Brockhaus Capital Correlations
| BKHT Stock | EUR 18.05 0.40 2.17% |
The current 90-days correlation between Brockhaus Capital and bet at home AG is -0.26 (i.e., Very good diversification). The correlation of Brockhaus Capital 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.
Brockhaus Capital Correlation With Market
Modest diversification
The correlation between Brockhaus Capital Management and DJI is 0.27 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Brockhaus Capital Management and DJI in the same portfolio, assuming nothing else is changed.
Brockhaus |
The ability to find closely correlated positions to Brockhaus Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Brockhaus Capital 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 Brockhaus Capital - 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 Brockhaus Capital Management to buy it.
Moving together with Brockhaus Stock
| 0.79 | A4S | Ameriprise Financial | PairCorr |
| 0.75 | ZYA | State Street | PairCorr |
| 0.61 | TR1 | T Rowe Price | PairCorr |
| 0.86 | 0QN | Ares Management Corp | PairCorr |
| 0.61 | PQ9 | BANK MANDIRI | PairCorr |
| 0.76 | BYRA | BANK RAKYAT IND | PairCorr |
| 0.61 | BYRA | PT Bank Rakyat | PairCorr |
| 0.62 | BZG2 | BANK CENTRAL ASIA | PairCorr |
Moving against Brockhaus Stock
| 0.64 | TKA | thyssenkrupp AG | PairCorr |
| 0.6 | JYS1 | JYSKE BANK | PairCorr |
| 0.57 | 3RE | Rejlerkoncernen AB | PairCorr |
| 0.57 | BSN | Danone SA | PairCorr |
| 0.5 | 5TP | BLUE LABEL | PairCorr |
| 0.46 | T62 | TOHO ZINC LTD | 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
|
Risk-Adjusted Indicators
There is a big difference between Brockhaus Stock performing well and Brockhaus Capital 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 Brockhaus Capital'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ACX | 1.83 | 0.13 | 0.05 | 1.42 | 2.30 | 4.21 | 19.44 | |||
| COA1 | 2.12 | 0.77 | 0.00 | (0.90) | 0.00 | 11.11 | 22.53 | |||
| ZCH | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| 2UH | 2.03 | (0.09) | 0.00 | (0.39) | 0.00 | 4.90 | 18.80 | |||
| 8AHB | 2.31 | 0.21 | 0.06 | 0.39 | 3.04 | 5.34 | 20.19 | |||
| GKE | 1.84 | 0.19 | 0.08 | 0.23 | 2.12 | 4.36 | 16.49 | |||
| 44B | 2.13 | 0.33 | 0.15 | 0.80 | 1.98 | 3.71 | 18.57 | |||
| K9R | 1.10 | 0.05 | 0.03 | 0.28 | 1.51 | 1.72 | 13.15 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Brockhaus Capital 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?
Run Idea Optimizer Now
Idea OptimizerUse advanced portfolio builder with pre-computed micro ideas to build optimal portfolio |
| All Next | Launch Module |
Brockhaus Capital Corporate Executives
Elected by the shareholders, the Brockhaus Capital's board of directors comprises two types of representatives: Brockhaus Capital inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Brockhaus. The board's role is to monitor Brockhaus Capital's management team and ensure that shareholders' interests are well served. Brockhaus Capital's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Brockhaus Capital's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Marcel Wilhelm | Legal COO | Profile |