Everest Correlations
| EG Stock | 332.69 2.72 0.81% |
The current 90-days correlation between Everest Group and BioNTech SE is 0.3 (i.e., Weak diversification). The correlation of Everest 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.
Everest Correlation With Market
Very weak diversification
The correlation between Everest Group and DJI is 0.41 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Everest Group and DJI in the same portfolio, assuming nothing else is changed.
Everest |
Moving together with Everest Stock
| 0.89 | RNR | Renaissancere Holdings | PairCorr |
| 0.79 | GLRE | Greenlight Capital | PairCorr |
| 0.74 | MHLD | Maiden Holdings | PairCorr |
| 0.64 | RNR-PG | RenaissanceRe Holdings | PairCorr |
| 0.7 | RNR-PF | RenaissanceRe Holdings | PairCorr |
| 0.64 | SPNT | Siriuspoint | PairCorr |
| 0.77 | DHIL | Diamond Hill Investment | PairCorr |
| 0.68 | AX | Axos Financial | PairCorr |
| 0.76 | BX | Blackstone Group | PairCorr |
| 0.71 | CB | Chubb | PairCorr |
| 0.72 | KB | KB Financial Group | PairCorr |
| 0.61 | LC | LendingClub Corp Buyout Trend | PairCorr |
Moving against Everest Stock
| 0.74 | OXBRW | Oxbridge Re Holdings | PairCorr |
| 0.73 | V | Visa Class A | PairCorr |
| 0.63 | OXBR | Oxbridge Re Holdings | PairCorr |
| 0.6 | C | Citigroup Aggressive Push | PairCorr |
| 0.49 | AHL-PF | Aspen Insurance Holdings | PairCorr |
| 0.4 | BK | Bank of New York | PairCorr |
| 0.35 | AC | Associated Capital Normal Trading | PairCorr |
| 0.33 | DIST | Distoken Acquisition | PairCorr |
| 0.32 | SPNT-PB | SiriusPoint | PairCorr |
| 0.72 | LX | Lexinfintech Holdings | PairCorr |
| 0.64 | MA | Mastercard Sell-off Trend | PairCorr |
| 0.64 | RM | Regional Management Corp | PairCorr |
| 0.61 | DB | Deutsche Bank AG Normal Trading | PairCorr |
| 0.61 | DMYY | dMY Squared Technology | PairCorr |
| 0.55 | GL | Globe Life | PairCorr |
| 0.41 | GS | Goldman Sachs Group | PairCorr |
| 0.36 | TD | Toronto Dominion Bank | PairCorr |
Related Correlations Analysis
| 0.17 | -0.08 | 0.11 | 0.01 | 0.14 | CNTA | ||
| 0.17 | -0.01 | -0.26 | 0.4 | 0.45 | BNTX | ||
| -0.08 | -0.01 | 0.48 | -0.56 | -0.06 | AMKR | ||
| 0.11 | -0.26 | 0.48 | -0.64 | -0.09 | ATER | ||
| 0.01 | 0.4 | -0.56 | -0.64 | 0.29 | RDCM | ||
| 0.14 | 0.45 | -0.06 | -0.09 | 0.29 | ALNT | ||
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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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Everest Stock performing well and Everest 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 Everest'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CNTA | 3.07 | 0.11 | 0.03 | 2.62 | 3.78 | 6.67 | 15.71 | |||
| BNTX | 2.62 | 0.16 | 0.06 | 0.20 | 2.82 | 5.96 | 14.16 | |||
| AMKR | 1.68 | (0.25) | 0.00 | (0.63) | 0.00 | 3.13 | 15.29 | |||
| ATER | 2.87 | (0.31) | 0.00 | (0.34) | 0.00 | 5.94 | 23.15 | |||
| RDCM | 3.00 | 0.46 | 0.13 | (0.56) | 3.27 | 8.46 | 21.11 | |||
| ALNT | 1.83 | 0.26 | 0.10 | 0.19 | 2.39 | 4.57 | 13.69 |
Everest Corporate Management
| Terrence Walker | VP Officer | Profile | |
| Dawn Lauer | Senior Officer | Profile | |
| Srini Maddineni | Senior Officer | Profile | |
| Michael Karmilowicz | Executive Insurance | Profile | |
| Matthew Rohrmann | Senior Relations | Profile | |
| Brian Bedner | Head Finance | Profile |