Bread Financial Correlations
| A1LL34 Stock | BRL 92.65 0.84 0.91% |
The current 90-days correlation between Bread Financial Holdings and CRISPR Therapeutics AG is -0.04 (i.e., Good diversification). The correlation of Bread Financial 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.
Bread Financial Correlation With Market
Average diversification
The correlation between Bread Financial Holdings and DJI is 0.1 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Bread Financial Holdings and DJI in the same portfolio, assuming nothing else is changed.
Bread |
The ability to find closely correlated positions to Bread Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bread Financial 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 Bread Financial - 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 Bread Financial Holdings to buy it.
Moving together with Bread Stock
| 0.94 | VISA34 | Visa Inc | PairCorr |
| 0.92 | MSCD34 | Mastercard Incorporated | PairCorr |
| 0.92 | AXPB34 | American Express | PairCorr |
| 0.91 | PYPL34 | PayPal Holdings | PairCorr |
| 0.88 | CAON34 | Capital One Financial | PairCorr |
| 0.9 | S1YF34 | Synchrony Financial | PairCorr |
| 0.76 | PETR4 | Petrleo Brasileiro | PairCorr |
| 0.84 | H2TA34 | Healthcare Realty Trust | PairCorr |
| 0.86 | P1YC34 | Paycom Software | PairCorr |
| 0.89 | Z1OM34 | Zoom Video Communications | PairCorr |
| 0.86 | A1AP34 | Advance Auto Parts | PairCorr |
| 0.93 | SSFO34 | salesforce inc | PairCorr |
| 0.9 | MRFG3 | Marfrig Global Foods | PairCorr |
| 0.86 | SUZB3 | Suzano SA | PairCorr |
| 0.86 | EQIX34 | Equinix | PairCorr |
| 0.66 | R1KU34 | Roku Inc | PairCorr |
| 0.61 | A1IV34 | Apartment Investment and | PairCorr |
| 0.64 | T1MU34 | T Mobile | PairCorr |
| 0.88 | U1AL34 | United Airlines Holdings | PairCorr |
| 0.63 | NVDC34 | NVIDIA | PairCorr |
| 0.7 | JBSS3F | JBS ON NM | PairCorr |
| 0.95 | AMZO34 | Amazon Inc | PairCorr |
| 0.7 | TSMC34 | Taiwan Semiconductor | PairCorr |
| 0.67 | PETR3 | Petrleo Brasileiro | PairCorr |
| 0.64 | A1SN34 | Ascendis Pharma AS | PairCorr |
Moving against Bread Stock
| 0.91 | RBED11 | Aesapar Fundo de | PairCorr |
| 0.84 | HGBS11 | HEDGE Brasil Shopping | PairCorr |
| 0.79 | FIGS11 | Fundo de Investimento | PairCorr |
| 0.77 | MBRF11 | Fundo De Investimento | PairCorr |
| 0.7 | PPLA11 | PPLA Participations | PairCorr |
| 0.61 | SPTW11 | Sp Downtown Fundo | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Bread Stock performing well and Bread Financial 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 Bread Financial'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| C2RS34 | 1.62 | 0.03 | 0.00 | (0.08) | 2.74 | 6.38 | 18.20 | |||
| VERZ34 | 1.15 | (0.02) | (0.02) | (0.01) | 1.72 | 2.40 | 7.23 | |||
| FMSC34 | 0.75 | 0.32 | 0.00 | 6.45 | 0.00 | 0.00 | 25.07 | |||
| FIQE3 | 1.52 | (0.17) | 0.00 | (0.84) | 0.00 | 3.55 | 11.16 | |||
| A2RE34 | 1.33 | 0.42 | 0.25 | 1.31 | 1.08 | 3.04 | 8.90 | |||
| CLOV34 | 2.59 | 0.25 | 0.06 | 0.33 | 3.68 | 4.82 | 22.19 | |||
| LBRD34 | 1.70 | 0.06 | 0.02 | 0.07 | 2.51 | 3.24 | 21.71 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Bread Financial 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.Did you try this?
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Bread Financial Corporate Management
Elected by the shareholders, the Bread Financial's board of directors comprises two types of representatives: Bread Financial inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Bread. The board's role is to monitor Bread Financial's management team and ensure that shareholders' interests are well served. Bread Financial'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, Bread Financial's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Perry Beberman | Ex CFO | Profile | |
| Joseph III | Chief VP | Profile | |
| Greg Betchkal | Chief Officer | Profile | |
| Brian Vereb | Head Relations | Profile | |
| Jonathan Campbell | VP Officer | Profile | |
| Matt Brown | VP CTO | Profile | |
| Brandy Sullivan | Chief VP | Profile |