Beneficient Correlations

BENF Stock

0.34 0.01 2.86%

The current 90-days correlation between Beneficient Class and National Beverage Corp is -0.11 (i.e., Good diversification). The correlation of Beneficient 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.

Beneficient Correlation With Market

Significant diversification

The correlation between Beneficient Class A and DJI is 0.02 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Beneficient Class A and DJI in the same portfolio, assuming nothing else is changed.

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Beneficient Class A. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Moving together with Beneficient Stock

0.79	WD	Walker Dunlop	Pair Corr
0.76	ECPG	Encore Capital Group	Pair Corr
0.66	AXP	American Express	Pair Corr
0.85	SYF	Synchrony Financial	Pair Corr
0.8	ORGN	Origin Materials	Pair Corr
0.9	PYPL	PayPal Holdings	Pair Corr
0.72	SOFI	SoFi Technologies	Pair Corr
0.89	BITF	Bitfarms	Pair Corr
0.82	CODI	Compass Diversified	Pair Corr
0.63	DHIL	Diamond Hill Investment	Pair Corr
0.84	AX	Axos Financial	Pair Corr
0.85	BX	Blackstone Group	Pair Corr
0.61	BY	Byline Bancorp	Pair Corr
0.71	CG	Carlyle Group	Pair Corr
0.89	CM	Canadian Imperial Bank	Pair Corr

Moving against Beneficient Stock

0.69	RENEW	Cartesian Growth	Pair Corr
0.64	V	Visa Class A	Pair Corr
0.48	GDST	Goldenstone Acquisition	Pair Corr
0.45	PT	Pintec Technology	Pair Corr
0.36	MA	Mastercard	Pair Corr
0.33	WSBF	Waterstone Financial	Pair Corr
0.59	COOP	Mr Cooper Group	Pair Corr
0.55	BK	Bank of New York	Pair Corr
0.49	BBDC	Barings BDC	Pair Corr
0.46	AB	AllianceBernstein	Pair Corr
0.42	L	Loews Corp	Pair Corr
0.93	DB	Deutsche Bank AG	Pair Corr
0.89	LX	Lexinfintech Holdings	Pair Corr
0.87	LU	Lufax Holding	Pair Corr
0.81	GL	Globe Life	Pair Corr
0.69	CB	Chubb	Pair Corr
0.63	HG	Hamilton Insurance Group,	Pair Corr

Related Correlations Analysis

	FIZZ	BUD	LLESY	WVVIP	LLGCF	MNST	GNL-PD	BNL
FIZZ		-0.45	0.12	0.27	-0.7	-0.07	-0.44	-0.18	FIZZ
BUD	-0.45		-0.01	-0.6	0.82	0.82	0.5	0.89	BUD
LLESY	0.12	-0.01		0.2	0.05	-0.15	0.2	0.09	LLESY
WVVIP	0.27	-0.6	0.2		-0.45	-0.52	-0.37	-0.51	WVVIP
LLGCF	-0.7	0.82	0.05	-0.45		0.55	0.37	0.56	LLGCF
MNST	-0.07	0.82	-0.15	-0.52	0.55		0.22	0.79	MNST
GNL-PD	-0.44	0.5	0.2	-0.37	0.37	0.22		0.49	GNL-PD
BNL	-0.18	0.89	0.09	-0.51	0.56	0.79	0.49		BNL
	FIZZ	BUD	LLESY	WVVIP	LLGCF	MNST	GNL-PD	BNL

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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

BNL	+ 0.89	BUD
LLGCF	+ 0.82	BUD
MNST	+ 0.82	BUD
BNL	+ 0.79	MNST
BNL	+ 0.56	LLGCF
MNST	+ 0.55	LLGCF

High negative correlations

LLGCF	- 0.7	FIZZ
WVVIP	- 0.6	BUD
MNST	- 0.52	WVVIP
BNL	- 0.51	WVVIP
LLGCF	- 0.45	WVVIP
BUD	- 0.45	FIZZ

Risk-Adjusted Indicators

There is a big difference between Beneficient Stock performing well and Beneficient 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 Beneficient'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
FIZZ	1.10	(0.28)	0.00	1.33	0.00	0.00	2.10	(2.23)	7.80
BUD	1.06	0.28	0.19	0.58	1.32	(1.15)	2.29	(1.82)	9.04
LLESY	1.79	(0.26)	0.00	(1.17)	0.00	0.00	4.16	(7.21)	19.90
WVVIP	1.57	(0.08)	0.00	1.11	0.00	0.00	3.82	(3.83)	10.52
LLGCF	0.07	0.03	0.00	1.27	0.00	0.00	0.00	0.00	2.27
MNST	1.07	0.14	0.15	0.57	1.14	(1.13)	2.80	(1.87)	6.76
GNL-PD	0.90	0.03	0.06	0.06	1.27	(0.99)	1.97	(2.18)	8.25
BNL	1.04	0.05	0.07	0.05	1.28	(1.14)	2.15	(2.29)	4.51

Beneficient Corporate Management

James Silk	Chief VP	Profile
Maria Rutledge	Chief Officer	Profile
Jeff Welday	Global Distribution	Profile
Gregory Ezell	Chief Officer	Profile
Louise Jones	Managing Operations	Profile

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