Brown Brown Correlations

Stocks . Germany . 
Stock . Brown Brown
BTW Stock  EUR 99.00  0.56  0.57%   
The current 90-days correlation between Brown Brown and Willis Towers Watson is 0.55 (i.e., Very weak diversification). The correlation of Brown Brown 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.

Brown Brown Correlation With Market

Weak diversification

The correlation between Brown Brown and DJI is 0.35 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Brown Brown and DJI in the same portfolio, assuming nothing else is changed.
  
The ability to find closely correlated positions to Brown Brown could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Brown Brown 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 Brown Brown - 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 Brown Brown to buy it.

Moving together with Brown Stock

  0.89MSN Marsh McLennan CompaniesPairCorr
  0.964VK Aon PLCPairCorr
  0.92GAH Arthur J GallagherPairCorr
  0.87WTY Willis Towers WatsonPairCorr
  0.88CWK0 CRAWFORD A NVPairCorr
  0.83AVLA Air LeasePairCorr
  0.74ATR0 ATHENE HOLDING PRFSERCPairCorr
  0.77WDP Walt DisneyPairCorr
  0.88WB1 Westamerica BancorporationPairCorr
  0.8M4I MastercardPairCorr
  0.83XPH AmphenolPairCorr
  0.86ZIM Zimmer Biomet HoldingsPairCorr
  0.835AP Palo Alto Networks SplitPairCorr
  0.798L8 Liberty BroadbandPairCorr
  0.61NCL New China LifePairCorr
  0.718XE ENGIE Eps SAPairCorr
  0.8A3B ACCO BrandsPairCorr
  0.933EC Eaton PLCPairCorr
  0.66SCY StratasysPairCorr
  0.82FQI Digital Realty TrustPairCorr
  0.86GTT TEGNA IncPairCorr
  0.78GKD Grand Canyon EducationPairCorr
  0.84PCG6 PG E P6PairCorr
  0.9QBE QBE Insurance GroupPairCorr
  0.72UBK UMWELTBANKPairCorr

Moving against Brown Stock

  0.818M Sabre Insurance GroupPairCorr
  0.57TEY TeradynePairCorr
  0.5703F IDP EDUCATION LTDPairCorr
  0.514Y7 PLATO GOLD PPairCorr
  0.31013C JD IncPairCorr

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   
GAH
+ 0.93
MSN
GAH
+ 0.89
4VK
WTY
+ 0.89
4VK
CWK0
+ 0.88
4VK
4VK
+ 0.84
MSN
WTY
+ 0.84
GAH
  
High negative correlations   
18M
- 0.82
4VK
VVV3
- 0.75
1S6
18M
- 0.71
CWK0
18M
- 0.71
GAH
18M
- 0.71
MSN
18M
- 0.62
WTY

Risk-Adjusted Indicators

There is a big difference between Brown Stock performing well and Brown Brown 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 Brown Brown'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 Brown Brown 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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Brown Brown Corporate Management

Elected by the shareholders, the Brown Brown's board of directors comprises two types of representatives: Brown Brown inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Brown. The board's role is to monitor Brown Brown's management team and ensure that shareholders' interests are well served. Brown Brown'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, Brown Brown's outside directors are responsible for providing unbiased perspectives on the board's policies.
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Chris WalkerEx SegmentProfile
CPCU CPCUPres CEOProfile
CIC CICEx OfficerProfile
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CIC CPCUGen VPProfile
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