Barry Callebaut Correlations
| BYCBF Stock | USD 1,285 56.09 4.18% |
The current 90-days correlation between Barry Callebaut AG and Hershey Co is -0.17 (i.e., Good diversification). The correlation of Barry Callebaut 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.
Barry Callebaut Correlation With Market
Good diversification
The correlation between Barry Callebaut AG and DJI is -0.17 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Barry Callebaut AG and DJI in the same portfolio, assuming nothing else is changed.
Barry |
The ability to find closely correlated positions to Barry Callebaut could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Barry Callebaut 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 Barry Callebaut - 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 Barry Callebaut AG to buy it.
Moving together with Barry Pink Sheet
| 0.7 | CHLSY | Chocoladefabriken Lindt Potential Growth | PairCorr |
| 0.74 | LDSVF | Chocoladefabriken Lindt | PairCorr |
| 0.85 | BRRLY | Barry Callebaut AG | PairCorr |
Moving against Barry Pink Sheet
| 0.94 | GMXTF | GMxico Transportes SAB | PairCorr |
| 0.87 | IONQ | IONQ Inc | PairCorr |
| 0.86 | AI | C3 Ai Inc | PairCorr |
| 0.84 | COUR | Coursera | PairCorr |
| 0.8 | MSB | Mesabi Trust | PairCorr |
| 0.77 | BSX | Boston Scientific Corp Buyout Trend | PairCorr |
| 0.77 | OKTA | Okta Inc | PairCorr |
| 0.74 | TROLB | Tootsie Roll Industries | PairCorr |
| 0.68 | RR | Richtech Robotics Class | PairCorr |
| 0.67 | QNCCF | Quantum eMotion | PairCorr |
| 0.66 | VST | Vistra Energy Corp | PairCorr |
| 0.65 | TR | Tootsie Roll Industries | PairCorr |
| 0.57 | TEVA | Teva Pharma Industries | PairCorr |
| 0.51 | COIN | Coinbase Global | PairCorr |
| 0.46 | TSM | Taiwan Semiconductor Earnings Call This Week | PairCorr |
| 0.43 | GTOR | Ggtoor Inc | PairCorr |
| 0.37 | DRS | Leonardo DRS, Common | PairCorr |
| 0.31 | BAOS | Baosheng Media Group Trending | PairCorr |
| 0.94 | ACHR | Archer Aviation Aggressive Push | PairCorr |
| 0.93 | SLM | SLM Corp Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.88 | KOD | Kodiak Sciences | PairCorr |
| 0.88 | TATT | Tat Techno | PairCorr |
| 0.87 | KODK | Eastman Kodak | PairCorr |
| 0.86 | KINS | Kingstone Companies | PairCorr |
| 0.83 | MOBBW | Mobilicom Limited | PairCorr |
| 0.83 | DAVE | Dave Inc | PairCorr |
| 0.8 | BLX | Foreign Trade Bank | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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
| High negative correlations
|
Risk-Adjusted Indicators
There is a big difference between Barry Pink Sheet performing well and Barry Callebaut 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 Barry Callebaut'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| HSY | 1.31 | (0.23) | 0.00 | (1.50) | 0.00 | 1.68 | 16.29 | |||
| MDLZ | 0.83 | (0.30) | 0.00 | (2.53) | 0.00 | 1.22 | 5.68 | |||
| LDSVF | 0.75 | (0.21) | 0.00 | (0.42) | 0.00 | 1.71 | 6.47 | |||
| BZLFY | 0.84 | (0.19) | 0.00 | (0.77) | 0.00 | 1.64 | 5.56 | |||
| CIADY | 2.82 | (0.28) | 0.00 | 1.86 | 0.00 | 5.98 | 29.07 | |||
| KRYAY | 1.29 | (0.05) | 0.00 | 1.08 | 0.00 | 2.67 | 9.11 | |||
| KRYAF | 0.52 | (0.08) | 0.00 | 0.72 | 0.00 | 0.43 | 17.50 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Barry Callebaut 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?
Run Insider Screener Now
Insider ScreenerFind insiders across different sectors to evaluate their impact on performance |
| All Next | Launch Module |
Barry Callebaut Corporate Management
| Olivier Delaunay | Chief Officer | Profile | |
| Claudia Pedretti | Head of Investor Relations | Profile | |
| Peter Boone | Member of the Executive Committee, Chief Innovation & Quality Officer | Profile | |
| Masha VisMertens | Chief Officer | Profile | |
| Steven Vandamme | Chief Officer | Profile | |
| Simone dEpinay | Head Fin | Profile |