend | PairCorr |
| 0.77 | TM | Toyota Motor Financial Report 8th of May 2024 | PairCorr |
| 0.7 | DORM | Dorman Products Financial Report 7th of May 2024 | PairCorr |
| 0.9 | VZIO | Vizio Holding Corp Financial Report 14th of May 2024 | PairCorr |
Moving against Yum Stock
| 0.53 | VC | Visteon Corp Earnings Call Today | PairCorr |
| 0.47 | ETSY | Etsy Inc Earnings Call This Week | PairCorr |
| 0.45 | SBUX | Starbucks Earnings Call This Week | PairCorr |
| 0.88 | SMP | Standard Motor Products Earnings Call This Week | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Yum Stock performing well and Yum Brands 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 Yum Brands' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SHAK | 2.12 | 0.42 | 0.24 | 0.23 | 1.86 | 4.22 | 31.94 | |||
| PZZA | 1.47 | (0.33) | 0.00 | (0.16) | 0.00 | 2.62 | 7.95 | |||
| DPZ | 1.15 | 0.10 | 0.07 | 0.19 | 1.25 | 2.14 | 10.39 | |||
| JACK | 1.49 | (0.49) | 0.00 | (0.52) | 0.00 | 2.54 | 8.33 | |||
| EAT | 1.77 | 0.20 | 0.12 | 0.22 | 1.82 | 3.87 | 13.65 | |||
| DIN | 1.53 | (0.10) | (0.03) | 0.02 | 2.02 | 2.95 | 8.57 | |||
| RUTH | 1.40 | 0.48 | 0.20 | (0.92) | 0.94 | 1.75 | 34.37 | |||
| QSR | 1.07 | (0.15) | 0.00 | (0.03) | 0.00 | 2.36 | 6.90 | |||
| WING | 1.82 | 0.36 | 0.13 | 0.46 | 2.10 | 3.68 | 13.23 | |||
| DRI | 0.92 | (0.09) | 0.00 | (0.03) | 0.00 | 1.63 | 9.35 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Yum Brands without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Yum Brands Corporate Directors
Yum Brands corporate directors refer to members of a Yum Brands board of directors. The board of directors generally takes responsibility for the Yum Brands' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Yum Brands' board members must vote for the resolution. The Yum Brands board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Thomas Ryan | Lead Independent Director | Profile | |
| Robert Walter | Independent Director | Profile | |
| Annie YoungScrivner | Independent Director | Profile | |
| Lauren Hobart | Independent Director | Profile |
Already Invested in Yum Brands?
The danger of trading Yum Brands is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Yum Brands is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Yum Brands. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Yum Brands is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Yum Brands is a strong investment it is important to analyze Yum Brands' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Yum Brands' future performance. For an informed investment choice regarding Yum Stock, refer to the following important reports: Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Yum Brands. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment. To learn how to invest in Yum Stock, please use our How to Invest in Yum Brands guide.You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Complementary Tools for Yum Stock analysis
When running Yum Brands' price analysis, check to measure Yum Brands' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Yum Brands is operating at the current time. Most of Yum Brands' value examination focuses on studying past and present price action to predict the probability of Yum Brands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Yum Brands' price. Additionally, you may evaluate how the addition of Yum Brands to your portfolios can decrease your overall portfolio volatility.
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Is Yum Brands' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Yum Brands. If investors know Yum will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Yum Brands listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.243 | Dividend Share 2.42 | Earnings Share 5.59 | Revenue Per Share 25.181 | Quarterly Revenue Growth 0.008 |
The market value of Yum Brands is measured differently than its book value, which is the value of Yum that is recorded on the company's balance sheet. Investors also form their own opinion of Yum Brands' value that differs from its market value or its book value, called intrinsic value, which is Yum Brands' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Yum Brands' market value can be influenced by many factors that don't directly affect Yum Brands' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Yum Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Yum Brands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Yum Brands' 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.