Brookfield Real Correlations

RA Fund

USD 13.44 0.02 0.15%

The current 90-days correlation between Brookfield Real Assets and Cornerstone Strategic Return is 0.15 (i.e., Average diversification). The correlation of Brookfield Real 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.

Brookfield Real Correlation With Market

Weak diversification

The correlation between Brookfield Real Assets and DJI is 0.31 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Brookfield Real Assets and DJI in the same portfolio, assuming nothing else is changed.

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Brookfield Real Assets. Also, note that the market value of any fund could be closely tied with the direction of predictive economic indicators such as signals in nation.

Moving together with Brookfield Fund

0.73	ERH	Allspring Utilities And	Pair Corr
0.62	DNP	Dnp Select Income	Pair Corr
0.62	PCF	Putnam High Income	Pair Corr
0.89	SCD	Lmp Capital And	Pair Corr
0.8	RIV	Rivernorth Opportunities	Pair Corr
0.64	VZ	Verizon Communications Aggressive Push	Pair Corr
0.71	DD	Dupont De Nemours Fiscal Year End 4th of February 2025	Pair Corr
0.8	IBM	International Business Fiscal Year End 22nd of January 2025	Pair Corr
0.81	GE	GE Aerospace Fiscal Year End 28th of January 2025	Pair Corr

Moving against Brookfield Fund

0.54	VVR	Invesco Senior Income	Pair Corr
0.54	BA	Boeing Fiscal Year End 29th of January 2025	Pair Corr

Related Correlations Analysis

	PDI	PTY	CLM	CRF	PDO	GOF	UTG	OPP	OXLC	ECC
PDI		0.51	0.22	0.33	0.84	0.67	0.53	0.35	0.14	0.21	PDI
PTY	0.51		0.91	0.95	0.18	0.95	0.89	-0.46	0.82	-0.41	PTY
CLM	0.22	0.91		0.99	-0.1	0.82	0.83	-0.68	0.88	-0.6	CLM
CRF	0.33	0.95	0.99		0.02	0.89	0.87	-0.59	0.88	-0.52	CRF
PDO	0.84	0.18	-0.1	0.02		0.4	0.35	0.64	-0.16	0.27	PDO
GOF	0.67	0.95	0.82	0.89	0.4		0.91	-0.28	0.71	-0.32	GOF
UTG	0.53	0.89	0.83	0.87	0.35	0.91		-0.32	0.64	-0.54	UTG
OPP	0.35	-0.46	-0.68	-0.59	0.64	-0.28	-0.32		-0.62	0.64	OPP
OXLC	0.14	0.82	0.88	0.88	-0.16	0.71	0.64	-0.62		-0.35	OXLC
ECC	0.21	-0.41	-0.6	-0.52	0.27	-0.32	-0.54	0.64	-0.35		ECC
	PDI	PTY	CLM	CRF	PDO	GOF	UTG	OPP	OXLC	ECC

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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

CRF	+ 0.99	CLM
CRF	+ 0.95	PTY
GOF	+ 0.95	PTY
CLM	+ 0.91	PTY
UTG	+ 0.91	GOF
UTG	+ 0.89	PTY

High negative correlations

OPP	- 0.68	CLM
OXLC	- 0.62	OPP
ECC	- 0.6	CLM
OPP	- 0.59	CRF
ECC	- 0.54	UTG
ECC	- 0.52	CRF

Risk-Adjusted Indicators

There is a big difference between Brookfield Fund performing well and Brookfield Real Fund 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 Brookfield Real'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
PDI	0.49	0.04	(0.04)	0.30	0.99	(0.44)	1.04	(1.35)	5.57
PTY	0.17	0.07	(0.20)	2.71	0.00	(0.23)	0.50	(0.21)	1.26
CLM	0.58	0.23	0.28	0.52	0.00	(0.80)	1.75	(0.80)	2.82
CRF	0.62	0.22	0.22	0.53	0.06	(0.84)	1.81	(0.99)	3.89
PDO	0.47	0.04	(0.09)	0.77	0.69	(0.44)	0.92	(1.01)	2.88
GOF	0.39	0.07	(0.06)	0.62	0.40	(0.40)	0.98	(0.88)	1.94
UTG	0.67	0.23	0.13	0.92	0.63	(0.72)	1.48	(1.54)	4.23
OPP	0.48	(0.05)	0.00	(0.09)	0.00	0.00	1.14	(0.90)	3.58
OXLC	0.46	0.03	(0.11)	0.25	0.51	(0.54)	1.00	(0.98)	3.24
ECC	0.49	(0.10)	0.00	(0.52)	0.00	0.00	1.16	(1.49)	3.16

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