CATLIN GROUP Correlations

CGL Stock

94.00 1.00 1.05%

The current 90-days correlation between CATLIN GROUP and Molson Coors Beverage is 0.08 (i.e., Significant diversification). The correlation of CATLIN GROUP 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.

CATLIN GROUP Correlation With Market

Significant diversification

The correlation between CATLIN GROUP and DJI is 0.03 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding CATLIN GROUP and DJI in the same portfolio, assuming nothing else is changed.

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

Moving together with CATLIN Stock

0.91	SYME	SupplyMe Capital PLC	Pair Corr
0.81	GVMH	Grand Vision Media	Pair Corr
0.77	0KDU	Overstock	Pair Corr
0.88	IIG	Intuitive Investments	Pair Corr

Moving against CATLIN Stock

0.89	0LIU	United Airlines Holdings	Pair Corr
0.86	0L9G	State Street Corp	Pair Corr
0.85	PCT	Polar Capital Technology Earnings Call Next Week	Pair Corr
0.79	RKT	Reckitt Benckiser	Pair Corr
0.48	0KZA	SM Energy	Pair Corr

Related Correlations Analysis

	0K2K	FLO	CTL	0K34	0RMV	0A4Y	UU
0K2K		-0.49	-0.59	0.7	0.79	-0.69	0.66	0K2K
FLO	-0.49		0.86	-0.73	-0.62	0.85	-0.32	FLO
CTL	-0.59	0.86		-0.8	-0.65	0.84	-0.4	CTL
0K34	0.7	-0.73	-0.8		0.64	-0.79	0.55	0K34
0RMV	0.79	-0.62	-0.65	0.64		-0.75	0.57	0RMV
0A4Y	-0.69	0.85	0.84	-0.79	-0.75		-0.55	0A4Y
UU	0.66	-0.32	-0.4	0.55	0.57	-0.55		UU
	0K2K	FLO	CTL	0K34	0RMV	0A4Y	UU

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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

CTL	+ 0.86	FLO
0A4Y	+ 0.85	FLO
0A4Y	+ 0.84	CTL
0RMV	+ 0.79	0K2K
0K34	+ 0.7	0K2K
UU	+ 0.66	0K2K

High negative correlations

0K34	- 0.8	CTL
0A4Y	- 0.79	0K34
0A4Y	- 0.75	0RMV
0K34	- 0.73	FLO
0A4Y	- 0.69	0K2K
0RMV	- 0.65	CTL

Risk-Adjusted Indicators

There is a big difference between CATLIN Stock performing well and CATLIN GROUP 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 CATLIN GROUP'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
0K2K	1.20	0.21	0.08	1.32	1.08	(1.38)	2.81	(2.04)	9.53
FLO	1.41	(0.52)	0.00	(1.07)	0.00	0.00	2.78	(3.05)	25.60
CTL	2.95	(0.94)	0.00	(0.79)	0.00	0.00	7.69	(6.49)	29.23
0K34	1.07	0.24	0.07	1.42	1.31	(1.11)	2.73	(1.43)	10.64
0RMV	1.63	0.25	0.09	0.46	1.80	(1.62)	3.37	(3.06)	11.02
0A4Y	2.71	(0.70)	0.00	(0.82)	0.00	0.00	7.69	(8.11)	34.34
UU	0.96	0.18	0.03	(1.52)	0.95	(1.04)	2.62	(1.92)	5.32

Be your own money manager

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

Elected by the shareholders, the CATLIN GROUP's board of directors comprises two types of representatives: CATLIN GROUP inside directors who are chosen from within the company, and outside directors, selected externally and held independent of CATLIN. The board's role is to monitor CATLIN GROUP's management team and ensure that shareholders' interests are well served. CATLIN GROUP'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, CATLIN GROUP's outside directors are responsible for providing unbiased perspectives on the board's policies.

Lorraine Smyth	Chief Staff	Profile
Roderick Manzie	Chief Officer	Profile
Nathan Channon	Chief Officer	Profile
Charlotte OShea	Head Innovation	Profile
Gary Channon	Chief Officer	Profile

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