Affiliated Managers Correlations

Stocks . USA . 
Stock . Affiliated Managers Group,
MGRD Stock  USD 15.39  0.39  2.47%   
The current 90-days correlation between Affiliated Managers and Affiliated Managers Group, is 0.79 (i.e., Poor diversification). The correlation of Affiliated Managers 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.

Affiliated Managers Correlation With Market

Modest diversification

The correlation between Affiliated Managers Group, and DJI is 0.22 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Affiliated Managers Group, and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Affiliated Managers Group,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Moving together with Affiliated Stock

  0.9O Realty IncomePairCorr
  0.88FR First Industrial RealtyPairCorr
  0.92WY Weyerhaeuser Fiscal Year End 23rd of January 2025 PairCorr
  0.87XP Xp IncPairCorr
  0.63AHT-PH Ashford Hospitality TrustPairCorr
  0.75AHT-PI Ashford Hospitality TrustPairCorr
  0.64AHT-PF Ashford Hospitality TrustPairCorr
  0.81AHT-PG Ashford Hospitality TrustPairCorr
  0.88ADC-PA Agree RealtyPairCorr
  0.81VNO-PL Vornado Realty TrustPairCorr
  0.7VNO-PM Vornado Realty TrustPairCorr
  0.83VNO-PO Vornado Realty TrustPairCorr

Moving against Affiliated Stock

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  0.69DX Dynex CapitalPairCorr
  0.6PX P10 Inc Downward RallyPairCorr
  0.54GS Goldman Sachs Group Earnings Call This WeekPairCorr
  0.48MS Morgan Stanley Earnings Call This WeekPairCorr
  0.46MC MoelisPairCorr
  0.46VACH Voyager Acquisition CorpPairCorr
  0.41BX Blackstone Group Downward RallyPairCorr
  0.4LB LandBridge CompanyPairCorr
  0.36CG Carlyle GroupPairCorr
  0.91DTSQ DT Cloud StarPairCorr
  0.89RJF-PB Raymond James FinancialPairCorr
  0.81DSAQ Direct Selling AcquiPairCorr
  0.77DUET DUET Acquisition CorpPairCorr
  0.73DYCQ DT Cloud AcquisitionPairCorr
  0.67YHNAU YHN Acquisition IPairCorr
  0.63VIRT Virtu Financial Fiscal Year End 23rd of January 2025 PairCorr
  0.6GCMGW GCM GrosvenorPairCorr
  0.59DPCS DP Cap AcquisitionPairCorr
  0.58VALU Value LinePairCorr
  0.57DMYY dMY Squared TechnologyPairCorr

Related Correlations Analysis

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Risk-Adjusted Indicators

There is a big difference between Affiliated Stock performing well and Affiliated Managers 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 Affiliated Managers' 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.

Affiliated Managers Corporate Management

Dwight ChurchillIndependent DirectorProfile
Karen YerburghIndependent DirectorProfile
David BillingsGeneral Counsel, SecretaryProfile
Tracy PalandjianIndependent DirectorProfile
David RyanAdditional Independent DirectorProfile
Tracy AtkinsonIndependent DirectorProfile
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