Banco BTG Correlations
| BPAC3 Stock | BRL 15.42 0.62 3.87% |
The current 90-days correlation between Banco BTG Pactual and Banco BTG Pactual is 0.33 (i.e., Weak diversification). The correlation of Banco BTG 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.
Banco BTG Correlation With Market
Significant diversification
The correlation between Banco BTG Pactual and DJI is 0.07 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Banco BTG Pactual and DJI in the same portfolio, assuming nothing else is changed.
Banco |
The ability to find closely correlated positions to Banco BTG could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Banco BTG 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 Banco BTG - 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 Banco BTG Pactual to buy it.
Moving together with Banco Stock
Moving against Banco Stock
| 0.66 | TSMC34 | Taiwan Semiconductor | PairCorr |
| 0.47 | BLAK34 | BlackRock | PairCorr |
| 0.47 | BONY34 | The Bank | PairCorr |
| 0.42 | BRAP4 | Bradespar SA | PairCorr |
| 0.42 | AAPL34 | Apple Inc | PairCorr |
| 0.4 | A1MP34 | Ameriprise Financial | PairCorr |
| 0.31 | BRAP3 | Bradespar SA | PairCorr |
Related Correlations Analysis
| 0.96 | 0.48 | 0.7 | 0.68 | BPAC5 | ||
| 0.96 | 0.46 | 0.64 | 0.62 | BPAC11 | ||
| 0.48 | 0.46 | 0.89 | 0.9 | BPAN4 | ||
| 0.7 | 0.64 | 0.89 | 0.99 | SANB4 | ||
| 0.68 | 0.62 | 0.9 | 0.99 | SANB3 | ||
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between Banco Stock performing well and Banco BTG 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 Banco BTG'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BPAC5 | 1.41 | (0.22) | 0.00 | (1.02) | 0.00 | 2.75 | 8.78 | |||
| BPAC11 | 1.14 | (0.22) | 0.00 | (0.55) | 0.00 | 2.47 | 7.20 | |||
| BPAN4 | 1.58 | (0.52) | 0.00 | (3.12) | 0.00 | 2.71 | 10.98 | |||
| SANB4 | 0.97 | (0.31) | 0.00 | (0.66) | 0.00 | 1.70 | 7.05 | |||
| SANB3 | 0.87 | (0.31) | 0.00 | (0.84) | 0.00 | 0.95 | 5.08 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Banco BTG 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?
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Piotroski F ScoreGet Piotroski F Score based on the binary analysis strategy of nine different fundamentals |
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Banco BTG Corporate Management
Elected by the shareholders, the Banco BTG's board of directors comprises two types of representatives: Banco BTG inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Banco. The board's role is to monitor Banco BTG's management team and ensure that shareholders' interests are well served. Banco BTG'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, Banco BTG's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Andr Dias | Exec Officer | Profile | |
| Guilherme Paes | Member of the Executive Board | Profile | |
| Iuri Rapoport | Executive Officer | Profile | |
| Oswaldo Filho | Exec Officers | Profile | |
| JosMiguel Vilela | Member Director | Profile |