Brunswick Correlations

BWI Stock

EUR 73.72 1.98 2.62%

The current 90-days correlation between Brunswick and PT Bank Negara is 0.03 (i.e., Significant diversification). The correlation of Brunswick 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.

Brunswick Correlation With Market

Almost no diversification

The correlation between Brunswick and DJI is 0.92 (i.e., Almost no diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Brunswick and DJI in the same portfolio, assuming nothing else is changed.

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

Moving together with Brunswick Stock

0.73	MIZ	Mizuno	Pair Corr
0.73	92I	ROMERIKE SPAREBANK	Pair Corr
0.66	HCMA	HITACHI CONSTRMACHADR/2	Pair Corr
0.67	BFP	BBVA Banco Frances	Pair Corr
0.72	YHA	Yamaha	Pair Corr
0.89	BSI	BE Semiconductor Ind	Pair Corr
0.9	ALV	Allianz SE Earnings Call This Week	Pair Corr
0.71	RH7	RYMAN HEALTHCAR	Pair Corr
0.87	ASME	ASML Holding NV	Pair Corr
0.76	LOR	LOral SA	Pair Corr
0.82	CWT	Curtiss Wright	Pair Corr
0.77	ADB	Adobe Inc	Pair Corr
0.73	ZNHH	China Southern Airlines	Pair Corr
0.92	FPP0	ALTYNGOLD PLC LS	Pair Corr
0.88	HBC1	HSBC Holdings plc Earnings Call This Week	Pair Corr
0.87	G40	GDS Holdings Limited	Pair Corr
0.63	OSB	OLD SECOND BANCORP	Pair Corr
0.64	CPA	Colgate Palmolive	Pair Corr
0.92	43C	CACTUS INC CLA Earnings Call This Week	Pair Corr
0.84	DG1	DAWSON GEOPHYSICAL	Pair Corr
0.8	TQI	TELECOM ITALIA	Pair Corr
0.8	1SZ0	Santacruz Silver Mining Split	Pair Corr
0.69	KSB3	KSB SE	Pair Corr
0.61	FV6	EMMI N Earnings Call This Week	Pair Corr
0.85	TGE1	MOBILEZONE N	Pair Corr

Moving against Brunswick Stock

0.91	5F3	JINS HOLDINGS INC	Pair Corr
0.89	SON1	Sony Group Corp	Pair Corr
0.35	KMY	Kimberly Clark	Pair Corr
0.93	DBPD	Xtrackers ShortDAX	Pair Corr
0.41	8LU	TAURUS ENERGY AB	Pair Corr

Related Correlations Analysis

	PQ9	PQ9	PQ9	PQ9	BKE1	BKE1	SSUN	SSUN	SSU
PQ9		0.53	0.35	0.65	0.13	0.47	0.58	0.56	0.56	PQ9
PQ9	0.53		0.45	0.46	-0.14	0.19	0.37	0.35	0.31	PQ9
PQ9	0.35	0.45		0.35	0.03	0.25	0.2	0.15	0.17	PQ9
PQ9	0.65	0.46	0.35		0.26	0.66	0.81	0.79	0.78	PQ9
BKE1	0.13	-0.14	0.03	0.26		0.34	0.2	0.24	0.23	BKE1
BKE1	0.47	0.19	0.25	0.66	0.34		0.81	0.82	0.83	BKE1
SSUN	0.58	0.37	0.2	0.81	0.2	0.81		0.98	0.98	SSUN
SSUN	0.56	0.35	0.15	0.79	0.24	0.82	0.98		0.99	SSUN
SSU	0.56	0.31	0.17	0.78	0.23	0.83	0.98	0.99		SSU
	PQ9	PQ9	PQ9	PQ9	BKE1	BKE1	SSUN	SSUN	SSU

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

SSU	+ 0.99	SSUN
SSUN	+ 0.98	SSUN
SSU	+ 0.98	SSUN
SSU	+ 0.83	BKE1
SSUN	+ 0.82	BKE1
SSUN	+ 0.81	PQ9

High negative correlations

BKE1

- 0.14

PQ9

Risk-Adjusted Indicators

There is a big difference between Brunswick Stock performing well and Brunswick 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 Brunswick'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
PQ9	0.55	0.05	0.00	0.19	0.00	0.00	4.55	0.00	9.11
PQ9	0.87	0.08	0.00	0.50	0.00	0.00	4.00	0.00	24.58
PQ9	4.85	0.27	0.04	0.16	5.73	(9.30)	17.39	(14.29)	40.26
PQ9	2.64	0.34	0.05	1.79	2.87	(6.16)	5.00	(4.76)	26.79
BKE1	2.51	0.17	0.01	(0.15)	3.41	(8.43)	5.00	(4.76)	37.50
BKE1	1.14	0.25	0.00	(3.32)	0.00	0.00	0.00	0.00	29.17
SSUN	2.52	0.89	0.28	(0.97)	2.20	(2.98)	6.10	(4.11)	13.83
SSUN	2.60	0.73	0.25	0.87	2.27	(3.01)	6.04	(4.93)	14.94
SSU	2.94	0.95	0.34	3.97	2.24	(3.79)	7.66	(4.89)	15.03

Be your own money manager

Our tools can tell you how much better you can do entering a position in Brunswick 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?

Run Top Crypto Exchanges Now

Top Crypto Exchanges

Search and analyze digital assets across top global cryptocurrency exchanges

All Next

Launch Module

Brunswick Corporate Management

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

Christopher JD	General VP	Profile
Brent Dahl	Chief Group	Profile
Jill Wrobel	Executive Officer	Profile
Lee Gordon	Public Communications	Profile
Samir Shah	Senior Officer	Profile

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2026 Macroaxis LLC