Brookfield Real Correlations

RA Fund

USD 13.35 0.04 0.30%

The current 90-days correlation between Brookfield Real Assets and Cornerstone Strategic Return is 0.34 (i.e., Weak diversification). The correlation of Brookfield Real 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.

Brookfield Real Correlation With Market

Weak diversification

The correlation between Brookfield Real Assets and DJI is 0.37 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Brookfield Real Assets and DJI in the same portfolio, assuming nothing else is changed.

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Brookfield Real Assets. Also, note that the market value of any fund could be closely tied with the direction of predictive economic indicators such as signals in nation.

Moving together with Brookfield Fund

0.79	NHS	Neuberger Berman High	Pair Corr
0.85	MFIRX	Ms Global Fixed	Pair Corr
0.87	RRPPX	American Funds Retirement	Pair Corr
0.84	HYT	Blackrock Corporate High	Pair Corr
0.89	RRQPX	American Funds Retirement	Pair Corr
0.74	ZEMAX	Investec Emerging Markets	Pair Corr
0.78	DLENX	Doubleline Emerging	Pair Corr
0.64	APDKX	Artisan International	Pair Corr
0.65	FCEEX	Franklin Fund Allocator	Pair Corr
0.76	GCMDX	Goldman Sachs Local	Pair Corr
0.84	CWFCX	Carillon Chartwell Short	Pair Corr
0.75	0P0001GXZ7	Oaktree (lux)	Pair Corr
0.91	JAACX	Alternative Asset	Pair Corr
0.84	UASBX	Short Term Bond	Pair Corr
0.86	BSIIX	Blackrock Strategic	Pair Corr
0.76	RQEAX	Resq Dynamic Allocation	Pair Corr
0.82	WARIX	Western Asset Total	Pair Corr
0.75	LEOOX	Lazard Enhanced Oppo	Pair Corr
0.8	TIILX	Tiaa Cref Inflation	Pair Corr
0.87	SIHSX	Guggenheim High Yield	Pair Corr
0.69	ARDC	Ares Dynamic Credit	Pair Corr
0.88	BERIX	Berwyn Income	Pair Corr
0.87	PBBIX	Fundvantage Trust	Pair Corr
0.88	SHYPX	American Beacon Sim	Pair Corr
0.76	RULFX	Rbc Ultra Short	Pair Corr
0.8	DHIYX	Diamond Hill Interna	Pair Corr
0.87	PQDMX	Prudential Qma Intl	Pair Corr
0.85	JGIAX	Jpmorgan Income	Pair Corr
0.73	PZVNX	Pzena International Value	Pair Corr
0.83	TAAQX	Transam Short Term	Pair Corr
0.76	AGDZX	Ab High Income	Pair Corr
0.75	LEOIX	Lazard Enhanced Oppo	Pair Corr
0.92	JAAAX	Alternative Asset	Pair Corr

Moving against Brookfield Fund

0.31

SRPSX

Short Real Estate

Pair Corr

Related Correlations Analysis

	PDI	PTY	CLM	CRF	PDO	GOF	UTG	OPP	OXLC	ECC
PDI		0.95	0.3	-0.02	0.92	0.79	0.57	0.93	0.9	0.21	PDI
PTY	0.95		0.43	0.16	0.89	0.77	0.63	0.89	0.92	0.23	PTY
CLM	0.3	0.43		0.89	0.32	0.2	0.64	0.25	0.48	0.24	CLM
CRF	-0.02	0.16	0.89		0.02	0.11	0.61	-0.07	0.21	0.38	CRF
PDO	0.92	0.89	0.32	0.02		0.7	0.48	0.92	0.79	0.31	PDO
GOF	0.79	0.77	0.2	0.11	0.7		0.68	0.71	0.75	0.38	GOF
UTG	0.57	0.63	0.64	0.61	0.48	0.68		0.45	0.66	0.37	UTG
OPP	0.93	0.89	0.25	-0.07	0.92	0.71	0.45		0.85	0.18	OPP
OXLC	0.9	0.92	0.48	0.21	0.79	0.75	0.66	0.85		0.2	OXLC
ECC	0.21	0.23	0.24	0.38	0.31	0.38	0.37	0.18	0.2		ECC
	PDI	PTY	CLM	CRF	PDO	GOF	UTG	OPP	OXLC	ECC

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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

PTY	+ 0.95	PDI
OPP	+ 0.93	PDI
PDO	+ 0.92	PDI
OXLC	+ 0.92	PTY
OPP	+ 0.92	PDO
OXLC	+ 0.9	PDI

High negative correlations

OPP	- 0.07	CRF
CRF	- 0.02	PDI

Risk-Adjusted Indicators

There is a big difference between Brookfield Fund performing well and Brookfield Real Fund 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 Brookfield Real'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
PDI	0.33	0.11	0.22	0.50	0.29	(0.35)	0.76	(0.70)	1.85
PTY	0.18	0.04	0.18	0.48	0.16	(0.21)	0.42	(0.35)	1.61
CLM	1.09	(0.06)	0.00	(0.10)	0.00	0.00	1.62	(3.40)	11.69
CRF	1.34	(0.12)	0.00	(0.14)	0.00	0.00	2.01	(4.70)	13.52
PDO	0.38	0.08	0.19	(0.79)	0.35	(0.40)	0.82	(0.85)	2.88
GOF	0.47	0.03	0.07	(2.12)	0.70	(0.46)	1.21	(1.18)	2.92
UTG	0.91	(0.03)	0.00	(0.09)	0.00	0.00	1.90	(2.81)	5.72
OPP	0.44	0.10	0.22	0.36	0.38	(0.50)	0.85	(0.74)	2.30
OXLC	0.41	0.04	0.08	0.08	0.46	(0.52)	1.01	(1.01)	2.37
ECC	0.59	0.04	0.09	0.20	0.53	(0.83)	2.03	(0.92)	3.60

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