Brinker International Correlations

Stocks . Germany . 
Stock . Brinker International
BKJ Stock  EUR 127.00  5.00  4.10%   
The current 90-days correlation between Brinker International and Luckin Coffee is -0.11 (i.e., Good diversification). The correlation of Brinker International 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.

Brinker International Correlation With Market

Significant diversification

The correlation between Brinker International and DJI is 0.05 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Brinker International and DJI in the same portfolio, assuming nothing else is changed.
  
The ability to find closely correlated positions to Brinker International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Brinker International 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 Brinker International - 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 Brinker International to buy it.

Moving together with Brinker Stock

  0.76SRB StarbucksPairCorr
  0.77SRB StarbucksPairCorr
  0.86C9F Chipotle Mexican GrillPairCorr
  0.94XGR2 Compass Group PLCPairCorr
  0.8TGR Yum BrandsPairCorr
  0.94XGR COMPASS GROUPPairCorr
  0.670YU Yum China HoldingsPairCorr
  0.81DDN Darden RestaurantsPairCorr
  0.92ESLC ESSILORLUXOTTICA 12ONPairCorr
  0.92GLE Gladstone CommercialPairCorr
  0.84HIP Park Hotels ResortsPairCorr
  0.68C6TB CHINA BANK ADR20PairCorr
  0.73VAI Vail ResortsPairCorr
  0.8APC Apple IncPairCorr
  0.92CQD Charter CommunicationsPairCorr
  0.634GE Grupo Mxico SABPairCorr
  0.9AF4 HANOVER INSURANCEPairCorr
  0.8AZ5 AutoZonePairCorr
  0.81GOB Compagnie de SaintPairCorr
  0.64D2V PARKEN Sport EntertaPairCorr
  0.84SYY SyscoPairCorr
  0.810XHR Xenia Hotels ResortsPairCorr
  0.8WX7 Corporate Office ProPairCorr
  0.65RZH SCOTT TECHNOLOGYPairCorr
  0.95PTX Palantir TechnologiesPairCorr
  0.9PPB Flutter Entertainment PLCPairCorr
  0.79APC Apple IncPairCorr

Moving against Brinker Stock

  0.826FO GOODTECH ASA APairCorr
  0.72CJ8A CARGOJET INC VARPairCorr
  0.8699Q ENTREPARTICULIERS EOPairCorr
  0.61AXI Atos SEPairCorr

Related Correlations Analysis

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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   
OD7B
+ 0.89
WCE
E6U
+ 0.84
OD7B
E6U
+ 0.82
WCE
HBO
+ 0.81
WCE
OD7B
+ 0.76
HBO
E6U
+ 0.72
HBO
  
High negative correlations   
OD7B
- 0.65
NAH
E6U
- 0.62
NAH
NAH
- 0.52
WCE
E6U
- 0.47
CVS
CVS
- 0.43
OD7B
NAH
- 0.39
HBO

Risk-Adjusted Indicators

There is a big difference between Brinker Stock performing well and Brinker International 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 Brinker International'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.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Brinker International 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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Brinker International Corporate Management

Elected by the shareholders, the Brinker International's board of directors comprises two types of representatives: Brinker International inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Brinker. The board's role is to monitor Brinker International's management team and ensure that shareholders' interests are well served. Brinker International'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, Brinker International's outside directors are responsible for providing unbiased perspectives on the board's policies.
Pankaj PatraVP OfficerProfile
Daniel FullerGen VPProfile
Mika WareVP RelationsProfile
Charles LousignontVP OfficerProfile
Wyman RobertsAdvisorProfile
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