Cohen Correlations

COHN Stock

USD 10.20 0.49 5.05%

The current 90-days correlation between Cohen Company and Scully Royalty is 0.02 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cohen moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cohen Company moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Cohen Correlation With Market

Significant diversification

The correlation between Cohen Company and DJI is 0.05 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Cohen Company 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 Cohen Company. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

Moving together with Cohen Stock

0.85	V	Visa Class A	Pair Corr
0.69	DHIL	Diamond Hill Investment	Pair Corr
0.8	DIST	Distoken Acquisition	Pair Corr
0.63	BX	Blackstone Group Normal Trading	Pair Corr
0.78	GS	Goldman Sachs Group Fiscal Year End 21st of January 2025	Pair Corr
0.7	LC	LendingClub Corp	Pair Corr
0.7	MC	Moelis	Pair Corr
0.69	MS	Morgan Stanley Sell-off Trend	Pair Corr
0.64	PX	P10 Inc	Pair Corr
0.67	SF	Stifel Financial Earnings Call This Week	Pair Corr
0.69	WT	WisdomTree	Pair Corr
0.67	VCTR	Victory Capital Holdings Sell-off Trend	Pair Corr
0.87	DUET	DUET Acquisition Corp	Pair Corr
0.79	VIRT	Virtu Financial Normal Trading	Pair Corr

Moving against Cohen Stock

0.45	PT	Pintec Technology	Pair Corr
0.32	LU	Lufax Holding	Pair Corr
0.7	WU	Western Union	Pair Corr
0.59	EARN	Ellington Residential Normal Trading	Pair Corr
0.53	XP	Xp Inc	Pair Corr
0.44	PWUPW	PowerUp Acquisition Corp	Pair Corr

Related Correlations Analysis

	MS-PI	MS-PE	MS-PK	GS-PC	MS-PF	MS-PO	MS-PP	PJT	SRL
MS-PI		0.95	0.71	0.77	0.97	0.27	0.83	0.77	0.11	MS-PI
MS-PE	0.95		0.7	0.76	0.96	0.24	0.82	0.75	0.03	MS-PE
MS-PK	0.71	0.7		0.55	0.69	0.6	0.84	0.41	-0.03	MS-PK
GS-PC	0.77	0.76	0.55		0.75	-0.05	0.51	0.72	0.0	GS-PC
MS-PF	0.97	0.96	0.69	0.75		0.25	0.8	0.74	0.09	MS-PF
MS-PO	0.27	0.24	0.6	-0.05	0.25		0.63	-0.2	0.25	MS-PO
MS-PP	0.83	0.82	0.84	0.51	0.8	0.63		0.56	0.05	MS-PP
PJT	0.77	0.75	0.41	0.72	0.74	-0.2	0.56		-0.06	PJT
SRL	0.11	0.03	-0.03	0.0	0.09	0.25	0.05	-0.06		SRL
	MS-PI	MS-PE	MS-PK	GS-PC	MS-PF	MS-PO	MS-PP	PJT	SRL

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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

MS-PF	+ 0.97	MS-PI
MS-PF	+ 0.96	MS-PE
MS-PE	+ 0.95	MS-PI
MS-PP	+ 0.84	MS-PK
MS-PP	+ 0.83	MS-PI
MS-PP	+ 0.82	MS-PE

High negative correlations

PJT	- 0.2	MS-PO
SRL	- 0.06	PJT
MS-PO	- 0.05	GS-PC
SRL	- 0.03	MS-PK
SRL	- 0.0	GS-PC

Risk-Adjusted Indicators

There is a big difference between Cohen Stock performing well and Cohen 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 Cohen'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
MS-PI	0.21	0.03	(0.32)	(1.37)	0.13	(0.22)	0.43	(0.43)	1.38
MS-PE	0.12	0.00	(0.55)	0.00	0.00	(0.14)	0.28	(0.24)	0.95
MS-PK	0.37	0.04	(0.21)	0.67	0.24	(0.46)	0.80	(0.55)	1.78
GS-PC	0.51	0.06	(0.08)	0.84	0.51	(0.55)	1.40	(0.98)	2.73
MS-PF	0.15	0.02	(0.53)	0.63	0.00	(0.19)	0.32	(0.28)	0.99
MS-PO	0.69	0.00	(0.10)	(0.22)	1.11	(0.67)	1.75	(1.52)	5.79
MS-PP	0.35	0.03	(0.19)	2.07	0.35	(0.41)	0.91	(0.75)	2.46
PJT	1.49	0.13	0.25	0.17	0.94	(2.05)	3.55	(2.04)	18.44
SRL	1.80	(0.13)	0.00	(0.27)	0.00	0.00	3.76	(4.18)	15.25

Cohen Corporate Management

Solomon Cohen	Portfolio Manager	Profile
Lester Brafman	Chief Officer	Profile
CPA BS	Chief Treasurer	Profile
Andrew Davilman	Chief Management	Profile
Dennis JD	General Secretary	Profile

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