Keurig Correlations

49271VAH3

98.04 1.63 1.64%

The current 90-days correlation between Keurig Dr Pepper and AEP TEX INC is -0.44 (i.e., Very good diversification). The correlation of Keurig 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.

Keurig Correlation With Market

Good diversification

The correlation between Keurig Dr Pepper and DJI is -0.19 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Keurig Dr Pepper and DJI in the same portfolio, assuming nothing else is changed.

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

Moving against Keurig Bond

0.64	RR	Richtech Robotics Class	Pair Corr
0.55	AAPL	Apple Inc Aggressive Push	Pair Corr
0.45	SOFR	SOFR Symbol Change	Pair Corr
0.42	DOCU	DocuSign Sell-off Trend	Pair Corr
0.42	LULU	Lululemon Athletica	Pair Corr
0.42	JAJL	Innovator Equity Defined	Pair Corr
0.4	YMM	Full Truck Alliance	Pair Corr
0.37	SIDU	Sidus Space	Pair Corr
0.36	BTC	Grayscale Bitcoin Mini	Pair Corr
0.36	VIRS	Pacer Financial	Pair Corr
0.33	C	Citigroup Fiscal Year End 10th of January 2025	Pair Corr
0.32	BMYMP	Bristol Myers Squibb	Pair Corr
0.31	VSLU	ETF Opportunities Trust	Pair Corr
0.44	HGORX	Hartford Growth	Pair Corr
0.41	FEDL	UBS AG London	Pair Corr
0.4	ITRGX	Vy T Rowe	Pair Corr
0.38	JANW	AIM ETF Products	Pair Corr
0.38	LGLUX	L Abbett Growth	Pair Corr
0.37	RXI	iShares Global Consumer	Pair Corr
0.35	NERD	Roundhill Video Games	Pair Corr
0.34	CFSIX	Touchstone Sands Capital	Pair Corr
0.32	FETH	Fidelity Advantage Ether	Pair Corr
0.32	BST	BlackRock Science Tech	Pair Corr
0.32	TWMTX	Transamerica Growth	Pair Corr

Related Correlations Analysis

	00108WAF7	90331HPL1	GBXI	BAC	PSQH	CMGR	M	AGLDF	FRCOF	GIFI
00108WAF7		0.01	0.04	-0.08	-0.05	-0.05	-0.16	0.08	-0.15	-0.02	00108WAF7
90331HPL1	0.01		-0.16	0.03	-0.29	0.29	-0.34	-0.08	0.0	-0.24	90331HPL1
GBXI	0.04	-0.16		0.54	0.45	-0.32	0.44	-0.21	-0.21	0.52	GBXI
BAC	-0.08	0.03	0.54		0.31	-0.21	0.49	-0.51	-0.13	0.89	BAC
PSQH	-0.05	-0.29	0.45	0.31		-0.55	0.59	-0.17	0.08	0.39	PSQH
CMGR	-0.05	0.29	-0.32	-0.21	-0.55		-0.5	0.07	-0.2	-0.39	CMGR
M	-0.16	-0.34	0.44	0.49	0.59	-0.5		-0.13	0.15	0.54	M
AGLDF	0.08	-0.08	-0.21	-0.51	-0.17	0.07	-0.13		-0.3	-0.48	AGLDF
FRCOF	-0.15	0.0	-0.21	-0.13	0.08	-0.2	0.15	-0.3		-0.16	FRCOF
GIFI	-0.02	-0.24	0.52	0.89	0.39	-0.39	0.54	-0.48	-0.16		GIFI
	00108WAF7	90331HPL1	GBXI	BAC	PSQH	CMGR	M	AGLDF	FRCOF	GIFI

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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

GIFI	+ 0.89	BAC
M	+ 0.59	PSQH
BAC	+ 0.54	GBXI
GIFI	+ 0.54	M
GIFI	+ 0.52	GBXI
M	+ 0.49	BAC

High negative correlations

CMGR	- 0.55	PSQH
AGLDF	- 0.51	BAC
M	- 0.5	CMGR
GIFI	- 0.48	AGLDF
GIFI	- 0.39	CMGR
M	- 0.34	90331HPL1

Risk-Adjusted Indicators

There is a big difference between Keurig Bond performing well and Keurig Corporate Bond 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 Keurig'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
00108WAF7	1.45	0.11	0.04	0.43	1.90	(1.57)	5.71	(2.57)	13.40
90331HPL1	0.37	(0.02)	0.00	(0.31)	0.00	0.00	1.39	(1.70)	7.18
GBXI	5.92	2.49	0.00	(0.34)	0.00	0.00	0.00	0.00	150.00
BAC	1.03	0.12	0.13	0.12	0.80	(1.29)	2.12	(1.42)	11.87
PSQH	9.80	3.12	0.39	(2.56)	6.36	(15.69)	11.94	(9.68)	308.13
CMGR	21.49	4.70	0.09	(0.95)	19.17	(83.33)	100.00	(50.00)	150.00
M	1.70	0.14	0.08	0.14	1.76	(2.06)	4.01	(2.75)	13.44
AGLDF	15.04	2.43	0.07	0.44	16.11	(43.80)	54.35	(41.86)	165.63
FRCOF	0.93	0.18	0.00	(0.96)	0.00	0.00	2.65	(0.98)	23.45
GIFI	2.17	0.33	0.16	0.28	1.89	(2.67)	7.10	(3.78)	21.05

Be your own money manager

Our tools can tell you how much better you can do entering a position in Keurig 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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