Oxbridge Correlations

OXBRW Stock

USD 0.31 0.11 26.19%

The current 90-days correlation between Oxbridge Re Holdings and Oxbridge Re Holdings is -0.22 (i.e., Very good diversification). The correlation of Oxbridge 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.

Oxbridge Correlation With Market

Significant diversification

The correlation between Oxbridge Re Holdings and DJI is 0.09 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Oxbridge Re Holdings and DJI in the same portfolio, assuming nothing else is changed.

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oxbridge Re Holdings. 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 Oxbridge Stock

0.73	SPNT-PB	SiriusPoint	Pair Corr
0.87	OXBR	Oxbridge Re Holdings	Pair Corr
0.67	C	Citigroup Fiscal Year End 10th of January 2025	Pair Corr
0.67	V	Visa Class A	Pair Corr
0.63	DIST	Distoken Acquisition	Pair Corr
0.64	CM	Canadian Imperial Bank	Pair Corr
0.69	LC	LendingClub Corp	Pair Corr
0.87	LX	Lexinfintech Holdings	Pair Corr

Moving against Oxbridge Stock

0.79	MHLD	Maiden Holdings	Pair Corr
0.74	RNR-PG	RenaissanceRe Holdings	Pair Corr
0.73	AHL-PC	Aspen Insurance Holdings	Pair Corr
0.56	AHL-PE	Aspen Insurance Holdings	Pair Corr
0.52	RNR-PF	RenaissanceRe Holdings	Pair Corr
0.5	EG	Everest Group	Pair Corr
0.54	CB	Chubb	Pair Corr
0.54	KB	KB Financial Group	Pair Corr
0.33	LU	Lufax Holding	Pair Corr

Related Correlations Analysis

	SSREY	HVRRY	SCRYY	SPNT-PB	MHLD	SPNT	RGA	OXBR	GLRE	RNR
SSREY		-0.17	0.84	0.75	-0.53	0.88	0.23	0.8	0.66	0.05	SSREY
HVRRY	-0.17		-0.33	-0.55	0.29	-0.27	-0.26	-0.33	-0.43	0.43	HVRRY
SCRYY	0.84	-0.33		0.78	-0.54	0.8	0.26	0.74	0.63	0.06	SCRYY
SPNT-PB	0.75	-0.55	0.78		-0.63	0.72	0.13	0.8	0.67	0.02	SPNT-PB
MHLD	-0.53	0.29	-0.54	-0.63		-0.38	0.44	-0.81	-0.07	0.34	MHLD
SPNT	0.88	-0.27	0.8	0.72	-0.38		0.46	0.67	0.81	0.2	SPNT
RGA	0.23	-0.26	0.26	0.13	0.44	0.46		-0.19	0.63	0.37	RGA
OXBR	0.8	-0.33	0.74	0.8	-0.81	0.67	-0.19		0.41	-0.15	OXBR
GLRE	0.66	-0.43	0.63	0.67	-0.07	0.81	0.63	0.41		0.26	GLRE
RNR	0.05	0.43	0.06	0.02	0.34	0.2	0.37	-0.15	0.26		RNR
	SSREY	HVRRY	SCRYY	SPNT-PB	MHLD	SPNT	RGA	OXBR	GLRE	RNR

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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

SPNT	+ 0.88	SSREY
SCRYY	+ 0.84	SSREY
GLRE	+ 0.81	SPNT
OXBR	+ 0.8	SSREY
SPNT	+ 0.8	SCRYY
OXBR	+ 0.8	SPNT-PB

High negative correlations

OXBR	- 0.81	MHLD
MHLD	- 0.63	SPNT-PB
SPNT-PB	- 0.55	HVRRY
MHLD	- 0.54	SCRYY
MHLD	- 0.53	SSREY
GLRE	- 0.43	HVRRY

Risk-Adjusted Indicators

There is a big difference between Oxbridge Stock performing well and Oxbridge 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 Oxbridge'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
SSREY	1.14	0.08	0.05	0.20	1.20	(1.36)	2.90	(1.83)	9.96
HVRRY	1.05	(0.16)	0.00	(0.26)	0.00	0.00	2.03	(2.55)	6.64
SCRYY	2.04	0.36	0.16	0.49	1.77	(3.21)	5.81	(3.52)	15.56
SPNT-PB	0.25	0.03	(0.02)	(0.77)	0.16	(0.31)	0.52	(0.39)	2.00
MHLD	3.44	(0.32)	0.00	(0.07)	0.00	0.00	8.02	(6.29)	24.22
SPNT	1.43	(0.06)	(0.02)	0.00	1.92	(1.48)	2.68	(3.01)	14.52
RGA	1.09	(0.11)	0.00	(0.04)	0.00	0.00	1.86	(2.36)	10.70
OXBR	3.43	0.79	0.20	(1.15)	3.02	(4.40)	7.35	(5.90)	33.55
GLRE	1.02	(0.06)	0.00	(0.01)	0.00	0.00	1.90	(2.52)	12.12
RNR	1.40	(0.12)	0.00	(0.05)	0.00	0.00	2.86	(2.81)	11.38

Oxbridge Corporate Executives

Elected by the shareholders, the Oxbridge's board of directors comprises two types of representatives: Oxbridge inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Oxbridge. The board's role is to monitor Oxbridge's management team and ensure that shareholders' interests are well served. Oxbridge's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Oxbridge's outside directors are responsible for providing unbiased perspectives on the board's policies.

Wrendon Timothy

Secretary CFO

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