Burberry Group Correlations

BBRYF Stock

USD 11.50 0.69 5.66%

The current 90-days correlation between Burberry Group plc and Prada Spa PK is 0.14 (i.e., Average diversification). The correlation of Burberry Group 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.

Burberry Group Correlation With Market

Modest diversification

The correlation between Burberry Group plc and DJI is 0.29 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Burberry Group plc and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to Burberry Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Burberry Group 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 Burberry Group - 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 Burberry Group plc to buy it.

Moving together with Burberry Pink Sheet

0.72	LVMHF	LVMH Mot Hennessy	Pair Corr
0.78	HESAY	Hermes International	Pair Corr
0.76	HESAF	Hermes International SCA	Pair Corr
0.66	CHDRF	Christian Dior SE	Pair Corr
0.75	CFRUY	Compagnie Financiere	Pair Corr
0.75	CFRHF	Compagnie Financière	Pair Corr
0.68	PPRUF	Kering SA	Pair Corr
0.67	PPRUY	Kering SA	Pair Corr
0.84	META	Meta Platforms	Pair Corr

Moving against Burberry Pink Sheet

0.46	AMBR	Amber Road, Symbol Change	Pair Corr
0.4	SPNT	Siriuspoint	Pair Corr
0.32	GLE	Global Engine Group	Pair Corr

Related Correlations Analysis

	PPRUY	CFRUY	SWGAY	PRDSY	SFRGY	CHDRY	PRDSF	BURBY	TPR	SIG
PPRUY		0.71	0.76	0.76	0.67	0.62	0.73	0.71	0.83	-0.61	PPRUY
CFRUY	0.71		0.71	0.39	0.79	0.56	0.45	0.74	0.77	-0.75	CFRUY
SWGAY	0.76	0.71		0.47	0.69	0.34	0.48	0.44	0.7	-0.61	SWGAY
PRDSY	0.76	0.39	0.47		0.46	0.48	0.7	0.59	0.7	-0.32	PRDSY
SFRGY	0.67	0.79	0.69	0.46		0.45	0.39	0.58	0.76	-0.56	SFRGY
CHDRY	0.62	0.56	0.34	0.48	0.45		0.3	0.62	0.56	-0.4	CHDRY
PRDSF	0.73	0.45	0.48	0.7	0.39	0.3		0.45	0.74	-0.49	PRDSF
BURBY	0.71	0.74	0.44	0.59	0.58	0.62	0.45		0.71	-0.57	BURBY
TPR	0.83	0.77	0.7	0.7	0.76	0.56	0.74	0.71		-0.72	TPR
SIG	-0.61	-0.75	-0.61	-0.32	-0.56	-0.4	-0.49	-0.57	-0.72		SIG
	PPRUY	CFRUY	SWGAY	PRDSY	SFRGY	CHDRY	PRDSF	BURBY	TPR	SIG

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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

TPR	+ 0.83	PPRUY
SFRGY	+ 0.79	CFRUY
TPR	+ 0.77	CFRUY
SWGAY	+ 0.76	PPRUY
PRDSY	+ 0.76	PPRUY
TPR	+ 0.76	SFRGY

High negative correlations

SIG	- 0.75	CFRUY
SIG	- 0.72	TPR
SIG	- 0.61	SWGAY
SIG	- 0.61	PPRUY
SIG	- 0.57	BURBY
SIG	- 0.56	SFRGY

Risk-Adjusted Indicators

There is a big difference between Burberry Pink Sheet performing well and Burberry Group 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 Burberry Group'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
PPRUY	2.10	(0.12)	0.00	(0.48)	0.00	0.00	4.26	(4.22)	14.68
CFRUY	1.61	0.36	0.19	0.86	1.85	(1.76)	2.31	(3.08)	21.84
SWGAY	1.42	0.01	0.04	0.20	1.84	(1.46)	3.03	(3.00)	8.49
PRDSY	2.44	(0.15)	0.00	(0.30)	0.00	0.00	4.51	(5.51)	15.70
SFRGY	2.83	0.20	0.05	0.22	4.07	(2.70)	5.57	(5.90)	17.48
CHDRY	2.65	0.03	0.02	0.03	3.11	(3.38)	5.92	(5.62)	17.08
PRDSF	2.21	(0.19)	0.00	3.10	0.00	0.00	7.38	(7.86)	18.50
BURBY	2.03	(0.10)	0.00	(0.23)	0.00	0.00	5.39	(3.97)	15.32
TPR	1.79	0.32	0.14	0.24	2.13	(1.89)	3.56	(3.60)	17.66
SIG	2.61	(0.38)	0.00	(0.34)	0.00	0.00	3.58	(4.23)	24.56

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Our tools can tell you how much better you can do entering a position in Burberry Group 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.

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Burberry Group Corporate Management

Rod Manley	Chief Officer	Profile
Edward Rash	G Counsel	Profile
Jonathan Akeroyd	CEO Director	Profile
Julian Easthope	VP Relations	Profile
Mark McClennon	Chief Officer	Profile

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