Bridge Investment Correlations

BRDG Stock

USD 9.89 0.03 0.30%

The current 90-days correlation between Bridge Investment and Blackrock Muniyield is -0.03 (i.e., Good diversification). The correlation of Bridge Investment 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.

Bridge Investment Correlation With Market

Modest diversification

The correlation between Bridge Investment Group and DJI is 0.26 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Bridge Investment Group and DJI in the same portfolio, assuming nothing else is changed.

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bridge Investment Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

Moving together with Bridge Stock

0.64	MA	Mastercard	Pair Corr
0.7	DYCQ	DT Cloud Acquisition	Pair Corr
0.81	WAVS	Western Acquisition	Pair Corr
0.61	ESHA	ESH Acquisition Corp	Pair Corr
0.84	EVGR	Evergreen Corp	Pair Corr
0.65	DISTR	Distoken Acquisition	Pair Corr
0.72	ANSCW	Agriculture Natural	Pair Corr
0.8	GDSTU	Goldenstone Acquisition	Pair Corr
0.76	WAVSU	Western Acquisition	Pair Corr

Moving against Bridge Stock

0.84	BRACU	Broad Capital Acquisition	Pair Corr
0.77	RC	Ready Capital Corp	Pair Corr
0.56	PFTAU	Portage Fintech Acqu	Pair Corr
0.43	EMCGU	Embrace Change Acqui	Pair Corr
0.33	DMYY	dMY Squared Technology	Pair Corr
0.61	BRKHU	BurTech Acquisition Corp	Pair Corr
0.42	DISTW	Distoken Acquisition	Pair Corr
0.87	ARI	Apollo Commercial Real	Pair Corr
0.66	EFC	Ellington Financial	Pair Corr

Related Correlations Analysis

	FMN	MYD	DHIL	NXG	FHI	BSIG	MHD	JHI	KTF	MFM
FMN		0.66	-0.56	-0.67	-0.82	-0.78	0.87	-0.3	0.06	0.73	FMN
MYD	0.66		0.01	-0.04	-0.23	-0.17	0.89	0.13	0.61	0.84	MYD
DHIL	-0.56	0.01		0.7	0.74	0.83	-0.3	0.29	0.39	-0.14	DHIL
NXG	-0.67	-0.04	0.7		0.89	0.86	-0.3	0.72	0.59	-0.18	NXG
FHI	-0.82	-0.23	0.74	0.89		0.95	-0.51	0.67	0.41	-0.34	FHI
BSIG	-0.78	-0.17	0.83	0.86	0.95		-0.45	0.54	0.45	-0.28	BSIG
MHD	0.87	0.89	-0.3	-0.3	-0.51	-0.45		-0.02	0.4	0.88	MHD
JHI	-0.3	0.13	0.29	0.72	0.67	0.54	-0.02		0.64	-0.01	JHI
KTF	0.06	0.61	0.39	0.59	0.41	0.45	0.4	0.64		0.46	KTF
MFM	0.73	0.84	-0.14	-0.18	-0.34	-0.28	0.88	-0.01	0.46		MFM
	FMN	MYD	DHIL	NXG	FHI	BSIG	MHD	JHI	KTF	MFM

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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

BSIG	+ 0.95	FHI
MHD	+ 0.89	MYD
FHI	+ 0.89	NXG
MFM	+ 0.88	MHD
MHD	+ 0.87	FMN
BSIG	+ 0.86	NXG

High negative correlations

FHI	- 0.82	FMN
BSIG	- 0.78	FMN
NXG	- 0.67	FMN
DHIL	- 0.56	FMN
MHD	- 0.51	FHI
MHD	- 0.45	BSIG

Risk-Adjusted Indicators

There is a big difference between Bridge Stock performing well and Bridge Investment 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 Bridge Investment'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
FMN	0.51	(0.03)	0.00	0.33	0.00	0.00	1.07	(1.49)	5.10
MYD	0.52	0.04	(0.13)	1.27	0.53	(0.60)	1.15	(1.06)	2.65
DHIL	1.23	(0.12)	(0.05)	0.05	1.19	(1.58)	2.22	(2.05)	9.06
NXG	0.84	0.42	0.39	0.86	0.00	(0.98)	2.85	(0.94)	5.18
FHI	0.97	0.25	0.24	0.42	0.62	(1.22)	2.04	(1.37)	5.65
BSIG	1.42	0.20	0.16	0.23	1.30	(1.52)	3.12	(3.01)	9.55
MHD	0.51	0.05	(0.10)	(2.67)	0.73	(0.48)	1.12	(1.14)	3.11
JHI	0.28	0.07	(0.12)	0.68	0.00	(0.33)	0.71	(0.56)	1.92
KTF	0.45	0.08	(0.08)	(2.11)	0.47	(0.53)	1.12	(0.61)	3.40
MFM	0.47	0.07	(0.13)	(0.20)	0.51	(0.57)	1.08	(1.06)	2.71

Bridge Investment Corporate Management

Matthew Grant	General MD	Profile
Pipier Bewlay	Managing Resources	Profile
Garrett Behling	Chief MD	Profile
Katherine Elsnab	Chief Officer	Profile
Charlotte Morse	Managing Marketing	Profile
Katherine CPA	Chief Officer	Profile
Jared Forsgren	MD Officer	Profile

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