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Last Update: 09-Oct-2024, 18:01 CST

IEV Correlation Report

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Correlation Plot    ExplainYTD: IEV  10.1 %  vs. SPX  21.4 % 
iShares Europe ETF

* Correlation: VERY STRONG* Reward: LOW
* Diversifier: VERY WEAK* Risk: LOW

CC *Alpha *Beta *RR *R-Scatter *% Win *

0.816

0.029

0.88

22

-3.9

51.7
* Last 60 market days. IEV relative to SPX - S&P 500 Index
Most Correlated Non-ETF Securities:
RankIEV CCTicker Symbol - Security NameSPX CCSPX AlphaSPX Beta
1
1
0.820 Subscribe first then Login to view complete reports now

0.843

-0.160

1.93
2
1
0.816 Subscribe first then Login to view complete reports now



3
1
0.810 Subscribe first then Login to view complete reports now

0.771

-0.152

2.57
4
1
0.802 Subscribe first then Login to view complete reports now

0.720

-0.653

2.66
5
0.790 BUR - Burford Capital Limited Ordinary Shares

0.704

-0.120

2.00
Least Correlated Non-ETF Securities:
RankIEV CCTicker Symbol - Security NameSPX CCSPX AlphaSPX Beta
1
1
0.000 Subscribe first then Login to view complete reports now

0.144

-1.116

8.18
2
1
0.001 Subscribe first then Login to view complete reports now

0.064

0.083

0.49
3
2
-0.001 Subscribe first then Login to view complete reports now

-0.063

-0.076

-0.49
4
16
-0.002 Subscribe first then Login to view complete reports now

-0.118

0.396

-0.78
5
14
-0.002 EVRG - Evergy Inc.

0.004

-0.136

0.84
Most Anti-Correlated Non-ETF Securities:
RankIEV CCTicker Symbol - Security NameSPX CCSPX AlphaSPX Beta
1
-0.632 Subscribe first then Login to view complete reports now

-0.500

0.003

-0.52
2
-0.575 Subscribe first then Login to view complete reports now

-0.345

0.098

-0.42
3
1
-0.525 Subscribe first then Login to view complete reports now

-0.631

0.136

-0.53
4
1
-0.510 Subscribe first then Login to view complete reports now

-0.351

0.045

-0.26
5
-0.430 EURGBP - Euro British Pound

-0.436

-0.012

-0.30




 

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