Brookfield Correlations
| BN-PC Preferred Stock | 13.13 0.02 0.15% |
The current 90-days correlation between Brookfield and Big Rock Brewery is -0.01 (i.e., Good diversification).Brookfield's correlation with commodity prices, currency pairs, or macro factors can surface hidden portfolio risks that are not visible in a simple equity-versus-equity analysis.
Brookfield Market Linkage
Good diversification
Across the chosen horizon, BN-PC and DJI show a correlation of -0.04 and fall into the Good diversification bucket. Used correctly, the chart supports evaluation of whether adding the second position genuinely diversifies the first.
Brookfield |
Co-movement patterns for Brookfield are summarized using correlation data. Correlation values reflect historical return alignment over available periods. Regulatory wash sale provisions can affect how similar instruments are used as replacements. This content is provided for reference and does not imply a recommendation.
Moving together with Brookfield Preferred Stock
| 0.86 | KFR | Kingfisher Metals Corp | PairCorr |
| 0.88 | SLG | San Lorenzo Gold | PairCorr |
| 0.79 | GQC | GoldQuest Mining Corp | PairCorr |
| 0.75 | CAC-P | Cinaport Acquisition Corp Earnings Call This Week | PairCorr |
| 0.71 | SME | Sama Resources | PairCorr |
| 0.82 | SYG | Sylla Gold Corp | PairCorr |
| 0.68 | KG | Klondike Gold Corp | PairCorr |
| 0.78 | EMA-PL | Emera Inc | PairCorr |
| 0.67 | CRR-UN | Crombie Real Estate | PairCorr |
| 0.78 | VET | Vermilion Energy | PairCorr |
| 0.61 | REVX | Rev Exploration Corp | PairCorr |
| 0.83 | MATR | Mattr Corp | PairCorr |
| 0.9 | ESI | Ensign Energy Services | PairCorr |
| 0.73 | SOIL | Saturn Oil Gas | PairCorr |
| 0.79 | AMAT | Applied Materials | PairCorr |
| 0.85 | AMGN | AMGN | PairCorr |
| 0.73 | HSLV | Highlander Silver Corp | PairCorr |
| 0.86 | RFA | RFA Financial Split | PairCorr |
| 0.84 | FEC | Frontera Energy Corp | PairCorr |
Moving against Brookfield Preferred Stock
| 0.9 | MSFT | Microsoft Corp CDR | PairCorr |
| 0.89 | ZMSF | MICROSOFT BMO CDR | PairCorr |
| 0.45 | ZAAP | APPLE BMO CDR | PairCorr |
| 0.36 | NFLX | Netflix Inc CDR | PairCorr |
| 0.33 | GOOG | Alphabet CDR | PairCorr |
| 0.33 | GOOG | Alphabet CDR | PairCorr |
Related Correlations Analysis
| 0.27 | 0.39 | 0.32 | -0.49 | -0.11 | 0.52 | HLF | ||
| 0.27 | 0.84 | 0.61 | 0.23 | 0.72 | 0.47 | NEXG | ||
| 0.39 | 0.84 | 0.59 | -0.05 | 0.72 | 0.58 | PRU | ||
| 0.32 | 0.61 | 0.59 | -0.06 | 0.5 | 0.59 | ASTL | ||
| -0.49 | 0.23 | -0.05 | -0.06 | 0.07 | -0.26 | DRT | ||
| -0.11 | 0.72 | 0.72 | 0.5 | 0.07 | 0.27 | MMY | ||
| 0.52 | 0.47 | 0.58 | 0.59 | -0.26 | 0.27 | BR | ||
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
Strong stock returns do not always mean Brookfield Company is outperforming its peers on a fundamental level. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Brookfield'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| HLF | 0.83 | 0.12 | 0.18 | 0.26 | 0.93 | 1.31 | 6.23 | |||
| NEXG | 3.62 | -0.22 | 0.00 | -0.24 | 0.00 | 6.21 | 20.93 | |||
| PRU | 2.63 | 0.01 | 0.00 | -0.09 | 0.00 | 4.82 | 17.87 | |||
| ASTL | 3.40 | 0.05 | 0.00 | -0.08 | 0.00 | 5.85 | 27.44 | |||
| DRT | 1.96 | -0.08 | 0.00 | -0.23 | 0.00 | 4.76 | 9.79 | |||
| MMY | 3.72 | -0.19 | 0.00 | -0.20 | 0.00 | 5.83 | 26.45 | |||
| BR | 1.28 | -0.18 | 0.00 | -34.08 | 0.00 | 3.70 | 17.53 |
Brookfield Related Equities
The following equities are related to Brookfield and can be used for peer comparison, relative valuation, or portfolio diversification. Comparing Brookfield against peers on metrics such as P/E, margins, and return on equity helps contextualize its positioning and identify relative strengths or weaknesses.
| Risk & Return | Correlation |