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Last Update: 04-Oct-2024, 17:57 CST

KSPI Correlation Report

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Correlation Plot    ExplainYTD: KSPI  19.6 %  vs. SPX  20.6 % 
Joint Stock Company Kaspi.kz - ADR

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

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

0.471

-0.079

2.33

-8

-3.5

50.0
* Last 60 market days. KSPI relative to SPX - S&P 500 Index
Most Correlated Non-ETF Securities:
RankKSPI CCTicker Symbol - Security NameSPX CCSPX AlphaSPX Beta
1
0.621 Subscribe first then Login to view complete reports now

0.746

-0.208

2.01
2
0.558 Subscribe first then Login to view complete reports now

0.668

0.278

3.39
3
0.551 Subscribe first then Login to view complete reports now

0.732

0.147

1.67
4
0.544 Subscribe first then Login to view complete reports now

0.781

-0.282

2.04
5
0.531 MGM - MGM Resorts International

0.656

-0.313

1.97
Least Correlated Non-ETF Securities:
RankKSPI CCTicker Symbol - Security NameSPX CCSPX AlphaSPX Beta
1
172
0.000 Subscribe first then Login to view complete reports now

0.030

0.098

10.62
2
119
0.000 Subscribe first then Login to view complete reports now

0.088

0.231

0.78
3
48
0.000 Subscribe first then Login to view complete reports now

0.296

-0.723

3.93
4
17
0.000 Subscribe first then Login to view complete reports now

0.079

-0.075

1.19
5
36
0.001 GFI - Gold Fields Limited American Depositary Shares

0.180

-0.081

2.67
Most Anti-Correlated Non-ETF Securities:
RankKSPI CCTicker Symbol - Security NameSPX CCSPX AlphaSPX Beta
1
-0.427 Subscribe first then Login to view complete reports now

-0.616

0.124

-0.53
2
-0.421 Subscribe first then Login to view complete reports now

-0.497

-0.039

-0.52
3
-0.405 Subscribe first then Login to view complete reports now

-0.370

0.043

-0.26
4
-0.401 Subscribe first then Login to view complete reports now

-0.449

0.079

-0.80
5
-0.351 CHFEUR - Swiss Franc Euro

-0.502

0.079

-0.40




 

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