Affiliated Managers Correlations

Stocks . USA . 
Stock . Affiliated Managers Group,
MGRD Stock  USD 18.15  0.10  0.55%   
The current 90-days correlation between Affiliated Managers and Affiliated Managers Group, is 0.71 (i.e., Poor diversification). The correlation of Affiliated Managers 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.

Affiliated Managers Correlation With Market

Weak diversification

The correlation between Affiliated Managers Group, and DJI is 0.35 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Affiliated Managers Group, and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Affiliated Managers Group,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Moving together with Affiliated Stock

  0.64O Realty IncomePairCorr
  0.63DIST Distoken AcquisitionPairCorr
  0.64AB AllianceBernsteinPairCorr
  0.79BX Blackstone Group Earnings Call This WeekPairCorr
  0.77DX Dynex Capital Earnings Call This WeekPairCorr
  0.82LB LandBridge CompanyPairCorr
  0.68MC MoelisPairCorr
  0.84PX P10 IncPairCorr
  0.85SF Stifel Financial Fiscal Year End 22nd of January 2025 PairCorr
  0.78TW Tradeweb MarketsPairCorr
  0.7WY Weyerhaeuser Fiscal Year End 23rd of January 2025 PairCorr
  0.81ADC-PA Agree RealtyPairCorr
  0.87VNO-PL Vornado Realty TrustPairCorr
  0.8VCTR Victory Capital HoldingsPairCorr
  0.88VNO-PM Vornado Realty TrustPairCorr
  0.87VNO-PN Vornado Realty TrustPairCorr
  0.91VNO-PO Vornado Realty TrustPairCorr
  0.8DPCS DP Cap AcquisitionPairCorr
  0.86RJF-PB Raymond James FinancialPairCorr
  0.87PSEC-PA Prospect Capital Normal TradingPairCorr

Moving against Affiliated Stock

  0.79RC Ready Capital CorpPairCorr
  0.44PW Power REIT Buyout TrendPairCorr
  0.4WT WisdomTreePairCorr
  0.8BRACU Broad Capital AcquisitionPairCorr
  0.63DMYY dMY Squared TechnologyPairCorr
  0.59VINP Vinci Partners InvesPairCorr
  0.54BRACR Broad Capital AcquisitionPairCorr
  0.45TETEU Technology TelecommunicatioPairCorr

Related Correlations Analysis

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Risk-Adjusted Indicators

There is a big difference between Affiliated Stock performing well and Affiliated Managers 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 Affiliated Managers' 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.

Affiliated Managers Corporate Management

Dwight ChurchillIndependent DirectorProfile
Karen YerburghIndependent DirectorProfile
David BillingsGeneral Counsel, SecretaryProfile
Tracy PalandjianIndependent DirectorProfile
David RyanAdditional Independent DirectorProfile
Tracy AtkinsonIndependent DirectorProfile
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