Enstar Group Correlations
| ESGR Stock | USD 332.05 0.00 0.00% |
The correlation of Enstar 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. If the correlation is 0, the equities are not correlated; they are entirely random.
Enstar Group Correlation With Market
Modest diversification
The correlation between Enstar Group Limited and DJI is 0.25 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Enstar Group Limited and DJI in the same portfolio, assuming nothing else is changed.
Enstar |
Moving together with Enstar Stock
| 0.81 | AIG | American International | PairCorr |
| 0.7 | EQH | Axa Equitable Holdings | PairCorr |
| 0.72 | WDH | Waterdrop ADR | PairCorr |
| 0.74 | IGIC | International General | PairCorr |
| 0.85 | HIG-PG | The Hartford Financial | PairCorr |
| 0.67 | ESGRP | Enstar Group | PairCorr |
| 0.67 | FGFPP | Fundamental Global | PairCorr |
| 0.82 | ATH-PA | Athene Holding | PairCorr |
| 0.8 | ATH-PC | Athene Holding | PairCorr |
| 0.73 | V | Visa Class A | PairCorr |
| 0.71 | BK | Bank of New York | PairCorr |
| 0.85 | DB | Deutsche Bank AG | PairCorr |
Moving against Enstar Stock
| 0.88 | FIHL | Fidelis Insurance | PairCorr |
| 0.83 | SLF | Sun Life Financial | PairCorr |
| 0.67 | DHIL | Diamond Hill Investment | PairCorr |
| 0.52 | FGF | Fundamental Global | PairCorr |
| 0.81 | LC | LendingClub Corp Sell-off Trend | PairCorr |
| 0.73 | CM | Canadian Imperial Bank | PairCorr |
| 0.71 | AX | Axos Financial | PairCorr |
| 0.69 | BX | Blackstone Group Normal Trading | PairCorr |
| 0.55 | KB | KB Financial Group | PairCorr |
| 0.55 | RY | Royal Bank | PairCorr |
| 0.52 | MC | Moelis | PairCorr |
| 0.48 | RF | Regions Financial | PairCorr |
| 0.47 | CG | Carlyle Group Normal Trading | PairCorr |
| 0.44 | BY | Byline Bancorp | 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
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Risk-Adjusted Indicators
There is a big difference between Enstar Stock performing well and Enstar 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 Enstar 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| GBLI | 1.32 | (0.01) | 0.04 | (0.04) | 1.62 | 4.00 | 9.40 | |||
| ERIE | 1.49 | 0.01 | 0.00 | (0.05) | 0.00 | 3.22 | 11.24 | |||
| NWLI | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| AMSF | 0.87 | (0.03) | 0.00 | (0.15) | 0.00 | 1.94 | 5.38 | |||
| DHIL | 0.88 | (0.10) | 0.00 | (0.20) | 0.00 | 1.52 | 5.26 |
Enstar Group Corporate Management
| Michael Murphy | Principal Officer | Profile | |
| Girish Ramanathan | Principal Officer | Profile | |
| Peter Kalaev | Group Treasurer | Profile | |
| Audrey Taranto | General Secretary | Profile | |
| Nazar Alobaidat | Chief Officer | Profile |