Brookfield Corp Correlations

BN Stock   57.61  0.30  0.52%   
The current 90-days correlation between Brookfield Corp and KKR Co LP is 0.64 (i.e., Poor 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 0.72 (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

  0.62DHIL Diamond Hill InvestmentPairCorr
  0.82DIST Distoken AcquisitionPairCorr
  0.79AB AllianceBernsteinPairCorr
  0.88AC Associated CapitalPairCorr
  0.93BX Blackstone Group Fiscal Year End 23rd of January 2025 PairCorr
  0.9CG Carlyle GroupPairCorr
  0.75GS Goldman Sachs Group Fiscal Year End 21st of January 2025 PairCorr
  0.81MC MoelisPairCorr
  0.87MS Morgan Stanley Fiscal Year End 21st of January 2025 PairCorr
  0.94PX P10 IncPairCorr
  0.93SF Stifel Financial Fiscal Year End 22nd of January 2025 PairCorr
  0.83TW Tradeweb MarketsPairCorr
  0.76WT WisdomTreePairCorr
  0.93VCTR Victory Capital HoldingsPairCorr
  0.65DUET DUET Acquisition CorpPairCorr
  0.76VIRT Virtu Financial Normal TradingPairCorr
  0.81DYCQ DT Cloud AcquisitionPairCorr
  0.77VRTS Virtus InvestmentPairCorr
  0.85NOVVU Nova Vision AcquisitionPairCorr

Moving against Brookfield Stock

  0.76RC Ready Capital CorpPairCorr
  0.7XP Xp Inc Sell-off TrendPairCorr
  0.51DMYY dMY Squared TechnologyPairCorr
  0.87BRACU Broad Capital AcquisitionPairCorr
  0.69BRKHU BurTech Acquisition CorpPairCorr
  0.64EMCGU Embrace Change AcquiPairCorr
  0.31PFTAU Portage Fintech AcquPairCorr

Related Correlations Analysis

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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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
KKR  1.30  0.14  0.21  0.21  0.98 
 2.94 
 11.31 
BX  1.28  0.27  0.25  0.33  0.82 
 3.21 
 8.48 
TROW  1.09 (0.01) 0.04  0.14  1.18 
 2.18 
 7.96 
APO  1.53  0.41  0.44  0.34  0.72 
 4.58 
 12.00 
CG  1.61  0.09  0.15  0.19  1.41 
 4.09 
 13.11 
BAM  1.09  0.40  0.37  0.57  0.39 
 3.63 
 6.27 
ARES  1.26  0.07  0.08  0.20  1.26 
 2.98 
 7.35 
BLK  0.82  0.17  0.15  0.35  0.55 
 2.03 
 5.29 
OWL  1.61  0.15  0.15  0.22  1.62 
 3.66 
 12.59 
BEN  1.47 (0.15)(0.05) 0.01  2.77 
 2.77 
 14.41 

Brookfield Corp Corporate Management

James FlattCEO PartnerProfile
Samuel PollockChief InfrastructureProfile
Dominic DoddsManaging TechnologyProfile
Craig LaurieManaging SolutionsProfile
Justin BeberCAO ManagementProfile
Eduardo SalgadoManaging InfrastructureProfile