Burberry Group Correlations

BURBY Stock

USD 11.89 0.10 0.85%

The current 90-days correlation between Burberry Group Plc and Prada Spa PK is 0.32 (i.e., Weak diversification). The correlation of Burberry Group 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. If the correlation is 0, the equities are not correlated; they are entirely random.

Burberry Group Correlation With Market

Good diversification

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

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

Moving together with Burberry Pink Sheet

0.9	WMT	Walmart	Pair Corr
0.84	AMZN	Amazon Inc	Pair Corr
0.87	ET	Energy Transfer LP	Pair Corr
0.83	PYPL	PayPal Holdings	Pair Corr
0.79	BBAI	BigBearai Holdings Aggressive Push	Pair Corr
0.91	IONQ	IONQ Inc Trending	Pair Corr
0.79	LUNR	Intuitive Machines Aggressive Push	Pair Corr
0.61	55607PAE5	MQGAU 5376057 23	Pair Corr
0.91	OPRA	Opera	Pair Corr
0.83	AVTE	Aerovate Therapeutics	Pair Corr
0.63	FUND	Sprott Focus Trust	Pair Corr
0.92	NFLX	Netflix Fiscal Year End 28th of January 2025	Pair Corr
0.85	DORM	Dorman Products	Pair Corr
0.92	PLTR	Palantir Technologies Aggressive Push	Pair Corr
0.86	FDP	Fresh Del Monte	Pair Corr
0.62	APLD	Applied Blockchain	Pair Corr
0.86	GLBE	Global E Online	Pair Corr
0.89	MSTR	MicroStrategy Incorporated Buyout Trend	Pair Corr
0.92	SOFI	SoFi Technologies	Pair Corr

Moving against Burberry Pink Sheet

0.85	DPSTF	Deutsche Post AG	Pair Corr
0.83	VLKAF	Volkswagen AG	Pair Corr
0.83	VWAGY	Volkswagen AG 110	Pair Corr
0.83	VWAPY	Volkswagen AG Pref	Pair Corr
0.79	VLKPF	Volkswagen AG VZO	Pair Corr
0.58	CHDRF	Christian Dior SE	Pair Corr
0.48	PPRUF	Kering SA	Pair Corr
0.46	LVMHF	LVMH Mot Hennessy	Pair Corr
0.45	SWGAY	Swatch Group AG	Pair Corr
0.42	PPRUY	Kering SA	Pair Corr
0.4	CHDRY	Christian Dior SE	Pair Corr
0.54	WETH	Wetouch Technology Common	Pair Corr
0.49	IQ	iQIYI Inc	Pair Corr

Related Correlations Analysis

	CFRUY	HESAY	PRDSY	SWGAY	PPRUY	CFRHF	SFRGY	PRDSF	BCUCY	CPRI
CFRUY		0.84	0.49	0.68	0.8	0.79	0.79	0.32	0.81	0.4	CFRUY
HESAY	0.84		0.49	0.38	0.67	0.71	0.73	0.18	0.86	0.27	HESAY
PRDSY	0.49	0.49		0.01	0.15	0.41	0.14	0.7	0.56	-0.46	PRDSY
SWGAY	0.68	0.38	0.01		0.69	0.47	0.64	0.07	0.3	0.46	SWGAY
PPRUY	0.8	0.67	0.15	0.69		0.47	0.85	-0.11	0.59	0.6	PPRUY
CFRHF	0.79	0.71	0.41	0.47	0.47		0.58	0.5	0.74	0.26	CFRHF
SFRGY	0.79	0.73	0.14	0.64	0.85	0.58		-0.01	0.67	0.66	SFRGY
PRDSF	0.32	0.18	0.7	0.07	-0.11	0.5	-0.01		0.34	-0.4	PRDSF
BCUCY	0.81	0.86	0.56	0.3	0.59	0.74	0.67	0.34		0.26	BCUCY
CPRI	0.4	0.27	-0.46	0.46	0.6	0.26	0.66	-0.4	0.26		CPRI
	CFRUY	HESAY	PRDSY	SWGAY	PPRUY	CFRHF	SFRGY	PRDSF	BCUCY	CPRI

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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

BCUCY	+ 0.86	HESAY
SFRGY	+ 0.85	PPRUY
HESAY	+ 0.84	CFRUY
BCUCY	+ 0.81	CFRUY
PPRUY	+ 0.8	CFRUY
CFRHF	+ 0.79	CFRUY

High negative correlations

CPRI	- 0.46	PRDSY
CPRI	- 0.4	PRDSF
PRDSF	- 0.11	PPRUY
PRDSF	- 0.01	SFRGY

Risk-Adjusted Indicators

There is a big difference between Burberry Pink Sheet performing well and Burberry Group 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 Burberry Group'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
CFRUY	1.39	0.14	0.05	(0.25)	1.95	(1.48)	3.15	(2.45)	15.62
HESAY	1.43	0.17	0.09	0.45	1.56	(1.57)	4.38	(3.24)	15.20
PRDSY	1.85	0.43	0.20	(1.89)	1.64	(2.34)	4.80	(3.42)	10.46
SWGAY	1.77	0.02	(0.01)	(0.01)	2.39	(1.96)	2.86	(3.57)	20.97
PPRUY	2.23	(0.04)	0.00	0.11	0.00	0.00	5.34	(4.18)	19.03
CFRHF	1.80	0.14	0.04	(2.05)	2.07	(2.44)	5.49	(4.59)	14.31
SFRGY	3.19	0.12	0.02	0.31	4.22	(3.15)	7.81	(6.54)	20.90
PRDSF	1.89	0.28	0.05	(1.66)	2.04	(5.95)	8.49	(4.95)	24.37
BCUCY	1.71	0.24	0.11	0.28	1.88	(2.08)	4.15	(2.76)	14.10
CPRI	2.56	(0.69)	0.00	(0.33)	0.00	0.00	5.18	(4.64)	56.42

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Our tools can tell you how much better you can do entering a position in Burberry Group 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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Burberry Group Corporate Management

Rod Manley	Chief Officer	Profile
Edward Rash	G Counsel	Profile
Jonathan Akeroyd	CEO Director	Profile
Julian Easthope	VP Relations	Profile
Mark McClennon	Chief Officer	Profile

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