Brookfield Corp Correlations

BN Stock

57.49 0.43 0.75%

The current 90-days correlation between Brookfield Corp and Aquagold International is -0.13 (i.e., Good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Brookfield Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Brookfield Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Brookfield Corp Correlation With Market

Poor diversification

The correlation between Brookfield Corp and DJI is 0.69 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Brookfield Corp and DJI in the same portfolio, assuming nothing else is changed.

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brookfield Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

To learn how to invest in Brookfield Stock, please use our How to Invest in Brookfield Corp guide.

Moving together with Brookfield Stock

0.88	V	Visa Class A	Pair Corr
0.67	DHIL	Diamond Hill Investment	Pair Corr
0.88	DIST	Distoken Acquisition	Pair Corr
0.9	BX	Blackstone Group Fiscal Year End 23rd of January 2025	Pair Corr
0.82	CG	Carlyle Group	Pair Corr
0.76	DX	Dynex Capital	Pair Corr
0.94	GS	Goldman Sachs Group Fiscal Year End 21st of January 2025	Pair Corr
0.84	LC	LendingClub Corp	Pair Corr
0.69	LX	Lexinfintech Holdings	Pair Corr
0.89	MA	Mastercard	Pair Corr
0.87	MC	Moelis	Pair Corr
0.86	MS	Morgan Stanley Fiscal Year End 21st of January 2025	Pair Corr
0.91	PX	P10 Inc	Pair Corr
0.83	QD	Qudian Inc	Pair Corr
0.87	SF	Stifel Financial Fiscal Year End 22nd of January 2025	Pair Corr
0.88	WT	WisdomTree	Pair Corr
0.92	VCTR	Victory Capital Holdings Normal Trading	Pair Corr
0.77	GCMGW	GCM Grosvenor	Pair Corr
0.62	VINP	Vinci Partners Inves	Pair Corr
0.91	VIRT	Virtu Financial Fiscal Year End 23rd of January 2025	Pair Corr
0.72	DYCQ	DT Cloud Acquisition	Pair Corr
0.94	VRTS	Virtus Investment	Pair Corr

Moving against Brookfield Stock

0.69	XP	Xp Inc Sell-off Trend	Pair Corr
0.61	WU	Western Union	Pair Corr
0.58	LU	Lufax Holding	Pair Corr
0.41	PWUPU	PowerUp Acquisition Corp	Pair Corr
0.33	PT	Pintec Technology	Pair Corr
0.75	EMCGU	Embrace Change Acqui	Pair Corr
0.55	BRACU	Broad Capital Acquisition	Pair Corr
0.53	PWUPW	PowerUp Acquisition Corp	Pair Corr

Related Correlations Analysis

	AQUI	MSTSX	LBHIX	VIASP	RRTLX	OSHDF	70082LAB3	SITKF	RWAYL	SEGI
AQUI		0.79	0.37	-0.39	0.63	-0.55	-0.11	0.19	0.06	0.09	AQUI
MSTSX	0.79		0.59	-0.56	0.88	-0.74	-0.23	0.37	0.07	-0.06	MSTSX
LBHIX	0.37	0.59		0.04	0.76	-0.2	0.22	-0.25	0.54	0.17	LBHIX
VIASP	-0.39	-0.56	0.04		-0.3	0.85	0.69	-0.55	0.69	0.43	VIASP
RRTLX	0.63	0.88	0.76	-0.3		-0.57	-0.04	0.14	0.31	0.06	RRTLX
OSHDF	-0.55	-0.74	-0.2	0.85	-0.57		0.45	-0.49	0.38	0.12	OSHDF
70082LAB3	-0.11	-0.23	0.22	0.69	-0.04	0.45		-0.28	0.73	0.85	70082LAB3
SITKF	0.19	0.37	-0.25	-0.55	0.14	-0.49	-0.28		-0.36	-0.1	SITKF
RWAYL	0.06	0.07	0.54	0.69	0.31	0.38	0.73	-0.36		0.6	RWAYL
SEGI	0.09	-0.06	0.17	0.43	0.06	0.12	0.85	-0.1	0.6		SEGI
	AQUI	MSTSX	LBHIX	VIASP	RRTLX	OSHDF	70082LAB3	SITKF	RWAYL	SEGI

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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

RRTLX	+ 0.88	MSTSX
OSHDF	+ 0.85	VIASP
SEGI	+ 0.85	70082LAB3
MSTSX	+ 0.79	AQUI
RRTLX	+ 0.76	LBHIX
RWAYL	+ 0.73	70082LAB3

High negative correlations

OSHDF	- 0.74	MSTSX
OSHDF	- 0.57	RRTLX
VIASP	- 0.56	MSTSX
SITKF	- 0.55	VIASP
OSHDF	- 0.55	AQUI
SITKF	- 0.49	OSHDF

Risk-Adjusted Indicators

There is a big difference between Brookfield Stock performing well and Brookfield Corp 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 Brookfield Corp'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
AQUI	2.79	(1.42)	0.00	5.71	0.00	0.00	0.00	0.00	93.33
MSTSX	0.55	(0.14)	0.00	(0.22)	0.00	0.00	1.03	(1.02)	7.08
LBHIX	0.11	(0.02)	0.00	(0.35)	0.00	0.00	0.24	(0.24)	0.94
VIASP	0.75	0.14	0.08	(0.89)	1.03	(0.85)	2.00	(1.20)	5.14
RRTLX	0.28	(0.08)	0.00	(0.33)	0.00	0.00	0.40	(0.56)	3.47
OSHDF	46.68	24.56	0.00	(1.67)	0.00	0.00	0.00	0.00	1,329
70082LAB3	0.67	0.10	0.07	0.91	0.81	(0.84)	1.78	(0.78)	6.86
SITKF	5.15	0.40	0.06	1.09	4.92	(8.51)	14.29	(9.09)	30.02
RWAYL	0.15	(0.01)	(0.14)	(0.07)	0.22	(0.18)	0.36	(0.28)	1.49
SEGI	10.72	1.88	0.12	(3.71)	11.30	(15.47)	28.57	(20.00)	70.63

Brookfield Corp Corporate Management

James Flatt	CEO Partner	Profile
Samuel Pollock	Chief Infrastructure	Profile
Dominic Dodds	Managing Technology	Profile
Craig Laurie	Managing Solutions	Profile
Justin Beber	CAO Management	Profile
Eduardo Salgado	Managing Infrastructure	Profile

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