BerolinaCapital Premium Correlations

DEDL Fund

EUR 94.20 1.07 1.12%

The current 90-days correlation between BerolinaCapital Premium and Groupama Entreprises N is 0.13 (i.e., Average diversification). The correlation of BerolinaCapital Premium 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.

BerolinaCapital Premium Correlation With Market

Good diversification

The correlation between BerolinaCapital Premium and DJI is -0.08 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding BerolinaCapital Premium and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to BerolinaCapital Premium could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BerolinaCapital Premium 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 BerolinaCapital Premium - 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 BerolinaCapital Premium to buy it.

Moving together with BerolinaCapital Fund

0.91	0P00001S8S	Groupama Entreprises	Pair Corr
0.78	E908	Lyxor 1	Pair Corr
0.67	DBPE	Xtrackers LevDAX	Pair Corr

Moving against BerolinaCapital Fund

0.74	DBPD	Xtrackers ShortDAX	Pair Corr
0.44	0P00000PM8	Renaissance Europe	Pair Corr

Related Correlations Analysis

	0P00001S8S	0P00000PM8	8SP	39O1	INVN	IUI1	INL	VOW	RS6	RRU
0P00001S8S		-0.66	-0.74	-0.22	0.9	0.93	0.5	-0.88	0.91	0.76	0P00001S8S
0P00000PM8	-0.66		0.8	0.64	-0.52	-0.77	-0.59	0.84	-0.7	-0.21	0P00000PM8
8SP	-0.74	0.8		0.43	-0.53	-0.77	-0.66	0.79	-0.73	-0.43	8SP
39O1	-0.22	0.64	0.43		-0.2	-0.37	-0.07	0.42	-0.22	0.15	39O1
INVN	0.9	-0.52	-0.53	-0.2		0.87	0.28	-0.78	0.85	0.69	INVN
IUI1	0.93	-0.77	-0.77	-0.37	0.87		0.51	-0.92	0.93	0.63	IUI1
INL	0.5	-0.59	-0.66	-0.07	0.28	0.51		-0.57	0.63	0.37	INL
VOW	-0.88	0.84	0.79	0.42	-0.78	-0.92	-0.57		-0.91	-0.51	VOW
RS6	0.91	-0.7	-0.73	-0.22	0.85	0.93	0.63	-0.91		0.63	RS6
RRU	0.76	-0.21	-0.43	0.15	0.69	0.63	0.37	-0.51	0.63		RRU
	0P00001S8S	0P00000PM8	8SP	39O1	INVN	IUI1	INL	VOW	RS6	RRU

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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

IUI1	+ 0.93	0P00001S8S
RS6	+ 0.93	IUI1
RS6	+ 0.91	0P00001S8S
INVN	+ 0.9	0P00001S8S
IUI1	+ 0.87	INVN
RS6	+ 0.85	INVN

High negative correlations

VOW	- 0.92	IUI1
RS6	- 0.91	VOW
VOW	- 0.88	0P00001S8S
VOW	- 0.78	INVN
IUI1	- 0.77	8SP
IUI1	- 0.77	0P00000PM8

Risk-Adjusted Indicators

There is a big difference between BerolinaCapital Fund performing well and BerolinaCapital Premium 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 BerolinaCapital Premium'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
0P00001S8S	0.01	0.00	0.00	(1.48)	0.00	0.00	0.04	0.00	0.04
0P00000PM8	0.69	0.00	(0.10)	0.09	0.95	(0.70)	1.10	(1.95)	4.59
8SP	2.07	(0.04)	0.00	(1.30)	0.00	0.00	3.36	(3.96)	20.22
39O1	3.53	0.21	0.03	1.73	3.47	(5.29)	8.41	(5.63)	24.06
INVN	2.17	0.34	0.14	0.38	2.02	(2.61)	6.28	(4.00)	14.01
IUI1	1.19	0.16	0.09	0.37	1.12	(1.31)	3.28	(2.07)	10.53
INL	2.48	0.12	0.03	0.28	2.65	(3.12)	7.04	(5.34)	16.28
VOW	1.25	(0.07)	0.00	0.38	0.00	0.00	2.84	(2.99)	9.42
RS6	1.32	0.26	0.13	1.55	1.15	(1.51)	2.94	(2.03)	13.65
RRU	1.71	0.20	0.11	0.24	1.84	(1.90)	3.66	(3.39)	10.56

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Our tools can tell you how much better you can do entering a position in BerolinaCapital Premium 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.

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