Beazley PLC Correlations

2D7 Stock

EUR 9.10 0.05 0.55%

The current 90-days correlation between Beazley PLC and The Hanover Insurance is 0.13 (i.e., Average diversification). The correlation of Beazley PLC 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.

Beazley PLC Correlation With Market

Modest diversification

The correlation between Beazley PLC and DJI is 0.27 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Beazley PLC and DJI in the same portfolio, assuming nothing else is changed.

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

Moving against Beazley Stock

0.47

DBPD

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Pair Corr

Related Correlations Analysis

	AF4	8SP	39O1	INVN	IUI1	INL	RS6	XYTA
AF4		-0.79	-0.15	0.88	0.93	0.79	0.95	0.38	AF4
8SP	-0.79		0.29	-0.77	-0.87	-0.73	-0.81	-0.42	8SP
39O1	-0.15	0.29		-0.01	-0.22	0.1	-0.07	0.43	39O1
INVN	0.88	-0.77	-0.01		0.89	0.78	0.9	0.44	INVN
IUI1	0.93	-0.87	-0.22	0.89		0.76	0.92	0.38	IUI1
INL	0.79	-0.73	0.1	0.78	0.76		0.83	0.54	INL
RS6	0.95	-0.81	-0.07	0.9	0.92	0.83		0.42	RS6
XYTA	0.38	-0.42	0.43	0.44	0.38	0.54	0.42		XYTA
	AF4	8SP	39O1	INVN	IUI1	INL	RS6	XYTA

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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

RS6	+ 0.95	AF4
IUI1	+ 0.93	AF4
RS6	+ 0.92	IUI1
RS6	+ 0.9	INVN
IUI1	+ 0.89	INVN
INVN	+ 0.88	AF4

High negative correlations

IUI1	- 0.87	8SP
RS6	- 0.81	8SP
8SP	- 0.79	AF4
INVN	- 0.77	8SP
INL	- 0.73	8SP
XYTA	- 0.42	8SP

Risk-Adjusted Indicators

There is a big difference between Beazley Stock performing well and Beazley PLC 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 Beazley PLC'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
AF4	1.17	0.26	0.15	0.64	0.84	(1.68)	2.92	(1.94)	7.20
8SP	2.08	(0.07)	0.00	0.44	0.00	0.00	3.36	(4.74)	20.22
39O1	3.53	0.07	(0.01)	2.06	3.53	(4.94)	8.41	(5.47)	24.06
INVN	2.10	0.09	0.04	0.21	2.41	(2.48)	5.59	(4.25)	14.01
IUI1	1.24	0.13	0.07	0.31	1.10	(1.46)	3.28	(1.96)	10.30
INL	2.44	0.18	0.07	0.31	2.38	(3.09)	6.80	(3.69)	13.89
RS6	1.36	0.30	0.12	1.81	1.34	(1.60)	2.94	(2.17)	13.51
XYTA	14.46	3.61	0.10	1.86	12.44	(63.54)	50.00	(33.33)	233.33

Be your own money manager

Our tools can tell you how much better you can do entering a position in Beazley PLC 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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Beazley PLC Corporate Management

Elected by the shareholders, the Beazley PLC's board of directors comprises two types of representatives: Beazley PLC inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Beazley. The board's role is to monitor Beazley PLC's management team and ensure that shareholders' interests are well served. Beazley PLC'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, Beazley PLC's outside directors are responsible for providing unbiased perspectives on the board's policies.

Pierre Desaulle	Non-Executive Director	Profile
Anthony Reizenstein	Non-Executive Independent Director	Profile
Pippa Vowles	Head People	Profile
Christine LaSala	Senior Non-Executive Independent Director	Profile
Troy Dehmann	Chief Officer	Profile
Andrew Likierman	Non-Executive Independent Director	Profile

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