BW LPG Correlations
| BWLLFDelisted Stock | USD 18.41 0.25 1.34% |
The current 90-days correlation between BW LPG Limited and Hutchison Port Holdings is -0.16 (i.e., Good diversification). The correlation of BW LPG 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.
BW LPG Correlation With Market
Good diversification
The correlation between BW LPG Limited and DJI is -0.09 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding BW LPG Limited and DJI in the same portfolio, assuming nothing else is changed.
BWLLF |
The ability to find closely correlated positions to BW LPG could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BW LPG 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 BW LPG - 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 BW LPG Limited to buy it.
Moving together with BWLLF Pink Sheet
| 0.72 | CICOF | COSCO SHIPPING Holdings | PairCorr |
| 0.68 | CICOY | COSCO SHIPPING Holdings | PairCorr |
| 0.79 | OXLC | Oxford Lane Capital | PairCorr |
| 0.69 | TOST | Toast Inc | PairCorr |
| 0.82 | CRM | Salesforce Earnings Call This Week | PairCorr |
| 0.78 | IBKR | Interactive Brokers Fiscal Year End 21st of January 2025 | PairCorr |
| 0.7 | ZIM | ZIM Integrated Shipping Sell-off Trend | PairCorr |
| 0.84 | SFM | Sprouts Farmers Market | PairCorr |
| 0.81 | LYV | Live Nation Entertainment | PairCorr |
| 0.64 | V | Visa Class A | PairCorr |
| 0.8 | FTAIM | FTAI Aviation | PairCorr |
| 0.73 | GOOD | Gladstone Commercial | PairCorr |
| 0.77 | ELMD | Electromed | PairCorr |
| 0.79 | LPCN | Lipocine | PairCorr |
| 0.72 | IONQ | IONQ Inc Upward Rally | PairCorr |
| 0.82 | VRT | Vertiv Holdings | PairCorr |
| 0.87 | BLK | BlackRock Fiscal Year End 10th of January 2025 | PairCorr |
| 0.67 | SPOT | Spotify Technology | PairCorr |
| 0.76 | PYPL | PayPal Holdings Aggressive Push | PairCorr |
| 0.8 | FLR | Fluor | PairCorr |
| 0.72 | GS | Goldman Sachs Group Fiscal Year End 21st of January 2025 | PairCorr |
| 0.85 | SLG | SL Green Realty Fiscal Year End 22nd of January 2025 | PairCorr |
Moving against BWLLF Pink Sheet
| 0.57 | NPNYY | Nippon Yusen Kabushiki | PairCorr |
| 0.32 | OROVF | Orient Overseas Downward Rally | PairCorr |
| 0.47 | OPEN | Opendoor Technologies Aggressive Push | 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 BWLLF Pink Sheet performing well and BW LPG 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 BW LPG'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| HUPHY | 1.52 | 0.53 | 0.00 | (4.06) | 0.00 | 4.33 | 21.84 | |||
| KAIKY | 0.86 | 0.19 | 0.00 | (0.09) | 0.00 | 0.00 | 19.36 | |||
| MPZZF | 2.41 | 0.14 | (0.01) | (0.32) | 3.11 | 4.98 | 13.93 | |||
| HLAGF | 1.79 | 0.19 | (0.01) | (0.11) | 2.43 | 5.24 | 24.56 | |||
| PCFBY | 2.50 | (0.04) | 0.00 | 0.24 | 0.00 | 5.74 | 35.64 | |||
| HAFNF | 1.52 | 0.34 | 0.05 | (0.27) | 1.78 | 3.61 | 11.71 | |||
| SB-PD | 0.35 | 0.02 | (0.19) | 0.82 | 0.45 | 0.81 | 2.89 | |||
| WSSTF | 1.13 | (0.54) | 0.00 | 1.18 | 0.00 | 0.00 | 30.13 | |||
| OROVF | 0.88 | (0.29) | 0.00 | 16.22 | 0.00 | 0.07 | 16.50 | |||
| SITIF | 1.76 | 0.79 | 0.00 | (0.84) | 0.00 | 2.15 | 48.89 |
View BW LPG Related Equities
| Risk & Return | Correlation |
BW LPG Corporate Management
| Lisa Lim | Head Communications | Profile | |
| Susan Barit | Acting Sec | Profile | |
| Kristian Srensen | Head CEO | Profile | |
| Iver Baatvik | Head Relations | Profile | |
| Pontus Berg | Ex Operations | Profile |
Still Interested in BW LPG Limited?
Investing in delisted pink sheets can be risky, as the pink sheet is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.