Bayport International Correlations

BAYP Stock

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The current 90-days correlation between Bayport International and American Realty Investors is -0.11 (i.e., Good diversification). The correlation of Bayport International 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.

Bayport International Correlation With Market

Good diversification

The correlation between Bayport International Holdings and DJI is -0.04 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Bayport International Holdings and DJI in the same portfolio, assuming nothing else is changed.

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

Moving together with Bayport Pink Sheet

0.73	SUHJY	Sun Hung Kai	Pair Corr
0.65	CRBJY	China Resources Land	Pair Corr
0.87	CRBJF	China Resources Land	Pair Corr
0.66	CHVKF	China Vanke	Pair Corr
0.78	CAOVY	China Overseas Land	Pair Corr
0.88	CAOVF	China Overseas Land	Pair Corr
0.72	PPERF	Bank Mandiri Persero	Pair Corr
0.77	PPERY	Bank Mandiri Persero	Pair Corr
0.65	BKRKF	PT Bank Rakyat	Pair Corr
0.79	BKRKY	Bank Rakyat	Pair Corr
0.7	PBCRY	Bank Central Asia Earnings Call This Week	Pair Corr
0.71	PBCRF	PT Bank Central Earnings Call This Week	Pair Corr
0.75	PTBRY	Bank Negara Indonesia Earnings Call This Week	Pair Corr
0.68	KB	KB Financial Group	Pair Corr
0.81	SHG	Shinhan Financial	Pair Corr
0.65	WF	Woori Financial Group	Pair Corr

Moving against Bayport Pink Sheet

0.94	KODK	Eastman Kodak	Pair Corr
0.92	WMT	Walmart	Pair Corr
0.91	ACHR	Archer Aviation	Pair Corr
0.89	FSK	FS KKR Capital	Pair Corr
0.83	TSLA	Tesla Inc Aggressive Push	Pair Corr
0.8	RNMBF	Rheinmetall AG	Pair Corr
0.7	RUM	Rumble Inc Buyout Trend	Pair Corr
0.6	VST	Vistra Energy Corp	Pair Corr
0.58	VLRS	Volaris	Pair Corr
0.57	MITQ	Moving iMage Technologies	Pair Corr
0.52	MOGO	Mogo Inc	Pair Corr
0.51	GILD	Gilead Sciences	Pair Corr
0.45	BKYI	BIO Key International	Pair Corr
0.34	MO	Altria Group	Pair Corr
0.92	WSM	Williams Sonoma	Pair Corr
0.85	ZVIA	Zevia Pbc	Pair Corr
0.84	PLTR	Palantir Technologies Aggressive Push	Pair Corr
0.84	BRID	Bridgford Foods Earnings Call This Week	Pair Corr

Related Correlations Analysis

	HNGKY	WARFY	HIHI	SUHJY	SNLAY	CTRYY	CTRYF	ILAL	SUHJF	DWAHY
HNGKY		0.35	-0.39	-0.21	-0.1	0.18	0.0	-0.42	-0.31	0.28	HNGKY
WARFY	0.35		-0.06	0.44	0.34	-0.47	-0.08	-0.43	0.26	-0.05	WARFY
HIHI	-0.39	-0.06		0.4	0.37	-0.28	0.08	-0.14	0.47	-0.17	HIHI
SUHJY	-0.21	0.44	0.4		0.56	-0.64	-0.18	-0.44	0.79	-0.04	SUHJY
SNLAY	-0.1	0.34	0.37	0.56		-0.31	-0.19	-0.17	0.43	0.11	SNLAY
CTRYY	0.18	-0.47	-0.28	-0.64	-0.31		0.14	0.16	-0.5	0.62	CTRYY
CTRYF	0.0	-0.08	0.08	-0.18	-0.19	0.14		-0.2	-0.13	-0.08	CTRYF
ILAL	-0.42	-0.43	-0.14	-0.44	-0.17	0.16	-0.2		-0.3	-0.2	ILAL
SUHJF	-0.31	0.26	0.47	0.79	0.43	-0.5	-0.13	-0.3		-0.17	SUHJF
DWAHY	0.28	-0.05	-0.17	-0.04	0.11	0.62	-0.08	-0.2	-0.17		DWAHY
	HNGKY	WARFY	HIHI	SUHJY	SNLAY	CTRYY	CTRYF	ILAL	SUHJF	DWAHY

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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

SUHJF	+ 0.79	SUHJY
DWAHY	+ 0.62	CTRYY
SNLAY	+ 0.56	SUHJY
SUHJF	+ 0.47	HIHI
SUHJY	+ 0.44	WARFY
SUHJF	+ 0.43	SNLAY

High negative correlations

CTRYY	- 0.64	SUHJY
SUHJF	- 0.5	CTRYY
CTRYY	- 0.47	WARFY
ILAL	- 0.44	SUHJY
ILAL	- 0.43	WARFY
ILAL	- 0.42	HNGKY

Risk-Adjusted Indicators

There is a big difference between Bayport Pink Sheet performing well and Bayport International 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 Bayport International'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
HNGKY	2.45	0.18	0.05	0.84	2.89	(2.64)	5.90	(4.33)	18.72
WARFY	3.00	0.05	0.01	0.10	3.42	(3.60)	6.29	(5.76)	16.89
HIHI	9.72	1.30	0.07	(1.00)	10.84	(25.95)	30.77	(23.53)	100.56
SUHJY	1.03	(0.28)	0.00	(0.59)	0.00	0.00	1.73	(2.14)	7.24
SNLAY	1.68	(0.15)	0.00	0.81	0.00	0.00	4.71	(4.50)	12.48
CTRYY	7.01	2.08	0.22	2.11	6.32	(10.43)	27.73	(11.37)	86.87
CTRYF	2.56	0.75	0.00	(0.59)	0.00	0.00	0.00	0.00	117.04
ILAL	6.17	1.26	0.13	(0.85)	6.01	(11.30)	17.14	(12.00)	49.51
SUHJF	2.06	(0.07)	0.00	0.28	0.00	0.00	7.58	(6.26)	19.34
DWAHY	0.82	(0.05)	0.00	(0.15)	0.00	0.00	1.45	(1.91)	6.20

Be your own money manager

Our tools can tell you how much better you can do entering a position in Bayport International 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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