Barrett Business Correlations

Stocks . Germany . 
Stock . Barrett Business Services
BB1 Stock  EUR 40.40  0.60  1.46%   
The current 90-days correlation between Barrett Business Services and PageGroup plc is 0.14 (i.e., Average diversification). The correlation of Barrett Business 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.

Barrett Business Correlation With Market

Average diversification

The correlation between Barrett Business Services and DJI is 0.17 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Barrett Business Services and DJI in the same portfolio, assuming nothing else is changed.
  
The ability to find closely correlated positions to Barrett Business could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Barrett Business 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 Barrett Business - 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 Barrett Business Services to buy it.

Moving together with Barrett Stock

  0.96RHJ Robert Half InternationalPairCorr
  0.67KFY Korn FerryPairCorr
  0.87XTP Sino AGPairCorr
  0.9174F LIFE BANC SPLITPairCorr
  0.80CG Chegg IncPairCorr
  0.96UVV Universal CorpPairCorr
  0.95HEI Heidelberg MaterialsPairCorr
  0.84SAP SAP SEPairCorr
  0.952PP PayPal HoldingsPairCorr
  0.79UF2 Sunstone Hotel InvestorsPairCorr
  0.88JBL JABIL CIRCUITPairCorr
  0.64ACT AlzChem Group AGPairCorr
  0.897SU Summit MaterialsPairCorr
  0.63ACT AlzChem Group AGPairCorr
  0.92AKX ANSYS IncPairCorr
  0.788II PLAYTIKA HOLDINGPairCorr
  0.89TF7A Tyson FoodsPairCorr
  0.82ML2 Ming Le SportsPairCorr

Moving against Barrett Stock

  0.82SG9 Strix Group PlcPairCorr
  0.699Y2 LABOCANNA SA ZYPairCorr
  0.6HAY Hays plcPairCorr
  0.49MPW ManpowerGroupPairCorr
  0.473MI PageGroup plcPairCorr
  0.459EE ZINZINO AB BPairCorr
  0.72IU2 Yara International ASAPairCorr
  0.692RR Alibaba Group HoldingPairCorr
  0.55C4X Onxeo SAPairCorr
  0.53DBPD Xtrackers ShortDAXPairCorr
  0.31BOSS Hugo Boss AGPairCorr

Related Correlations Analysis

Please specify at least 3 valid symbols having historical data to build a meaningful correlation cloud. You can use symbol search above to locate your securities.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Barrett Business without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Piotroski F Score Now

   

Piotroski F Score

Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
All  Next Launch Module

Barrett Business Corporate Management

Elected by the shareholders, the Barrett Business' board of directors comprises two types of representatives: Barrett Business inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Barrett. The board's role is to monitor Barrett Business' management team and ensure that shareholders' interests are well served. Barrett Business' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Barrett Business' outside directors are responsible for providing unbiased perspectives on the board's policies.
James PottsGen VPProfile
Anthony HarrisCFO, VPProfile
Rachael StutzmanVP MarketingProfile
Gary KramerCEO PresProfile
Gerald BlotzEx COOProfile
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2024 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY