Julius Baer Correlations
| JBAXY Stock | USD 14.04 0.01 0.07% |
The current 90-days correlation between Julius Baer Group and Deutsche Boerse AG is 0.23 (i.e., Modest diversification). The correlation of Julius Baer 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.
Julius Baer Correlation With Market
Weak diversification
The correlation between Julius Baer Group and DJI is 0.32 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Julius Baer Group and DJI in the same portfolio, assuming nothing else is changed.
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The ability to find closely correlated positions to Julius Baer could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Julius Baer 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 Julius Baer - 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 Julius Baer Group to buy it.
Moving against Julius Pink Sheet
| 0.59 | STI | Solidion Technology | PairCorr |
| 0.46 | APO | Apollo Global Management | PairCorr |
| 0.45 | ARES | Ares Management LP | PairCorr |
| 0.39 | GCPEF | GCL Poly Energy | PairCorr |
| 0.35 | BX | Blackstone Group Normal Trading | PairCorr |
Related Correlations Analysis
| 0.94 | 0.94 | 0.15 | 0.71 | DBOEY | ||
| 0.94 | 0.94 | 0.29 | 0.69 | SVNLY | ||
| 0.94 | 0.94 | 0.32 | 0.7 | KBCSY | ||
| 0.15 | 0.29 | 0.32 | 0.1 | SGSOY | ||
| 0.71 | 0.69 | 0.7 | 0.1 | ASAZY | ||
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Risk-Adjusted Indicators
There is a big difference between Julius Pink Sheet performing well and Julius Baer 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 Julius Baer'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| DBOEY | 0.83 | 0.33 | 0.39 | 1.68 | 0.57 | 2.28 | 6.09 | |||
| SVNLY | 1.12 | 0.38 | 0.36 | 0.65 | 0.78 | 2.67 | 5.66 | |||
| KBCSY | 1.21 | 0.35 | 0.26 | 0.52 | 1.21 | 3.50 | 8.53 | |||
| SGSOY | 1.23 | (0.01) | 0.03 | 0.04 | 1.88 | 2.88 | 11.93 | |||
| ASAZY | 1.19 | (0.06) | 0.00 | 0.07 | 0.00 | 2.69 | 8.27 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Julius Baer 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?
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Julius Baer Corporate Management
| Beatriz Sanchez | Head Board | Profile | |
| Oliver Bartholet | Chief Risk Officer, Member of the Executive Board | Profile | |
| Yves RobertCharrue | Europe, Switzerland | Profile | |
| Philipp Rickenbacher | CEO Board | Profile | |
| Kong Lee | Member Pacific | Profile | |
| Nicolas Skowronski | Member of the Executive Board | Profile | |
| Yves Bonzon | Chief Investment Officer, Member of the Executive Board | Profile |