Bahema Educao Correlations
| BAHI3 Stock | BRL 4.43 0.00 0.00% |
The current 90-days correlation between Bahema Educao SA and Biomm SA is 0.09 (i.e., Significant diversification). The correlation of Bahema Educao 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.
Bahema Educao Correlation With Market
Significant diversification
The correlation between Bahema Educao SA and DJI is 0.07 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Bahema Educao SA and DJI in the same portfolio, assuming nothing else is changed.
Bahema |
The ability to find closely correlated positions to Bahema Educao could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bahema Educao 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 Bahema Educao - 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 Bahema Educao SA to buy it.
Moving together with Bahema Stock
Moving against Bahema Stock
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| 0.79 | TSMC34 | Taiwan Semiconductor | PairCorr |
| 0.78 | HONB34 | Honeywell International | PairCorr |
| 0.76 | CAON34 | Capital One Financial | PairCorr |
| 0.75 | CTKA3 | Karsten SA | PairCorr |
| 0.73 | WALM34 | Walmart | PairCorr |
| 0.72 | P2LT34 | Palantir Technologies | PairCorr |
| 0.7 | A1VB34 | AvalonBay Communities | PairCorr |
| 0.7 | AAPL34 | Apple Inc | PairCorr |
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| 0.67 | PSSA3 | Porto Seguro SA | PairCorr |
| 0.66 | MSFT34 | Microsoft | PairCorr |
| 0.64 | MAPT4 | Cemepe Investimentos | PairCorr |
| 0.63 | TSLA34 | Tesla Inc | PairCorr |
| 0.63 | RCSL4 | Recrusul SA | PairCorr |
| 0.6 | GGBR3 | Gerdau SA | PairCorr |
| 0.44 | A1VY34 | A1VY34 | PairCorr |
| 0.32 | FHER3 | Fertilizantes Heringer | PairCorr |
Related Correlations Analysis
| 0.57 | 0.7 | 0.45 | 0.34 | BIOM3 | ||
| 0.57 | 0.73 | 0.76 | 0.79 | ANIM3 | ||
| 0.7 | 0.73 | 0.29 | 0.54 | SHOW3 | ||
| 0.45 | 0.76 | 0.29 | 0.59 | SEER3 | ||
| 0.34 | 0.79 | 0.54 | 0.59 | BOBR4 | ||
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Risk-Adjusted Indicators
There is a big difference between Bahema Stock performing well and Bahema Educao 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 Bahema Educao'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BIOM3 | 2.60 | 0.08 | 0.02 | (0.71) | 2.89 | 6.74 | 15.51 | |||
| ANIM3 | 3.57 | (0.67) | 0.00 | 1.38 | 0.00 | 4.66 | 22.44 | |||
| SHOW3 | 2.27 | (0.53) | 0.00 | 0.99 | 0.00 | 4.40 | 21.43 | |||
| SEER3 | 2.94 | (0.42) | 0.00 | (1.21) | 0.00 | 5.44 | 19.60 | |||
| BOBR4 | 2.24 | (0.19) | 0.00 | (1.92) | 0.00 | 5.20 | 14.47 |
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Bahema Educao Corporate Management
Elected by the shareholders, the Bahema Educao's board of directors comprises two types of representatives: Bahema Educao inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Bahema. The board's role is to monitor Bahema Educao's management team and ensure that shareholders' interests are well served. Bahema Educao's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Bahema Educao's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Fabricio Mainieri | Member Board | Profile | |
| Gabriel Ribeiro | Pres Board | Profile | |
| Guilherme Filho | IR Board | Profile | |
| Jaime Bastos | Member Board | Profile | |
| Oswaldo Soares | Member Board | Profile | |
| Leonardo Oliveira | Marketing Board | Profile |