BGC Correlations
| BGC Stock | 9.18 0.08 0.88% |
The current 90-days correlation between BGC Group and Mitsui Chemicals ADR is -0.02 (i.e., Good diversification). The correlation of BGC 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.
BGC Correlation With Market
Very weak diversification
The correlation between BGC Group and DJI is 0.42 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding BGC Group and DJI in the same portfolio, assuming nothing else is changed.
Moving together with BGC Stock
| 0.63 | MC | Moelis Earnings Call This Week | PairCorr |
| 0.69 | VIRT | Virtu Financial, | PairCorr |
| 0.66 | KHANDSE | Khandwala Securities | PairCorr |
| 0.66 | CENTRUM | Centrum Capital | PairCorr |
| 0.66 | LAZ | Lazard | PairCorr |
| 0.63 | MRX | Marex Group plc | PairCorr |
Moving against BGC Stock
| 0.8 | VG1 | Vgi Partners Global | PairCorr |
| 0.79 | INDOTHAI | Indo Thai Securities Earnings Call This Week | PairCorr |
| 0.67 | INDBANK | Indbank Merchant Banking Earnings Call This Week | PairCorr |
| 0.65 | GEOJITFSL | Geojit Financial Services | PairCorr |
| 0.49 | MS | Morgan Stanley | PairCorr |
| 0.49 | MFF | MFF Capital Investments | PairCorr |
| 0.46 | GS | Goldman Sachs Group | PairCorr |
| 0.4 | SUMMITSEC | Summit Securities Earnings Call This Week | PairCorr |
| 0.35 | CF | Canaccord Genuity | PairCorr |
| 0.32 | KEYFINSERV | Keynote Financial | PairCorr |
| 0.79 | HIVE | HIVE Digital Technologies | PairCorr |
| 0.55 | DELPHIFX | DELPHI WORLD MONEY | PairCorr |
| 0.44 | PRIMESECU | Prime Securities Earnings Call This Week | PairCorr |
| 0.44 | WTF | Waton Financial | PairCorr |
| 0.44 | 601059 | Cinda Securities | PairCorr |
| 0.37 | SRL | Scully Royalty | PairCorr |
Related Correlations Analysis
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 BGC Stock performing well and BGC 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 BGC'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| MITUY | 0.38 | 0.13 | 0.00 | 0.45 | 0.00 | 1.45 | 6.76 | |||
| IRIG | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| CVWFF | 1.22 | 0.05 | 0.00 | 0.17 | 1.82 | 4.11 | 18.11 | |||
| ICHMF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| CCGY | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| CLSK | 3.51 | 0.64 | 0.16 | 0.41 | 3.83 | 9.35 | 31.49 | |||
| CPK | 0.76 | 0.12 | 0.11 | 0.30 | 0.71 | 1.77 | 4.97 | |||
| TSPCF | 2.75 | 0.01 | 0.01 | 0.05 | 4.12 | 7.43 | 27.45 |
BGC Corporate Management
| Steven Sadoff | Chief Officer | Profile | |
| Jason Angrisani | Senior Officer | Profile | |
| JeanPierre Aubin | CoChief Officer | Profile | |
| Karen LaureanoRikardsen | Chief Officer | Profile | |
| Stephen Merkel | Exec Counsel | Profile | |
| John Battaglia | Senior Markets | Profile |