Barclays PLC Correlations

Stocks . USA . 
Stock . Barclays PLC ADR
BCS Stock  USD 6.75  0.04  0.60%   
The correlation of Barclays PLC is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Barclays PLC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Barclays PLC ADR moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Check out Trending Equities. For more information on how to buy Barclays Stock please use our How to Invest in Barclays PLC guide.
  
The ability to find closely correlated positions to Barclays PLC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Barclays PLC when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Barclays PLC - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Barclays PLC ADR to buy it.

Moving together with Barclays PLC

+0.92BACBank Of America Buyout TrendPairCorr
+0.83BNSBank of Nova Scotia Fiscal Quarter End 30th of April 2023 PairCorr
+0.85CCitigroup Aggressive PushPairCorr
+0.72CMCanadian Imperial Bank Sell-off TrendPairCorr
+0.83EWBCEast West Bancorp Fiscal Quarter End 31st of March 2023 PairCorr
+0.88INGING Group NV Fiscal Quarter End 31st of March 2023 PairCorr
+0.86JPMJPMorgan Chase Aggressive PushPairCorr
+0.87MUFGMitsubishi UFJ Financial Fiscal Quarter End 31st of March 2023 PairCorr
+0.85NWGNatwest Group PLC Fiscal Quarter End 31st of March 2023 PairCorr
+0.83RYRoyal Bank Fiscal Quarter End 30th of April 2023 PairCorr
+0.75SMFGSumitomo Mitsui Financial Fiscal Quarter End 31st of March 2023 PairCorr
+0.91TDToronto Dominion Bank Fiscal Quarter End 30th of April 2023 PairCorr
+0.87WFCWells Fargo Fiscal Quarter End 31st of March 2023 PairCorr

Related Correlations

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Correlation Matchups

The Correlation Coefficient is a useful tool to identify correlated or non-correlated securities, which is essential in developing a diversified portfolio. It tells us the relationship between two positions you have in your portfolio or considering acquiring. Over a given time period, the two securities movetogether 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   
LNDT
+ 1.0
FSLUF
FTAI
+ 0.88
ALTG
R
+ 0.87
ALTG
R
+ 0.86
BNL
LLESF
+ 0.84
BNL
R
+ 0.77
LLESF
  
High negative correlations   
FTAI
- 0.16
LLESY
R
- 0.0
LNDT
FTAI
- 0.0
LNDT
LNDT
- 0.0
ALTG
LNDT
- 0.0
LLESF
LNDT
- 0.0
LLESY

Risk-Adjusted Indicators

Nowadays, there is a big difference between Barclays Stock performing well and Barclays PLC company doing well compared to the competition. There are way too many exceptions to the normal that investors can tell for sure what's good or bad unless they analyze Barclays PLC's multiple risk-adjusted performance indicators. 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		Information
Ratio		Expected
Shortfall		Potential
Upside		Value
At Risk		Maximum
Drawdown
BNL 1.20  0.08  0.05  0.05  1.58  0.0494 (1.39)  2.66 (2.61)  10.38 
FSLUF 0.00  0.00  0.00  0.00  0.00  0.00  0.00  0.00  0.00  0.00 
LLESY 2.43 (0.01)  0.00 (0.04)  0.00 (0.0046)  0.00  5.46 (4.27)  14.38 
LLESF 0.84 (0.01)  0.00 (0.07)  0.00  0.0015  0.00  3.13 (1.55)  23.36 
ALTG 1.67  0.38  0.09  0.24  3.37  0.13 (1.55)  3.45 (2.97)  18.72 
LNDT 0.00  0.00  0.00  0.00  0.00  0.00  0.00  0.00  0.00  0.00 
FTAI 1.88  0.60  0.25  0.38  1.96  0.23 (2.08)  5.95 (3.95)  11.26 
R 1.29  0.05  0.03  0.02  1.75  0.0277 (1.28)  2.40 (2.81)  8.14 

Be your own money manager

Our tools can tell you how much better you can do entering a position in Barclays PLC without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Barclays PLC Corporate Directors

Barclays PLC corporate directors refer to members of a Barclays PLC board of directors. The board of directors generally takes responsibility for the Barclays PLC's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Barclays PLC's board members must vote for the resolution. The Barclays PLC board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Dawn FitzpatrickNon-Executive Independent DirectorProfile
Mary CitrinoNon-Executive Independent DirectorProfile
Diane VictorNon-Executive DirectorProfile
Timothy BreedonNon-Executive Independent DirectorProfile

Already Invested in Barclays PLC ADR?

The danger of trading Barclays PLC ADR is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Barclays PLC is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Barclays PLC. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Barclays PLC ADR is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities. For more information on how to buy Barclays Stock please use our How to Invest in Barclays PLC guide. Note that the Barclays PLC ADR information on this page should be used as a complementary analysis to other Barclays PLC's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Bond Directory module to find actively traded corporate debentures issued by US companies.

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When running Barclays PLC ADR price analysis, check to measure Barclays PLC's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Barclays PLC is operating at the current time. Most of Barclays PLC's value examination focuses on studying past and present price action to predict the probability of Barclays PLC's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Barclays PLC's price. Additionally, you may evaluate how the addition of Barclays PLC to your portfolios can decrease your overall portfolio volatility.
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Is Barclays PLC's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Barclays PLC. If investors know Barclays will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Barclays PLC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.125
Dividend Share
0.072
Earnings Share
1.45
Revenue Per Share
5.812
Quarterly Revenue Growth
0.022
The market value of Barclays PLC ADR is measured differently than its book value, which is the value of Barclays that is recorded on the company's balance sheet. Investors also form their own opinion of Barclays PLC's value that differs from its market value or its book value, called intrinsic value, which is Barclays PLC's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Barclays PLC's market value can be influenced by many factors that don't directly affect Barclays PLC's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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Please note, there is a significant difference between Barclays PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine Barclays PLC value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Barclays PLC's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
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