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Last Update: 13-Jul-2024, 07:36 CST

IJK Correlation Report

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Correlation Plot    ExplainYTD: IJK  15.0 %  vs. SPX  17.7 % 
iShares SP Mid-Cap 400 Growth ETF

* Correlation: MODERATE* Reward: correlation not >= 0.6 or <= -0.6
* Diversifier: WEAK* Risk: MODERATE

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

0.578

-0.145

1.55

-31

-3.5

48.3
* Last 60 market days. IJK relative to SPX - S&P 500 Index
Most Correlated Non-ETF Securities:
RankIJK CCTicker Symbol - Security NameSPX CCSPX AlphaSPX Beta
1
0.855 Subscribe first then Login to view complete reports now

0.420

-0.619

2.51
2
0.835 Subscribe first then Login to view complete reports now

0.387

-0.745

2.96
3
1
0.831 Subscribe first then Login to view complete reports now

0.461

-0.475

1.75
4
2
0.826 Subscribe first then Login to view complete reports now

0.348

-0.674

3.23
5
0.822 CR - Crane Company

0.414

-0.458

2.90
Least Correlated Non-ETF Securities:
RankIJK CCTicker Symbol - Security NameSPX CCSPX AlphaSPX Beta
1
33
0.000 Subscribe first then Login to view complete reports now

-0.182

0.058

-0.39
2
19
0.000 Subscribe first then Login to view complete reports now

-0.146

0.920

-6.25
3
12
0.000 Subscribe first then Login to view complete reports now

-0.097

0.991

-8.97
4
7
0.001 Subscribe first then Login to view complete reports now

0.258

-3.376

16.15
5
32
-0.002 RDY - Dr. Reddys Laboratories Ltd

0.000

0.648

-2.45
Most Anti-Correlated Non-ETF Securities:
RankIJK CCTicker Symbol - Security NameSPX CCSPX AlphaSPX Beta
1
-0.550 Subscribe first then Login to view complete reports now

-0.441

0.037

-0.55
2
-0.536 Subscribe first then Login to view complete reports now

-0.508

0.070

-0.80
3
-0.473 Subscribe first then Login to view complete reports now

-0.389

0.065

-0.47
4
-0.466 Subscribe first then Login to view complete reports now

-0.307

0.084

-0.54
5
2
-0.313 HOLO - MicroCloud Hologram Inc.

-0.309

0.457

-18.19




 

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