Anheuser Busch Correlations

ITKA Stock

EUR 63.00 1.00 1.61%

The current 90-days correlation between Anheuser Busch InBev and Tsingtao Brewery is 0.09 (i.e., Significant diversification).Investors use Anheuser Busch's correlation data to evaluate hedging opportunities. A negative correlation with another asset means the two positions can offset each other's risk during periods of market stress.

Correlation Against Market - Anheuser Busch

Very weak diversification

Across the chosen horizon, ITKA and DJI show a correlation of 0.51 and fall into the Very weak diversification bucket. In portfolio terms, the overlap visualization shows how much shared movement remains after both positions are combined.

This correlation view provides context for how Anheuser Busch relates to similar exposures. Some jurisdictions apply wash sale rules to substantially identical replacements; this is provided as general context.

Moving together with Anheuser Stock

0.77	PQ9	BANK MANDIRI	Pair Corr
0.82	BYRA	PT Bank Rakyat	Pair Corr
0.74	CDM1	COEUR MINING	Pair Corr
0.87	WF4	WSFS FINL P	Pair Corr
0.84	SJI	SPAREBANK 1 SMN	Pair Corr
0.87	SUMA	SUMITOMO CORP	Pair Corr
0.86	BMN	BM European Value	Pair Corr
0.87	BREA	BANCO BRANDESCO SPADR	Pair Corr

Moving against Anheuser Stock

0.82	BZG2	PT Bank Central	Pair Corr
0.74	BYRA	BANK RAKYAT IND	Pair Corr
0.44	DBPD	Xtrackers ShortDAX	Pair Corr

Related Correlations Analysis

	7SNU	CVB	VHY	81M	T6W	TSI	NY7
7SNU		-0.26	0.46	-0.25	0.41	-0.06	0.47	7SNU
CVB	-0.26		-0.63	0.75	-0.6	0.33	-0.4	CVB
VHY	0.46	-0.63		-0.56	0.66	-0.7	0.62	VHY
81M	-0.25	0.75	-0.56		-0.7	0.23	-0.47	81M
T6W	0.41	-0.6	0.66	-0.7		-0.35	0.47	T6W
TSI	-0.06	0.33	-0.7	0.23	-0.35		-0.55	TSI
NY7	0.47	-0.4	0.62	-0.47	0.47	-0.55		NY7
	7SNU	CVB	VHY	81M	T6W	TSI	NY7

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

81M	+ 0.75	CVB
T6W	+ 0.66	VHY
NY7	+ 0.62	VHY
NY7	+ 0.47	7SNU
NY7	+ 0.47	T6W
VHY	+ 0.46	7SNU

High negative correlations

T6W	- 0.7	81M
TSI	- 0.7	VHY
VHY	- 0.63	CVB
T6W	- 0.6	CVB
81M	- 0.56	VHY
NY7	- 0.55	TSI

Risk-Adjusted Indicators

There is a big difference between Anheuser Stock performing well and Anheuser Busch 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 Anheuser Busch'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
7SNU	0.94	-0.07	0.00	-0.17	0.00	0.00	2.27	-2.27	9.59
CVB	1.76	-0.14	0.00	-0.36	0.00	0.00	6.25	-5.88	12.92
VHY	2.31	0.37	0.16	0.65	2.19	-2.92	6.37	-3.54	13.05
81M	3.17	0.18	0.04	-1.13	3.88	-3.56	7.59	-7.06	18.18
T6W	2.53	0.06	0.01	0.87	2.99	-4.98	6.90	-6.45	19.09
TSI	0.36	-0.12	0.00	2.46	0.00	0.00	0.51	-1.05	3.48
NY7	1.46	0.01	0.01	-0.02	1.98	-1.48	2.58	-3.23	9.38

Be your own money manager

Optimization tools can help investors judge whether capital allocated to Anheuser Busch InBev SANV is being used efficiently relative to other opportunities in the same equity universe. This is most useful when investors want to improve risk-adjusted return instead of simply owning more ideas at once.

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Anheuser Busch Corporate Management

Governance review matters for Anheuser Busch InBev SANV because boards and executives shape oversight, strategic discipline, and how shareholder interests are represented. This becomes more valuable when investors want to compare oversight quality across firms that may otherwise look financially similar.

Flavio Sodre	Vice Compliance	Profile
Thiago Porto	Chief Officer	Profile
Kevin Feehan	Head Region	Profile
Marcel Marcondes	Chief Officer	Profile
Donna Lorenson	Chief Officer	Profile
Ricardo Tadeu	Chief Officer	Profile
David Almeida	Chief Officer	Profile

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