Becle SA Correlations

BCCLF Stock

USD 1.55 0.07 4.32%

The current 90-days correlation between Becle SA de and Aristocrat Group Corp is -0.01 (i.e., Good diversification). The correlation of Becle SA 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.

Becle SA Correlation With Market

Average diversification

The correlation between Becle SA de and DJI is 0.19 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Becle SA de and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to Becle SA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Becle SA 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 Becle SA - 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 Becle SA de to buy it.

Moving against Becle Pink Sheet

0.64	TTEK	Tetra Tech Fiscal Year End 20th of November 2024	Pair Corr
0.59	VFC	VF Corporation	Pair Corr
0.54	EOLS	Evolus Inc	Pair Corr
0.51	ADOOY	Adaro Energy Tbk	Pair Corr
0.5	TBVPF	Thai Beverage Public	Pair Corr
0.48	GIB	CGI Inc Fiscal Year End 13th of November 2024	Pair Corr
0.44	BF-B	Brown Forman	Pair Corr
0.39	BRK-A	Berkshire Hathaway	Pair Corr
0.48	SPGI	SP Global	Pair Corr
0.46	BLAGF	Blue Lagoon Resources	Pair Corr
0.42	BLK	BlackRock Earnings Call This Week	Pair Corr
0.42	TATT	Tat Techno	Pair Corr
0.4	BRK-B	Berkshire Hathaway	Pair Corr
0.37	AGNC	AGNC Investment Corp Fiscal Year End 27th of January 2025	Pair Corr
0.37	SGBLY	Standard Bank Group	Pair Corr
0.33	NRG	NRG Energy	Pair Corr

Related Correlations Analysis

	ASCC	ICNB	NWINF	WVVIP	ADWPF	VINE	TNYBF	MJWNY	PDRDF	CWGL
ASCC		0.0	-0.53	0.09	0.65	-0.19	0.17	-0.48	0.24	0.09	ASCC
ICNB	0.0		0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	ICNB
NWINF	-0.53	0.0		-0.17	-0.68	0.31	-0.1	0.52	-0.2	-0.27	NWINF
WVVIP	0.09	0.0	-0.17		0.37	-0.46	-0.1	-0.18	-0.09	-0.2	WVVIP
ADWPF	0.65	0.0	-0.68	0.37		-0.39	0.18	-0.55	0.13	0.11	ADWPF
VINE	-0.19	0.0	0.31	-0.46	-0.39		-0.04	-0.2	0.5	0.55	VINE
TNYBF	0.17	0.0	-0.1	-0.1	0.18	-0.04		0.13	-0.19	-0.02	TNYBF
MJWNY	-0.48	0.0	0.52	-0.18	-0.55	-0.2	0.13		-0.49	-0.55	MJWNY
PDRDF	0.24	0.0	-0.2	-0.09	0.13	0.5	-0.19	-0.49		0.46	PDRDF
CWGL	0.09	0.0	-0.27	-0.2	0.11	0.55	-0.02	-0.55	0.46		CWGL
	ASCC	ICNB	NWINF	WVVIP	ADWPF	VINE	TNYBF	MJWNY	PDRDF	CWGL

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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

ADWPF	+ 0.65	ASCC
CWGL	+ 0.55	VINE
MJWNY	+ 0.52	NWINF
PDRDF	+ 0.5	VINE
CWGL	+ 0.46	PDRDF
ADWPF	+ 0.37	WVVIP

High negative correlations

ADWPF	- 0.68	NWINF
CWGL	- 0.55	MJWNY
MJWNY	- 0.55	ADWPF
NWINF	- 0.53	ASCC
PDRDF	- 0.49	MJWNY
MJWNY	- 0.48	ASCC

Risk-Adjusted Indicators

There is a big difference between Becle Pink Sheet performing well and Becle SA 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 Becle SA'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
ASCC	33.57	16.21	0.00	(1.55)	0.00	0.00	0.00	0.00	1,093
ICNB	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NWINF	4.44	0.05	0.00	0.16	5.38	(7.83)	12.31	(10.45)	30.51
WVVIP	1.70	0.02	(0.01)	0.12	1.94	(2.41)	3.20	(3.37)	24.18
ADWPF	0.80	0.11	0.01	(7.58)	1.14	(2.32)	2.93	(2.15)	9.70
VINE	6.00	0.49	0.07	0.36	6.88	(8.58)	14.06	(8.22)	48.15
TNYBF	6.01	0.00	0.00	0.09	7.43	(10.03)	20.83	(13.79)	50.16
MJWNY	0.98	(0.15)	0.00	0.76	0.00	0.00	0.00	(5.59)	25.89
PDRDF	1.61	0.08	0.00	0.48	2.04	(2.00)	4.65	(3.77)	14.45
CWGL	1.32	0.12	0.03	0.35	1.70	(1.73)	2.74	(2.97)	19.59

Be your own money manager

Our tools can tell you how much better you can do entering a position in Becle SA 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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Becle SA Corporate Management

Mariana Granados	Co Officer	Profile
Mauricio Ferreira	Global Chain	Profile
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