Broadleaf Correlations

BRDLF Stock

USD 5.08 0.01 0.20%

The current 90-days correlation between Broadleaf and Waldencast Acquisition Corp is 0.11 (i.e., Average diversification). The correlation of Broadleaf 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.

Broadleaf Correlation With Market

Good diversification

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

The ability to find closely correlated positions to Broadleaf could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Broadleaf 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 Broadleaf - 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 Broadleaf Co to buy it.

Moving together with Broadleaf Pink Sheet

0.92

COHG

Cheetah Oil Gas

Pair Corr

Moving against Broadleaf Pink Sheet

0.64	DD	Dupont De Nemours Fiscal Year End 4th of February 2025	Pair Corr
0.52	CAT	Caterpillar Fiscal Year End 3rd of February 2025	Pair Corr
0.47	HPQ	HP Inc	Pair Corr
0.46	VZ	Verizon Communications Fiscal Year End 28th of January 2025	Pair Corr
0.44	JNJ	Johnson Johnson Sell-off Trend	Pair Corr
0.42	HD	Home Depot	Pair Corr
0.34	KO	Coca Cola Fiscal Year End 11th of February 2025	Pair Corr

Related Correlations Analysis

	NXPLW	LQAVF	WRCDF	WALD	CXAIW	ALKT	AMSWA	ADEA	MNTV	PYCR
NXPLW		0.7	0.02	-0.45	0.05	-0.6	-0.77	-0.71	-0.53	-0.75	NXPLW
LQAVF	0.7		-0.05	-0.04	0.06	-0.49	-0.7	-0.48	-0.37	-0.8	LQAVF
WRCDF	0.02	-0.05		0.04	-0.6	0.08	0.06	0.3	-0.1	-0.02	WRCDF
WALD	-0.45	-0.04	0.04		-0.04	0.23	0.11	0.49	0.06	0.13	WALD
CXAIW	0.05	0.06	-0.6	-0.04		-0.15	-0.11	-0.33	-0.19	-0.06	CXAIW
ALKT	-0.6	-0.49	0.08	0.23	-0.15		0.64	0.41	0.57	0.53	ALKT
AMSWA	-0.77	-0.7	0.06	0.11	-0.11	0.64		0.7	0.58	0.85	AMSWA
ADEA	-0.71	-0.48	0.3	0.49	-0.33	0.41	0.7		0.36	0.73	ADEA
MNTV	-0.53	-0.37	-0.1	0.06	-0.19	0.57	0.58	0.36		0.47	MNTV
PYCR	-0.75	-0.8	-0.02	0.13	-0.06	0.53	0.85	0.73	0.47		PYCR
	NXPLW	LQAVF	WRCDF	WALD	CXAIW	ALKT	AMSWA	ADEA	MNTV	PYCR

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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

PYCR	+ 0.85	AMSWA
PYCR	+ 0.73	ADEA
LQAVF	+ 0.7	NXPLW
ADEA	+ 0.7	AMSWA
AMSWA	+ 0.64	ALKT
MNTV	+ 0.58	AMSWA

High negative correlations

PYCR	- 0.8	LQAVF
AMSWA	- 0.77	NXPLW
PYCR	- 0.75	NXPLW
ADEA	- 0.71	NXPLW
AMSWA	- 0.7	LQAVF
CXAIW	- 0.6	WRCDF

Risk-Adjusted Indicators

There is a big difference between Broadleaf Pink Sheet performing well and Broadleaf 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 Broadleaf'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
NXPLW	9.88	0.99	0.04	(1.31)	13.22	(19.10)	27.91	(18.18)	111.43
LQAVF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
WRCDF	582.00	296.14	0.00	6.14	0.00	0.00	0.00	0.00	9,999
WALD	2.99	(0.14)	0.00	(0.29)	0.00	0.00	6.17	(7.00)	19.80
CXAIW	3.89	(0.18)	0.00	0.15	0.00	0.00	10.53	(9.52)	29.43
ALKT	2.05	0.13	0.04	0.24	2.78	(2.09)	4.96	(5.27)	12.66
AMSWA	1.44	0.29	0.18	8.16	1.18	(1.67)	3.79	(2.53)	10.40
ADEA	2.01	0.27	0.06	(4.07)	3.83	(2.06)	4.95	(3.11)	28.06
MNTV	0.90	0.49	2.55	0.90	0.00	(1.77)	0.43	(0.21)	20.63
PYCR	1.80	0.74	0.37	1.77	1.25	(2.13)	3.37	(2.96)	26.32

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

Makoto Nakatsuka	Pres Corp	Profile
Naruyuki Suzuki	Ex Officer	Profile
Kenji Oyama	CEO Pres	Profile
Toshiyuki Hasegawa	Executive Officer	Profile
Tsuyoshi Yano	Executive Officer	Profile
Sadahiro Takeda	Ex Officer	Profile

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