Brookdale Senior Correlations
| BKDT Stock | 79.69 6.46 8.82% |
The current 90-days correlation between Brookdale Senior Living and Enhabit is 0.23 (i.e., Modest diversification). The correlation of Brookdale Senior 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.
Brookdale Senior Correlation With Market
Modest diversification
The correlation between Brookdale Senior Living and DJI is 0.24 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Brookdale Senior Living and DJI in the same portfolio, assuming nothing else is changed.
Brookdale |
Moving together with Brookdale Stock
Moving against Brookdale Stock
| 0.57 | EMBC | Embecta Corp | PairCorr |
| 0.33 | GH | Guardant Health Buyout Trend | PairCorr |
| 0.62 | ANGO | AngioDynamics | PairCorr |
| 0.59 | AKYA | Akoya Biosciences Earnings Call This Week | PairCorr |
| 0.54 | A | Agilent Technologies | PairCorr |
| 0.45 | ACHC | Acadia Healthcare | PairCorr |
| 0.44 | VERV | Verve Therapeutics | PairCorr |
| 0.43 | WST | West Pharmaceutical | PairCorr |
| 0.37 | ADUS | Addus HomeCare | PairCorr |
| 0.32 | ALHC | Alignment Healthcare LLC | PairCorr |
Related Correlations Analysis
| -0.34 | -0.21 | 0.0 | 0.19 | EHAB | ||
| -0.34 | -0.15 | 0.0 | -0.22 | GRNT | ||
| -0.21 | -0.15 | 0.0 | -0.11 | ACRV | ||
| 0.0 | 0.0 | 0.0 | 0.0 | BDXB | ||
| 0.19 | -0.22 | -0.11 | 0.0 | BNOX | ||
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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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Brookdale Stock performing well and Brookdale Senior 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 Brookdale Senior'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| EHAB | 1.70 | 0.22 | 0.09 | 0.19 | 2.00 | 3.81 | 17.94 | |||
| GRNT | 1.54 | (0.09) | 0.00 | (0.25) | 0.00 | 3.14 | 14.83 | |||
| ACRV | 4.21 | (0.11) | 0.00 | (0.07) | 0.00 | 10.17 | 30.57 | |||
| BDXB | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| BNOX | 7.66 | 1.54 | 0.18 | (0.45) | 7.50 | 16.04 | 150.97 |
Brookdale Senior Corporate Management
| Chad White | General VP | Profile | |
| Richard Wigginton | Chief Officer | Profile | |
| Todd Kaestner | Executive CCRCs | Profile | |
| Jessica Hazel | Vice Relations | Profile | |
| George Hicks | Executive Treasurer | Profile |