Barings Participation Correlations

MPV Stock

USD 17.50 0.40 2.34%

The current 90-days correlation between Barings Participation and Cohen Steers Total is 0.12 (i.e., Average diversification). The correlation of Barings Participation 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. If the correlation is 0, the equities are not correlated; they are entirely random.

Barings Participation Correlation With Market

Good diversification

The correlation between Barings Participation Investor and DJI is -0.15 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Barings Participation Investor and DJI in the same portfolio, assuming nothing else is changed.

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Barings Participation Investors. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

Moving together with Barings Stock

0.63	DX	Dynex Capital	Pair Corr
0.72	LX	Lexinfintech Holdings Buyout Trend	Pair Corr
0.68	RM	Regional Management Corp Normal Trading	Pair Corr

Moving against Barings Stock

0.62	DHIL	Diamond Hill Investment	Pair Corr
0.32	AC	Associated Capital	Pair Corr
0.66	XP	Xp Inc	Pair Corr
0.61	WD	Walker Dunlop Normal Trading	Pair Corr
0.46	WT	WisdomTree	Pair Corr
0.41	VINP	Vinci Partners Inves	Pair Corr
0.32	SF	Stifel Financial Earnings Call This Week	Pair Corr
0.36	VRTS	Virtus Investment	Pair Corr

Related Correlations Analysis

	NIE	RFI	CBH	FRA	CXH	FMN	NXC	JHS	JPT
NIE		-0.5	0.82	0.48	0.07	-0.41	-0.68	-0.09	0.68	NIE
RFI	-0.5		-0.78	0.01	0.55	0.62	0.81	0.59	-0.4	RFI
CBH	0.82	-0.78		0.21	-0.24	-0.72	-0.91	-0.48	0.56	CBH
FRA	0.48	0.01	0.21		0.28	-0.24	-0.24	0.26	0.11	FRA
CXH	0.07	0.55	-0.24	0.28		0.52	0.37	0.7	0.14	CXH
FMN	-0.41	0.62	-0.72	-0.24	0.52		0.81	0.7	0.01	FMN
NXC	-0.68	0.81	-0.91	-0.24	0.37	0.81		0.53	-0.42	NXC
JHS	-0.09	0.59	-0.48	0.26	0.7	0.7	0.53		0.15	JHS
JPT	0.68	-0.4	0.56	0.11	0.14	0.01	-0.42	0.15		JPT
	NIE	RFI	CBH	FRA	CXH	FMN	NXC	JHS	JPT

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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

CBH	+ 0.82	NIE
NXC	+ 0.81	RFI
NXC	+ 0.81	FMN
JHS	+ 0.7	CXH
JHS	+ 0.7	FMN
JPT	+ 0.68	NIE

High negative correlations

NXC	- 0.91	CBH
CBH	- 0.78	RFI
FMN	- 0.72	CBH
NXC	- 0.68	NIE
RFI	- 0.5	NIE
JHS	- 0.48	CBH

Risk-Adjusted Indicators

There is a big difference between Barings Stock performing well and Barings Participation 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 Barings Participation'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
NIE	0.68	0.11	0.10	0.39	1.00	(0.70)	1.49	(1.75)	5.31
RFI	0.83	(0.09)	0.00	(0.21)	0.00	0.00	1.49	(1.82)	5.46
CBH	0.13	0.04	0.20	11.22	0.00	(0.18)	0.22	(0.22)	0.78
FRA	0.60	(0.02)	0.00	(0.26)	0.00	0.00	1.12	(1.20)	3.28
CXH	0.46	(0.04)	0.00	(1.75)	0.00	0.00	0.76	(1.01)	3.18
FMN	0.57	(0.16)	0.00	(0.65)	0.00	0.00	1.07	(1.50)	2.68
NXC	0.47	(0.09)	0.00	(0.69)	0.00	0.00	0.82	(1.15)	3.97
JHS	0.39	(0.04)	0.00	(0.30)	0.00	0.00	0.72	(0.97)	2.20
JPT	0.62	0.01	0.01	(0.09)	1.04	(0.57)	1.33	(1.82)	4.64

Barings Participation Corporate Management

Michael Cowart	Chief Compliance Officer	Profile
Susan Sweeney	Independent Trustee	Profile
Christopher Hanscom	Treasurer	Profile
Edward Grace	Independent Trustee	Profile
Robert Joyal	Trustee	Profile
Christina Emery	President	Profile

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