Barry Callebaut Correlations
| BYCBF Stock | USD 1,450 50.00 3.33% |
The current 90-days correlation between Barry Callebaut AG and Hershey Co is 0.03 (i.e., Significant diversification). The correlation of Barry Callebaut 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.
Barry Callebaut Correlation With Market
Significant diversification
The correlation between Barry Callebaut AG and DJI is 0.03 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Barry Callebaut AG and DJI in the same portfolio, assuming nothing else is changed.
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The ability to find closely correlated positions to Barry Callebaut could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Barry Callebaut 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 Barry Callebaut - 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 Barry Callebaut AG to buy it.
Moving against Barry Pink Sheet
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| 0.44 | LION | Lionsgate Studios Corp | PairCorr |
| 0.31 | TRCA | Twin Ridge Capital | PairCorr |
| 0.31 | APAC | Stonebridge Acquisition Symbol Change | PairCorr |
| 0.31 | AAC | Ares Acquisition | PairCorr |
| 0.75 | COST | Costco Wholesale Corp Earnings Call Today | PairCorr |
| 0.67 | TNXP | Tonix Pharmaceuticals | PairCorr |
| 0.62 | FVRR | Fiverr International | PairCorr |
| 0.56 | LOVE | Lovesac | PairCorr |
| 0.56 | VFS | VinFast Auto | PairCorr |
| 0.54 | OCCI | OFS Credit | PairCorr |
| 0.52 | PLTR | Palantir Technologies Aggressive Push | PairCorr |
| 0.45 | COIN | Coinbase Global | PairCorr |
| 0.44 | HWM | Howmet Aerospace | PairCorr |
| 0.42 | FCNCA | First Citizens BancShares | PairCorr |
| 0.41 | ESSA | ESSA Bancorp | PairCorr |
| 0.4 | HON | Honeywell International Sell-off Trend | PairCorr |
| 0.34 | CVX | Chevron Corp Fiscal Year End 7th of February 2025 | PairCorr |
| 0.79 | TJX | TJX Companies | PairCorr |
| 0.76 | RNMBF | Rheinmetall AG | PairCorr |
| 0.62 | DECK | Deckers Outdoor | PairCorr |
| 0.6 | MFG | Mizuho Financial | PairCorr |
| 0.57 | RUM | Rumble Inc Sell-off Trend | PairCorr |
| 0.56 | RGTI | Rigetti Computing Trending | PairCorr |
Related Correlations Analysis
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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 Barry Pink Sheet performing well and Barry Callebaut 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 Barry Callebaut'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| HSY | 1.18 | (0.20) | 0.00 | (1.20) | 0.00 | 1.63 | 14.18 | |||
| MDLZ | 0.75 | (0.25) | 0.00 | 2.38 | 0.00 | 1.18 | 5.68 | |||
| LDSVF | 0.84 | (0.22) | 0.00 | (13.37) | 0.00 | 1.71 | 6.84 | |||
| BZLFY | 0.80 | (0.11) | 0.00 | (0.13) | 0.00 | 1.45 | 4.07 | |||
| CIADY | 3.55 | 0.66 | 0.12 | 15.32 | 4.03 | 10.52 | 33.77 | |||
| KRYAY | 1.26 | (0.14) | 0.00 | (0.78) | 0.00 | 2.33 | 7.82 | |||
| KRYAF | 0.65 | (0.19) | 0.00 | (0.87) | 0.00 | 0.43 | 17.50 |
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Barry Callebaut Corporate Management
| Olivier Delaunay | Chief Officer | Profile | |
| Claudia Pedretti | Head of Investor Relations | Profile | |
| Peter Boone | Member of the Executive Committee, Chief Innovation & Quality Officer | Profile | |
| Masha VisMertens | Chief Officer | Profile | |
| Steven Vandamme | Chief Officer | Profile | |
| Simone dEpinay | Head Fin | Profile |