Brookfield Reinsurance Correlations

Summary

BNREDelisted Stock

57.70 0.05 0.09%

The current 90-days correlation between Brookfield Reinsurance and Colas SA is 0.06 (i.e., Significant diversification). The correlation of Brookfield Reinsurance 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.

Brookfield Reinsurance Correlation With Market

Significant diversification

The correlation between Brookfield Reinsurance and DJI is 0.09 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Brookfield Reinsurance and DJI in the same portfolio, assuming nothing else is changed.

Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Moving together with Brookfield Stock

0.79	SSNLF	Samsung Electronics	Pair Corr
0.86	PTAIF	PT Astra International	Pair Corr
0.85	TRV	The Travelers Companies Fiscal Year End 17th of January 2025	Pair Corr
0.74	INTC	Intel Fiscal Year End 23rd of January 2025	Pair Corr
0.92	CSCO	Cisco Systems Sell-off Trend	Pair Corr
0.73	CAT	Caterpillar Fiscal Year End 3rd of February 2025	Pair Corr
0.81	BAC	Bank of America Aggressive Push	Pair Corr
0.7	DIS	Walt Disney Sell-off Trend	Pair Corr
0.82	T	ATT Inc Fiscal Year End 22nd of January 2025	Pair Corr
0.83	AXP	American Express Fiscal Year End 24th of January 2025	Pair Corr
0.87	AA	Alcoa Corp Fiscal Year End 15th of January 2025	Pair Corr
0.74	JPM	JPMorgan Chase Sell-off Trend	Pair Corr

Moving against Brookfield Stock

0.84	MRK	Merck Company Fiscal Year End 6th of February 2025	Pair Corr
0.81	KO	Coca Cola Aggressive Push	Pair Corr
0.78	PPERF	Bank Mandiri Persero	Pair Corr
0.77	BKRKY	Bank Rakyat	Pair Corr
0.75	BKRKF	PT Bank Rakyat	Pair Corr
0.75	TLK	Telkom Indonesia Tbk	Pair Corr
0.72	PPERY	Bank Mandiri Persero	Pair Corr
0.69	JNJ	Johnson Johnson Sell-off Trend	Pair Corr
0.44	PBCRY	Bank Central Asia	Pair Corr

Related Correlations Analysis

	RE	MHLD	RNR	GLRE	RGA	SPNT	SCRYY	OXBR
RE		0.01	-0.06	-0.48	-0.38	-0.29	-0.39	-0.39	RE
MHLD	0.01		0.17	0.25	0.22	0.08	-0.05	-0.04	MHLD
RNR	-0.06	0.17		0.17	0.17	-0.01	0.41	0.56	RNR
GLRE	-0.48	0.25	0.17		0.86	0.68	0.58	0.35	GLRE
RGA	-0.38	0.22	0.17	0.86		0.79	0.66	0.44	RGA
SPNT	-0.29	0.08	-0.01	0.68	0.79		0.53	0.18	SPNT
SCRYY	-0.39	-0.05	0.41	0.58	0.66	0.53		0.69	SCRYY
OXBR	-0.39	-0.04	0.56	0.35	0.44	0.18	0.69		OXBR
	RE	MHLD	RNR	GLRE	RGA	SPNT	SCRYY	OXBR

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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

RGA	+ 0.86	GLRE
SPNT	+ 0.79	RGA
OXBR	+ 0.69	SCRYY
SPNT	+ 0.68	GLRE
SCRYY	+ 0.66	RGA
SCRYY	+ 0.58	GLRE

High negative correlations

GLRE	- 0.48	RE
OXBR	- 0.39	RE
SCRYY	- 0.39	RE
RGA	- 0.38	RE
SPNT	- 0.29	RE
RNR	- 0.06	RE

Risk-Adjusted Indicators

There is a big difference between Brookfield Stock performing well and Brookfield Reinsurance 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 Brookfield Reinsurance'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
RE	1.10	(0.07)	0.00	(0.15)	0.00	0.00	2.29	(2.48)	6.28
MHLD	2.97	(0.52)	0.00	(0.04)	0.00	0.00	7.06	(5.18)	21.08
RNR	1.24	0.04	0.02	0.17	2.02	(1.29)	2.90	(1.54)	12.15
GLRE	1.05	(0.06)	0.00	0.09	1.35	(1.12)	1.90	(2.51)	12.12
RGA	1.04	(0.10)	(0.04)	0.05	1.30	(1.09)	1.91	(1.93)	10.03
SPNT	1.30	(0.16)	(0.04)	0.04	1.65	(1.50)	2.19	(2.74)	13.03
SCRYY	2.06	0.26	0.07	1.64	2.00	(2.90)	5.61	(4.09)	12.99
OXBR	3.38	0.90	0.17	(1.18)	3.30	(3.98)	8.85	(6.38)	16.51

Delisting Warning - BNRE

Brookfield Reinsurance was delisted

The entity Brookfield Reinsurance with a symbol BNRE was delisted from New York Stock Exchange. Please try Brookfield Wealth Solutions with a symbol BNT from now on. Check all delisted instruments accross multiple markets.

Brookfield Reinsurance Corporate Management

CPA CPA	CEO Chairman	Profile
Anna KnapmanScott	Corporate Secretary	Profile
Paul Forestell	Chief Officer	Profile
Thomas Corbett	Chief Officer	Profile
Susan Comparato	Managing Management	Profile
Mabel Wong	Chief Officer	Profile

Still Interested in Brookfield Reinsurance?

Investing in delisted delisted stocks can be risky, as the stock is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.

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