Brunello Cucinelli Correlations

BCUCY Stock

USD 64.17 0.83 1.28%

The current 90-days correlation between Brunello Cucinelli SpA and Watches of Switzerland is 0.13 (i.e., Average diversification). The correlation of Brunello Cucinelli 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. If the correlation is 0, the equities are not correlated; they are entirely random.

Brunello Cucinelli Correlation With Market

Significant diversification

The correlation between Brunello Cucinelli SpA and DJI is 0.03 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Brunello Cucinelli SpA and DJI in the same portfolio, assuming nothing else is changed.

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

Moving together with Brunello Pink Sheet

0.9	LVMHF	LVMH Mot Hennessy	Pair Corr
0.99	HESAY	Hermes International	Pair Corr
0.99	HESAF	Hermes International SCA	Pair Corr
0.84	CHDRY	Christian Dior SE	Pair Corr
0.89	CHDRF	Christian Dior SE	Pair Corr
0.97	CFRUY	Compagnie Financiere	Pair Corr
0.98	CFRHF	Compagnie Financière	Pair Corr
0.84	PPRUF	Kering SA	Pair Corr
0.82	PPRUY	Kering SA	Pair Corr
0.77	SSNLF	Samsung Electronics	Pair Corr
0.81	PLTR	Palantir Technologies	Pair Corr
0.81	AXIL	AXIL Brands,	Pair Corr
0.89	GPI	Group 1 Automotive	Pair Corr
0.81	CRWD	Crowdstrike Holdings Earnings Call This Week	Pair Corr
0.69	T	ATT Inc Aggressive Push	Pair Corr
0.77	PINS	Pinterest	Pair Corr
0.81	KPLTW	Katapult Holdings Equity	Pair Corr
0.69	APP	Applovin Corp	Pair Corr
0.67	ATRC	AtriCure	Pair Corr
0.85	AGI	Alamos Gold Sell-off Trend	Pair Corr

Moving against Brunello Pink Sheet

0.85	PBCRY	Bank Central Asia	Pair Corr
0.78	TLKMF	Telkom Indonesia Tbk	Pair Corr
0.72	PPERY	Bank Mandiri Persero	Pair Corr
0.71	PBCRF	PT Bank Central	Pair Corr
0.7	PTAIY	Astra International Tbk Earnings Call Today	Pair Corr
0.69	PPERF	Bank Mandiri Persero	Pair Corr
0.52	TLK	Telkom Indonesia Tbk	Pair Corr
0.38	BKRKF	PT Bank Rakyat	Pair Corr
0.52	IPIX	Innovation Pharmaceuticals	Pair Corr

Related Correlations Analysis

	WOSGF	SWGAY	PRDSY	CHDRY	PPRUY	BURBY	CFRHF	CFRUY	SFRGY	PPRUF
WOSGF		0.22	0.59	0.35	0.4	0.37	0.26	0.26	0.42	0.34	WOSGF
SWGAY	0.22		0.36	0.41	0.73	0.45	0.48	0.49	0.49	0.56	SWGAY
PRDSY	0.59	0.36		0.69	0.74	0.6	0.67	0.65	0.83	0.73	PRDSY
CHDRY	0.35	0.41	0.69		0.8	0.75	0.84	0.84	0.84	0.78	CHDRY
PPRUY	0.4	0.73	0.74	0.8		0.76	0.84	0.85	0.86	0.86	PPRUY
BURBY	0.37	0.45	0.6	0.75	0.76		0.91	0.92	0.82	0.73	BURBY
CFRHF	0.26	0.48	0.67	0.84	0.84	0.91		1.0	0.88	0.83	CFRHF
CFRUY	0.26	0.49	0.65	0.84	0.85	0.92	1.0		0.88	0.83	CFRUY
SFRGY	0.42	0.49	0.83	0.84	0.86	0.82	0.88	0.88		0.87	SFRGY
PPRUF	0.34	0.56	0.73	0.78	0.86	0.73	0.83	0.83	0.87		PPRUF
	WOSGF	SWGAY	PRDSY	CHDRY	PPRUY	BURBY	CFRHF	CFRUY	SFRGY	PPRUF

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Risk-Adjusted Indicators

There is a big difference between Brunello Pink Sheet performing well and Brunello Cucinelli 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 Brunello Cucinelli'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
WOSGF	1.72	0.22	0.06	0.60	1.96	(3.77)	4.89	(3.11)	24.55
SWGAY	1.32	0.10	0.05	(0.69)	1.57	(1.51)	3.03	(3.00)	7.52
PRDSY	2.31	0.22	0.07	(0.32)	2.64	(2.77)	4.07	(4.99)	14.08
CHDRY	2.26	0.31	0.10	2.32	2.51	(2.72)	5.86	(5.38)	13.79
PPRUY	2.02	0.34	0.13	1.66	2.15	(2.12)	5.78	(3.79)	12.10
BURBY	1.86	0.23	0.11	0.48	1.91	(2.15)	4.30	(3.41)	15.32
CFRHF	1.85	0.65	0.25	(0.99)	1.53	(2.26)	3.90	(3.13)	19.23
CFRUY	1.36	0.60	0.50	(15.25)	0.70	(1.76)	2.94	(1.92)	18.24
SFRGY	2.53	0.36	0.09	3.25	3.57	(2.51)	5.57	(5.90)	14.08
PPRUF	2.66	0.39	0.12	1.92	2.77	(3.03)	5.83	(4.40)	17.72

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Our tools can tell you how much better you can do entering a position in Brunello Cucinelli 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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